Head of Liquidity Stress Modeling (Executive Director)

Job Title

• Head of Liquidity Stress Modeling (Executive Director)

Department

• Treasury

Location

• London, United Kingdom

Job Type

• Permanent

Department Overview

• Treasury liquidity risks covering Nomura’s global capital-based business including risk management, management of liquidity and internal requirements.

Core Responsibilities

• Evaluate site’s ability to meet the demand from clients, supervisors, investors, and internal requesters

Strategy, Governance & Methodology

• Develop solid methodologies for modeling liquidity of risk scenarios, including stress scenarios.
• Develop and review a list of all liquidity and credit risk exposure
• Develop stress testing and reporting models - ensuring fit-for-purpose
• Ensure alignment with liquid capital management strategies and best practice

Model Development & Governance

• Develop and maintain liquidity risk models and model risk management framework procedures
• Develop robust models to model development, validation, and back-testing of complex stress models models across all asset classes
• Strengthen document compliance and ensure consistent application across markets
• Model development including design, build, validation model implementation, model development reviews, monitoring and governance cycles
• Assess liquidity position for new products and markets

Regulatory & Stakeholder Management

• Primary local team leader for regulatory initiatives and LFAR demands
• Liaise central and peripheral liquidity risk management teams
• Prepare materials for Board, Group Committee, Supervisors, Board Committee, SIFRI, SSRI, and ILR firms
• Participate in Regs and Risk Working Groups, Regulators, Audit, and IT Forum

Team Leadership

• Leading group team of 4 specialists across London, New York, and London
• Design and implement work plan to foster an atmosphere that encourages collaboration amongst high performing, multicultural, and diverse teams
• Ensure continual communication and effective liaison across levels/locales
• Engage employees on diverse learning opportunities and training to develop their skills
• Harnesses cross-regional collaboration and innovation to drive growth

Business Partnership

• Work closely with multiple stakeholder functions across the firm
• Provide strategic advice and support to senior management
• Collaborate with other business units to deliver innovative solutions for clients
• Promote a positive culture of teamwork and professional development

Requirements

• Additional skills in model development, validation, governance, back-testing, statistical modeling, and scenario analysis with large, complex datasets
• Expert user of programming languages (Python, SQL, R) and visualizations/prototyping platforms (Palisades, Power BI, etc.)
• Passion for clean, scalable, and maintainable technical solutions with minimal non-value activities while delivering amazing solutions to complex challenges
• Confident articulator of complex technical concepts to varied audiences (technical and non-technical) to an organizational level, building cross team trust while earning respect
• Strong control around mistakes with meticulous attention to detail, accuracy, and ability to deliver under pressure while meeting tight regulatory and management deadlines
• Advanced skills in model development, validation, governance, back-testing, statistical modeling, and scenario analysis with large, complex datasets

Benefits

• Employee Discounts: Enjoy discounts on products and services from our partners.
• Flexible Work Arrangements: We support flexible working arrangements to accommodate individual circumstances.
• Professional Development: Continuous learning and development opportunities to enhance your career path.
• Collaborative Culture: Be part of