Join Our Team as a Vice President, Pricing Models Quantitative Specialist at Nomura

Corporate Title: Vice President

Department: Internal Audit

Salary: The starting salary for this position ranges from $190K to $220K per year, with variations based on experience, location, and other factors.*

Company Overview

Nomura is a prestigious global financial services group with an expansive network in over 30 countries. Since our inception in 1925, we have dedicated ourselves to connecting markets in the East and West, providing top-tier services to individuals, institutions, corporates, and governments. Our operations are spread across three main divisions: Retail, Wholesale (encompassing Global Markets and Investment Banking), and Investment Management. Discover more about our tradition of disciplined entrepreneurship and innovative solutions at .

Why Nomura?

Ranked #1 in Aon’s Benefit Index®, Nomura offers leading competitive benefits in the industry, reflecting our commitment to our employees' success and well-being.

Department Overview

Our Internal Audit department plays a crucial role in maintaining robust corporate governance. With over 30 skilled professionals in the US alone, our team is dedicated to evaluating the control environment and enhancing our company's integrity and efficiency.

Role Description

The Vice President, Pricing Models Quantitative Specialist, occupies a specialist role in Model Risk Audit within Nomura Internal Audit. This global position reports directly to the Global Head of Model Risk Audit and incidentally to the Regional Risk Management Audit Head. Your responsibilities will include leading assessments of the firm’s pricing model risks across various regions including New York, London, Singapore, and Tokyo, among others.

Key Responsibilities

• Evaluate front office pricing model development processes against industry and regulatory standards.
• Monitor and assess the adequacy of model usage and performance.
• Review the robustness of model validation processes.
• Ensure compliance with key regulatory standards such as SR 11-7, JFSA, and others.
• Collaborate globally and regionally within internal audit teams to provide advisory and auditing support.
• Drive continuous improvement through innovative data analytics and automated testing initiatives.
• Formulate and roll out solutions to enhance Model Risk management practices.

Skills and Experience Required

Prospective candidates should possess a Master’s or PhD in quantitative sciences coupled with extensive experience in risk management within a financial services, consulting, or Big 4 firm. Proficiency in Python, strong project management skills, and a solid understanding of quantitative finance principles are essential. Relevant experience in risk management derivative products across various asset classes is highly advantageous.

Nomura is committed to inclusivity and is proud to be an Equal Opportunity Employer. This position is 'at-will', and employment terms may be adjusted based on company or individual performance and market conditions.

We look forward to considering your application to help us continue to lead and innovate in the financial sector.

*Note: Specific details regarding the compensation package, including bonuses and benefits, will be provided upon receipt of employment offer.