Gilts Trader (VP / ED)

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.

Department overview: 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 products, 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.

Nomura has a very successful Global Rates franchise with clients placed at the heart of its strategy. The EMEA Flow Rates business trades incorporates the following desks: EGBs, EUR Swaps, SSA, Covered Bonds, GBP and Repo.

Key objectives critical to success:

• The role will be to trade the Gilts markets and all associated regulatory and supervisory responsibility, together with driving the medium and long strategy of the franchise.
• Success will also involve working collaboratively with Sales and the EMEA Flow Rates management team to define and execute business strategy.

Skills, experience, qualifications and knowledge required:

• A proven track record in trading Rates products, specifically in trading gilts. Candidate should have experience of primary and secondary market making as well as a network across the client base.
• Experience in ensuring a very strong risk management and risk governance culture exists throughout the business.
• Optimising financial resource utilisation and returns on financial resources within the business.
• Collaborating with Sales and CFS in defining and executing the medium term strategy of the EMEA Flow Rates business.
• Ability to communicate effectively when dealing with different stakeholders (i.e. Structuring, Sales, Quant Research and IT).
• Highly energetic with an entrepreneurial mindset.

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 prioritise actions or recommendations.
• 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:

• Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Right to Work:

The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.

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.