Associate, Senior Quantitative Analyst

Job Title: Senior Quantitative Analyst

Corporate Title: Associate

Department: Fixed Income

Location: Philadelphia, PA

The pay range for this position at commencement of employment is expected to be between $130,000 and $155,000 per year* (see below footnote for additional compensation and benefits information).

Company Overview

Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.

Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from, and within Asia. 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

NAM International 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:

• You will be key in developing a portfolio risk management function and will sit at the intersection of quantitative analytics and portfolio management.
• Lead on various tasks to design, develop, and maintain portfolio risk management monitoring tools, quantitative applications and investment tools.
• Provide independent support to all aspects of the risk management function, including daily oversight of portfolio risk positioning, engagement with portfolio managers.
• Contribute to the analysis of risk drivers, performance attribution, scenario analysis, and portfolio construction
• Work closely with and educate portfolio managers on risk analytics and interpretation across portfolios
• Conduct independent research and analysis utilizing quantitative methods to develop innovative solutions on portfolio construction, relative value model and risk mitigation topics.
• Structure and implement deep dive analysis on internal and external strategies for due diligence and investment governance processes.
• Work as desk quant to provide quantitative support to PM and trading team, including idea generation, backtesting and production deployment.
• Work on emerging technologies to improve investment process and performance, such as Artificial Intelligence techniques and unstructured data sets.  

Skills, experience, qualifications and knowledge required:

• Minimum of 3-7 years of experience in investment risk or portfolio analytics with direct exposure to portfolio construction, positioning, and risk management
• Bachelor’s degree, preferably with concentration(s) in Finance, Economics, Mathematics, Business, Data Analytics or Engineering.
• Demonstrated competence with statistical, quantitative and technical aspects of fixed income markets.
• Experience with at least three relevant Fixed Income asset classes, including but not limited to: interest rate products, futures, FX derivatives, Government debt, Investment Grade Corporates, High Yield, Bank Loans, Emerging Markets, Structured Products.
• Extensive experience with MS Excel, Python, SQL and other data analysis or modeling tools with the ability to work effectively with large datasets.
• Clear, professional communication skills, including strong listening, verbal and written abilities.
• Strong interpersonal skills and experience with interacting with senior management and investment professionals
• Exceptional organizational and project management skills, with the ability to manage multiple and at times competing priorities within defined timelines, both independently and in a team setting.
• Familiarity with Aladdin system preferred

Nomura Leadership Behaviours

• 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.

Nomura is an Equal Opportunity Employer