Job Title:  Liquidity Stress Testing Manager- Contract

Job Code:  6430
Country:  GB
City:  London
Skill Category:  Finance
Description: 

Job title:               Liquidity Stress Testing Manager- Contract    
Corporate Title:    Contractor
Department:         EMEA Treasury
Location:              London

 

Company overview
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 www.nomura.com 

 

Department overview:
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-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.

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


Role description:
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. The individual will work closely with Businesses and Regional Liquidity Management across the globe. 

Key objectives critical to success:
    Develop stress testing models across global markets and investment banking products, including application of quantitative and qualitative techniques
    Establish and perform model performance monitoring and periodic review of stress assumptions
    Evaluating liquidity risk through data analysis and business insights
    New Product liquidity impact modelling
    Close partnership with Global Treasury team, in particular Regional Liquidity Management
    Involvement in UAT and impact analysis assessment of policy changes 


Skills, experience, qualifications and knowledge required:
Essential
    Bachelor degree in Economics, Mathematics, Engineering or equivalent field.
    Minimum 7 years working experience – with experience in Treasury or Liquidity Risk
    Investment banking product knowledge and understanding of their impact on Liquidity reporting
    Knowledge of liquidity best practices 
    Strong analytical/ numerical skills.
    Ability to influence across varying levels of seniority within Finance and the Global Markets Division.
    Impactful personality with strong interpersonal and communication skills.
    Good IT Literacy, with a strong Excel/ Data Analysis skillset and experience with tools/programming languages such as Python, Alteryx, Tableau and Power BI.
    Results focused in a pressurised environment with tight deadlines


Nomura competencies
Trusted Partner
    Understand clients’ needs and issues, and respond with high-quality proposals 
    Acquire capabilities to perform one’s responsibilities and contribute to being a Trusted Partner 
Entrepreneurial leadership 
    Produce new ideas that might challenge the status-quo or oneself
Teamwork 
Collaboration
    Seek advice from senior colleagues and utilize it for improved results 
    Collaborate with members from relevant departments 
Influence
    Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others
    Serve as role model and provide guidance to junior employees
Integrity 
    Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly


Diversity Statement: 
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.

 

Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.
Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment.  A member of staff will be happy to help.