Job Title:  RSK-Stress Testing Group

Nomura Overview:
Nomura is an Asia-based financial services group with an integrated global network spanning over 30
countries. By connecting markets East & West, Nomura services the needs of individuals, institutions,
corporates and governments through its three business divisions: Retail, Asset 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.
Nomura Services India, (Powai) supports Nomura’s businesses around the world. Powai’ s world class
capabilities in trading support, research, information technology, financial control, operations, risk
management and legal support have played a key role in facilitating Nomura’s global operations and
are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the
platform to support the growth of Nomura’s global business.
Divisional Overview:
Risk Management Division in Powai has the following functions – Credit risk, Market risk, Financing
Risk , Stress Testing, MVG (Model Validation Group) and RMG (Risk Methodology Group)

Position Specifications:

Experience 3 – 5 years
Qualification Bachelors or Masters with finance/ statistics/engineering/math/science
from a reputed institute

Roles and Responsibilities:

 Stress testing primary purpose is to ensure that all material risk concentrations are understood
and consistent with the Firms risk appetite and business strategy
 Stress testing is carried out on a regular basis to ensure that the Firm has sufficient resources
to continue to do business in the event of a severe downturn scenario beyond the reach of
VaR/Economic Capital
 Analysis and review of scenario results, focusing on understanding behaviour of derivative
products under scenario conditions
 Scenario definition and expansion
 Implementing improvements to stress testing reporting information and developing new stress
tests in order to provide effective key risk management information to senior management
 Working with front office and other risk managers to review current portfolio risks and trading
strategies in order to develop new scenarios / improve current scenarios to fully address
market risks
 Overall consolidation Reporting: monthly / quarterly to senior management and regulators

Key Skills required:

Mandatory
 Knowledge of Derivatives products
(including exotics) Markets, Economics
 3 - 5 years of experience in Market
Risk/Stress testing, preferably on the
fixed income side on trading/risk
management
 Masters (MBA preferred) from a
reputed institution
 Excellent oral and written
communication skills

Desired
 Some experience in programming
such as Excel VBA, R, Python