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.

As the Global Banking Coverage Associate you will be supporting the US Global Banking Head of Consumer/Retail and a second relationship manager covering ~20 of the largest US headquartered clients in the Consumer and Retail sectors. Key responsibilities include owning the credit and deal approval processes (annual reviews, new/renewal transaction applications, international facilities, client plans, capital allocation committee, profitability & pricing models). A passion for people, open communication, and building trusted relationships is critical to success in this role

Here’s what you can expect:

• Credit: Develop a deep understanding of clients in the portfolio, as well as sector themes and trends, identifying key strengths and weaknesses and forming a view of these key topics. Ultimately the goal is for you to own the end-to-end Credit processes.
• Business Development: Develop a solid understanding of the capital allocation committee process, create a thoughtful, strategic client plans, navigating the deal modelling tool, liaise with members of the client service team and product partners, monitor income generation, and provide marketing support to senior coverage managers.
• Control and AML / KYC: Support client service team to ensure a robust standard of AML/KYC compliance in respect of relationship on-boarding and ongoing review of client profiles.
• Leadership & Teamwork: Live and represent the HSBC Brand and Values and share information, knowledge and ideas with the team.

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 these positions.

• Strong willingness to learn, positive attitude and a drive to succeed in this role and beyond.
• A passion for people and building trusted relationships.
• Strong verbal and written communications skills.
• Understanding of risk management and credit mitigants.
• Strong level of financial analysis ability.
• Strong Windows capabilities; Excel, PowerPoint, Word.
• Ability to provide analytical support whenever needed.
• Ability to undertake in depth review of industry, competitors, client and products and provide a high quality analysis of credit risk.
• FINRA Series 63 and 79 licenses 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.