Job description

At HSBC, the health and well-being of our employees remains of utmost importance. Many of our roles are permitted to work from home (in states in which HSBC is licensed to operate) until further notice. Upon resumption of normal operations, this role may be performed at our New York, New York office.

Our Associate, Institutional Client Group will support the markets coverage staff within sector/country to deepen counterparty relationships and improving income generation through focused business development activities. Acting as the principal point of contact internally for all flow transactional banking elements with the counterparty base and working closely with other relationship and product teams across the world.

About Us

HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfill their hopes and realize their ambitions.

Our Financial Institutions Group is the client sector within Global Banking responsible for all aspects of the Group's relationships with financial institutions ranging from business development to AML/FCC compliance.

On a typical day your activities could include the following:

• Work with Client Management teams globally to drive KYC and to manage financial crime risk in the portfolio.

• Provide high-quality industry sector, competitor and counterparty level analysis to support business development, portfolio management and credit risk assessment.

• Support senior management in identifying strategies to maintain / enhance overall relationship return and ensure early identification of potential credit issues.

• Identify marketing opportunities, undertaking appropriate analysis and preparation of proposals, presentations and pitches for new products and services.

• Act as primary point of contact for counterparties and internal colleagues, and effectively manage the desk.

• Work with Credit Operations to ensure we prepare structured and focused application remarks for counterparties within the sectors, covering annual reviews and new money proposals.

For this role, HSBC targets a fixed pay range between $125,000 and $150,000.

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 the position.

• Experience in KYC operations is desirable

• Experience in markets Product areas relevant to Institutional Investors is desirable

• Good understanding of Financial Institution and/or corporate credit desirable

• Good understanding of Global Banking and Markets client base, procedures and key revenue drivers

• Some prior exposure to Relationship Management is also desirable

FINRA Series 7, 63, and 79 licenses are required. A contingency period to obtain licensing can be provided at manager’s discretion.

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.