Global Markets – Securitized Products - Asset Management - Analyst

Nomura; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Nomura is seeking a data analyst in Mumbai to support the Securitized Products desk. You will assist with deal setup in ProMerit, including creating lending structures, collateral rules and data mappings.

The role involves collaboration with Asset Management and the Global Middle Office to ensure data integrity and timely reporting. You will work in a fast-paced environment requiring a strong analytical mindset, SQL/Python/R skills, and a willingness to learn about ABS/RMBS/CMBS markets across

Qualifications

• Bachelor's or Master's degree; CFA/FRM is a plus.
• 0–1 year experience in securitisation markets (ABS/RMBS/CMBS).
• Experience with ProMerit or similar collateral management systems is desirable.

Responsibilities

• Set up and maintain lending and collateral structures in ProMerit.
• Configure pricing, billing, invoicing and account rules.
• Prepare collateral data for monthly pricing and reporting.
• Create regular management reports and support IT/system enhancements.
• Collaborate with Asset Management and Global Middle Office.

Skills

Analytical skills

Communication skills

Team player

Problem solving

Multi-tasking

Python

R

SQL

Data visualization

Self-motivated

Education

Bachelor's degree

Master's degree

CFA/FRM (nice to have)

Tools

SQL

Python

R

Tableau

Job description

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

Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations across four international regions.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Division Overview:

Global Markets Division in Powai, the front-office team, delivers pricing, modelling and risk management expertise to the Global Markets business. Founded as a center of excellence, the group leads the way in price discovery and portfolio optimization techniques and is integral to the business’ aggressive revenue targets. The team is playing an integral role in structuring, pricing, risk management and new idea generation. Global Markets Division comprises of the following teams: Structuring, Quantitative Investment Strategies, IWM, Securitized Products, BRM trading and GM Front Office Risk

Business Overview

Nomura’s Securitized products team provides clients with a range of service including flow trading liquidity, financing, bespoke solutions, in-depth market analysis, and unrivalled analytics. The team in Mumbai works with counterpart teams in Asia, EMEA and US. As a member of the team, you will be responsible for analysis, conducting research, to help our desk. The team assists in identifying and valuing bond-specific opportunities in the Securitization market. The Mumbai team also prepares reports/presentations on the various macroeconomic and regulatory themes that impact the market thereby providing an evolution of the desk’s views regarding the same. Team is looking for a data analyst to assist with deal setup in our firm-wide collateral management system (ProMerit) across multiple asset classes

What We Offer:

• We support employee wellbeing by ensuring a sense of purpose and belonging.
• We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
• Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

Position Specifications:

Corporate Title

Analyst

Functional Title

Analyst

Experience

0-1 years of experience in Securitisation Market covering ABS/RMBS/CMBS in European or US markets

Qualification

Bachelor's or Master's degree (Good to have: CFA/FRM)

Requisition No.

9399

Role & Responsibilities:

• Work closely with Asset Management and Global Middle Office to perform customer and deal structure setup, configuration and maintenance in ProMerit, including:
• Lending account structure with pricing, billing, invoicing
• Account rules setup
• Collateral group rule for limits and eligibility
• Collateral valuation rules for borrowing base calculations
• Collateral pledge rule for feeding account balance to ledger
• Dataset to map client’s funding tape to standardized fields to normalize data for downstream processing and reporting
• Edit check setup for data integrity and validation
• Perform on-going maintenance of customer and deal setup to ensure it is up to date with the latest legal documents
• Produce regular and ad-oc reports for senior management
• Collaborate with IT application support team on system enhancements, issue resolution, software upgrades, etc.
• Work with Asset Management to prepare collateral data for monthly pricing exercise
• Self-starter and ability to multi-task under pressure and meet various deadlines. Strong team player and a quick learner.

Mind Set:

Key Skills:

• Prior experience in US or EU Securitization market covering ABS/RMBS/CMBS sectors
• Strong understanding of financial markets and investment concepts
• Strong analytical and problem-solving skills
• Excellent communication and collaboration skills
• Creative problem solver; works well in a team
• 0-1 years of work experience as a data analyst or programmer
• 0-1 year of knowledge of Database SQL including skills including queries and stored procedures
• 0-1 years of Python/R
• Knowledge of Tableau or similar visual analytics platform is a plus
• Fast learner and Enthusiastic to learn about Securitized Products
• Ability to work independently and as part of a team
• Self-motivated and proactive with a positive attitude and strong work ethic
• Able to prioritize the workload and use time efficiently
• Demonstrated experience in handling large datasets including data cleansing, data ingestion, validation and normalization.
• Strong data presentation and visualization skills

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).