RSK-Model Validation Group

Nomura • Mumbai, IN

83d

About The Position

The Global Business Manager will play a central role in overseeing global operational activities and supporting the delivery of strategic initiatives within the Model Risk function. This role requires a proactive and solutions-oriented individual who can work across regions, collaborate with senior stakeholders, and manage both strategic projects and day-to-day business operations. The successful candidate will be highly organised, detail-oriented, and able to challenge and influence senior stakeholders.

Requirements

• Strong background in business management, risk management, or financial services operations, preferably within a Model Risk or Risk Management function.
• Excellent communication and influencing skills, with experience engaging senior stakeholders, regulators, and cross-functional teams.
• Analytical mindset with the ability to prepare clear and impactful presentations and recommendations.
• Detail-oriented, proactive, and capable of identifying operational efficiencies and control enhancements.
• Knowledge of model risk processes, governance, or risk frameworks (desirable).
• Familiarity with audit, compliance, and regulatory engagement processes.

Nice To Haves

• Strong project management skills with the ability to deliver multiple initiatives simultaneously.
• Experience using Risk Management tools such as model inventory, RCSA etc.

Responsibilities

• Act as the primary business manager for the Global Model Risk function, ensuring smooth delivery of day-to-day operations and execution of strategic priorities.
• Manage budgets, expenses, invoices, purchase orders, and vendor contracts (including due diligence, service-level reviews, vendor risk management and consultant onboarding).
• Support recruitment and talent processes by liaising with HR on job specifications, interview coordination, and pipeline management.
• Oversee onboarding for new joiners and contractors, ensuring system access, IT setup, and business integration.
• Maintain and update organisational charts and inter-departmental/Legal Entity SLAs, ensuring alignment and audit-readiness.
• Own and regularly update the department's Business Continuity Plans (BCPs).
• Represent Model Risk in internal governance and risk forums (e.g. Risk Working Groups, Operational Risk & Control forums, Information Security/Framework discussions).
• Act as End User Computing (EUC) Coordinator for Model Risk, ensuring compliance with heightened standards, supporting adoption of new tools, and attending working groups.
• Coordinate and maintain the function's Risk and Control Self-Assessment (RCSA) register, ensuring risks/controls are accurately captured.
• Liaise with Internal Audit (IA) and update systems (e.g., Connected Risk), ensuring timely responses to reviews.
• Support and prepare for internal/external audits, regulatory reviews, and other oversight functions.
• Support the Head of Model Risk Governance and the Head of Model Risk Management in designing, implementing, and optimising the Target Operating Model for Model Risk Management.
• Provide project management support across global initiatives, including resource allocation, milestone tracking, and executive reporting.
• Lead specific departmental initiatives (e.g., clean-up of legacy systems, email groups, confluence, streamlining of reporting obligations, efficiency improvements).
• Support decision-making through preparation of high-quality analysis, reporting, and presentations for senior management, regulators, and forums.
• Coordinate departmental contributions to wider firm initiatives (e.g., budget submissions, planning processes, regulatory requests).

Benefits

• We support employee wellbeing by ensuring a sense of purpose and belonging.
• We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
• Our bespoke benefits support employees and their family's holistic wellbeing and are inclusive of diverse identities and family structures.

What This Job Offers

• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees