Quantitative Risk Intern: Markets, Models & Validation

NOMURA HOLDINGS, INC. (Old); New York, Northern (NY, KY); Hybrid; USD 86,000 - 105,000; Full time

Job summary

Nomura offers a 10-week Quantitative Risk Management Summer Analyst Program in the Americas Risk Management Division. Analysts gain hands-on exposure within Market Risk, RMG, and MVG, working with senior quants and mentors while building practical skills in model validation and risk governance.

Ideal candidates pursue a quantitative post-graduate degree, maintain a GPA 3.5+, and are US-authorized to work. The program emphasizes a hands-on, non-rotational internship with mentorship and a path to

Qualifications

• GPA: 3.5+ and pursuing a post graduate degree in Financial Engineering, Mathematics, Statistics or related quantitative field.
• Graduating between December 2027 and June 2028 at a college/university in the United States.
• Applicants must be authorized to work in the United States; the division is not sponsoring sponsorship now or in the future.

Responsibilities

• Market Risk: broad involvement in risk management of traded positions, with exposure to cash and derivatives across fixed income and equities.
• Risk Methodology Group (RMG): develop or improve a robust risk modelling framework and regulatory/economic capital calculations.
• Model Validation Group (MVG): assist in validation, review documentation, analyze assumptions, and prepare validation reports.

Skills

Strong communication

Interpersonal skills

Organizational skills

Time management

Motivated self-starter

Education

Post graduate degree in Financial Engineering, Mathematics, Statistics or related quantitative field

GPA 3.5+

Graduating Dec 2027–Jun 2028 in the United States

Tools

Microsoft Office

Job description

Nomura offers a 10-week Quantitative Risk Management Summer Analyst Program in the Americas Risk Management Division. Analysts gain hands-on exposure within Market Risk, RMG, and MVG, working with senior quants and mentors while building practical skills in model validation and risk governance.

Ideal candidates pursue a quantitative post-graduate degree, maintain a GPA 3.5+, and are US-authorized to work. The program emphasizes a hands-on, non-rotational internship with mentorship and a path to