Risk - Summer Internship London, England
Job description
Who we are
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 centre of everything we do, delivering unparalleled access to, from and within Asia.
Corporate Infrastructure overview
Our Corporate Infrastructure business areas are what underpins the success of the entire organisation. These are the functions that support the business, helping us deliver innovative financial solutions that set Nomura apart in the global marketplace. In our highly competitive and fast-paced industry, strong infrastructure teams are fundamental to our success. Work in these areas with us and you’ll be operating at the forefront of your field, as well as gaining a valuable insight into how Nomura operates on a global scale.
The Risk Summer Internship Programme aims to give you exposure into Operational Risk, New Business Group, Credit Risk and Market Risk.
Programme overview
We offer a nine-week Summer Internship for penultimate year students interested in learning about the banking business. The programme will provide you with the opportunity to develop your technical knowledge, gain valuable on-the-job training, understand our culture and create new networks.
The first week of the internship is class-room based training which is provided to enhance your key technical skills and will enable you to perform in your team during the internship. Following the training week, you will join one of our Risk Teams for the remaining of the internship and complete tasks at a similar level of a first year Analyst. At the end of the internship, strong performers will receive offers to join our Graduate Programme.
Additional sessions during the internship include soft skill sessions, product presentations, business overviews as well as social events.
Training
Summer Analysts will receive extensive training to enhance the skills they need to perform well during their internship. As part of the Corporate Infrastructure Summer Programme you will receive training which will include business overview presentations, structured class room seminars, internal training by business representatives and team-building with colleagues. You will receive ongoing performance feedback and have access to division specific educational sessions designed to aid your professional development. Managers will focus on your career development and dedicate their time to coach and mentor you, helping you realise your full potential.
Throughout the Internship Programme you will be supported both by a buddy, mentor and dedicated programme management team.
What’s your role?
Through this programme, you will gain in-depth knowledge of risk whilst being exposed to a wide breadth of risk disciplines, such as:
Operational Risk Management: You will work across our business functions to ensure they are managing their operational risks effectively. Using tools such as event reporting, KRIs, Risk Control Self Assessments (RCSAs) and scenario analysis, you will assist in the various aspects of the Operational Risk lifecycle, i.e. identification, assessment, remediation and monitoring, of Operational Risks identified.
New Business Group: Working with the New Business Group Managers, you will engage with a variety of business units and corporate functions, in several aspects of the New Product and New Transaction review and approval process, to ensure all new products and transaction have gone through the appropriate due diligence and to help support strong corporate governance and risk management.
Credit Risk: Alongside our credit officers, you will analyze the credit quality of hedge funds, corporates and financial institutions before we take them on as clients. You will obtain an overview of rating analysis, trading limits, reporting and advice provided by the Credit Risk analysts in managing our counterparty exposure.
Market Risk: Focused on fixed-income you will evaluate our exposure in cash and derivatives, making sure all relevant data is recorded and used in daily risk calculations. You will work with the Market Risk Managers gaining insight into trading limits and mandates, market risk reporting and how they work with the business to identify and analyze market risks and concentrations.
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.
As an intern, you should be in your penultimate year at university. The role requires appreciation of modern data science techniques.
Fluency in English is essential.
How to apply
Please note that you can only submit one application per recruitment year (Sep 2023 – August 2024) and that all applications must be submitted online via: www.nomura.com/careers
To apply for a 2024 Summer Internship position, candidates should be available for full time employment in July 2025 as we only accept applications for this programme from penultimate year students graduating in 2025.
Deadline dates & Visa sponsorship
Application Deadline: 1st December 2023
We recruit on a rolling basis and encourage applicants to apply early. Please note Nomura do accept and consider applications from overseas students from outside the UK and will provide support and assistance with the visa application process as best we can.
For further information about Nomura, please visit www.nomura.com/careers
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.
