About this role
<p style="margin:0.0in"><span style="font-weight:bold;background-color:white">Job Title: </span><span style="background-color:white">LSET Trader </span></p> <p style="margin:0.0in"><span style="font-weight:bold;background-color:white">Department: </span><span style="background-color:white">Global Markets</span></p> <p style="margin:0.0in"><span style="font-weight:bold">Location:</span> New York</p> <p style="margin:0.0in"><span style="font-weight:bold">Corporate Title: </span>Associate/VP</p> <p style="margin:0.0in"> </p> <p style="margin:0.0in">The pay range for this position at commencement of employment is expected to be between $140,000-$250,000 a year*</p> <p style="margin:0.0in"> </p> <p style="margin:0.0in"><span style="font-weight:bold;text-decoration:underline;background-color:white">Company Overview</span></p> <p style="margin:0.0in"><span style="background-color:white">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. For further information about Nomura, visit </span><a href="http://www.nomura.com/"><span style="background-color:white">www.nomura.com</span></a></p> <p style="margin:0.0in"> </p> <p style="margin:0.0in"><span style="background-color:white">Aon’s Benefit Index®, Nomura’s benefits </span><span style="font-weight:bold;background-color:white">rank</span><span style="background-color:white"> </span><span style="font-weight:bold;background-color:white">#1</span><span style="background-color:white"> amongst our competitors</span></p><p style="margin:0.0in"><span style="font-weight:bold;text-decoration:underline;background-color:white">Department Overview</span></p> <p style="margin:0.0in"><span style="background-color:white">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. With expertise, global reach, and commitment to innovation, Nomura's Global Markets department is well-positioned to continue driving growth and success in the financial industry. </span></p> <p style="margin:0.0in"> </p> <p style="margin:0.0in"><strong><span style="">Overview- Job Description </span></strong></p> <p style="margin:0.0in"><span style="">As an LSET Trader you will research, monitor, and oversee the execution of daily trades with our low latency client base trading US Equities/Options. The ideal candidate will be a mid-level professional. Frequent interaction with traders, quants, operations, support, and senior management teams will be required so communication and collaboration skills are essential. This is a DESK role, previous exposure to electronic trading platforms are a must, the trader will be fielding daily inquiries about algos, smart order routers, and DMA orders. Familiarity with risk monitoring, risk management, and ability to follow escalation procedures are also key components to the role. Market structure knowledge and the ability to work with the exchanges across various FIX and binary protocols to trouble shoot client inquiries. Basic networking/technical knowledge is also a plus as well as experience with VBA.</span></p> <p style="margin:0.0in"> </p> <p style="margin:0.0in"><strong><span style="">Key Responsibilities</span></strong></p> <ul style="margin-top:0.0in;margin-bottom:0.0in" type="disc"> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Manage order flow and execute trades using an electronic trading platform.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Work closely with support, operations, brokers, and PB’s to assure proper trade allocations.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Monitor the behavior of execution algorithms and work with quant clients to resolve any issues.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Interact with brokers and bank dealing desks to source liquidity if needed.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Performs miscellaneous job related duties as assigned such as ad hoc report generation.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Maintain and upgrade existing spreadsheets and trading tools.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">A strong understanding of how different exchanges and Alternative Trading Systems (ATSs) operate.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Providing real-time risk management order flows and connectivity health to detect and resolve technical "hiccups"</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Acting as a high-level technical point of contact to investigate trade discrepancies, latency issues, or connection drops in a fast-paced "front-to-back" environment.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Hands-on experience with Order Management Systems (OMS), Execution Management Systems (EMS), and the FIX Protocol.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">Knowledge of the US Equities/options "Trade Lifecycle" </span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in"><span style="">The ability to translate complex technical issues into clear updates for non-technical stakeholders, such as sales traders or institutional clients</span></li> </ul><p style="margin:0.0in"><span style="font-weight:bold;text-decoration:underline">Nomura Leadership Behaviors</span> </p> <p style="margin:0.0in"><span style="font-weight:bold;text-decoration:underline">Explore Insights & Vision</span><span style="text-decoration:underline"> </span></p> <p style="margin:0.0in">Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future. </p> <p style="margin:0.0in"><span style="font-weight:bold;text-decoration:underline">Making Strategic Decisions</span><span style="text-decoration:underline"> </span></p> <p style="margin:0.0in">Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations. </p> <p style="margin:0.0in"><span style="font-weight:bold;text-decoration:underline">Inspire Entrepreneurship in People</span><span style="text-decoration:underline"> </span></p> <p style="margin:0.0in">Inspire team members through effective communication of ideas and motivate them to actively enhance productivity. </p> <p style="margin:0.0in"><span style="font-weight:bold;text-decoration:underline">Elevate Organizational Capability</span><span style="text-decoration:underline"> </span></p> <p style="margin:0.0in">Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing. </p> <p style="margin:0.0in"><span style="font-weight:bold;text-decoration:underline">Inclusion </span><span style="text-decoration:underline"> </span></p> <p style="margin:0.0in">Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect). </p> <p style="margin:0.0in"> </p> <p style="margin-top:0.0pt;margin-bottom:6.0pt"><span style="">*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.</span><span> </span></p> <p style="margin-top:0.0pt;margin-bottom:6.0pt"> </p> <p style="margin-top:0.0pt;margin-bottom:6.0pt"><span style="">If hired in the U.S., employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.</span><span> </span></p> <p style="margin-top:0.0pt;margin-bottom:6.0pt"> </p> <p style="margin-top:0.0pt;margin-bottom:6.0pt"><span style="">**US FINANCE ONLY**</span><span style=""> Applicants for this position in the Finance Division of NHA must be currently authorized to work for any employer in the United States. The Finance Division is not sponsoring or taking over sponsorship of employment visas for this position at this time. </span></p> <p style="margin-top:0.0pt;margin-bottom:6.0pt"> </p> <p style="margin-top:0.0pt;margin-bottom:6.0pt"><span style="font-style:italic;background-color:white">Nomura is an Equal Opportunity Employer</span> </p> <p style="margin:0.0in"> </p> <p style="margin:0.0in"> </p>