Algo Developer - Contract

Nomura Holdings, Inc.; New York (NY); On-site; USD 111,000 - 148,000; Full time

Job summary

Nomura, a global financial services firm, is seeking an Algo Developer on a contract basis in New York to design, build and maintain advanced algorithmic trading systems. You will work on global execution services, collaborating with quants and front-office teams to deliver robust, scalable solutions.

The role requires 3+ years in equity market algo development with Java, a strong ownership mindset and the ability to work across multiple regions.

Qualifications

• 3+ years designing algorithmic trading systems for equity markets.
• Hands-on Java development for trading platforms.
• Professional, team-oriented with cross-country collaboration.
• Bachelor or Master in computer science, engineering or related disciplines.

Responsibilities

• Deliver new features, enhancements and fixes to the algo trading platform.
• Participate in full project lifecycle: analysis, design, data mapping, development and testing.
• Provide occasional level 2/3 support for front-office applications.
• Ensure adherence to architecture strategy and development standards.
• Collaborate with business and development teams on priorities and progress.
• Assist with new systems or upgrades when needed.

Skills

Algorithmic trading

Java

Team collaboration

Self-management

Communication

Education

Bachelor/Master in CS/Engineering

Tools

CI/CD automation

Distributed systems

Event-driven architectures

Networking

Job description

Job Title: Algo Developer - Contract

Department: Technology

Location: NY

The pay range for this position at commencement of employment is expected to be between $600 - $800 per day* (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

Department Overview

The Information Technology department at Nomura is at the forefront of innovation, driving technology solutions that empower our business and enhance client experiences. We leverage cutting-edge technologies to develop and maintain robust systems and infrastructure, ensuring the security, reliability, and efficiency of our operations. Join our team and be part of a dynamic and collaborative environment that embraces technological advancements to deliver value and drive our digital transformation journey.

Key Responsibilities

As the Global Execution Services technology division for Nomura’s Wholesale IT, the group provides brokerage services solutions to clients in over 65 markets around the world. Through its advanced suite of electronic trading strategies, experienced high-touch trading group, top-ranked Commission Management services, award winning desktop trading platform, and unparalleled access to insightful analytics, content and unique liquidity, Nomura helps institutions lower overall trading costs and ultimately improve investment performance.

Nomura’s proprietary algorithmic trading systems that address our client’s diverse range of trading styles and goals. The platform trades a significant portion of client order flow per day globally and represents a business critical system for the firm. We provide a core set of global, event-driven, multi asset trading strategies and deploy a library of regularly updated component tactics and extensive controls to refine behavior. Clients can easily tailor strategies to meet specific objectives.

The team works closely with the Quants to bring new strategies to the market and to constantly evolve the portfolio of the algorithmic offerings of the firm. The role requires an excellent technologist with deep experience in mission critical and highly evolving systems.

As a key member of the Global Execution Services algo team the candidate will

• Deliver new features, enhancements and bug fixes to our algo trading platform


• Participate in the full project life cycle including technical analysis, design, data analysis and mapping, development and testing.


• Occasionally provide level 2 and 3 support for front-office applications


• Ensure adherence to functional architecture strategy and compliance to company development standards.


• Liaise with the business and development teams with regards to priorities and progress of various tasks and projects.


• If necessary, help manage projects for the implementation of new systems or system upgrades.

Required Qualifications

Essential:

• 3+ years of experience in design and development of algorithmic trading system for equity markets.


• Hands on experience coding and developing algorithmic trading systems in Java


• Ability to exhibit high level of professionalism in team oriented environment.


• Team player that is able to work with people across different departments, countries and regions.


• Demonstrates self-direction and initiative in achieving objectives


• Strong self-management skills with ability to prioritize and execute


• Bachelor or Master degree in computer science, engineering or related disciplines

Preferred

• Experience in CI/CD automation


• Exposure to distributed systems and message oriented architecture


• Understanding and ideally hands on experience working with event driven systems


• Experience working with financial markets and understanding of local market characteristics


• Good knowledge of networks, TCP/IP and enterprise messaging solutions

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