2027 Quantitative Risk Management Summer Analyst Program

About the role

Nomura's 2027 Quantitative Risk Management Summer Analyst Program offers a 10-week internship in New York, providing hands-on experience in market risk, risk methodology, and model validation within the Risk Management Division.

Program Details

• 10-week summer analyst program in New York City.
• Not a rotational program; focused exposure to risk management teams.
• Opportunity to work as full team members with mentorship.
• Extensive interaction with professionals through seminars and social events.
• Exposure to financial and non-financial risk oversight.
• Integral to full-time recruiting process.

Roles and Responsibilities

• Market Risk: Manage risk of traded positions in fixed income and equities.
• Risk Methodology Group: Develop and improve risk models for capital calculations.
• Model Validation Group: Validate and govern quantitative models used in trading and risk.
• Perform statistical analyses and benchmark model outputs.
• Review model documentation and prepare validation reports.
• Collaborate with Front Office Quants and stakeholders.

Requirements

• Pursuing postgraduate degree in Financial Engineering, Mathematics, Statistics or related field.
• Graduating between December 2027 and June 2028 in the U.S.
• GPA of 3.5 or higher.
• Authorized to work in the U.S. without visa sponsorship.
• Strong communication and interpersonal skills.
• Proficient in Microsoft Office and motivated self-starter.

Compensation

• Annualized base salary of $95,000 for the internship.
• Non-exempt position eligible for overtime per state and federal laws.