eTrading Strategy - Associate

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.

Nomura's Global Markets department provides liquidity, market insights, and execution services to clients worldwide across various asset classes, including equities, fixed income, currencies, and commodities. The team's focus on innovation and technology provides clients with access to cutting-edge trading platforms and customized solutions. Nomura's Global Markets team specializes in market-making, risk management, and electronic trading, with a strong global presence and reputation for exceptional service to clients.

We are a Rates focused eTrading Strats team, operating globally in London, New York and Tokyo. We are responsible for the development and operation of automated trading strategies, eBooks and pricing models across client and interdealer electronic venues.

You are a confident and self-motivating quant/strat with a solid understanding of electronic markets. You are client focused and are comfortable communicating with stakeholders across the bank. You are at home developing in a small self-organising team and value user feedback within an agile development process. You can manage expectations effectively and have a demonstrable track record of owning delivery of a high profile product to demanding business users. You are familiar with the Fixed Income markets, both cash and derivatives, and understand the value of an intuitive, robust and reliable E-Trading systems to a trading desk.

Key objectives critical to success:

• We are seeking an innovative and experienced eTrading Strategist to join our dynamic trading team. The ideal candidate will be responsible for developing, implementing, and optimizing electronic trading strategies across various asset classes and markets.
• Design and develop sophisticated algorithmic trading strategies using quantitative methods and statistical analysis.
• Implement and optimize execution algorithms to improve trading efficiency and reduce market impact.
• Analyse market microstructure and develop models to predict short-term price movements.
• Collaborate with quants, developers, and traders to translate trading ideas into production-ready code.
• Monitor and evaluate the performance of trading strategies, making real-time adjustments as necessary.
• Conduct research on new trading opportunities and market inefficiencies.
• Stay current with regulatory changes and ensure compliance in all trading activities.
• Develop and maintain relationships with electronic trading venues and liquidity providers.
• Contribute to the firm's overall electronic trading infrastructure and technology stack.

Skills, experience, qualifications and knowledge required:

• Degree in Computer Science, Mathematics, Physics, or a related quantitative field.
• Experience in electronic trading or a similar role in financial markets.
• Strong programming skills in C++, Java, or Python, with experience in low-latency environments.
• In-depth understanding of market microstructure, order types, and exchange connectivity.
• Proficiency in statistical analysis and machine learning techniques.
• Experience with high-frequency trading (HFT) and algorithmic execution strategies.
• Excellent problem-solving skills and ability to work under pressure in a fast-paced environment.
• Strong analytical and quantitative skills.
• Creativity in developing novel trading strategies.
• Excellent communication skills to explain complex concepts to both technical and non-technical audiences.
• Ability to work collaboratively in a team environment.
• Adaptability to rapidly changing market conditions and technologies.
• Strong ethical standards and commitment to market integrity.

Preferred Experience:

• Experience with multiple asset classes (Rates, equities, futures, options, FX).
• Knowledge of market-making strategies and risk management techniques.
• Familiarity with financial regulations (e.g., MiFID II, Reg NMS).
• Experience with distributed systems and cloud computing platforms.
• KDB or other time series database.

Join our cutting-edge team and help shape the future of Rates electronic trading.

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 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.