Trader, Structured Rates, Insurance Hybrids Trading - Associate​/VP

Job Title:

Trader, Structured Rates, Insurance Hybrids Trading Corporate

Title:

Associate/VP Department:
Global Markets

Location:

London
Company overview

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

Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit Department Overview:

The Structured Rates Insurance Hybrid Trading team offers hedging and packaging solutions for Insurers and Reinsurers, helping to generate defined returns for insurance companies on their products (variable annuities, fixed annuities, fixed index annuities) , and is looking for a trader to join its team. The desk is part of Structured Rates Trading at Nomura and is involved in cross-border transactions with Japanese clients.

Role

Description:

Understanding and manage the whole transaction workflow and lifecycle. This will involve understanding of:o    Funding and repo transaction so    Collateral bookingso    Futures and options expiries managemento    processing of biometric data from insurerso    checking and confirmation of settlement calculations based on biometricso    handling of non standard settlement so    liaising with sales and structuring in response to client queries

Develop strong understanding of hedge instruments and risk dynamics

Build understanding of PL drivers and resource usage drivers

Build strong relationship with both control functions and sales persons

Work with the team to get new projects approved and traded

Skills, experience, qualifications and knowledge required:

Knowledge of financial markets and derivatives through experience or degree

Strong grounding in mathematics/statistics/computer science preferred

Experience in Python / VBA coding preferred

Proficiency in Microsoft Excel Key competencies:

Analytical skills: be able to quickly grasp complex concepts and be able to self-review numbers and findings

Attention to detail: ability to dive into complex trade structures, legal documents and code with focus on detail and accuracy

Initiative: being able to build one’s own learning plan and ask the right questions

Communication skills: interpersonal relations and the ability to successfully communicate across different regions and teams is a key success factor in this role. Being able to articulate complex issues and coordinate with other team members on this complex book is key Ability to work as a team, both within the trading desk as and together with other Front Office functions such as Structuring, Sales, Legal etc.

Nomura Leadership Behaviours Explore Insights & Vision:
Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions:
Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People:
Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability:
Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion:
Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).Diversity & Inclusion Nomura is an equal opportunity employer. We value diversity and are committed…