Generalist Securitized Products Research Analyst
Company Overview
Nomura is an Asia-headquartered 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 four business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking), and Merchant Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.
Product Area: Securitized Products Research
The Securitized Products Research team produces thoughtful and timely analysis on various product areas in order to help Nomura’s trading desk and clients identify profitable trades and emerging risks. The team was recently ranked #1 in Non-Agency RMBS research and #1 in CLO research in the 2021 Greenwich survey of most helpful research analysts across the street. The team communicates its views primarily through periodic research reports and frequent client meetings.
What Role You Will Play
The Generalist Securitized Products Research Analyst will focus primarily on analyzing agency and non-agency mortgage-backed securities (MBS) and Collateralized Loan Obligations (CLOs). In this role, you are responsible for modeling/analysis, conducting research, contributing to research reports, and servicing institutional clients. Key tasks include:
- Analyzing prepayment and default trends for various types of mortgage securitizations and collateral
- Recommending trades in various sectors based on relative value analysis and supply/demand considerations
- Monitoring ownership structure of and trading activity in different sectors
- Keeping abreast of policy developments that bear on mortgage markets
- Analyze corporate credit and leveraged loans, and policy developments affecting the CLO market
Required Skills and Qualifications
- Strong quantitative skillset, including a background in engineering, mathematics, or data science and some programming ability
- Strong communication skills, both verbal and written
- Understanding of fixed income analysis and bond math
- Familiarity with database structures and querying (SQL)
- Proficiency with Microsoft Excel
- High level of intellectual curiosity
- Strong attention to detail
Nomura is an Equal Opportunity Employer
www.nomura.com/careers