Job Title: Trader

Job Code: 10424

Country: IN

City: Mumbai

Skill Category: Global Markets

Description:

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:

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.

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 Asia, EMEA and US. As a member of the team, you will be responsible for analysis, conducting research, 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	Analyst
Functional Title	Analyst
Experience	0-1 years of experience preferably in Securitisation Market covering ABS/RMBS/CMBS in European or US markets
Qualification	Bachelor's or Master's degree (Good to have: CFA/FRM)

Role & Responsibilities:

Support trading and structuring activities across various securitized products asset classes including MBS, ABS, and CMBS
Analyse ABS collateral and deal structures and, where necessary, model cash-flows
Assist in pre-trade analysis, deal execution and transaction monitoring
Collaborate with sales, trading, and technology teams to enhance existing processes
Help trading and sales desks in client presentations and market research initiatives
Maintain various databases, pricing tools and deal models tracking deal performance, issuance, and market/macro trends; Design queries to analyse loan- and deal-level performance.
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

2+ years of work experience as a data analyst or programmer
2+ year of knowledge of Database SQL including skills including queries and stored procedures
2+ years of Python/R
Knowledge of Tableau or similar visual analytics platform is a plus

General Competencies

Fast learner and Enthusiastic to learn about Securitized Products
Ability to work independently and as part of a team
Self-motivated and proactive with a positive attitude and strong work ethic
Able to prioritize the workload and use time efficiently
Demonstrated experience in handling large datasets including data cleansing, data ingestion, validation and normalization.
Strong data presentation and visualization skills

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We 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.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.