Prime Brokerage Liquidity Stress Modelling Specialist; Vice President

Overview

Job title:

Prime Brokerage Liquidity Stress modelling specialist

Corporate

Title:

Vice President

Department: EMEA Treasury

Location:

London

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions:
Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit

Treasury is an established function within the Finance division at Nomura, with responsibility for all aspects of unsecured funding and to manage liquidity and funding in accordance with board-m mandated stress tests and in compliance with regulatory liquidity requirements.

The department has teams across Tokyo, London, Frankfurt, New York, Singapore, and Mumbai.

The department is organised into the below functions:

Funding – execution of the firm’s unsecured financing activities and liquidity pool investment, together with currency management.

Regulatory Liquidity Reporting & Data – responsible to ensure regulatory liquidity reporting is complete, accurate, and timely. Design, implement & maintain regulatory reporting control, governance, and escalation frameworks.

Asset Liability Management - managing risks arising from mismatches between assets and liabilities.

• It functions by implementing an effective financial management framework including fund transfer pricing, interest rate risk management and resource optimization hence enhancing its risk management, improve decision-making, and ultimately strengthen its overall financial performance.

Liquidity Management –

• Liquidity Strategies, Forecasting and Analytics – covers forecasting & management of compliance with liquidity metrics

• Liquidity Stress Modelling – develop and enhance internal stress testing framework and assumptions, scenario/ sensitivity analysis, model back-testing, testing and implementation of liquidity stress assumptions

• Regional Liquidity Management - covers regional aspects of liquidity risk management including liquidity analysis, Policy and framework reviews, Contingency Funding Plan, ILAAP and other regulatory requirements

The Liquidity management framework is applied on a Global basis and is used as the primary driver to determine the firm’s Funding Plan and associated Funds Transfer Pricing policy and approach.

The individual will be member of the Liquidity Stress Modelling team, supporting the development and enhancement of the firm’s liquidity stress models on Prime Brokerage and Secured Financing products. The individual will work closely with Businesses and Regional Liquidity Management across the globe.

• Oversee/ Lead the development of Prime Brokerage and Secured Financing stress testing models across global markets and investment banking products, including application of quantitative and qualitative techniques
• Establish model performance monitoring and periodic review of stress assumptions
• Evaluating liquidity risk through data analysis and business insights
• New Product liquidity impact modelling and sensitivity analysis
• Close partnership with Global Treasury team, in particular Regional Liquidity Management and Funds Transfer Pricing team
• Involvement in UAT and impact assessment of policy changes

Essential

• Bachelor degree in Economics, Mathematics, Engineering or equivalent field.
• Direct liquidity modelling experience on Prime Brokerage or Secured Financing products (Or have worked in Prime Brokerage business in the past)
• Investment banking product knowledge and understanding of their impact on Liquidity reporting
• Knowledge of liquidity best practices
• Control mindset
• Strong analytical/ numerical skills.
• Ability to influence across varying levels of seniority within Finance and the Global…