The internship program of Nomura Services-Powai provides you with an opportunity to experience what a career in the industry would be like. As an intern, you will build relationships and take on challenges as a full member of the team, allowing you to develop a unique experience that will be vital in your future career. You will gain valuable on-the-job training and see what makes us the most exciting proposition in the investment banking world.
The internship program gives us an opportunity to gauge the intern's capability; interest and aspiration as a future full time employee for the firm. It also helps the intern to decide on his/her future course of action, realize one's strength's and improvement areas. Internship opportunities are open for 6 & 2 month durations. The internship program includes :
- Global Markets - Equity Research
The Equity Research internship program provides an opportunity for interns to work on a day to day basis with the team to executing typical, real-life assignments of a research analyst. The program provides first-hand experience of a future role in research and serves as an opportunity to assess the intern in a realistic work environment.
Interns will have an opportunity to conduct a comprehensive research on the company, the sector, identify key drivers and develop an investment thesis. They will create a framework for valuing the company using various sector-specific methods, write an initiation report on the company and appear on a mock morning meeting to pitch to the sales/trader/clients.
- Global Markets - Algorithmic Trading Desk
The Algorithmic Trading Strategies team is involved in providing algorithmic solutions to various businesses within Global Markets such as the Rates, Commodities, FX and Index. Its activities cover FX / Rates / Equities Trading strategies; Yield Curve analytics; Order Execution Algorithms for Equities and Rates futures, Portfolio optimization strategies, with specific application to risk management.
The summer internship program duration over two months provides opportunities to work in areas related to inflation modelling, analysis of trade and quote data sets and estimation of time series model.
- Global Markets Structuring / BRM
These teams deliver pricing, modelling and risk management expertise to the Global Markets business. Founded as a centre of excellence, the group leads the way in price discovery and portfolio optimization techniques and is integral to the business' aggressive revenue targets.
The team is playing an integral role in structuring, pricing and risk management for the global trading book. Interns will get an opportunity to work with trading desks facing dynamic markets and aggressive deadlines, understand and implement state-of-the-art pricing models in variable scenarios, Suggest and actualize innovative product designs.
- Global Markets ABS Research
This group is an integral part of Nomura's European ABS platform and works closely with the European ABS Strategy team based in London as well as the European ABS IT teams based in London and Mumbai. Key responsibilities include pricing ABS bonds, in-depth analysis of collateral and structures, analysis of loan-level data and responding to desk/client request.
Internship will include analyzing ABS collateral and deal structures and, where necessary, model cash-flows, price ABS bonds for both client/desk trades and Maintain various databases, pricing tools and deal models tracking deal performance, issuance, and market/macro trends; Analyze loan-level and deal-level data and performance.
- Global Markets FID Quant
The QuantitativeResearch team is a global team with its principal centres in London, Tokyo, Mumbai, New York andSingapore. The aim of the team is to predict the likely future outcomes of financial markets, so that Nomura's traders can execute profitable trades and the firm can correctly value them. The team comprises about sixty people globally, often exceptionally talented individuals, with strong and deep knowledge of modelling and computer science.
Interns work as fully integrated member of the global quant team, part of the front office. Interns also get an opportunity to understand & implelement state-of-the-art pricing models in C++ code, work with traders and structurers to enable new trades to be executed and Interact with risk managers and other corporate functions to explain new quant models
- Wholesale Strategy
Wholesale Strategy team works directly with senior management across the businesses and regions to determine the optimal strategy for reaching Nomura's aspirations in the rapidly changing market environment. Team is involved in a diverse range of projects - market entry strategy, business performance review, analysis of Nomura's operating model, acquisition screening and market & competitor analysis.
Internship involves analysing the competitive and general macro / market environment, develop market sizing / revenue pool models at a regional / product level, Work on modelling / forecasting the financial performance of the Wholesale business and Work closely with the strategy team members, business CAOs, finance and other functional teams in different regions and divisions
- Global Risk
Market Risk management works to identify, monitor and control the firm's exposure to risk, analyze stress test results, and provide analysis on new products and businesses. Market Risk managers liaise with the risk managers and traders in the trading centers to help manage their market exposure, set & review risk strategies.
Major activities involve daily analysis and interpretation of the results of risk sensitivities, validation of risk parameters and drill down analysis of less transparent risks and issues of importance to senior Risk Management/Trading Heads. Internship will involve Risk reporting and aggregation and delivering these reports to traders and Front Office senior management.
Trouble-shoot and reengineer the risk reporting process where necessary, daily analysis and interpretation of the results of risk sensitivities across various trading strategies. Monitor & understand the external market. Monitor the P&L and tie-up P&L with risk
- Finance Global Support
Nomura Powai Finance is an integral part of the Global team, providing support to the various functions namely Treasury, Financial Control and Tax, GIF, Product Control, FP&S, ESS and Core Finance. The department's primary focus is to provide best in class service forthe identified activities based on the capabilities and experience that the Powai Finance team has assimilated over a period of time. With a team of experienced, qualified and highly motivated young individuals, we support the Organization to successfully achieve what it is striving to be - a Global Leader.
We would like to invite application from students appearing for CA final examination. The eligibility criteria are as follows: Minimum 60% in Senior Secondary, Higher secondary and graduation; Cleared CA Intermediate examination in first attempt; Candidates should possess good communication skills, ability to work in team; Proficiency in MS Office Suite. To apply please write to "indiacampusprogram@nomura.com" with a subject line "Industrial Trainee"
- Investment Banking Division (IAG)
The IAG internship program has been carefully constructed to provide a good mix of theory and practice to maximise learning for the interns. Interns are assigned to an industry sector for their projects. The program requires interns to understand sector dynamics, identification of investment opportunities, basic valuation, in-depth analysis which includes valuations of the targets and recommendations and results. -Interns also gets opportunties to work on real assignments with their shadowee buddies including profiles, comparable company analysis and other pitch-related work.
- Information Technology Division
In Technology we focus on facilitating business growth by building and supporting a scalable global front to back infrastructure, whilst continuing to control operational risks and costs.
Technology team is pivotal in designing & engineering our vital information technology and risk management systems to support an ever expanding demand. Professionals in this team work in tandem with world class technologists and gets hands on experience in working with latest computer science technologies off the shelf.
The internship program offers a platform to interns to work on real-life scenarios, get on the job training on cutting edge technology, execute project work and enable transition of interns from campus to corporate world.
- Human Resources
The Human Resources internship program gives an opportuntiy to an intern to work on a day to day basis with the team/project guide executing typical, real-life assignments. The program provides a first-hand experience to the intern of the future role.
- Compliance Program
The Core Compliance team consists of a dedicated workforce whose primary purpose is to ensure that adequate policies and procedures are put in place and adhered to, thereby ensuring complete corporate governance and also making sure that all the actions carried out by the firm in Powai conform with the rules and regulations prescribed by the relevant regulators.
The internship program provides an opportunity to work with different teams within Compliance. This rotation program provides thorough insight to interns on Complaince practices of an Investment Bank.