Job description

Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.

HSBC is seeking an Asset Based Lending Analyst to join its Asset Based Lending Group. HSBC’s Asset Based Lending Group supports the bank’s Middle Market, Large Corporate and Global Banking segments targeting domestic and international companies with annual revenues ranging from $50MM to $5BN. Based in NYC, the group is looking for someone to work in tandem with Senior Underwriting Managers, Senior Portfolio Managers, and Relationship Managers across the U.S. and globe. Primary roles and responsibilities include financial statement spreading, underwriting (collateral and financial analysis), and the execution, including loan documentation negotiations, of existing bank customers credit requests and ongoing portfolio supervision.

Here’s what you can expect:

As our Asset Based Lending Analyst, you will be ensuring financial due diligence, financial modeling, legal diligence and general business diligence are being upheld throughout the loan origination process. This will involve preparation of final credit approval memos consisting of company and industry summaries, collateral analysis, financial analysis. This process includes the preparation of base and downside case projections and identification of key risks.

For this role, HSBC targets a fixed pay range between $90,000 and $105,000.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.

• Bachelor’s degree in business, finance, accounting, or related field

• One year of asset based lending or general credit training preferred however not required

• Strong planning, negotiations, communications, analytical and organizational skills

• Ability to work well in a team environment, build personal relationships with current and potential clients and demonstrate strong and succinct written and verbal communication skills

• Desire and ability to build personal relationships with current and potential clients

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

HSBC is one of the world’s largest banking and financial services organizations. Our global businesses serve around 39 million customers worldwide through a network that covers 62 countries and territories. Our customers range from individual savers and investors to some of the world’s biggest companies, governments and international organizations. We aim to connect them to opportunities and help them to achieve their ambitions.