Job Title:  Senior Associate or Vice President, Real Estate and ABS Solutions

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

Job Title:                      Real Estate Financing and ABS Solutions

Corporate Title:           Senior Associate or Vice President

Department:                 Global Markets Division

Location:                     London, UK

Department Overview

Nomura's Global Markets Division handles client transactions for financial institutions, corporates, governments and investment funds around the world. We act as market makers, trading in fixed income and equity securities, including currencies, interest rates and credit in cash, derivatives and structured products. We have taken market-leading positions across the globe by leveraging the strength of our talent, client relationships and technology.

By developing strong relationships with our client base through consistent interaction, independent advice and pre-eminent access to Asia, we have built a powerful global franchise across interest rates, currency and credit products. Our client services cover both high-volume flow products and carefully tailored structured solutions. We have adapted to the changing financial landscape to build a client centric focus differentiated by innovation, electronic and service excellence and market-leading derivatives capabilities.

Desk Overview:

The desk’s mandate broadly spans across jurisdictions, asset classes, formats and attach-detach points to provide a holistic financing proposition across the European Real Estate space, with a focus on value-add, concentrated RE risk. The desk’s remit and expertise allows it to position its risk taking and activities where it identifies the highest relative value propositions with a focus on identifying market opportunities which require creative solutions that do not necessarily fall within the standard boxes serviced by more industrialised competitors. Since its establishment, the desk has financed Real Estate across Europe in many forms, from leveraging acquisitions of secured NPL portfolios to financing liquidation plays, value-add transactions (e.g. refurbs, leasing plays, SLBs, operational turnaround, etc), CRE development, all the way to special situations and shorter secured bridges. The desk is also active in warehouse financings of RE-backed loans, typically across the bridging and development platform lending space. The financing solutions offered by the desk cut across the capital structure, with an ability to structure both senior and/or junior / subordinated structures when opportunities arise. The desk underwrites risk for the bank’s balance sheet and for distribution and has transacted in several jurisdictions and with a number of clients across Europe.

Key Role Activities

• Underwrite, structure and execute structured financings backed or secured by real estate, with focus on value-add CRE and development in select asset classes
• Research asset classes and markets relevant to potential or existing transactions to form trading views and inform transaction underwriting, structuring and risk management
• Coordinate transaction due diligence and execution work streams with third party advisers and legal counsels
• Model transactions throughout their lifecycles (origination, underwriting and post-closing)
• Work in partnership with our client coverage teams to identify and assess opportunities and contribute to transaction idea generation
• Prepare internal transaction approval memos and collaborate with credit risk and other control functions throughout transaction lifecycle

Role Requirements

• At least 3-5 years or equivalent of Real Estate Structured Finance underwriting experience in an investment bank or a buy-side outfit.
• Strong understanding of real estate / mortgage backed loans essential; relevant experience in Real Estate lending teams desireable
• Candidate should be able to demonstrate experience in RE-backed credit structuring, and comfort with loans documentation
• Strong quantitative and technical abilities including financial modelling and excellent attention to detail.
• Proven project management, analytical and credit skills. Ability to multi-task and efficiently manage a workload spanning across execution, asset management, and origination increasingly over time

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 creating an inclusive environment for all our employees.

We 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.