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.

We are looking for an Assistant Vice President to join the 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 Portfolio Managers and Relationship Managers across the U.S. and globe. Primary roles and responsibilities include of existing bank customers credit requests and ongoing portfolio supervision.

Here’s what you can expect:

As our AVP Asset-Based Portfolio Manager, you will advise on the risk of existing bank customers and new customer credit requests. This will likely include assisting in the end-to-end process from underwriting (collateral and financial analysis) and the execution (loan documentation, negotiations, etc.). In addition, you will develop effective strategies in managing customer relationships, ensuring quality service for all customers and relationship profitability. As a leader in the Asset-Based Lending Group, your typical day will involve interacting with key internal partners and groups including Relationship Managers, Financial Sponsors Group, Leverage Finance, Collateral Examination Group, Capital Markets, various Industry Verticals, internal Credit Approvers and In-House Legal as well as various third parties including Company Management, external Legal Counsel and Collateral Appraisers.

For this role, HSBC targets a fixed pay range between $87,900 and $131,800.

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

• Minimum of 2-3 years proven and progressive commercial lending/credit experience or equivalent

• 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

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.

In our world, you’ll build a career unlike any other. With 200,000 employees and 40 million clients across the globe, we give you greater opportunities, clearer purpose and more meaningful growth. You can be different too. Here, everyone belongs. Skills are the priority, not what you’ve studied. Through structured development programs and so much more, even you’ll be surprised to learn whether you thrive more in our digital labs or on a trading floor. Whether you’re an investment banker, relationship manager or researcher, you’ll shape your path and enjoy all the benefits that come with being part of something bigger.