Prime Brokerage Liquidity Stress Modelling Specialist (Vice President)

LGBT Great; City of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial services firm in London is seeking a Prime Brokerage Liquidity Stress Modelling Specialist to lead the development of liquidity stress testing models across global markets. The role requires direct liquidity modelling experience and strong analytical skills, along with proficiency in tools like Python and Excel. This is an excellent opportunity for candidates who have a background in investment banking and a passion for quantitative finance.

Qualifications

• Direct liquidity modelling experience on Prime Brokerage or Secured Financing products.
• Strong analytical/numerical skills.
• Bachelor degree in Economics, Mathematics, Engineering or equivalent field.

Responsibilities

• Oversee the development of stress testing models across global markets.
• Evaluate liquidity risk through data analysis and business insights.
• Establish model performance monitoring and periodic review of stress assumptions.

Skills

Direct liquidity modelling experience on Prime Brokerage or Secured Financing products

Strong analytical/ numerical skills

Ability to influence across varying levels of seniority

Impactful personality with strong interpersonal skills

Good IT Literacy with advanced Excel/Data Analysis skills

Education

Bachelor degree in Economics, Mathematics, Engineering or equivalent field

Tools

Python

Alteryx

Tableau

Power BI

Job description

Job Title: Prime Brokerage Liquidity Stress Modelling Specialist

Corporate Title: Vice President
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.
• Asset Liability Management – managing risks arising from mismatches between assets and liabilities.

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 on Prime Brokerage and Secured Financing products. The individual will work closely with Businesses and Regional Liquidity Management across the globe.

Key objectives critical to success

• Oversee/ Lead the development of Prime Brokerage and Secured Financing stress testing models across global markets and investment banking products, including application of quantitative and qualitative techniques
• Establish model performance monitoring and periodic review of stress assumptions
• Evaluating liquidity risk through data analysis and business insights
• New Product liquidity impact modelling and sensitivity analysis
• Close partnership with Global Treasury team, in particular Regional Liquidity Management and Funds Transfer Pricing team
• Involvement in UAT and impact assessment of policy changes

Skills, experience, qualifications and knowledge required

• Bachelor degree in Economics, Mathematics, Engineering or equivalent field.
• Direct liquidity modelling experience on Prime Brokerage or Secured Financing products (Or have worked in Prime Brokerage business in the past)
• Investment banking product knowledge and understanding of their impact on Liquidity reporting
• Knowledge of liquidity best practices
• Control mindset
• 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

Explore Insights & Vision

• Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions

• Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People

• Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability

• Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
  

Right to Work

The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.

Diversity & Inclusion

Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex 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.

Nomura is an Equal Opportunity Employer