GM-Global Markets

Nomura 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 . 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 to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards. Divisional Overview: Global Markets Division in Powai, the front-office team, delivers pricing, modelling and risk management expertise to the Global Markets business. Founded as a center of excellence, the group leads the way in price discovery and portfolio optimization techniques and is integral to the business’ aggressive revenue targets. The team is playing an integral role in structuring, pricing, risk management and new idea generation. Global Markets Division comprises of the following teams: Structuring, Quantitative Investment Strategies, IWM, Securitized Products, BRM trading and GM Front Office Risk Business Overview: Nomura’s Securitized products team provides clients with a range of service including flow trading liquidity, financing, bespoke solutions, in-depth market analysis, and unrivalled analytics. The team in Mumbai works with counterpart teams in Asia, EMEA and US. The team assists in identifying and valuing bond-specific opportunities in the Securitization market. The Mumbai team also prepares reports/presentations on the various macroeconomic and regulatory themes that impact the market thereby providing an evolution of the desk’s views regarding the same. We are looking for a Structurer to join Nomura’s Residential Mortgage Backed Securitization (RMBS) Banking Team that is part of Global Markets Securitized Products and Private Credit. The responsibilities will include structuring and related analytics for new issue securitizations as well as certain warehouse lending activities. The Banking Team provides financing solutions for specialty finance companies and investment funds that originate or acquire real property and residential mortgages including Non-QM, business purpose loans, residential transition loans, reverse mortgages, single family rental, non-performing and re-performing, credit risk transfer (including multifamily) and small balance commercial mortgages and to finance those assets through direct borrowing and securitization in the capital markets. Nomura’s Securitized Products and Private Credit business has a leading market presence and works closely with our Securitized Products sales and trading teams. The Associate will be an integral part of the Banking Team and will support the team in the new issue securitization process in US with structuring analytics including working with the deal team, clients, investors, rating agencies, accountants, transaction attorneys, Nomura’s syndicate desk and sales and trading teams. The structuring team has dedicated and experienced professionals who will provide training for the required process and tools including Intex Dealmaker What We Offer: We support employee wellbeing by ensuring a sense of purpose and belonging. We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey. Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures. Position Specifications: Corporate Title Associate Functional Title Associate Experience 3-5 years of experience preferably in Securitisation Market covering ABS/RMBS/CMBS in European or US markets Qualification Bachelor's or Master's degree (Good to have: CFA/FRM) Requisition No. 12813 Role & Responsibilities: Running data and cash flow analytics on pools of financial assets in order to determine optimal capital structures given rating agency, market-based and tax/legal requiremen Coordinating with the deal team and the syndicate team on structures to be presented to issuers and investors Reading transaction documents to ensure that the cash flow analytics are consistent with the legal framework Tying out with accountants on cash flows and results to be included in offering materials Creating Intex models for issuers and investors to be able to run cash flow analytics Assist in the preparation of presentation materials which incorporate structuring analytics Mind Set: Mandatory Desired Domain Ability to structure and model RMBS transactions across a variety of traditional and non-traditional asset classes inclusive of real property and residential mortgages including Non-QM, business purpose / investor loans, residential transition loans, reverse mortgages, single family rental, non-performing and re-performing mortgages, credit risk transfer (including multifamily) and small balance commercial mortgage Experience building cash flow models from scratch in Excel or using Intex DealMaker and the capacity to utilize models to understand and test deal structures Understanding of rating agency cash flow and sizing methodologies Prior experience in US or EU Securitization market covering ABS/RMBS/CMBS sectors Strong understanding of financial markets and investment concepts Fast learner and Enthusiastic to learn about Securitized Products Experience in and knowledge of RMBS structuring a significant plus Technical Organized individual who is able to manage work steams across multiple transactions and deal teams and thrive in a fast-moving environment with tight timelines Extremely detail oriented and precision minded Strong analytical skills and enjoys working with numbers, including the ability to develop cash flow models and perform data analysis Strong communications skills (verbal and written) – ability to interact confidently with the team Interest in the wider Capital Markets and Investment Banking industry including key trends and market dynamics Demonstrated experience in handling large datasets including data cleansing, data ingestion, validation and normalization. Strong data presentation and visualization skills We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether 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. *The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).