熟练掌握Java, Spring, CyberArk, RDBMS 职位描述 野村信息技术 九月岗位概览 简历投递须知 投递方式 ：请将英文简历直接发送至：hr-china@nomura.com 邮件主题 ： NTSH Application – Name * 如果有偏好的岗位需要申请，请在正文中标注清楚。 * 岗位级别年限要求：Analyst (2Y+), Associate (5Y+), Vice President (8Y+) 野村信息技术常年招聘各个级别的Java后端开发工程师， 如有兴趣欢迎随时投递。 招聘岗位 加 入 我 们 集团平台服务与工程部（GPSE） — Associate — Lead Software Engineer 任职要求 能够为复杂的数据密集型应用程序创建布局和组件，重点关注实时交易工作流、聊天 界面、仪表板、警报和通知等桌面工具 实施全面的测试策略，包括单元测试、集成测试、性能测试和用户验收测试 关于我们 野村 是一家拥有全球网络的金融服务机构。野村荟萃东西、联通市场，为个人、机构、企业和政府客户 提供财富管理、投资管理与机构业务（全球市场和投资银行）、银行业务的服务。野村成 ...

Core Insights - The article highlights the successful completion of the Nomura Information Technology (Shanghai) 2025 Summer Internship Program, emphasizing the growth and learning experiences of the interns during their two-month tenure [1]. Group 1: Internship Experience - Interns reported significant personal and professional growth, gaining a comprehensive understanding of the financial IT industry, teamwork, and workplace dynamics [3]. - Key takeaways from the internship included technical skill enhancement, particularly in managing access permissions in high-security environments, and the application of theoretical knowledge to real-world projects [4]. - The importance of teamwork and communication was underscored, with interns learning to think more rigorously and engage proactively with colleagues to ensure system stability [4]. Group 2: Company Culture - Nomura's culture is characterized by a balance of professionalism and openness, with a strong emphasis on IT stability and security throughout the internship [7]. - The supportive team environment facilitated quick adaptation for interns, with colleagues and mentors readily sharing their experiences and insights [7]. - The company culture promotes a high degree of freedom for employees, provided that work quality and deadlines are met [7]. Group 3: Preparation for Transitioning to the Workplace - Transitioning from university to the workplace requires preparation in three key areas: mastering professional knowledge and practical tools, adopting a responsible and proactive mindset, and gaining practical experience through internships or projects [8]. - A shift in thinking is necessary, as the workplace has less room for error compared to academic settings, necessitating a focus on teamwork and basic workplace communication etiquette [8].

Core Viewpoint - The cumulative tariff rate imposed by the US on Indian goods has reached 50%, which includes a 25% retaliatory tariff and a 25% punitive tariff, effective from August 27 [3][4]. Economic Impact - The GDP growth forecast for India in FY2026 has been revised down from 6.2% to 6.0% due to the impact of higher tariffs, assuming the punitive tariffs last only three months [3][6]. - If the tariffs remain at 50% for the entire FY2026, the GDP impact could be approximately 0.4 percentage points, or an annualized rate of 0.8 percentage points [6]. - The US is India's largest export destination, accounting for nearly 20% of total exports (approximately $86.5 billion), which represents about 2.2% of FY2025 GDP [6]. - Key export sectors affected include electronics, textiles, gems and jewelry, pharmaceuticals, chemicals, industrial machinery, and household goods [6]. Response Measures - The Indian government is expected to implement targeted fiscal and credit support, including an "export promotion plan" worth ₹250 billion (approximately 0.07% of GDP) to mitigate the impact of higher tariffs [7]. - Monetary and liquidity support is anticipated, with expectations of rate cuts in October and December due to moderate inflation and slowing growth [7]. - Reforms are being introduced, including changes to the Goods and Services Tax (GST) and a new income tax bill aimed at simplifying tax laws [7]. - In the medium term, India is expected to focus on diversifying its export markets [7].

Core Viewpoint - Nomura Group's summer internship program emphasizes community service and social contribution, allowing interns to engage in meaningful activities that give back to society [1][11]. Group 1: Internship Activities - In Singapore, interns collaborated with the social enterprise HeySprouts to support special needs groups, packaging and distributing fresh food to 200 families [3]. - In Hong Kong, interns participated in a soap recycling project with Soap Cycling, recovering over 1 kilogram of soap waste and handcrafting more than 50 bars of soap for OneSky-supported families, guided by disabled youth from the SOAPER Work training program [8][10]. Group 2: Personal Impact and Values - Interns expressed pride in Nomura Group's support for local community initiatives, with personal reflections on how these experiences resonate with their values and inspire future volunteer opportunities [6].

Core Views - The core consumer price index in July increased by 0.322%, aligning closely with expectations, but the details indicate a dovish stance for the core personal consumption expenditures price index [1][2] - Inflation risks are still tilted upwards, with tariff-related price pressures continuing to manifest in goods inflation, particularly as auto manufacturers transition to new model years [3][4] Economic Outlook - The company anticipates that the Federal Reserve will lower interest rates in September, followed by further cuts in December and March of the following year, as employment data shows significant deterioration and inflation pressures are lower than previously feared [4][5] - Despite the economic growth outlook worsening since June, there are no signs of stress in the labor market or financial conditions, which reduces the likelihood of a 50 basis point rate cut [5] Inflation Dynamics - The core personal consumption expenditures price index forecast for July has been revised down to a month-on-month increase of 0.243%, suggesting that both year-on-year and three-month annualized growth rates will be slightly below 2.9% [3] - The average month-on-month growth rate for the core personal consumption expenditures price index in June and July was only 25 basis points, lower than the Federal Reserve's June economic forecast of 3.1% for year-end [3]

Core Viewpoint - The article discusses the increasing tension between President Trump and Federal Reserve Chairman Powell, highlighting Trump's pressure for interest rate cuts and the potential appointment of a "shadow chairman" to influence Fed policy [6][7]. Group 1: Economic Policy and Inflation - Trump has suggested that the federal funds rate should be lowered by 300 basis points, citing low inflation as a reason for the Fed to cut rates [6]. - If inflation rises in the next three months, it may complicate Trump's ability to pressure Powell, as he could appoint a shadow chairman to argue that any inflation increase is temporary [6]. - The short-term motivations of the U.S. government could lead to inflationary pressures, which may conflict with the Fed's long-term goals of economic stability [6]. Group 2: Federal Reserve Independence - Despite Trump's negative stance towards the Fed, it is difficult for him to significantly influence its policies due to the strong institutional framework and safeguards in place [7]. - Any new chairman appointed by Trump would still require Senate approval, and monetary policy decisions involve a committee of 19 members, making unilateral influence challenging [7]. - There is a risk that a new chairman aligned with Trump's views could undermine the Fed's independence, which could have detrimental effects on the U.S. economy and market confidence [7].

Core Viewpoint - Nomura Group is launching its 2025-2026 campus recruitment and internship programs, offering diverse positions across various departments to meet students' career development needs [2] Group 1: Recruitment Activities - Nomura will conduct both online and offline recruitment activities in the coming months, including events like "Nomura Carnival" and "Meet Nomura" to engage with potential candidates [2][3] - The "Nomura Carnival" will take place in Hong Kong and Singapore, allowing current interns and employees to share their experiences with students [2] - An Open Day event will also be held in Hong Kong and Singapore to provide insights into different career paths within the company [3] Group 2: Internship and Graduate Programs - Nomura offers three main programs for undergraduate and master's students: Summer Internship Program, Graduate Internship Program, and Graduate Program, with durations ranging from 9 weeks to 2 years [4][5] - The Summer Internship Program lasts 9-10 weeks, starting with training and business awareness courses, providing practical experience in departments like Global Markets, Investment Banking, and International Wealth Management [5][6] - The Graduate Internship Program is a 9-week opportunity for recent graduates to gain experience in sales, trading, product structuring, or research, with support from peers and mentors [7][8] - The Graduate Program spans 1-2 years, offering basic training and potential cross-functional rotations, with ongoing support and feedback from the team [9][10] Group 3: Recruitment Process - The recruitment process at Nomura includes steps from online application to formal onboarding, emphasizing the importance of thorough preparation for interviews [11][12] - Candidates are advised to research the company and departments of interest, articulating their motivations for joining Nomura during interviews [12] - Resources for interview preparation include the company website, press releases, annual reports, social media, and networking with faculty, alumni, and friends [13]

Core Viewpoint - The article discusses the insights of Rob Subbaraman, the global macro research head at Nomura, regarding the anticipated rise in inflation in the U.S. and the potential for stagflation as economic growth slows down in the second half of the year [3][6]. Inflation Drivers - The primary reason for the expected rise in U.S. inflation is the tariff measures implemented by the Trump administration, which have led to widespread price increases [8]. - Despite the current low inflation levels, Subbaraman believes inflation will intensify, predicting that the core Consumer Price Index (CPI) will rise to 3.3% by Q4 [7]. - The second factor contributing to inflation is the immigration policies of the Trump administration, which have resulted in labor shortages in key industries, thereby increasing wage pressures [9]. - Lastly, the Trump administration is expected to implement expansionary fiscal policies ahead of the mid-term elections, which could contribute an additional 0.4% to 0.5% growth to the U.S. GDP but also lead to inflation [9]. Tariff Implications - Subbaraman notes that the impact of tariffs on the U.S. economy may not be as limited as the market currently anticipates, suggesting that the administration may not back down easily from its tariff strategies [10]. - The logic behind the current tariff war extends beyond merely reducing trade deficits, encompassing geopolitical and diplomatic considerations as well [10][11]. - The article highlights a specific case where the U.S. plans to impose a 50% tariff on imports from Brazil, which reflects the broader implications of U.S. trade policies [11].

Core Viewpoint - The Jiangsu Urban Football League ("Su Chao") has gained significant popularity, reflecting the growing demand for entertainment and consumption in the region, which is indicative of economic development stages [1][9]. Group 1: Economic Impact - "Su Chao" serves as a new consumption scene, potentially boosting domestic demand and providing fresh ideas for economic stimulation [9]. - The league's success is closely tied to the cultural and tourism industry, showcasing the effective management and creative strategies of the Jiangsu provincial government [8][15]. - The event has led to increased local tourism, with over 73 million visitors reported on match days, highlighting its economic benefits for cities like Nantong [11]. Group 2: Community Engagement - The league fosters a strong sense of local identity among fans, as each city has its own unique history and culture, contributing to sustained enthusiasm for the matches [8][12]. - The organization of matches has been well-received, with high-quality engagement from both players and fans, indicating a positive community atmosphere [7][8]. Group 3: Future Prospects - The sustainability of "Su Chao" is expected to be high, with potential for further development in local sports infrastructure and youth training programs [12][18]. - Other cities in China can learn from Jiangsu's approach, but must adapt strategies to their unique circumstances to replicate success [17].

Core Viewpoint - The article discusses the insights of Dr. Lu Ting, Chief Economist at Nomura China, on the current state of China's macroeconomy, emphasizing the importance of supply-driven demand and the role of new consumption scenarios in boosting domestic demand [2][4]. Group 1: Economic Growth and Consumption - In May, China's total retail sales of consumer goods increased by 6.4% year-on-year, marking a 1.3 percentage point acceleration from the previous month, with the "old-for-new" policy significantly contributing to this growth [5]. - The sales of household appliances surged by over 50% year-on-year in May, exceeding expectations, indicating a strong retail performance [5]. - The government aims to "greatly boost consumption and improve investment efficiency" as a top priority in its work report, suggesting a strategic focus on expanding domestic demand [4]. Group 2: Structural Economic Changes - The article highlights the ongoing structural transformation of China's economy, shifting from real estate to advanced manufacturing, with recent positive developments attributed to decades of accumulated benefits rather than short-term changes [7]. - The rapid development of China's manufacturing sector, particularly in industrial robotics, is noted, with domestic production rates exceeding 60% and total installations in 2024 surpassing those of other countries combined [7]. Group 3: Policy Recommendations - Dr. Lu emphasizes the need for a stable real estate market and effective debt resolution in the property sector to support consumer wealth, which is crucial for sustained consumption growth [5]. - Enhancing social security and welfare systems, along with addressing income distribution issues, is seen as vital for making consumption a key pillar of stable economic growth [5]. - The article suggests that creating new consumption scenarios, like the "Su Chao" football league, can stimulate demand and enhance local economic activity [6].