Wholesale Digital Office (Quants & Strats) Global Markets Summer Internship London 2024
Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through our three business divisions: Retail, Wholesale (Global Markets and Investment Banking) and Investment Management.
Driven by the insights of some 26,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia.
Wholesale Digital Office
The Wholesale Digital Office is responsible for Nomura’s work in the realm of digital disruption within financial markets. The team is made of up 4 primary areas of focus, eTrading Strategy, Fixed Income Quantitative Research, New Business and Systematic Trading and Research. Each of these teams has a diverse set of expertise including Global Markets domain expertise, quantitative research, machine learning, low latency algorithm development and disruptive investment. The team primarily focuses in Global Rates, FX and Credit as well as investments in both Fintech and Digital Assets. The team collectively goes from idea to research to development to production oversight and is an integral part of Nomura’s go forward strategy. In covering most major global financial centres, the WDO offers a cross-regional/ cross-product perspective that is unique situated within the industry
Through our nine-week Internship Programme you will have the opportunity to experience first-hand the possibilities of a career in banking. It is your chance to get a feel for our culture, create new networks and gain valuable on-the-job training. Internships are also the perfect preparation for a subsequent full time role. Nomura will extend full time offers to strong performers.
Summer Analysts in the Wholesale Digital Office team will have the opportunity to work within one of the four key areas (eTrading Strategy, Fixed Income Quantitative Research, New business and Systematic Trading and Research) as well as alongside our partners in Trading, Structuring and Sales. The internship is a placement for 9 weeks within the WDO team, working on real projects with direct value to Nomura’s business, supervised by experienced members of the team
Summer Analysts will receive extensive training to enhance the skills that they need to perform well during their internship. The programme includes training in Financial Markets, Bloomberg, Excel, Conduct Risk and a variety of division specific activities.
Throughout the Internship Programme you will be supported both by a buddy, mentor and dedicated programme management team
What’s your role?
Research and development mathematical models and algorithms used in the trading business for market making, principal risk taking and portfolio management for both our systematic trading team as well as the broader Nomura Wholesale Business.
Developing mathematical models for pricing and risk managing derivative trades, in partnership with the trading desks, and implementing them in the firm’s trading systems.
Assisting in research or analysis of various disruptive technology investments including Fintec and Digital.
What are we looking for?
At Nomura, our goal is to attract and develop exceptionally talented people who share our passion for individual excellence and our commitment to teamwork. We recruit graduates and interns with a high level of academic and extra-curricular achievement, who will be able to withstand the rigours of a rapidly changing, demanding but ultimately rewarding environment
The Wholesale Digital Office requires an exceptional level of technical quantitative skills. As an intern in the WDO team, you should be in your penultimate/final year at university, studying for a BSc, MSc or PhD in Mathematics, Computer Science Data Science or other subjects with strong quantitative and technical elements.
Fluency in English is essential