Analyst, Liquid and Capital Markets

About the role

The Opportunity

The Analyst, Liquid and Capital Markets will be a key member of Nearwater Capital's Origination & Structuring team, supporting the firm's growing Liquid and Capital Markets businesses.

This is a generalist analyst role with real ownership. You will have exposure to every stage of a financing transaction — from initial client pitch through documentation, negotiation, and handoff to the Trading team. You will work closely with internal teams including Legal, Trading, Operations, and Compliance, as well as client and counterparty teams, to help source, structure, and close transactions with G-SIBs and SIFIs.

This role suits someone who is intellectually curious about how financing markets work, comfortable with ambiguity, and eager to build deep expertise in an area that sits at the cutting edge of institutional finance.

What You'll Do

Support transaction execution

Support end-to-end execution of financing transactions, from structuring through close

Build and maintain cash flow models for pricing and analyzing financing structures

Review and mark up legal documentation including ISDAs, CSAs, MRAs, and MSLAs

Coordinate across Legal, Trading, Operations, Compliance, Finance, and IT to advance transactions on tight timelines

Drive client and marketing support

Prepare pitch books, term sheets, and marketing materials for client meetings

Participate and brainstorm with the Origination team to support the origination and coverage process

Develop a working knowledge of counterparty needs (Basel III capital ratios) and translate them into viable financing structures

Build process and infrastructure

Identify and implement workflow improvements and automation opportunities across the origination lifecycle

Help establish service standards and working relationships with Treasury, Finance Operations, and Risk Management

Ensure consistent application of firm policy and adherence to regulatory and legal obligations

What We're Looking For

Some front office experience in banking, asset management, markets, trading, or sales, with a strong academic background

Prior internship experience in banking, asset management, markets, trading, or sales

Working knowledge or curiosity around financing instruments: repo, securities lending, TRS, and/or commercial paper

Strong financial modeling skills in Excel; proficient in PowerPoint

Exceptional attention to detail and organizational discipline

Clear, confident communicator — written and verbal

Comfortable working in a lean, fast-moving environment where priorities shift quickly

Exposure to bank regulatory frameworks (LCR, RWA, GSIB surcharge) is a plus but not required

How You Work

Low ego, high ownership — you do what needs to get done

Genuinely curious about markets and how institutions manage their balance sheets and scarce resources

You take initiative and are resourceful when faced with ambiguity

You communicate clearly and work well across teams

You are eager to grow into a structuring and origination professional over time

What You'll Get

Exposure to every stage of a financing transaction, from pitch to close, across some of the world's largest financial institutions

The opportunity to collaborate closely with Trading, Legal, Risk, Operations, and Compliance, building a strong cross-functional foundation early in your career

Real ownership and responsibility from day one in a small, high-impact team

A fast-paced, intellectually stimulating environment where you will learn something new every day

Ample opportunity for professional growth and a steep career trajectory at a rapidly growing firm

Who We Are

Nearwater Capital is a rapidly growing and innovative specialty finance company headquartered in New York City with a global presence and client base. Established in 2017, Nearwater has distinguished itself as a leader in delivering thoughtful, solutions-based financing to some of the largest financial institutions and financial services firms in the world.

Nearwater offers an attractive market compensation and benefits package. As a creative, intellectual capital firm, Nearwater is proud to be 100% work from office.

Nearwater Capital considers all applicants without regard to race, color, religion, national origin, age, sex, civil status, family status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, membership of the Traveller community, or any other characteristic protected by applicable law in the jurisdiction of employment. By applying, candidates acknowledge that their personal data will be processed in accordance with applicable data protection and privacy laws, including but not limited to the EU/UK General Data Protection Regulation and applicable US state privacy laws.