Job Title:  Whole Loan Trader

Corporate Title: Vice President

Department: GM

Location: New York

The pay range for this position at commencement of employment is expected to be between $225,000 and $250,000 per year

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 tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

Department Overview

The Whole Loan Trading department is responsible for the acquisition, sale, and management of whole loan portfolios across various asset classes, including residential, commercial, consumer, and specialty finance loans. Our team plays a critical role in optimizing portfolio performance, managing risk, and maximizing returns through strategic trading, market intelligence, and relationship management.

We work closely with loan originators, institutional investors, banks, hedge funds, private equity firms, and servicers to source, evaluate, and execute whole loan transactions. By leveraging deep market expertise, data-driven analytics, and innovative trading strategies, our department ensures seamless execution of trades while maintaining compliance with industry regulations and internal risk management policies.

Role Description

We are seeking an experienced Whole Loan Trader to join our team. The ideal candidate will be responsible for sourcing, analyzing, pricing, and executing trades of whole loan portfolios across various asset classes, including residential and commercial loans. This role requires strong analytical skills, deep market knowledge, and the ability to build and maintain relationships with counterparties, investors, and financial institutions.

Job Duties

• Loan Trading & Execution: Identify, evaluate, and execute whole loan transactions, ensuring competitive pricing and optimal risk-adjusted returns.

• Market Analysis: Monitor market trends, pricing dynamics, and regulatory changes to inform trading strategies.

• Due Diligence: Conduct thorough credit, collateral, and performance analysis of loan portfolios.

• Risk Management: Assess and mitigate risks associated with loan acquisitions and sales.

• Relationship Management: Develop and maintain relationships with originators, servicers, institutional investors, and other market participants.

• Financial Modeling: Utilize financial models and data analytics to support trade decisions and optimize portfolio performance.

• Deal Structuring: Negotiate terms, pricing, and contract agreements with counterparties.

• Regulatory Compliance: Ensure adherence to relevant industry regulations and company policies.

Skills, Experience, Qualifications and Knowledge Required

• Bachelor's degree in Finance, Economics, Business, or a related field (MBA or CFA preferred).

• 3+ years of experience in whole loan trading, mortgage banking, or structured finance.

• Strong understanding of mortgage products, credit underwriting, and loan performance analytics.

• Proficiency in financial modeling, data analysis, and valuation methodologies.

• Excellent negotiation and communication skills.

• Ability to work independently and collaboratively in a fast-paced environment

• Experience with secondary market loan sales and purchases.

• Knowledge of mortgage-backed securities (MBS) and structured products.

• Familiarity with loan origination, servicing, and asset management processes

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.

Nomura is an Equal Opportunity Employer