Job Title: RSK-Risk Methodology Group

Job Code: 13751

Country: IN

City: Mumbai

Skill Category: Risk

Description:

Division Overview:

The Risk Management Division encompasses the firms comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firms risk-return profile which ensures the efficient deployment of the firms capital. It is one of the firms core competencies and is independent of the trading areas and operational areas. The Risk Management Division in India comprises:

- Market Risk Management
- Credit Risk Management
- Quantitative Risk Management
- Operational Risk Management
- Data Integrity Group

Business Unit Overview:

The Risk Methodologies Group (RMG) has the mandate to develop / enhance risk models in line with internal and regulatory requirements, perform ongoing model performance and conduct SIMM/VaR back-testing. The methodologies side of the group has the critical task of owning all the risk models that are used for computing capital adequacy for the whole firm, used for internal regulatory reporting and thus ensuring they meet business and regulatory standards. RMG team comprises of five functions working on models covering Market Risk, Economic capital, Market and counterparty Stress Testing, FRTB and Model Performance & Monitoring under one umbrella.

Corporate Title

Associate

Functional Title

Associate / Senior Associate

Experience

4-6 years

Qualification

Specialized in Quantitative discipline (B.E/B. Tech+, M. Tech, MSc (Maths/Stats),



Econometrics)

Role & Responsibilities:

- Develop, review and implement advanced models for credit, market, event, and economic capital risk (VaR, IRC, tail risk) using sophisticated analytical and optimization techniques
- Execute end-to-end model lifecycle management: design, calibration, validation, performance monitoring, and maintenance ensuring accuracy, computational efficiency, and regulatory compliance
- Conduct quantitative analysis including add-on calculations, offline capital computations, and scenario modeling to support pre-trade decisions and optimize capital allocation
- Lead methodology projects encompassing model development, system migrations, prototype building, model performance and implementation of cutting-edge risk frameworks
- Build analytical tools and frameworks for offline calculation of economic and regulatory capital metrics
- Collaborate cross-functionally with Risk Managers, Risk IT, and validation teams throughout the model lifecycle

Domain

- 4-6 years of experience either in Market risk or Credit risk with good understanding of risk modelling.
- Valuable understanding of mathematical concepts like probability, statistics, calculus, linear algebra.
- Strong knowledge or hands-on experience in Python programming languages or any other OOP and GIT version control.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 RSK-Risk Methodology Group Professional (Mumbai)
🏢 Nomura
📍 Mumbai