Securitized Products Research Analyst, US Fixed Income

Nomura; New York (NY); On-site; USD 110,000 - 135,000; Full time

Benefits offered by this job

Medical benefits

401(k) eligibility

Paid time off

Job summary

Nomura in New York, NY is seeking a Securitized Products Research Analyst within Global Markets to analyze RMBS/CMBS, CLOs and related datasets, build models, and contribute to research reports for institutional clients.

The role involves analyzing prepayment and default trends, recommending relative value trades, monitoring sector ownership, tracking policy developments, and assessing corporate credit and leveraged loans, with a strong emphasis on fixed income analytics and client service.

Qualifications

• 1–3 years of industry experience.
• Quantitative undergraduate degree (engineering, mathematics, quantitative economics, or data science) and some programming ability.
• Strong communication skills, both verbal and written.
• Some experience in fixed income analysis and/or finance helpful but not required.
• Familiarity with database/statistically oriented programming language (e.g. Python, R, SQL) and AI tools.
• Proficiency with Microsoft Excel.
• High level of intellectual curiosity and strong attention to detail.
• Ability to work in-person full-time in our NYC office.

Responsibilities

• Analyze Residential and Commercial Mortgage Backed Securities (MBS/RMBS/CMBS) and CLOs.
• Model and analyze datasets and contribute to research reports.
• Service institutional clients with research insights.

Skills

1–3 years experience

Quantitative degree

Communication skills

Fixed income knowledge

Python

R

SQL

Excel

Attention to detail

In-person NYC office

Education

Quantitative undergraduate degree

Tools

Python

R

SQL

Job description

Job Title: Securitized Products Research Analyst, US Fixed Income

Corporate Title: Analyst

Department: Global Markets

Location: New York, NY

The pay range for this position at commencement of employment is expected to be between $110,000and $135,000/year] * (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

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.

Role Description

The Securitized Products Research Analyst will focus primarily on analyzing Residential and Commercial Mortgage Backed Securities (MBS/RMBS/CMBS) and Collateralized Loan Obligations (CLOs). This role involves modeling and analysis of various datasets, contributing to research reports, and servicing institutional clients. Key tasks include analyzing prepayment/default trends for various mortgage products, recommending relative value trades, monitoring ownership structure of various sectors, monitoring policy developments, and analyzing corporate credit and leveraged loans.

Skills, Experience, Qualifications And Knowledge Required

• Skills, Experience, Qualifications and Knowledge Required:
• 1 – 3 years of industry experience
• Quantitative undergraduate degree, including a background in engineering, mathematics, quantitative economics, or data science and some programming ability
• Strong communication skills, both verbal and written
• Some experience in fixed income analysis and/or finance helpful but not required
• Familiarity with any database/statistically oriented programming language (e.g. Python, R, SQL) and AI tools
• Proficiency with Microsoft Excel
• High level of intellectual curiosity and strong attention to detail
• Ability to work in-person full-time in our NYC office

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.

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