Securitized Products Research Analyst, US Fixed Income

Nomura Holdings, inc.•New York, NY

4h•$110,000 - $135,000•Onsite

About The Position

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. 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.

Requirements

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
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

Nice To Haves

Some experience in fixed income analysis and/or finance helpful but not required

Responsibilities

Analyzing Residential and Commercial Mortgage Backed Securities (MBS/RMBS/CMBS) and Collateralized Loan Obligations (CLOs).
Modeling and analysis of various datasets.
Contributing to research reports.
Servicing institutional clients.
Analyzing prepayment/default trends for various mortgage products.
Recommending relative value trades.
Monitoring ownership structure of various sectors.
Monitoring policy developments.
Analyzing corporate credit and leveraged loans.