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NomuraPowaiGraduateClosed
2026 Risk Management Full-Time Analyst Program - Risk Methodology - Powai
Join Nomura's 2026 Risk Management Full-Time Analyst Program in Powai, Mumbai, focusing on risk methodology and model development for regulatory compliance and capital adequacy.
1
Role & Responsibilities
- Develop and review risk models for credit, market, and economic capital.
- Perform firm-wide and desk-level analysis for new regulations like FRTB.
- Conduct daily backtesting of internal VaR models across product classes.
- Monitor and report on SIMM model performance and exceptions.
- Implement risk models into strategic risk systems and automate processes.
2
Team & Business Overview
- Risk Methodologies Group develops and enhances risk models for regulatory and internal use.
- Group covers Market Risk, Economic Capital, Stress Testing, FRTB, and Model Monitoring.
- Risk Management Division manages firm's overall risk appetite and capital deployment.
- Division is independent from trading and operational areas.
- Nomura Services India supports global operations with risk management expertise.
3
Candidate Requirements
- Masters in quantitative discipline (Maths, Stats, Econometrics, Engineering).
- 0-2 years experience in market or credit risk with risk modeling knowledge.
- Strong mathematical background in probability, statistics, calculus, linear algebra.
- Proficiency in programming languages like Python, SQL, VBA.
- Understanding of asset classes and derivative products.
4
Mindset & Skills
- Analytical and quantitative problem-solving skills.
- Good programming inclination, especially in Python.
- Ability to work on regulatory capital models and quantitative impact studies.
- Strong communication and documentation skills using tools like Gitlab.
- Commitment to continuous learning and leadership development.