Head of Liquidity Stress Modelling (Executive Director)

Job title: Head of Liquidity Stress ModellingCorporate Title: Executive DirectorDepartment: FinanceLocation: LondonCompany overviewNomura 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 .Department overview:Treasury, as a department within the Finance division, operates across the four divisions of the Firm (Wholesale, Wealth Management, Investment Management and Banking) with responsibility for management of all aspects of liquidity and funding in accordance with Board-delegated mandate and regulatory liquidity requirements.The Treasury department comprises three core functions: Liquidity Management, Funding & Investments, and Treasury Data & Reporting.Within the Liquidity Management function, the Liquidity Stress Modelling team owns the global stress testing framework for all scenarios (LCR/NSFR, internal management, resolution planning); conducts model development, validation, and back-testing; leads regulatory engagement on methodology; informs the Funding Plan, FTP allocations, and ILAAP submissionsRole description:Senior leadership role owning Nomura's global liquidity stress testing framework, covering all regulatory and internal scenarios. Primary regulatory interface on stress methodology and key advisor to Treasury leadership.Core ResponsibilitiesStrategic Framework & MethodologyOwn and enhance global liquidity stress testing framework across all scenariosDefine methodology and governance standards organization-wideDrive innovation incorporating emerging risks and market lessonsEnsure alignment with regulatory requirements and business needsModel Development & GovernanceOversee development, validation, and back-testing of complex liquidity stress models across all asset classesMaintain rigorous performance monitoring and review cyclesEnsure models meet internal and regulatory standardsAssess liquidity impacts for new products and initiativesRegulatory & Stakeholder EngagementPrimary subject matter expert for regulatory interactions and ILAAP submissionsAnticipate and interpret emerging regulatory expectations across jurisdictionsPresent to senior management, Risk Committees, and BoardPartner with Regional Liquidity, Reporting, Funding, ALM, and FTP teamsTeam LeadershipLead global team of ~7 specialists across London, New York, and MumbaiFoster high-performance culture focused on analytical rigor and innovationBuild capabilities through training, knowledge sharing, and strategic hiringPromote cross-regional collaboration and consistent methodologyBusiness PartnershipTrusted advisor to Global Head of Liquidity Management on stress insightsInfluence senior stakeholders across Finance, Risk, and BusinessTranslate complex analysis into strategic recommendationsDrive consensus on methodology changesFTP & Resource OptimizationCollaborate on liquidity-driven pricing allocationsInform business decisions on product pricing and resource allocationOptimize firm's liquidity resources through scenario planningSkills, experience, qualifications and knowledge required:Deep experience in liquidity risk management at major financial institutions, including stress testing, modelling, regulatory frameworks (LCR, NSFR, ILAAP), and direct regulator engagementComprehensive understanding of Global Markets products and their liquidity risk characteristics, coupled with Funds Transfer Pricing mechanismsAdvanced skills in model development, validation, governance, back-testing, statistical modeling, and scenario analysis with large, complex datasetsExpert use of programming languages (Python, SQL, R) and visualization/analytics platforms (Tableau, Power BI, Alteryx)Proven ability to inspire, develop, and manage high-performing teams across multiple geographies while delivering strategic initiatives in complex organizationsExceptional skills in influencing senior leadership, building consensus across diverse groups, and managing relationships in matrix environmentsConfident articulator of complex technical concepts to varied audiences (technical and non-technical) at all organizational levels, balancing long-term vision with near-term executionStrong control mindset with meticulous attention to detail, accuracy, and ability to deliver under pressure while meeting tight regulatory and management deadlinesIntellectually curious with commitment to ongoing learning, innovation, and best practice adoptionStrong advocate for challenge, escalation, and respect; actively fosters robust risk culture within teams and broader organizationBachelor's degree in Economics, Mathematics, Engineering, Finance, or equivalent quantitative field (Master's degree, CFA, or FRM preferred)Nomura competenciesExplore Insights & VisionIdentify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.Making Strategic DecisionsEvaluate all the options for resolving the problems and effectively prioritize actions or recommendations.Inspire Entrepreneurship in PeopleInspire team members through effective communication of ideas and motivate them to actively enhance productivity.Elevate Organizational CapabilityEngage 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 WorkThe 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