Job Title:  GM-Quants

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.

Divisional Overview:

Global Markets Powai team is an extension of regional Global Markets teams supporting Securitized Products, Rates, FX, Credit and Equities. 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. Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

Business Overview:

Algo Strategies team (Mumbai) is a part of the Global Quants team which is spread across London, New York, Singapore and Mumbai. The Mumbai team consists of people with highly numerate backgrounds such as B.Techs, M.Techs in electrical engineering, computer science engineering, Masters or PhDs in Statistics, Maths, Quantitative Finance and Physics. All members of the team are proficient in some programming language.

Algo team is involved in developing systematic trading strategies and execution algorithms by applying mathematical and statistical methods to predict the likely future outcomes of financial markets. One of the aims of the team is to develop market making, auto hedging and alpha generating strategies across asset classes.

Also, the team supports various index structuring business verticals and directly works with traders and structurers on developing index calculators and scripting new indexes for various asset classes (Rates, FX, commodities, Credit) in the proprietary Reflex platform

In addition, the team is involved in derivative pricing and modelling of bond/bond derivatives.

Position Specifications:

Role & Responsibilities:

We are looking to hire quants to work on our algorithmic trading platform for Equities. This position is for talented programmers with experience in e-trading business and related fields with an inquisitive spirit and extensively contribute to digital transformation of the businesses of the investment bank.

The role involves -

• Guiding models through the entire development lifecycle including back testing, preparing high quality documentation, and driving the models through the internal model review and approval process
• Overseeing the ongoing performance of deployed models through reactive and proactive support, monitoring and reporting
• Develop analytics to assist in smarter risk management of the trading books
• Lay out a formal architecture around which a lot of the tools can be built
• The individual will work very closely with traders across various markets to build a wide spectrum of tools.
• Engineering innovation solutions using a variety of approaches such as time-series forecasting predictive modelling, cluster analysis, dimensionality reduction etc.
• Develop and manage quantitative analytics to identify the market dislocations and trading opportunities in equities markets.

Mind Set:

The firm is an equal opportunity employer, and we are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. The firm and its affiliates prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.