Credit Derivatives Analyst / Associate

Nomura Holdings, inc. • New York, NY

5d • $90,000 - $120,000 • Onsite

About The Position

Nomura is hiring an Analyst or Associate in its Operations department in New York to provide middle-office trading support for its Flow and Structured Credit business. The role works closely with sales and trading on products including structured financing transactions, credit default swaps (CDS), indices, options, foreign exchange, and interest rate products. It is suited to a responsive, collaborative professional with strong interpersonal skills and a commitment to serving the client group.

The role supports trade processing and risk controls, trade lifecycle events, daily and nightly P&L processes, reconciliation resolution, regulatory and internal processing requirements, and continuous improvements to trading systems and controls. The expected base pay range at commencement is $90,000–$120,000 per year. Total compensation may also include a sign-on bonus, restricted stock units, discretionary awards, and benefits, depending on the position offered.

Requirements

• 1–3 years of experience in a trade support or middle-office role within Credit Derivatives.
• Understanding of Credit Derivatives products.
• Familiarity with risk and explaining P&L.
• Strong risk-management focus and appreciation of the risk impact of actions undertaken.
• Strong interpersonal skills and ability to communicate at all levels.
• Ability to prioritize workload and work efficiently under pressure.
• Strong problem-solving and analytical skills, with a sense of urgency.
• Motivated and diligent learner able to work in a fast-paced environment.
• Ability to work effectively in a team and adapt to a continuously changing environment.
• High proficiency with Excel.

Nice To Haves

• Series 99, or willingness to obtain it within six months of joining.

Responsibilities

• Support the Flow and Structured Credit business across structured financing transactions, CDS, indices, options, FX, and interest rate products.
• Work with trading and sales to ensure market risk and trade entry are accurate.
• Affirm T0 trades and ensure mandatory clearing trades are cleared at ICE Link.
• Process ICE weekly compression clearing cycles.
• Support trade lifecycle management, including expiries and final settlement.
• Assist with calculating and distributing daily P&L to the Trading Desk, Product Control, and Senior Management.
• Monitor reconciliation breaks and investigate their resolution.
• Support trading desks with regulatory requirements and internal processing requirements.
• Assist with the nightly P&L flash and liaise with Finance to resolve T+1 variances.
• Contribute to enhancements to trading systems and the related control framework.

Benefits

• Potential sign-on bonus, restricted stock units, and discretionary awards, depending on the position offered.
• Medical, financial, and other benefits.
• 401(k) eligibility.
• Paid time off benefits, including vacation and sick time.
• Parental leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed