2027 - Global Markets Digital Office - Summer Internship (Quants & Strats) – London (For 2028 Graduates)

About Nomura

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 its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Driven by the insights of 26,000 people worldwide, Nomura puts clients at the center of everything it does, delivering access to and within Asia.

Wholesale Digital Office

The Wholesale Digital Office (WDO) is responsible for Nomura’s work in the realm of digital disruption within financial markets. The team focuses on four primary areas: eTrading Strategy, Fixed Income Quantitative Research, New Business, and Systematic Trading and Research.

The WDO team brings diverse expertise including Global Markets domain knowledge, quantitative research, machine learning, low-latency algorithm development, and disruptive investment. The team primarily focuses on Global Rates, FX, and Credit, as well as investments in Fintech and Digital Assets. Collectively, the team moves from idea to research, development, and production oversight, and plays an integral role in Nomura’s go-forward strategy, offering a cross-regional and cross-product perspective across major global financial centres.

Programme Overview

Through the nine-week Internship Programme, you will experience the possibilities of a career in banking. The internship is an opportunity to understand the culture, build new networks, and gain valuable on-the-job training. Internships also serve as preparation for subsequent full-time roles, and Nomura will extend full-time offers to strong performers.

Summer Analysts in the WDO team will work within one of the four key areas: eTrading Strategy, Fixed Income Quantitative Research, New Business, and Systematic Trading and Research. You will also work alongside partners in Trading, Structuring, and Sales. The internship is a nine-week placement within the WDO team, working on real projects with direct value to Nomura’s business under supervision from experienced team members.

Training

Summer Analysts will receive extensive training to build the skills needed to perform well during the internship. The programme includes training in Financial Markets, Bloomberg, Excel, Conduct Risk, and a variety of division-specific activities.

Throughout the Internship Programme, you will be supported by a buddy, mentor, and dedicated programme management team.

What’s Your Role?

• Strats: Research and development of mathematical models and algorithms used in the trading business for market making, principal risk taking, and portfolio management for both the systematic trading team and the broader Nomura Wholesale business.
• Quants: Development of mathematical models for pricing and risk managing derivative trades in partnership with trading desks, and implementation in the firm’s trading systems.
• New Business: Support research or analysis of disruptive technology investments, including Fintech and Digital Assets.

What Are We Looking For?

Nomura aims to attract and develop exceptionally talented people who share a passion for individual excellence and a commitment to teamwork. The programme recruits graduates and interns with strong academic and extra-curricular achievement who can thrive in a rapidly changing, demanding, and rewarding environment.

The WDO requires an exceptional level of technical quantitative skills. As an intern in the WDO team, you should be in your penultimate or final year at university, studying for a BSc, MSc, or PhD in Mathematics, Computer Science, Data Science, or other subjects with strong quantitative and technical elements.

• Fluency in English is essential.

How to Apply

You can only submit one application per recruitment year (Sep 2026 – Aug 2027), and all applications must be submitted online via www.nomura.com/careers.

This role is open to 2028 Graduates.

Nomura recruits on a rolling basis and encourages applicants to apply early.

Diversity & Inclusion

Nomura is committed to an employment policy of equal opportunities and is opposed to any less favourable treatment of existing or potential staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender, or sexual orientation.

If you require assistance or reasonable adjustments due to a disability or long-term health condition, please contact the team.

Right to Work

The UK Government has taken steps to reduce net migration by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Nomura may consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) only where evidence shows there are no other suitable candidates for the vacancy from inside the EEA. Please contact Nomura if you require any personal assistance or physical adaptations for your appointment.

A member of staff will be happy to help.