Nomura Hiring Securitized Products Structurer (Powai) | ₹15L

Nomura Overview

Nomura is a global financial services group with an integrated network spanning about 30 countries and regions. By connecting markets East and West, Nomura serves individuals, institutions, corporates, and governments through 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 more information, visit www.nomura.com.

Nomura Services, India supports the group's global businesses with world-class capabilities in trading support, research, information technology, financial control, operations, risk management, and legal support. The firm plays a key role in facilitating the group's global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach includes sensitization campaigns, conducive policies and programs, infrastructure support, and community events. We are proud recipients of the Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024, and the YUVA Unstoppable Changemaker Awards.

Divisional Overview

The Global Markets Division in Powai is the front-office team delivering pricing, modelling, and risk management expertise to the Global Markets business. Founded as a center of excellence, the group leads in price discovery and portfolio optimization and is integral to the business's aggressive revenue targets. The team plays a key role in structuring, pricing, risk management, and new idea generation. It comprises Structuring, Quantitative Investment Strategies, IWM, Securitized Products, BRM trading, and GM Front Office Risk.

Business Overview

Nomura's Securitized Products team provides clients with flow trading liquidity, financing, bespoke solutions, in-depth market analysis, and analytics. The Mumbai team works with counterpart teams in Asia, EMEA, and the US, assisting in identifying and valuing bond-specific opportunities in the securitization market. They also prepare reports and presentations on macroeconomic and regulatory themes that impact the market.

We are looking for a Structurer to join Nomura's AeJ Warehouse Financing Team, part of Global Markets Securitized Products and Private Credit. Responsibilities include analytics for new issue securitizations and certain warehouse lending activities. The Banking Team provides financing solutions for specialty finance companies and investment funds that originate or acquire real property, residential mortgages, and consumer loans, financing those assets through direct borrowing and securitization. The Analyst will support the Singapore/Hong Kong structuring and analytics teams, working with deal teams, clients, investors, rating agencies, accountants, and transaction attorneys.

What We Offer

• We support employee wellbeing by ensuring a sense of purpose and belonging.
• We offer a comprehensive range of wellbeing services that employees can access at any point in their wellbeing journey.
• Our bespoke benefits support employees and their families' holistic wellbeing and are inclusive of diverse identities and family structures.

Role & Responsibilities

• Analyse ABS collateral and deal structures and, where necessary, model cash flows.
• Assist in pre-trade analysis, deal execution, and transaction monitoring.
• Collaborate with sales, trading, and technology teams to enhance existing processes.
• Help trading and sales desks with client presentations and market research initiatives.
• Maintain databases, pricing tools, and deal models tracking deal performance, issuance, and market/macro trends; design queries to analyse loan- and deal-level performance.
• Be a self-starter able to multi-task under pressure and meet deadlines; a strong team player and quick learner.

Mind Set

Domain (Mandatory):

• Ability to structure and model RMBS transactions across traditional and non-traditional asset classes, including real property and residential mortgages (Non-QM, business purpose/investor loans, residential transition loans, reverse mortgages, single family rental, non-performing and re-performing mortgages, credit risk transfer, and small balance commercial mortgage).
• Experience building cash flow models from scratch in Excel or using Intex DealMaker, and the capacity to use models to understand and test deal structures.
• Understanding of rating agency cash flow and sizing methodologies.
• Prior experience in US or EU securitization markets covering ABS/RMBS/CMBS sectors.
• Strong understanding of financial markets and investment concepts.

Domain (Desired):

• Fast learner and enthusiastic about Securitized Products.
• Experience in and knowledge of RMBS structuring is a significant plus.

Technical (Mandatory):

• Organized individual able to manage work streams across multiple transactions and deal teams in a fast-moving environment with tight timelines.
• Extremely detail oriented and precision minded.
• Strong analytical skills and enjoys working with numbers, including developing cash flow models and performing data analysis.
• Strong communication skills (verbal and written), able to interact confidently with the team.
• Interest in the wider capital markets and investment banking industry, including key trends and market dynamics.

Technical (Desired):

• Demonstrated experience handling large datasets, including data cleansing, ingestion, validation, and normalization.
• Strong data presentation and visualization skills.

We are committed to providing equal opportunities throughout employment, including recruitment, training, and development. We prohibit discrimination on grounds of gender, marital or domestic partnership status, pregnancy, carer's responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability, or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*Benefits are subject to change and will be in accordance with company policies as applicable from time to time.