Asset-Based Opportunistic Private Credit Investor - Vice President

Corporate Title: Vice President

Department: Nomura Capital Management (NCM)

Location: New York, NY (hybrid)

The base pay range for this position at commencement of employment is expected to be between $225K - $300K/yr*

 

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.

 

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

As part of its efforts to expand its investment management business in the Americas and enhance its overall offering, Nomura Holding America Inc. has established a new business line – Nomura Capital Management (NCM). NCM will focus on providing RIAs and their clients with access to private markets.  The first strategy brought to market provides diversified exposure to private credit sectors through a closed-end interval fund structure. The second fund launched is a private credit drawdown strategy.  Additional products/strategies will be developed in other private markets such as real estate, infrastructure, private equity or venture capital (e.g., potentially including non-traded REIT/BDCs, open/closed-end private funds or similar structures).

 

Overview of Position:

Nomura Capital Management (NCM) is seeking to recruit a seasoned execution vice president to work on the Opportunistic Private Credit Team with a real estate focus.  The candidate will play a critical role in managing deal execution and working closely with senior leadership to deploy capital effectively.  The Opportunistic Private Credit Team invests capital out of two vehicles, an interval fund and a private credit draw down fund, on behalf of 3rd party clients.  The funds have an asset-based focus, of which real estate (both commercial and residential) is a significant component.  The initial focus will be executing transactions on behalf of both funds. 

As the business grows, it is envisioned the experienced vice president’s role will also encompass sourcing and origination.  The experienced execution vice president will have 6-10 years of credit experience across residential, commercial real estate, and structured credit.  Prior experience should include securitized products such as RMBS and CMBS, as well as whole loans, B notes and Mezz.  The ideal candidate will be results oriented, data-driven and committed to generating strong risk-adjusted returns for our investors.  In addition, the candidate will need to be able to succinctly articulate his/her ideas both internally and externally with borrowers, lawyers, advisors etc. to be successful at driving outcomes.       

Responsibilities:

The successful candidate will have a demonstrated track record investing across a variety of real estate private credit instruments (mortgages, whole loans, CMBS, Mezz).  In addition, familiarity with other commercial and consumer asset-based sectors is helpful.  This candidate will leverage their prior experience, network and the broader NCM and Nomura organizations to deploy capital in a consistent, methodical way to generate superior risk adjusted returns.  Responsibilities include but are not limited to:

 

• Perform fundamental credit analysis to structure and underwrite asset-based investment opp