Analyst/Associate, Acquisition & Leveraged Finance - Global Markets

Company/ Firm Name

Nomura

Location

London, UK

Published Date

25 February 2022

About the job:

Job title: Acquisition & Leveraged Finanace


Department: Global Markets 




Company overview



Nomura is an Asia-headquartered financial services group with an integrated global 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, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com




Department overview



Nomura provides a vast array of advisory and capital-raising solutions to corporations, financial institutions, governments and public-sector organizations around the world. Our global teams act as geographic, product and industry specialists.


The Acquisition & Leveraged Finance (“ALF”) group sits within Nomura’s Client Financing and Solutions (CFS) business and straddles Investment Banking and Global Markets. In Europe, the team has executed over 23 European leveraged finance transactions in the last twelve months, raising over €34bn eq. financing for clients across loans and high yield bonds.


ALF is a single platform providing debt financing for private equity and corporate clients across the sub-investment grade credit ratings spectrum. Our clients can range from a listed corporate client undertaking an acquisition of another corporate or a financial sponsor client undertaking a leveraged buyout or take-private transaction.


  • Acquisition finance works typically with corporate clients advising them on event-driven transactions and acquisition-related debt financing (bridge loans, term loan facilities and bonds)

  • Leveraged finance provides debt financing for leveraged buyouts (LBOs), acquisitions and leveraged refinancings involving a variety of debt products (such as leveraged loans, 2nd lien loans, mezzanine loans and high yield bonds)




Role Description



The role is transaction-oriented, multi-faceted, requires an inquisitive mind with a bias towards problem-solving and consists of three primary responsibilities: (i) management of the portfolio of loan commitments that Nomura has extended to its clients, (ii) active (monthly and quarterly) surveillance and monitoring of that loan portfolio and (iii) participation in the EMEA Capital Commitments process whereby Nomura determines whether to extend new loans and on what terms. 


The role is a central one to decision-making and involves active collaboration between colleagues in Investment Banking, Capital Markets and Credit/Risk Management.



The candidate would participate in all aspects of portfolio management and capital commitments with particular focus on:



  • Portfolio surveillance and reporting

  • Cash flow & financial modelling

  • Detailed credit analysis and evaluation of business and quality of earnings due diligence data

  • Participation on calls with borrowers, sponsors and other lenders

  • Hands-on participation in the internal credit approval and capital commitment processes




Desired profile, qualifications and knowledge required



  • Ability to multi-task efficiently in a fast-paced environment

  • Strong communications skills – ability to interact confidently with banking professionals and clients

  • Team work – experience working in a project based environment with tight deadlines and as part of a broader team

  • Ability to understand companies’ business models and credit analysis in general

  • Strong analytical skills and numerical abilities, including familiarity with financial modelling

  • Experience in leveraged finance is preferred, but not a prerequisite. Candidates may have a background in credit research, corporate finance, credit risk management or they may come from the buyside and are already in a portfolio management role.




Nomura competencies



Trusted Partner


  • Understand clients’ needs and issues, and respond with high-quality proposals

  • Acquire capabilities to perform one’s responsibilities and contribute to being a Trusted Partner


Entrepreneurial leadership


  • Produce new ideas that might challenge the status-quo or oneself


Teamwork


Collaboration


  • Seek advice from senior colleagues and utilize it for improved results

  • Collaborate with members from relevant departments


Influence


  • Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others

  • Serve as role model and provide guidance to junior employees



Integrity


  • Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly





Right to Work



The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.


Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment. A member of staff will be happy to help.




Only successful candidates will be contacted