Senior Quantitative Analyst

Nomura; Philadelphia (Philadelphia County); On-site; USD 115,000 - 148,000; Full time

Job summary

Nomura is seeking a seasoned fixed income quant to support portfolio management and quantitative analysis in the U.S. market. You will design and maintain quantitative tools, backtest investment ideas, and contribute to risk management and governance processes.

The role requires five years in a fixed income quant or risk capacity, strong Python/SQL skills, and the ability to collaborate with PMs and traders in a fast-paced environment. Aladdin familiarity is a plus.

Qualifications

• Five years’ experience in fixed income quant or fixed income risk role.
• Degree in Mathematics, Statistics, CS, Economics, Engineering or related field; CFA preferred.

Responsibilities

• Lead on tasks to design, develop, and maintain quantitative applications and investment tools.
• Conduct independent research using quantitative methods for portfolio construction, relative value, and risk mitigation.
• Structure and implement deep-dive analyses on strategies for due diligence and governance.
• Serve as desk quant providing Q&A support to PM/trading, including backtesting and deployment.
• Create fixed income analytics to analyze market regimes, exposures and trend indicators.
• Support performance attribution and risk monitoring.
• Explore AI techniques and unstructured data to improve investment processes.

Skills

Python

SQL

Quantitative research

Portfolio construction

Risk analysis

Education

Bachelor’s or Master’s in quantitative field

Tools

Aladdin

Job description

The pay range for this position at commencement of employment is expected to be between $115k and $148k 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

Department overview

The international business brings together a legacy of investing in public and private markets on a global scale. Through active management, we deliver differentiated and innovative solutions across equities, fixed income, multi-asset, and private credit supported by a team of disciplined and tenured investment professionals. Building upon Nomura’s century long heritage, our teams are responsible stewards of clients’ capital. We approach everything we do with accountability, curiosity, and integrity to help clients across wealth and institutional channels navigate an ever-changing market, capture opportunities around the world, and reach long-term investment goals.

Role Description:

You will support portfolio management and quantitative analysis including:

• Lead on various tasks to design, develop, and maintain quantitative applications and investment tools.
• Conduct independent research and analysis utilizing quantitative methods to develop innovative solutions on portfolio construction, relative value model and risk mitigation topics.
• Structure and implement deep dive analysis on internal and external strategies for due diligence and investment governance processes.
• Work as desk quant to provide quantitative support to PM and trading team, including idea generation, backtesting and production deployment.
• Create and produce fixed income analytics and factors to analyse market regimes, portfolio exposures and trend indicators.
• Work on performance attribution and risk monitoring.
• Work on emerging technologies to improve investment process and performance, such as Artificial Intelligence techniques and unstructured data sets.

You will be key in automating and developing regular tasks, process improvement and development, and creating robust investment tools with excellent consumer experience.

Skills, experience, qualifications and knowledge required:

• Five years’ experience in fixed income quant or fixed income risk role
• Bachelor's or Master's degree in a quantitative discipline such as Mathematics, Statistics, Computer Science, Economics, Engineering, or related field. Advance degree or CFA designation preferred
• Strong technical skills and proficient with Python and SQL
• Excellent analytical, problem-solving, and critical-thinking skills, with a keen attention to detail
• Good communication skills to interact with front desk investors on daily basis. Be able to articulate sophisticated process and concepts
• Team player. Ability to work collaboratively in a fast-paced, team-oriented environment, interacting with portfolio managers, analysts, and technology professionals
• Familiarity with Aladdin system preferred

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 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, discretionary awards and eligibility for commissions for applicable sales roles 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".