Associate - Discretionary Portfolio Manager

Nomura · Singapore

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Company overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment 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

Role Overview

We are seeking an experienced Portfolio Manager with a strong quantitative background to manage multi-asset portfolios and develop proprietary investment models. This role combines hands-on portfolio management of long-only global mandates with quantitative research and model development. The successful candidate will leverage their analytical expertise to enhance our investment process while actively managing client portfolios across equities, fixed income, and alternative assets.

Key Responsibilities:

Portfolio Management & Investment Execution (70%)

Portfolio Management

• Manage discretionary portfolios and fund mandates across multiple asset classes, including equities, fixed income and alternatives
• Develop and implement discretionary, quantitative and systematic investment strategies across asset classes.
• Integrate quantitative signals, fundamental research and market views into portfolio construction, asset allocation and risk management.
• Ensure portfolio strategies are aligned with the bank’s overall investment philosophy, client objectives and mandate constraints.
• Execute portfolio investment decisions, trading activities and order placement across equities, fixed income, mutual funds and alternatives.
• Construct and manage fixed income portfolios, including bond selection, duration management and credit analysis.
• Contribute to equity portfolio construction through security selection, quantitative screening and factor-based analysis.

Quantitative Investment Strategies

• Research, develop, back-test and implement systematic investment strategies across asset classes.
• Develop quantitative signals and investment frameworks for asset allocation, security selection, portfolio construction and risk management.
• Research and evaluate factor-based strategies, alternative risk premia and other systematic sources of return.
• Translate quantitative research and market insights into investable strategies suitable for discretionary portfolios.
• Develop portfolio optimization, risk allocation and systematic portfolio rebalancing frameworks.
• Build and enhance quantitative tools and analytics to support investment decision-making and portfolio management.
• Monitor and evaluate systematic strategies, including performance attribution, signal efficacy and robustness across different market environments.

Risk Management & Compliance

• Monitor and manage portfolio risks including market, credit, liquidity, and concentration risks
• Ensure adherence to DPM risk guidelines and client-specific investment restrictions
• Conduct scenario analysis and stress testing on portfolio holdings and strategies
• Perform portfolio attribution analysis to evaluate performance drivers

Research & Analysis

• Conduct fundamental and quantitative (quantamental) research across asset classes, investment strategies and market opportunities.
• Generate actionable investment ideas using a quantamental approach (quantitative signals, fundamental research) and market analysis.
• Research new discretionary and systematic strategies relevant across different market environments.
• Prepare investment recommendations supported by clear investment rationale and risk-return analysis.
• Monitor portfolio holdings, quantitative signals and market developments on an ongoing basis.

Client Support

• Support the development of discretionary mandates tailored to client objectives.
• Prepare investment pitch books and review documents to support client discussions
• Conduct portfolio analytics and performance attribution for client reporting
• Assist with portfolio administrative duties as required

Marketing & Business Development (30%)

• Collaborate with the marketing and sales teams to drive the growth of the DPM business and AUM growth
• Present DPM products and investment strategies to Relationship Managers
• Contribute investment views and portfolio content to Relationship Manager team updates
• Develop innovative communication strategies and campaigns for internal distribution
• Participate in client meetings and presentations as needed

 Requirements

Education & Credentials

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science or related quantitative field;

Experience

• 10-15 years of experience in portfolio management, quantitative research, or investment analysis
• Proven track record managing multi-asset portfolios, preferably long-only global mandates
• Hands-on experience developing quantitative investment models or systematic strategies
• Strong understanding of portfolio construction, optimization, and risk management techniques

Technical Skills

• Advanced proficiency in quantitative programming languages (Python, R, MATLAB, or similar)
• Experience with portfolio management systems and order management platforms
• Strong knowledge of statistical analysis, econometrics, and financial modeling
• Familiarity with backtesting frameworks and performance attribution systems
• Proficiency in Excel, Bloomberg, and other financial data platforms

Investment Knowledge

• Deep understanding of multi-asset investing across equities, fixed income, and alternatives
• Strong grasp of quantitative investment strategies including factor investing, risk parity, and systematic allocation
• Knowledge of derivatives and hedging strategies
• Understanding of global markets, macroeconomic drivers, and market microstructure

Soft Skills

• Excellent analytical and problem-solving abilities
• Strong communication skills with ability to explain complex quantitative concepts to non-technical audiences
• Collaborative team player with ability to work across functions
• Detail-oriented with strong organizational and time management skills
• Self-motivated with ability to work independently and take initiative

Nomura Leadership Behaviours

• Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
• Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
• Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
• Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion: Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Nomura Leadership Behaviours

• Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
• Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
• Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
• Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion: Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

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

DISCLAIMER:  This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time. 

Nomura is an Equal Opportunity Employer

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