2027 Quantitative Risk Management Summer Analyst Program
About The Position
The Quantitative Risk Management Summer Analyst Program at Nomura is a 10-week program designed to provide interns with extensive exposure to risk management within a global financial services firm. Analysts will work closely with professionals across various levels and business divisions, including Global Markets, Investment Banking, Finance, Legal, Compliance, and Operations. The program aims to offer hands-on experience, allowing Summer Analysts to become full members of their assigned teams. They will benefit from working with a peer and a senior mentor, gaining insights into the firm's goals and values. The program is a key component of Nomura's full-time recruitment efforts and is not a rotational program, offering the same level of exposure as a first-year Analyst.
Requirements
- GPA: 3.5+
- Pursuing a post-graduate degree in Financial Engineering, Mathematics, Statistics, or a related quantitative field.
- Graduating between December 2027 and June 2028 from a college/university in the United States.
- Currently authorized to work for any employer in the United States.
- The Risk Management Division is not sponsoring employment visas for this position.
Nice To Haves
- Outstanding academic qualifications
- Strong communication and interpersonal relationship skills
- Strong organizational and time management skills
- Motivated self-starter with a working knowledge of the financial services industry and a desire to develop their skills
- Strong Microsoft Office skills
Responsibilities
- Market Risk: Broad involvement in risk management of traded positions, with exposure to cash and derivatives products across fixed income and equities. Work closely with market risk managers to understand financial product behavior and market risk metrics.
- Risk Methodology Group (RMG): Work on developing or improving risk models used for regulatory or economic capital calculations, limit monitoring, trade approval, or management reporting.
- Model Validation Group (MVG): Assist in the independent validation and governance of quantitative models. This includes reviewing model documentation, evaluating conceptual soundness, analyzing assumptions and limitations, and supporting the preparation of validation reports. Responsibilities may involve data processing, statistical analysis, benchmarking model outputs, and documenting findings.
Benefits
- Set base salary at an annualized rate of $95,000 per year.
- Eligible for overtime in accordance with applicable state and federal laws.
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What This Job Offers
Career Level
Intern
