Credit Derivatives Middle Office Analyst

Nomura; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

401(k) eligibility

Job summary

Nomura is seeking a Credit Derivatives Middle Office professional in New York to support Flow and Structured Credit trading activities, including CDS, Index, Options, FX, and interest rate products. You will collaborate with sales and trading to ensure accurate market risk, trade entry, and lifecycle management.

The role emphasizes strong interpersonal communication, proactive risk awareness, and the ability to work under pressure in a fast-paced environment.

Qualifications

• 1–3 years of experience in a trade support / middle office role within Credit Derivatives.
• Understanding of Credit Derivatives products.
• Familiarity with risk and P&L explanations.
• Strong risk management focus with awareness of risk impact of actions.

Responsibilities

• Support Flow and Structured Credit business. Products traded include structured financing transactions, CDS, Index, Options, FX and Interest rate products.
• Work with trading and sales to ensure market risk and trade entry is accurate.
• Affirmation of T0 trades and ensuring mandatory clearing trades are cleared at IceLink.
• Process ICE weekly compression clearing cycles.
• Support life-cycle management of trades including expiries and final settlement.
• Assist in calculating and distributing daily P&L to the Trading Desk, Product Control and Senior Management.
• Monitor reconciliation breaks and investigate resolution.
• Support trading desks with application of regulations and internal processing requirements.
• Aid in nightly P&L flash and liaise with the finance team to resolve any T+1 variances.
• Contribute to continuous enhancements to trading systems and related control framework

Skills

Credit Derivatives knowledge

Trade support experience

Excel proficiency

Risk management mindset

Tools

Excel

Job description

Nomura is seeking a Credit Derivatives Middle Office professional in New York to support Flow and Structured Credit trading activities, including CDS, Index, Options, FX, and interest rate products. You will collaborate with sales and trading to ensure accurate market risk, trade entry, and lifecycle management.

The role emphasizes strong interpersonal communication, proactive risk awareness, and the ability to work under pressure in a fast-paced environment.