We have a number of exciting internship opportunities across Investment Banking, Global Markets and Corporate Infrastructure.
*Fluency in the European language of the regional office is a pre-requisite.
The Global Markets internship program in London take place each summer for Analyst interns.
The process: Your internship program will consist of two or three placements across different functions of the Global Markets division. The teams you are placed in will depend on our organizational needs at the time but we will also take into account your preferences and skills you demonstrate at interview.
What’s involved?
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. Roles could include:
- Sales - Develop and maintain strong relationships with the firm's clients which include banks, pension funds, hedge funds, insurance companies and corporate clients. Sales colleagues are responsible for delivering the capabilities of the firm in the form of services and products that best suit the clients’ needs.
- Trading - Control and manage the firm's exposure to the markets by buying and selling securities and providing liquidity (market-making). Traders work together with sales, structuring and research in the development of trading strategies for our clients.
- Research - Provide internal and external views and published research on sectors, companies and markets. Deliver insights, investment ideas and strategies for asset managers and internal clients that assume market risk.
- Structuring - Design and develop innovative products and strategies that are tailored to specific client needs. Structurers work together with sales, trading and research to analyze the risk exposure of the firm’s clients, and deliver tailor-made solutions that address their needs.
The process
The teams you are placed into during your rotational internship program will depend on our organizational needs at the time but we will also take into account your preferences and skills you demonstrate at interview.
Feedback
You will receive constant feedback throughout your internship. At the start of the program you will be assigned a mentor and a buddy. Both will review your performance and offer you any help and advice you might need.
You can find out more from our graduates and their experiences here.
The Investment Banking internship program in London is open twice a year in January & June for a 6 month London & Paris rotational program and in June for 10 week summer interns.
Our continental offices in Europe offer 3 to 6 month Analyst internships year round in Amsterdam, Frankfurt, Paris, Milan, Madrid.
Internships are designed as a spring-board to a career in investment banking. We will give you exposure to the challenges and opportunities a full-time Analyst will have in their first year with us.
What’s involved?
In addition to on-the-job experience, you will benefit from a series of training modules that will help you develop key professional skills. There will be a range of networking events with senior Nomura bankers and seminars to give you an in-depth knowledge of the division. This internship program is the ideal opportunity for you to learn more about investment banking. The types of activities could include:
- Deal execution - You will work closely with clients and execution teams (lawyers, accountants, consultants and bankers) on mandated transactions, including mergers and acquisitions, divestitures, capital raisings and restructurings.
- Client relationship management - We want to see you generating and presenting ideas at client meetings alongside senior bankers.
- Strategic analysis - We will train you to produce financial, structural and business risk analysis to support transactions and client presentations.
The process
You will be placed in one team during your internship (or if you are part of the 6 month rotational program you will complete two 3 month rotations. Whichever team you are assigned to, you will benefit from a range of invaluable experiences that will give you a clear head-start on a career at Nomura.
Feedback
There will be constant feedback throughout your placement. At the start of your program, you will be assigned a mentor and a buddy who will review your performance and offer you any help and advice you might need.
You can find out more from our graduates and their experiences here.
Our Compliance Programs aim to provide you with exposure to our Regulatory Affairs, Financial Crime and Control Room. Our programs include a 10 week summer internship for penultimate and final year students or 12 month industrial placements.
What’s involved?
Depending on the team you join, responsibilities could include:
Regulatory Affairs, Risk Assessment and Employee Compliance - Spending time in this team will give you the opportunity to gain exposure and experience on a wide range of regulatory issues and priorities, which impact the firm – not just in Compliance but across Finance, Risk Management and other areas of the business.
Financial Crime - Monitoring compliance with various international sanctions regimes including reviewing client data and beneficiary and originator information contained within inward and outward wire payments, undertaking automated transaction surveillance against client activity to review for potential suspicious or unusual activity, review client activity for higher risk clients including conducting due diligence research and transaction reviews, investigating unusual or suspicious transactions or activity which may constitute money laundering and/or a serious crime, ensuring compliance with anti-corruption and anti-bribery legislation including reviewing introducing broker, finder and consultant arrangements, conducting periodic PEP reviews and quality assurance checks over client due diligence reviews.
Control Room – The EMEA Control Room team has responsibility for handling research clearance, maintaining the Firm’s Watch and Restricted Lists, conducting transactional conflicts checks, tracking Chinese wall crossings, significant position disclosures and other associated Control Room tasks including Personal Account Dealing clearance, Surveillance and Investigations.
During your internship, you can expect to gain an understanding of the different products (equities, bonds, futures, options, swaps, exotic derivatives, quant and the like). You will also build your knowledge of risk management methods and techniques (variance-covariance, historical simulation, stress testing, maximum potential exposure) and live trade analysis.
Our Finance summer Analyst program is a 10 week program for students in their penultimate and final year. As a summer Analyst, you will be trained, placed in a business and encouraged to develop your skills. We will give you the opportunity to see how our Finance division functions and the role it plays in our business as a whole.
You will take on responsibility from day one, building strong working relationships and facing challenges as a full member of the team. As you progress in your internship, you will have the opportunity to take on extra responsibility, which will help you gain knowledge and experience, which will be vital to your career.
What's involved?
Finance plays a pivotal role in our business and you will help our division provide expert and timely advice throughout all banking divisions. Depending on the team you join responsibilities could include:
Treasury - Understand key drivers for liquidity for Nomura entities, analyse the liquidity position of Nomura entities, manage the liquidity systems and data feeds that support stress testing for certain business / product lines, and provide commentary to Treasury management on changes in the liquidity profile of individual entities.
Product Control - Review daily trading activity to ensure correct accounting and P&L recognition treatment, perform independent price testing of trading portfolios using market data and internal models, conduct P&L discussions with trading desks at the end of each day, provide explanation of trading P&L and reporting to Product Control, and management of the consolidated weekly, monthly and quarterly commentaries.
Financial Resource Management - Understand the balance sheet and capital position of Nomura entities, analyse key issues around P&L, balance sheet and capital management, manage databases and modelling projections of financial resources into the future, and provide inputs into internal and external communication around key challenges and solutions for resource related issues.
Tax – Assist with the preparation of UK corporate tax returns to meet all UK group compliance obligations, assist with the EMEA quarterly tax provisioning / reporting process, become familiar with key concepts within Corporate and VAT tax law, and advise on operational tax matters including withholding tax obligations and various stamp duties. As well as a wide exposure to Nomura and on-the-job experience, you will receive structured training, a buddy and a mentor who will provide you with advice and guidance, as well as answer any questions you have regarding your career development.
You can find out more from our graduates and their experiences here.
As part of the Operations team, you will be responsible for the management and execution of transactions in a way that maximizes profitability and minimizes risks. The division's main responsibility is to process, control and settle all Nomura's transactions and as a result you will work closely with Sales, Trading and IT teams and develop innovative and efficient approaches to our clients’ investment, liquidity and risk management needs.
Our Operations programs include a 10 week summer internship for penultimate and final year students, or 12 month industrial placements. As part of all programs, you will be trained, placed in a business and encouraged to develop your skills. You will contribute as a full and valued member of the team, assuming responsibilities similar to those of a first-year Analyst.
What's involved?
From day one, you will work as a full member of the team on projects that have a real effect on our business. You will focus on maintaining exceptional corporate support to our global business and take on extra responsibilities as you progress through the program.
We will also supplement on-the-job experience with a comprehensive training curriculum designed to provide you with professional skills, industry knowledge and development opportunities. This training includes management-led overviews and presentations by internal and external experts on relevant financial products and market topics. We see the Summer Analyst Program as the primary source for hiring full-time Analysts - which makes this a smart move for those looking for a career in Operations.
You can find out more from our graduates and their experiences here.
Technology at Nomura involves working with, and designing, state-of-the-art information technology and risk management systems. These are the systems that can often give us that crucial, split-second edge over our competitors. Work ranges from infrastructure support and deployment to in-house development of complex modelling software and applications.
Our Technology programs include a 10 week summer internship for penultimate and final year students or 12 month industrial placements. As part of both programs, you will be trained, placed in a business and encouraged to develop your skills. You will contribute as a full and valued member of the team, assuming responsibilities similar to those of a first-year Analyst.
What’s involved?
These programs will give you the opportunity to develop new applications that keep us at the forefront of technology. You’ll develop an impressive level of technical knowledge, using a range of packages (VB, SQL, Perl, C++, Java, XML, XSLT, JSP). As well as this, you’ll gain an understanding of different financial products, and build a valuable knowledge of risk management techniques and live trade analysis.
During your internship, you can expect to gain an understanding of the different products (equities, bonds, futures, options, swaps, exotic derivatives, quant and the like). You will also build your knowledge of risk management methods and techniques (variance-covariance, historical simulation, stress testing, maximum potential exposure) and live trade analysis. From day one, you will work as a full member of the team on projects that have a real effect on our business. You will focus on maintaining exceptional corporate support to our global business and take on extra responsibilities as you progress through the program.
We will also supplement on-the-job experience with a comprehensive training curriculum designed to provide you with professional skills, industry knowledge and development opportunities. This training includes management-led overviews and presentations by internal and external experts on relevant financial products and market topics.
You can find out more from our graduates and their experiences here.
The Risk team focuses on identifying and analysing the wide range of risks to the firm so that senior management can make informed decisions based on a good understanding of the risks associated with its business activities
What's involved?
Depending on the team you join, responsibilities could include:
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 in to trading limits and mandates, market risk reporting and how they work with the business to identify and analyze market risks and concentrations.
You can find out more from our graduates and their experiences here.