Global Markets - Summer Internship; Securitised Products and Private Credit Trading​/Structuring

Region EMEA (Europe, Middle East and Africa)

Division Global Markets

Location London

Program type Internship

Level Analyst

Who we are

Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through our three business divisions:
Retail, Wholesale (Global Markets and Investment Banking) and Investment Management.

Driven by the insights of some 26,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia.

Securitised Products and Private Credit Trading/Structuring

Nomura's Global Markets Division handles client transactions for financial institutions, corporates, governments and investment funds around the world. We act as market makers, trading in fixed income and equity securities, including currencies, interest rates and credit in cash, derivatives and structured products. We have taken market-leading positions across the globe by leveraging the strength of our talent, client relationships and technology.

By developing strong relationships with our client base through consistent interaction, independent advice and pre-eminent access to Asia, we have built a powerful global franchise across interest rates, currency and credit products. Our client services cover both high-volume flow products and carefully tailored structured solutions. We have adapted to the changing financial landscape to build a client centric focus differentiated by innovation, electronic and service excellence and market-leading derivatives capabilities.

The Securitised Products & Private Credit (SP&PC) team is active in the structured illiquid credit space, providing flexible capital solutions to support a variety of situations, including infrastructure financing, portfolio financing, private credit, direct lending, and real estate financing. The team acts as principal and distributes risk on an ad-hoc basis. The team is involved across the origination, screening, diligence, structuring, execution, syndication and monitoring phases of the transaction lifecycle.

The team seeks to hire an Analyst / Associate to continue capitalising on the team’s strong momentum in EMEA and to support its growth across its client franchise.

Through our nine-week Internship Programme you will have the opportunity to experience first-hand the possibilities of a career in banking. It is your chance to get a feel for our culture, create new networks and gain valuable on-the-job training. Internships are also the perfect preparation for a subsequent full time role. Nomura will extend full time offers to strong performers.

The internship is a placement for 9 weeks within the SPPC team, working on real projects with direct value to Nomura’s business, supervised by experienced members of the team

Key objectives critical to success:

• Working as part of a focussed team to design and prepare structured financing proposals suited to Nomura’s client needs
• Supporting screening, risk approval and due diligence processes for new transactions
• Performing fundamental credit analysis, modelling, assessing underlying project cash flows and collateral value, drafting transaction memoranda
• Participating in client and internal calls and meetings to support the above processes and analyses
• Executing trades and associated hedges
• Assisting in the day-to-day management of the SP&PC processes
• Assisting in managing existing risks (operational, credit, rates, etc.) on the book

Training

Summer Analysts will receive extensive training to enhance the skills that they need to perform well during their internship. The programme includes training in Financial Markets, Bloomberg, Excel, Conduct Risk and a variety of division specific activities.

Throughout the Internship Programme you will be supported both by a buddy, mentor and dedicated programme management team

What are we looking for?

At Nomura, our goal is to attract and develop exceptionally talented people who share our passion for individual excellence and our commitment to teamwork. We recruit graduates and interns with a high level of academic and extra-curricular achievement, who will be able to withstand the rigours of a rapidly changing, demanding but ultimately rewarding environment.

Skills,…