At a Glance
- Tasks: Manage and optimise financial resources while trading in derivatives across global markets.
- Company: Join Nomura, a leading financial services group with a global reach.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Embrace a culture of inclusion and continuous learning at Nomura.
- Why this job: Be part of a dynamic team making impactful decisions in the financial sector.
- Qualifications: Strong analytical skills and knowledge of XVA metrics and derivatives required.
The predicted salary is between 54000 - 66000 £ per year.
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.
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 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 franchise, client relationships and technology.
The Business Resource Management (BRM) team is an established team in charge of XVA trading (CVA, FVA, KVA) as well as management of financial resources and optimisation of their usage. The team is looking to hire an Associate, based in London, who will help support its corporate derivatives business in EMEA, Americas, and Asia ex-Japan.
Role Description:
- Active Resource Management & Optimisation: Proactively manage and optimise business resources including balance sheet, capital, funding, and regulatory exposures to maximise efficiency and reduce costs.
- Opportunity Analysis & Trade Structuring: Identify, analyse, and quantify optimisation opportunities across the portfolio; structure and execute trades to realise resource savings and capital relief.
- Multilateral Optimisation Execution: Run, coordinate, and continuously develop multilateral optimisation exercises with internal and external counterparties to compress exposures and reduce resource consumption.
- Business Partnership & Resource Strategy: Build strong partnerships with trading desks, structuring teams, and business to understand resource drivers, develop tailored optimisation strategies, and improve resource usage over time.
- Regulatory Model Development: Work closely with finance, risk, and regulatory teams to understand, challenge, and enhance regulatory capital models (SA-CCR, IMM, CVA capital) and their impact on business economics.
- XVA Pricing Support: Assist in the pricing and structuring of XVA components (CVA, FVA, KVA, MVA) for large or complex transactions, ensuring accurate resource attribution and competitive pricing.
Skills, experience, qualifications and knowledge required:
- XVA & Derivatives Expertise: Deep understanding of XVA metrics (CVA, DVA, FVA, KVA, MVA) and their drivers; strong knowledge of derivatives products across asset classes (rates, credit, FX, equity).
- Regulatory Capital Frameworks: Working knowledge of Basel III capital requirements, SA-CCR, IMM, CVA capital charge, and leverage ratio calculations.
- Quantitative & Analytical Ability: Strong quantitative skills with the ability to analyse complex portfolios, model resource consumption, and identify optimisation opportunities using data-driven approaches.
- Programming & Data Analysis: Proficiency in Python, SQL, or similar languages for data extraction, analysis, and automation; experience with Excel/VBA for modelling and reporting.
- Risk & Pricing Systems: Familiarity with front-office risk systems, XVA pricing platforms, and trade capture systems; ability to work with large datasets and reconcile across multiple sources.
- Stakeholder Management: Excellent communication and influencing skills; ability to build trusted partnerships with traders, structurers, finance, risk, and operations teams.
- Commercial Acumen: Strong business sense with the ability to translate technical analysis into actionable commercial recommendations and P&L impact.
- Project Management: Ability to manage multiple workstreams, prioritise effectively, and deliver results in a fast-paced, dynamic environment.
- Collaboration & Negotiation: Experience working across functions and with external counterparties; strong negotiation skills for multilateral optimisation exercises.
- Educational Background: Degree in a quantitative discipline (Mathematics, Physics, Engineering, Finance, Economics, or Computer Science); advanced degree (MSc, PhD) or CFA desirable.
- Proactive & Entrepreneurial: Self-starter with a proactive mindset; able to identify opportunities independently and drive initiatives from concept to execution.
- Detail-Oriented & Rigorous: High attention to detail with a disciplined approach to analysis, validation, and risk management.
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).
Right to Work: The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.
Diversity & Inclusion: Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and 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.
BRM XVA Trader - Associate/VP employer: Nomura
Nomura is an excellent employer that fosters a dynamic and collaborative work culture in the heart of London, offering employees the chance to engage with global teams across major financial hubs like Mumbai and Tokyo. With a strong emphasis on professional development, employees benefit from extensive training opportunities and the chance to work on complex regulatory challenges, making it a rewarding environment for those looking to advance their careers in investment banking.
StudySmarter Expert Advice🤫
We think this is how you could land BRM XVA Trader - Associate/VP
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Nomura. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace BRM XVA Trader - Associate/VP
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Nomura.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Nomura's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Nomura
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nomura.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Nomura will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Nomura employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
