At a Glance
- Tasks: Analyse sovereign credit markets and provide real-time support to traders.
- Company: Join a leading financial firm committed to diversity and inclusion.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a fast-paced trading environment.
- Why this job: Shape market strategies and engage with top institutional clients.
- Qualifications: Experience in EM sovereign credit and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
Role Overview
Embedded desk strategist sitting alongside the trading team, providing real-time analytical support across CEEMEA and Asia sovereign credit markets. Coverage spans investment grade and high yield/distressed sovereign names across EM regions, with focus on shaping desk risk and generating actionable trade ideas. Acts as the analytical bridge between traders and clients, translating macro themes and credit fundamentals into positioned, market-relevant views.
Key Objectives
- Partner closely with traders to analyse and shape desk risk positioning across the sovereign credit book.
- Engage directly with institutional clients – real money, hedge funds – on current market themes, relative value and structured trade ideas.
- Cover distressed and restructuring situations, providing deep-dive credit analysis on sovereign names under stress.
- Produce fundamental credit analysis (fiscal dynamics, debt sustainability, external balances, political risk) alongside technical analysis (spread levels, curve shape, basis, CDS-cash).
- Monitor and interpret flows, positioning data and market technicals to identify entry/exit points and relative value opportunities.
- Track key macro catalysts – IMF programmes, rating actions, elections, commodity price dynamics – and assess impact across the sovereign universe.
Skills, Experience, Qualifications and Knowledge
- Relevant experience in EM sovereign credit, spanning sell-side research, desk strategy or trading.
- Deep fundamental knowledge of CEEMEA and/or Asia sovereign credit markets – ideally with coverage across both regions.
- Proven experience engaging with buy-side clients in a markets context; comfortable presenting trade ideas and defending views under scrutiny.
- Track record of analysing distressed sovereign situations, including restructuring dynamics, IMF engagement and creditor coordination.
- Strong grasp of credit technicals – spread analysis, CDS, basis trades, curve positioning, cross-market relative value.
- Familiarity with macro frameworks: BOP analysis, debt sustainability assessments, political economy.
- Ability to operate at pace in a trading floor environment – producing timely, concise and high-convection output.
- Excellent written and verbal communication; experience authoring market commentary, trade ideas and client-facing notes.
- CFA or equivalent preferred; advanced degree in Economics, Finance or related field an advantage.
Right to Work
The UK Government has taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. We consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) only if we can provide evidence that this is a genuine vacancy for a qualified role.
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 to creating an inclusive environment for all our employees. We do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
Reasearch Analyst - Executive Director in London employer: Job Search Place Limited
At Nomura, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. As a Research Analyst - Executive Director, you will have the opportunity to engage directly with institutional clients and traders, shaping market strategies while benefiting from our commitment to professional development and a culture of inclusion. Our London office is not only a hub for financial expertise but also a place where diverse perspectives are valued, ensuring that every employee can thrive and contribute meaningfully to our success.
