Structuring

Nomura Holdings, Inc.; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Benefits offered by this job

Employee wellbeing program

Industry recognition

Competitive benefits

Job summary

Nomura is seeking a VP-level professional in Mumbai to lead and advance Equity Volatility strategies. You will design, back-test, and implement strategic frameworks, collaborating with Sales and Trading across Asia to enhance franchise value.

The role emphasizes quantitative execution, tool development, and performance monitoring within a fast-paced market environment. Strong leadership and Python proficiency are essential.

Qualifications

• Experience in creating Equity Volatility strategies from ideation to back-testing.
• Strong analytical, problem solving and troubleshooting abilities.
• Excellent communication and leadership skills.

Responsibilities

• Strategy creation and R&D of Equity Volatility, Equity Cash and Multi-Asset Strategies.
• Idea generation including yield enhancement and risk management solutions.
• Deliver data, cost and liquidity analyses tailored to investment strategies.

Skills

Quantitative analysis

Python programming

Market research

Education

Tier 1 Engineering College Graduate / Post Graduate

Tools

Python

Job description

Job Description:

Nomura Overview:

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.

Divisional Overview:

Global Markets Division: Based in Mumbai, the front-office team which works on a team extension model delivers pricing, modelling and risk management expertise to the Global Markets business. Founded as a centre 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

Business Overview:

The Equity Volatility Strategies Team works with Sales across regions on below

(i) Provide prices to clients on bespoke solutions linked to AeJ Trading books

(ii) Manufacture and market Equity Volatility Strategies for global clients

The team provides idea generation, pricing, and executes strategies and transactions being done.

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: VP
• Functional Title: VP
• Experience: 4-7 years
• Qualification: Tier 1 Engineering College Graduate / Post Graduate
• Requisition No.: 15134

Role & Responsibilities:

• Strategy creation / research and development of Equity Volatility, Equity Cash and Multi-Asset Strategies
• Participate to the idea generation including yield enhancement solutions and risk management solutions.
• Delivering data, cost and liquidity analysis tailor made to such investment strategies
• Build-up of the backtesting platform used to create those strategies.
• Creation of marketing content positioning and rational using those strategies.
• Daily monitoring of strategies and transactions calculations.
• Creation of scalable Index Rules together with the Legal team to document such strategies.
• Pre-trade modelling, strategy selection, monitoring, performance analysis
• Connect with Sales in Asia in order to maximise the franchise value.
• Help design and build robust analytical toolsets – efficient, reusable and scalable solutions for improvement of daily workflow and optimisation of Equity strategies.
• Self-drive to identify gaps and strengthen current processes and control.
• Working in close synergy with global trading desks and sales teams facing dynamic markets and aggressive deadlines

Mind Set:

Domain

• Experience in creating Equity Volatility strategies, from idea generation, design, back-testing, to index rules creation, production level calculation, and monitoring of calculation.
• Good market knowledge to know what competitors are offering now
• Strong analytical, problem solving, and troubleshooting abilities
• Good communication skills.
• Very Strong work ethics
• Ability to multitask and thrive in a fast-paced environment

• Strong leadership / people management skills

Technical

• Strong understanding of Quantitative Investment strategies, equity derivative market, greeks and hedging strategy
• Strong programming skills (python)

• Comfort with technology to the extent of helping manage / design automation infrastructure

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).