Quants Professional

Job Title: Quants

Country: IN

City: Mumbai

Skill Category: Global Markets

The GM Quant team in Mumbai consists of several sub-teams, including Fixed Income Quant Research, Algorithmic Trading Strategies and e-FX Quants. The team in Mumbai comprises about ten people, with varied backgrounds in Finance, Engineering and Physics, and strong, deep knowledge of financial modelling and computer science.

This role sits within Fixed Income Quant Research, which is part of Nomura's wider Quantitative Research team. This global team has its principal centres in London, Tokyo, Mumbai, New York and Singapore. One of its aims is to predict the likely future outcomes of financial markets, as well as to develop models so that Nomura's traders can execute profitable trades and the firm can correctly value them.

Quant work involves many different skills and abilities, all of which centre around solving complex quantitative problems in an accurate and timely way. The core function of the Fixed Income Quant Research team is to develop models that calculate the correct price for any of Nomura's financial trades across all asset classes (interest rates, equity, FX, credit, etc.). This involves a sequence of steps, starting with the basic modelling of financial markets, through to designing a model for any particular product, and finally implementing that model in C++ code. Nomura's Fixed Income quants also have an industry-leading approach to calculating the risks of trades (known as the "Greeks").

Other areas of quant activity include pricing adjustments for capital, collateral and margin, as well as general advisory to the firm on risk, valuation and systems issues.