Job Title:  GM-Global Markets

Job Code:  8459
Country:  IN
City:  Mumbai
Skill Category:  Global Markets
Description: 

Nomura Overview:

 

Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant 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, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

Division Overview:

 

Global Markets Division in Powai, the front-office team, delivers pricing, modelling and risk management expertise to the Global Markets business. Founded as a center of excellence, the group leads the way in price discovery and portfolio optimization techniques and is integral to the business’ aggressive revenue targets. The team is playing an integral role in structuring, pricing, risk management and new idea generation. Global Markets Division comprises of the following teams: Structuring, Quantitative Investment Strategies, IWM, Securitized Products, BRM trading and GM Front Office Risk

 

 

Business Overview

Nomura’s Securitized products team provides clients with a range of service including flow trading liquidity, financing, bespoke solutions, in-depth market analysis, and unrivalled analytics. The team in Mumbai works with counterpart teams in EMEA and US. As a member of the team, you will be responsible for analysis, conducting research, developing models across asset classes, to help our desk. The team assists in identifying and valuing bond-specific opportunities in the Securitization market. The Mumbai team also prepares reports/presentations on the various macroeconomic and regulatory themes that impact the market thereby providing an evolution of the desk’s views regarding the same

 

 

Position Specifications:

 

Corporate Title

Associate

Functional Title

Associate

Experience

3-5 years of experience in Securitisation Market covering ABS/RMBS/CMBS in European or US markets

Qualification

Bachelor's or Master's degree (Good to have: CFA/FRM)

Requisition No.

 

 

 

 

 

 

Role & Responsibilities:

 

 

  • Analyze ABS collateral and deal structures and, where necessary, model cash-flows
  • Price ABS bonds for both client/desk trades 
  • Contribute towards highlighting / publishing trade ideas to Sales and Traders
  • Pre-trade modelling, monitoring, performance analysis
  • Maintain various databases, pricing tools and deal models tracking deal performance, issuance, and market/macro trends; Design queries to analyze loan- and deal-level performance.
  • Support Nomura Now web platform for ABS and contribute to weekly ABS strategy publications
  • Regular and ad-hoc data and news gathering for articles and desk support
  • Self-starter and ability to multi-task under pressure and meet various deadlines. Strong team player and a quick learner.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mind Set:

 

 

 

 

Key Skills:

  • Prior experience in US or EU Securitization market covering ABS/RMBS/CMBS sectors
  • Strong understanding of financial markets and investment concepts
  • Strong analytical and problem-solving skills
  • Excellent communication and collaboration skills
  • Creative problem solver; works well in a team
  • Basic programming skills in languages such as VBA/Python

      

General Competencies

  • Fast learner
  • Ability to work effectively as part of the team
  • Strong work ethics
  • Multitasking and ability to work with multicultural teams
  • Dependable and proactive.
  • Able to prioritize the workload and use time efficiently