LSET Trader

Nomura; New York (NY); On-site; USD 140,000 - 250,000; Full time

Benefits offered by this job

Sign-on bonus

Restricted stock units

Discretionary awards

Medical benefits

401(k) eligibility

Paid time off

Job summary

Nomura is seeking an LSET Trader in New York on the Global Markets desk. You will research, monitor, and oversee execution of daily trades for US Equities/Options with a low latency client base. Expect collaboration with traders, quants, and operations in a fast-paced desk environment.

The role requires experience with electronic trading platforms, FIX protocol, and risk monitoring. Strong communication skills and familiarity with DMA orders are essential.

Qualifications

• Experience with electronic trading platforms and US equities.
• Familiarity with FIX and binary protocols is required.
• Track record in risk monitoring and escalation procedures.
• Ability to communicate complex issues to non-technical stakeholders.
• VBA experience is a plus.

Responsibilities

• Manage order flow and execute trades on an electronic platform.
• Coordinate with support, operations, brokers, and PBs on allocations.
• Monitor execution algorithms and assist quant clients to resolve issues.
• Source liquidity by interacting with brokers and bank desks.
• Generate ad hoc reports and maintain trading tools.
• Upgrade spreadsheets and trading tools as needed.
• Understand exchanges and ATS operations.
• Provide real-time risk management of order flows and connectivity health.
• Serve as a technical contact to investigate discrepancies and latency issues.
• Work with OMS/EMS and FIX Protocol in front-to-back processes.
• Understand US Equities/options trade lifecycle.
• Translate technical issues for sales traders and institutional clients.

Skills

Electronic trading platforms

FIX Protocol familiarity

VBA

Risk monitoring

Tools

OMS

EMS

FIX Protocol

Networking basics

Job description

Job Title: LSET Trader

Department: Global Markets

Location: New York

Corporate Title: Associate/VP

The pay range for this position at commencement of employment is expected to be between $140,000-$250,000 a year*

Company Overview

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

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

Department Overview

Nomura's Global Markets department provides liquidity, market insights, and execution services to clients worldwide across various asset classes, including equities, fixed income, currencies, and commodities. The team's focus on innovation and technology provides clients with access to cutting-edge trading platforms and customized solutions. Nomura's Global Markets team specializes in market-making, risk management, and electronic trading, with a strong global presence and reputation for exceptional service to clients. With expertise, global reach, and commitment to innovation, Nomura's Global Markets department is well-positioned to continue driving growth and success in the financial industry.

Overview- Job Description

As an LSET Trader you will research, monitor, and oversee the execution of daily trades with our low latency client base trading US Equities/Options. The ideal candidate will be a mid-level professional. Frequent interaction with traders, quants, operations, support, and senior management teams will be required so communication and collaboration skills are essential. This is a DESK role, previous exposure to electronic trading platforms are a must, the trader will be fielding daily inquiries about algos, smart order routers, and DMA orders. Familiarity with risk monitoring, risk management, and ability to follow escalation procedures are also key components to the role. Market structure knowledge and the ability to work with the exchanges across various FIX and binary protocols to trouble shoot client inquiries. Basic networking/technical knowledge is also a plus as well as experience with VBA.

Key Responsibilities

• Manage order flow and execute trades using an electronic trading platform.
• Work closely with support, operations, brokers, and PB’s to assure proper trade allocations.
• Monitor the behavior of execution algorithms and work with quant clients to resolve any issues.
• Interact with brokers and bank dealing desks to source liquidity if needed.
• Performs miscellaneous job related duties as assigned such as ad hoc report generation.
• Maintain and upgrade existing spreadsheets and trading tools.
• A strong understanding of how different exchanges and Alternative Trading Systems (ATSs) operate.
• Providing real-time risk management order flows and connectivity health to detect and resolve technical "hiccups"
• Acting as a high-level technical point of contact to investigate trade discrepancies, latency issues, or connection drops in a fast-paced "front-to-back" environment.
• Hands-on experience with Order Management Systems (OMS), Execution Management Systems (EMS), and the FIX Protocol.
• Knowledge of the US Equities/options "Trade Lifecycle"
• The ability to translate complex technical issues into clear updates for non-technical stakeholders, such as sales traders or institutional clients

Nomura Leadership Behaviors

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.

• US FINANCE ONLY** Applicants for this position in the Finance Division of NHA must be currently authorized to work for any employer in the United States. The Finance Division is not sponsoring or taking over sponsorship of employment visas for this position at this time.

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