Stress Testing Implementation Associate

5 days ago

London, United Kingdom eFinancial Careers Full time

**Company Overview**

**Department Overview**

The Risk Management Department (the "Second Line of Defence") provides senior management with an independent view of the principal risks taken by individual business units. The Risk Department at Nomura is broadly organised into these groups: Market RiskManagement, Credit Risk Management, Stress Testing Group, Risk Change, Risk Methodology Group, and Model Validation Group.

Within the Risk Management Department, the Stress Testing Group (STG) facilitates the firm's overall stress testing objectives which can be summarised as follows;
- Perform stress testing at the firm-wide level across all risk classes (market, credit, operational, liquidity risks) as well as within risk class, counterparty, and trading book levels;
- Feed stress testing results into other business processes such as stressed revenues, capital planning, decision making and regulatory capital;
- Satisfy the regulators' scenario requests and other infrastructure and control requirements.

**Role Description**

The Stress Testing Group is in the middle of a strategic programme of improvements to the stress testing framework. In contributing to the implementation of the new operating model for Stress Testing, the role will involve, primarily, the implementationof scenarios in our Risk and Front Office systems through the use of scripting tools, testing those scenarios to verify that the desired shocks have been achieved, and producing evidence of this testing.

Additional responsibilities will include investigation of pricing errors and raising these with Front Office quants, developing and maintaining tools built in Python and VBA, raising issues with Risk IT and Front Office IT, discussing stress testing methodologywith the Risk Methodology Group, assisting Risk Managers with their requirements, contributing ideas for the improvement of processes and systems, testing of new IT development, updating manuals as required, and preparation of slides for the Scenario ImplementationForum of senior managers.

**Key Objectives Critical to Success**:

- Working with other team members and other teams (Risk, IT, Front Office quants) towards the implementation of the strategic operating model:

- Timely testing and implementation of stress testing scenarios
- Process improvement
- Develop and maintain tactical tools used in automation of scenario testing
- Help define strategic IT requirements
- Retirement of legacy stress testing system and testing incremental development of the replacement.

**Skills, experience, qualifications and knowledge required**:

- Batchelor's degree (or higher) in Maths, Economics, Finance, Physics or Engineering.
- 3 years or more experience in an Investment Bank, preferably in Risk Management or Trading, ideally in Stress Testing.
- Some understanding of economics, risk management measures and methodology, and financial products preferred. Active interest in current affairs, financial markets and their behaviour under varying economic conditions.
- Strong knowledge / experience in Python, VBA or equivalent language a must.
- Demonstrable ability and confidence to build relationships at all levels.
- Strong communication skills.
- Ability to work autonomously and to recognise when to implement recommendations or escalate issues.
- Tenacious, with strong organisational skills, ability to multi-task and to work under pressure, and flexible enough to switch between tasks or topics seamlessly.
- Confident enough to present in meetings, challenge people that are more senior, suggest ideas and improvements, and to reach out to unfamiliar people without first being introduced when necessary.
- Accurate, with excellent attention to detail
- Willingness to help out and get the job done, no matter whether it's attending meetings on behalf of a manager, producing slides or taking minutes.
- Good understanding or experience of Climate Change risk and Climate scenarios preferred.
- Experience of German risk management regulations and regulators preferred.
- Experience of ICAAP preferred.

**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 utilise 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

**Right to Work**

**Diversity & Inclusion**

Nomura is an equal opportunity employer. We value diversity and are c

  • Stress Testing Manager

    4 days ago

    London, United Kingdom Harnham Full time

    **Stress Testing Manager** **London** **Up to £100,000** An engaging and strategic role offering variety as well as the chance to develop a unique set of skills **THE COMPANY** A leading retail bank with an established credit risk team, looking for a stress testing manager to model credit scenario projections using the approved models, methodology and...

  • Stress Testing Analyst, Banking, London

    6 hours ago

    London, United Kingdom Corporate Recruitment Solutions Full time

    **About the Stress Testing Analyst, Banking, London role**: This is an exciting opportunity for a mid-level risk professional to join a dynamic and growing business in a newly created role, reporting to the Head of Stress Testing. The role offers a stimulating and varied environment focusing on identifying and articulatingmacro-economic and Bank-specific...

  • Stress Testing Manager

    6 hours ago

    London, United Kingdom Harnham Full time

    **Stress Testing Manager** **£75,00 - £95,000 + Benefits** **London (Hybrid)** **The Company** This manager position operates within the financial sector with one of the retail and commercial banks within the UK. Today they have over 5 million customers as well over 750,000 small business accounts. **The Role** As a Stress Testing Manager, you can...

  • Stress Testing Manager

    19 hours ago

    London, United Kingdom eFinancialCareers Full time

    Join us as a Stress Testing Manager - We'll look to you to model macroeconomic and climate change scenarios for stress testing and strategic planning purposes - Utilising your advanced technical skills and proven expertise in credit or financial modelling, you'll provide insights to deliver robust projections to regulators - This is an engaging and strategic...

  • Stress Testing Analyst

    1 month ago

    London, United Kingdom NatWest Full time

    Join us as a Stress Testing Analyst Take on a role in a high profile area of the bank, in which you’ll be modelling credit projections for stress testing, budget and financial planning You’ll gain excellent exposure in this role, as your work will be observed by executives and regulators and used for capital planning and strategy setting purposes ...

  • Quantitative Risk Analyst

    4 days ago

    London, United Kingdom Corporate Recruitment Solutions Full time

    **About theQuantitative Risk Analyst - Stress Testing -Banking, London role**: This is an exciting opportunity for a junior to intermediate-level professional to join the risk function in a dynamic and growing business, reporting to the Head of Stress Testing. What will the **Quantitative Risk Analyst - Stress Testing** be involved in? - (1) Regulatory...

  • Stress Testing Lead

    1 month ago

    London, Greater London, United Kingdom Just Group plc Full time

    Job DescriptionPurpose:To oversee stress and scenario testing across the Group to enable effective monitoring of risk exposure and support strategic decision making.Key Accountabilities:Lead the development of methodologies, tools, and processes for robust, flexible, and timely stress and scenario testing.Engage with senior management and the Board to ensure...

  • Stress Testing Analyst

    4 weeks ago

    City of London, Greater London, United Kingdom Natwest Full time

    Join us as a Stress Testing Analyst Take on a role in a high profile area of the bank, in which youll be modelling credit projections for stress testing, budget and financial planning Youll gain excellent exposure in this role, as your work will be observed by executives and regulators and used for capital planning and strategy setting purposes This...

  • Stress Testing Analyst

    4 weeks ago

    London, UK, United Kingdom NatWest Full time

    Join us as a Stress Testing AnalystTake on a role in a high profile area of the bank, in which you’ll be modelling credit projections for stress testing, budget and financial planningYou’ll gain excellent exposure in this role, as your work will be observed by executives and regulators and used for capital planning and strategy setting purposesThis...

  • Stress Testing Analyst

    1 month ago

    London, United Kingdom NatWest Full time

    Join us as a Stress Testing Analyst Take on a role in a high profile area of the bank, in which you’ll be modelling credit projections for stress testing, budget and financial planning You’ll gain excellent exposure in this role, as your work will be observed by executives and regulators and used for capital planning and strategy setting purposes ...

  • Stress Testing Manager

    4 weeks ago

    London, United Kingdom Bank of America Full time

    Job Description: Job Title: Stress Testing Manager Location: London Corporate Title: Vice President Company Overview: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities...

  • Stress Testing Manager

    4 weeks ago

    London, United Kingdom Bank of America Full time

    Job Description:Job Title: Stress Testing ManagerLocation: LondonCorporate Title: Vice PresidentCompany Overview:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and...

  • Head of Stress Testing

    4 weeks ago

    London, United Kingdom Wise Full time

    Wise is a global technology company, building the best way to move and manage the world’s money. Min fees. Max ease. Full speed. Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their life easier and save them money. As part of our team, you...

  • Svp Ccr Product Development

    20 hours ago

    London, United Kingdom eFinancialCareers Full time

    **Background** Given heightened expectations from regulators and a goal to build a strong and consistent global control environment, Citi continues to enhance its business governance framework and has created the Institutional Credit Management (ICM) group. ICM is a criticalcomponent of Citi's first line of defense for wholesale and counterparty credit risk...

  • Stress Testing Analyst

    7 days ago

    London, Greater London, United Kingdom Natwest Full time

    Job Description: As a Stress Testing Analyst, you will be responsible for delivering liquidity stress testing for our franchises and providing exposure to liquidity activities within Resolution. You will also advise the board regarding liquidity risk in various scenarios and gain excellent exposure and experience in the field of liquidity...

  • Stress Testing Modelling Quantitative Analyst

    3 days ago

    London, United Kingdom eFinancialCareers Full time

    Join us as a Stress Testing Modelling Quantitative Analyst - Take on a pivotal role in our Finance function, in which you will be modelling market and credit risk projections for the purpose of stress testing, capital planning and strategy setting using Machine Learning techniques, Monte Carlo methods and Econometricsmodels. - You'll enjoy extensive...

  • Stress Testing Modelling Manager

    7 hours ago

    London, United Kingdom Oliver James Full time

    I have an opportunity for a Stress Testing Modelling Manager to join a growing UK bank in the city. - Permanent role - Up to £75,000 + package - Hybrid working (50% office) Key responsibilities: - Develop models for credit risk and capital - Stress testing on ICAAP and IFRS 9 models - Support the development of a group data warehouse Person...

  • Liquidity Stress Testing Manager

    2 days ago

    London, United Kingdom NatWest Full time

    Join us as a Liquidity Stress Testing Manager Take on a new career challenge that will see you delivering liquidity stress testing for our franchises and includes exposure to liquidity activities within Resolution You'll be advising the board regarding liquidity risk in various scenarios, gaining excellent exposure It’s a key role, and the work you do...

  • Liquidity Stress Testing Manager

    1 month ago

    London, United Kingdom NatWest Full time

    Join us as a Liquidity Stress Testing ManagerTake on a new career challenge that will see you delivering liquidity stress testing for our franchises and includes exposure to liquidity activities within ResolutionYou'll be advising the board regarding liquidity risk in various scenarios, gaining excellent exposureIt’s a key role, and the work you do will...

  • Liquidity Stress Testing Manager

    1 month ago

    London, United Kingdom NatWest Full time

    Join us as a Liquidity Stress Testing ManagerTake on a new career challenge that will see you delivering liquidity stress testing for our franchises and includes exposure to liquidity activities within ResolutionYou'll be advising the board regarding liquidity risk in various scenarios, gaining excellent exposureIt’s a key role, and the work you do will...