Job Title: eTrading Strategist/Developer - VP/ED
JOB DESCRIPTION
Job title: E-Trading Strategist/Developer
Corporate Title: Vice President/Executive Director
Department: Global Markets Digital Office
Location: New York
Vice President- The pay range for this position at commencement of employment is expected to be between $225,000 and $250,000/ [year]
Executive Director - The pay range for this position at commencement of employment is expected to be between $275,000 and $300,000/ [year]
* (see below footnote for additional compensation and benefits information).
Company overview
Nomura is an Asia-based 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
Department overview:
We are a Rates focused eTrading Strats team, operating globally in London, New York and Tokyo. We are responsible for the development and operation of automated trading strategies, eBooks and pricing models across client and interdealer electronic venues.
Role Description
We are seeking an innovative and experienced eTrading Strategist / Developer to join our dynamic trading team. The ideal candidate will be joining our team building a best in class electronic trading platform across global Rates products.
You are a confident and self-motivating strat/developer with a solid understanding of electronic markets. You are client focused and are comfortable communicating with stakeholders across the bank. You are at home developing in a small self-organising team and value user feedback within an agile development process. You can manage expectations effectively and have a demonstrable track record of owning delivery of a high profile product to demanding business users. You are familiar with the Fixed Income markets, both cash and derivatives, and understand the value of an intuitive, robust and reliable eTrading systems to a trading desk.
Key Responsibilities:
- Develop sophisticated algorithmic trading strategies using quantitative methods and statistical analysis
- Implement and optimize execution algorithms to improve trading efficiency and reduce market impact
- Collaborate with quants, developers, and traders to translate trading ideas into production-ready code
- Monitor and evaluate the performance of trading strategies, making real-time adjustments as necessary
- Conduct research on new trading opportunities and market inefficiencies
- Develop and maintain relationships with electronic trading venues and liquidity providers
- Contribute to the firm's overall electronic trading infrastructure and technology stack
Required Experience:
- Degree in Computer Science, Mathematics, Physics, or a related quantitative field
- Minimum of 2 years of experience in electronic trading or a similar role in financial markets
- Strong programming skills in Java, with experience in low-latency environments
- In-depth understanding of market microstructure, order types, and exchange connectivity
- Excellent problem-solving skills and ability to work under pressure in a fast-paced environment
Preferred Experience:
- Experience with multiple asset classes (Rates, equities, futures, options, FX)
- Knowledge of market-making strategies and risk management techniques
- Familiarity with financial regulations (e.g., MiFID II, Reg NMS)
- Experience with distributed systems and cloud computing platforms
- KDB or other time series database
- Experience with high-frequency trading (HFT) and algorithmic execution strategies
Nomura Competencies
Explore Insights & Vision
- Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
Making Strategic Decisions
- Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
Inspire Entrepreneurship in People
- Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
Elevate Organizational Capability
- Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
Inclusion
- Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
*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 in the U.S., 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”.
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City