Job Title: ETF Capital Markets Specialist
Corporate Title: Associate
Department: Active ETF
The pay range for this position at commencement of employment is expected to be between $120,000 and $150,000/year* (see below footnote for additional compensation and benefits information).
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 a 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
Division Overview: NAM International
The international business brings together a legacy of investing in public and private markets on a global scale. Through active management, we deliver differentiated and innovative solutions across equities, fixed income, multi-asset, and private credit supported by a team of disciplined and tenured investment professionals. Building upon Nomura’s century long heritage, our teams are responsible stewards of clients’ capital. We approach everything we do with accountability, curiosity, and integrity to help clients across wealth and institutional channels navigate an ever-changing market, capture opportunities around the world, and reach long-term investment goals.
Role Description:
The ETF Capital Markets team at Nomura Asset Management International is a dynamic, highly engaged group that plays a critical role in all aspects of ETF construction, management, and distribution. As part of our ETF Capital Markets team, you will collaborate with diverse groups across the firm and manage relationships with key ecosystem partners. You will work alongside various stakeholders to support our expanding suite of ETFs, ensuring operational excellence in design, delivery, and ongoing evolution of our ETF capital markets function. This role offers direct exposure to authorized participants, market makers, and exchanges while contributing to secondary market quality through both quantitative analysis and relationship management.
In this role, you will provide:
- Relationship Support: Assist in managing market maker and authorized participant relationships, supporting cultivation of new partnerships under senior guidance
- Trading Operations: Support platform relationships and daily ETF management activities related to spreads, liquidity, and execution quality
- Market Quality Monitoring: Monitor ETF market quality metrics including volume, primary flows, premiums/discounts, and short interest
- Internal Collaboration: Work with internal stakeholders including Portfolio Management, Operations, and Trading to ensure operational excellence in ETF design and execution
- Client Support: Assist clients with ETF trading execution guidance and provide education on ETF liquidity and trading strategies
- Process Development: Support development and enhancement of internal ETF tools, processes, and monitoring capabilities
- Regulatory Awareness: Monitor regulatory and market structure changes to ensure alignment with industry standards
- Education & Analysis: Contribute to internal ETF education initiatives and assist in analytical projects supporting the team's strategic objectives
- Seed Management: Assist in seed capital management and new product launch activities
Skills, experience, qualifications and knowledge required:
- Bachelor's degree in Finance, Economics, Business, or related area of study
- 3-7+ years of experience in ETF capital markets, trading, market making, or related field with solid understanding of ETF structure and trading workflows
- Understanding of ETF fundamentals and factors that drive pricing and liquidity across equity, fixed-income, and derivatives markets
- Knowledge of ETF creation/redemption mechanisms and primary/secondary market dynamics
- Strong analytical and problem-solving abilities with experience using market surveillance tools and trading platforms
- Excellent communication skills with ability to translate complex concepts for diverse audiences
- Extensive experience working with Bloomberg terminal and other financial market data systems; experience with Aladdin platform is a plus
- Demonstrated ability to build professional relationships and work collaboratively across teams
- Series 7 & 63 licenses required (or ability to obtain within 90 days)
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, discretionary awards and eligibility for commissions for applicable sales roles 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”.
Nomura is an Equal Opportunity Employer
Nearest Major Market: Philadelphia