Job Details
Corporate Title: Vice President
Department: Finance IPV
The pay range for this position at commencement of employment is expected to be between $145K and $200K/year*
Company overview
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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
Department Overview:
The Independent Product Valuations (IPV) Group within the Finance department is primarily responsible for ensuring the appropriate mark to market of trading positions on the firm's books and records. The group sets independent pricing and valuation adjustment policies, executes and generates results, then communicates the results with various stakeholders to remediate and prevent issues on an ongoing basis. The team interacts closely with other parts of the firm including Trading, Risk Management, Model Validation and Product Control.
Role Description / Areas of responsibility:
- Full-time Fixed Income and Securitized Products Specialist covering the independent price verification for securities underlying financing trades in the US Global Markets portfolio
- The Specialist will work to independently verify desk and other external prices for an extensive array of cash products, with a concentration in Securitized Products, Asset Backed Securities, Corporate and Government bonds
- Primary responsibilities include month-end testing and review of positions; building and modifying existing tools for pricing, reviewing new deals, improving existing methodologies and implementing new ones as well as ad hoc pricing projects. The candidate will also liaise with senior management, trading, risk, product control, model validation and other internal and external stakeholders
- Additional duties involve preparing a monthly summary report for senior management and conducting monthly valuation meetings where this information is presented. The role will also involve in-depth research of certain highly-technical subjects relevant to supporting the trading business
Skills, experience, qualifications and knowledge required - In depth knowledge of Securitized Products and Credit with a strong understanding of pricing methodologies for these products
- Familiarity financing positions (e.g. Repos, Reverse Repos, TRS)
- Quantitative and intuitive thinking, analytical skills, and effective communication are vital to this role
- Bachelor's Degree in a quantitative field
- Minimum of 5 years of direct experience with securitized products and/or financing transactions is strongly preferred
- Knowledge of Programming, Alteryx, PowerBI and/or other data science, analytics, business intelligence solutions platforms is a plus
- Transformational and creative mind-set, with a target focus on challenging the status quo from the standpoint of both the way the positions are analyzed and how the results are presented
- Entrepreneurial spirit and desire to become a business area expert/owner
- Ability and willingness to work closely in a team environment
- Attention to detail; ability to deliver high-quality work under time constraints
*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".
Applicants for this position in the Finance Division of NHA must be currently authorized to work for any
employer in the United States. The Finance Division is not sponsoring or taking over sponsorship of employment visas for this position at this time.
Nomura is an Equal Opportunity Employer