Quants

Nomura Holdings, Inc.; Mumbai; On-site; INR 2,000,000 - 4,000,000; Full time

Job summary

Nomura Holdings, Inc. in Mumbai invites quants to join the Algo Strategies team, working on cross-asset indices across Rates, FX, Commodities, and Equity with emphasis on index construction and systematic trading.

You will script indices in Minerva/Sirius, collaborate with global desks, and contribute to research, modelling, and tooling within a fast-paced analytics culture. Applicants should have strong programming skills and advanced degrees.

Qualifications

• Strong programming background with numerate mindset.
• Experience in trading or financial data analysis is a plus.
• Ability to work with cross-asset indices and performance metrics.

Responsibilities

• Work on quants for cross-asset indices involving Rates, FX, Commodities, Equity.
• Develop index calculators and scripting for new indices in Minerva/Sirius.
• Collaborate with global desks to meet deadlines for index development.
• Support legacy calculators and ensure accurate publication of indices.

Skills

Python

Java

C

C++

C#

Education

Masters/PhD or equivalent in CSE/math/sciences/statistics

Tools

Minerva/Sirius

Job description

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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 .

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.

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-recognised 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.

Divisional Overview:

Global Markets Powai team is an extension of regional Global Markets teams supporting Securitized Products, Rates, FX, Credit and Equities. The division in Powai provides support for a range of activities like research, quantitative modelling, sales and trading support, pricing and balancing, product development and strategy. Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

Business Overview:

Algo Strategies team (Mumbai) is a part of the Global Quants team which is spread across London, New York, Singapore and Mumbai. The Mumbai team consists of people with highly numerate backgrounds such as B.Techs, M.Techs in electrical engineering, computer science engineering, Masters or PhDs in Statistics, Maths, Quantitative Finance and Physics. All members of the team are proficient in some programming language.

The Algo team supports various index structuring business verticals and directly works with traders and structurers on developing index calculators and scripting new indexes in the proprietary Minerva/Sirius platform. The candidates will get exposure to index construction methodologies for various asset classes (Rates, FX, commodities, Credit) and will have to script these indexes in Minerva/Sirius platform.

In addition, the team also works in in developing systematic trading strategies and execution algorithms, derivative pricing and modelling of bond/bond derivatives.

Proficiency in programming languages such as Python, Java, C, C++, C# is a plus. Candidates should have interest in number crunching and should have an aptitude for analysing in detail vast amounts of data.

Position Specifications:

Corporate Title

Analyst/Associate

Functional Title

Analyst/Associate

Experience

0-4 years

Qualification

Master’s, Phd, or equivalent degree program in CSE, mathematics, sciences, statistics

Role & Responsibilities

We are looking to hire quants to work on our QIS platform for cross-asset indices involving Rates, FX, Commodities, Equity etc. This position is for talented programmers with experience in trading business and related fields with an inquisitive spirit and extensively contribute to the platform.

The role involves -

• Working in close tandem with global structuring desk facing aggressive deadlines for index development and maintenance
• Working on developing new ideas and strategies for Index business
• Work in close collaboration with the global teams to develop scripts for indices across various asset class
• Ensuring correct publication of indices and supporting queries regarding legacy calculators