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.

The Associate, Relationship Manager, FIG, Correspondent Banking role will be a member of the Correspondent Banking Coverage team and support a portfolio of primarily non-US banks/Correspondent Banks. The successful Associate may have the opportunity to take on direct client responsibility. 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

Here’s what you can expect:

As the Associate, Relationship Manager, FIG, Correspondent Banking you’ll support Relationship Managers for a portfolio of US and Non-US Banks/Correspondent Banks. Work with clients and team members to coordinate the origination and execution of activities across the spectrum of Global Banking & Markets products/services. Combine client relationship management with strong risk assessment and management capabilities ensuring the required credit quality & returns on risk for individual relationships and across the portfolio of accounts. Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators. Ensure that all portfolios and relationships comply with all AML/KYC/Compliance based requirements. The Associate may also support presentations/escalations to and join governance forums.

For this role, the targeted fixed pay is $125,000.

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

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

• Strong team player, who is able to collaborate (across HSBC’s network) with partners in Global Banking, product areas and support functions to deliver the full benefits of our Global Banking Coverage Model to our client base. This includes and understanding of understanding of the financial markets, particularly as it applies to HSBC Product suite such as cash, custody, asset finance, lending, trade finance, capital markets etc.
• Ability to prioritize multiple tasks and clients and demonstration of commitment to excellence and perform to the highest standards and in line with HSBC’s values and business principles.
• Understanding the particularities of the client base and risks the clients may pose to HSBC. Experience in Correspondent banking and knowledge of KYC/ AML procedures and risk management related to high risk sectors/Correspondent Banking preferred
• Communication and organizational skills, proficiency in Microsoft Office applications, willingness to accelerate learning.
• 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 age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

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.