Global Markets – Structured Products – Analyst/Associate

Nomura 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.

Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Division Overview:

The Wholesale division within Nomura provides capital raising and advisory services, structuring, sales and trading of global securities, and distinctive investment research to global corporations, governments and financial institutions. Wholesale's mission is to be Asia's global investment bank, with depth at home complemented by a solid global platform.

Our business is client-centric and focused on markets and segments where we know we can add value. We aim to be globally competitive, delivering sustainable profits in those areas in which we choose to compete. Our offering is innovation- and knowledge-led, delivered in a "one firm" manner.

Business Unit Overview:

Structured Credit/Rates Trading is an extension of regional Global Markets teams supporting Equities, Securitized Products, Rates, FX, and Credit. The division in Powai provides support for a range of activities like research, quantitative modelling, sales and trading support, pricing and balancing, product development and strategy. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

In order to further support the Structured Trading business, we are looking to hire at Analyst level. The individual will be part of Global Markets Powai Structured Trading team that works closely with Trading, Sales and Structuring functions dealing primarily with EMEA and US regions. Founded as a center of excellence, the group leads the way in price discovery and portfolio analysis/optimization techniques and is integral to the business’ aggressive revenue targets. The team focuses on pricing, modelling, position-keeping, market tracking and trade-idea generation.

Position Specifications:

Corporate Title :

Functional Title:

Experience:

Qualification:

Role & Responsibilities:

Do you like assessing value and risk? Do you enjoy presenting and defending your view? Do you enjoy a fast-moving work environment? This is a role where you can expect to be stretched professionally but will enjoy broad exposure and learn a great deal. We’re looking for someone like that who can:

• Work in close tandem with global trading desks facing dynamic markets and aggressive deadlines.
• Gain knowledge of the relevant global financial products and models developed by business.
• Answering client requests, which range from data requests to designing and implementing bespoke models.
• Perform trade modelling, strategy selection, and performance analysis.
• Build-up on infrastructure to implement new models as well as maintain the existing infrastructure.
• Work closely with sales, traders and structurers to enable new trades to be executed, post trade analysis, position keeping.
• Convert financial market knowledge into understandable investment opinions and make relative value recommendations.
• Remain current on market and commercial developments to help frame investment strategies.
• Helping senior management to prepare pitches for internal Investment committees, management packs.

Mind Set:

Domain

• Strong analytical and problem solving skills
• A strong commercial mentality with an entrepreneurial bias, a willingness to learn and an obsession with detail.
• Good written and oral communication skills, skills with an ability to assess information and make timely recommendations.
• An ability to collaborate internally across teams within Global Markets and across divisions.
• Proactive, self-motivated and result-focused
• The highest standards of professional ethics, leading by example to sustain Nomura’s culture.
• Comfortable with databases/datasets and using technology to solve challenging problems.
• Previous experience/education in credit derivatives and financial analysis, preferably a professional industry qualification such as CFA or FRM
• Experience at analysing economic and market data, industry trends, issuer credit quality and security characteristics to support investment decisions.
• Basic understanding of numerical techniques and models used in derivative pricing and greeks.
• Knowledge and understanding of greeks, market risks, credit risks, derivative valuation.

Technical

• Proficiency in MS Excel, VBA, Python
• Working knowledge of Bloomberg