Job Title:  GM-Trading

Job Code:  793
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 three business divisions: Retail, Asset 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.

 

Business Unit 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.

 

Global Markets Powai team is an extension of regional Global Markets teams supporting Rates, Credit, FX, Securitized Products and Equities. The division in Powai provides support for a range of activities like structuring, quantitative modelling, sales and trading support, pricing and balancing, product development, research and strategy.

 

In order to further support the EMEA ALF (Acquisition & Leveraged Finance) business, we are looking to hire at Associate level. The individual will be part of ALF desk that is set up in Global Markets Powai as an extended team of EMEA ALF desk. The team will work in close tandem with the EMEA ALF desk facing dynamic markets and aggressive deadlines.

Position Specifications:

 

Corporate Title

Associate

Functional Title

Associate

Experience

2-5 years

Qualification

Undergrad in top tier university/ CA

 

Role & Responsibilities:

 

Do you like assessing value and risk? Do you enjoy presenting and defending your view?  Can you formulate an opinion quickly and with less than 100% of the facts at hand?  Do you enjoy a fast-moving work environment?  Your responsibilities would include “owning” specific industry verticals and providing in-depth coverage on a universe of 10-12 individual credits.  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:

 

  • Assist the team in on-boarding and conducting review on existing sub-investment grade Risk Solution Group and ALF exposures.
  • Ongoing credit monitoring of the portfolio and providing regular update to all stakeholders on company performance.
  • Based on diligence finding and comparable analysis provide views on credit curve pricing.
  • Assist in conducting fundamental, bottom-up credit analysis and risk assessments of European credits, yet weave in and take account of the intangible effects of market technical factors.
  • Be conversant with the full breadth of the corporate capital structure, from deeply-subordinated mezzanine instruments to senior secured debt.
  • Remain current on market and commercial developments to help frame investment strategies.
  • Develop industry knowledge to anticipate cycles, secular trends, and structural changes in industries covered.
  • Assist the team in other daily tasks of the desk.

 

 

Key Skills:

 

The role would be highly interactive with both the sales and trading desks.   

 

 

 

Mandatory

Desired

Domain

  • A strong commercial mentality with an entrepreneurial bias, a willingness to learn and an obsession with detail.
  • Inquisitive, independent thinking, an ability to constructively challenge others’ viewpoints, and accept constructive challenge of their own.
  • Highly model-literate with an engaging, outgoing personality.  
  • An ability to collaborate internally across teams within Global Markets and across divisions.
  • The highest standards of professional ethics, leading by example to sustain Nomura’s culture.
  • Proactive, self-motivated and result-focused
  • Excellent communication and presentation skills with an ability to assess information and make timely recommendations.

 

  • Previous experience/education in accounting/financial analysis, e.g. the holder of a relevant degree or a recognized accountancy qualification and preferably a professional industry qualification such as CFA or FRM
  • Possess 0-2 years' experience in a corporate finance, leveraged finance or strategy role, preferably with some exposure to European high yield markets or borrowers.
  • Experienced at analysing economic and market data, industry trends, issuer credit quality and security characteristics to support investment decisions.
  •  

 

Technical

  • Proficiency in MS Excel & MS PowerPoint
  • Working knowledge of Bloomberg