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 Jersey City, New Jersey office. Senior Analyst will be part of a loan administration team assisting with implementation of RFR {Risk Free Rates}. The position requires adherence to strict deadlines, timely processing of payments. Analyst must be an expert to advanced user of Loan IQ system. Seeking for experienced individual in closing, servicing, primary, secondary, and 3rd party trading. Individual is required to understand and work in accordance with internal procedures and facility-specific documentation. Analyst must be able to read and interpret loan documentation.

Primary Responsibilities/Essential Functions:

• Responsible for analyzing and understanding loan agreements and related documentation

• Develop a detailed understanding of RFR Market concepts and practices

• Perform loan servicing for different types of loans, which includes Syndicated and Bi-Lateral Loans, collateral management, and escrow accounts

• Construct deal structures in Loan IQ including amending existing deal structures

• Execute and manage Loan Portfolio in multi-currency.

• Review and drive break resolution identified in reconciliations, either for daily or month-end reporting purposes

• Provide support to the Lender and Borrower by addressing all inquiries timely.

• Manage shared team functions and team email boxes.

• Communicate and support all inquiries from City Office team.

• Train junior Loans Administration Analyst(s)

• Trouble-shoot basic Loan IQ functional problems/issues

• Other work includes projects and any remediation efforts, as assigned.

Decision-Making Responsibility:

• Interpret terms of loans and translate build into the LIQ

• Assess and assist with streamlining and cost saves of our processes.

• Determine and drive solutions for gaps identified in performed functions, if any

• Review and approve transactions and loan processing, including but not limited to loan funding

• Ability to escalate and communicate to both internal and external stakeholders

Requirements

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

You should apply if you have:

• Proficiency in LIQ usage, including building and amending existing deal structures, and loan administration.

• Familiarity with RFR operations process

• Strong process and operational risk understanding

• Excellent written and verbal communication

• Ability to multi task, manage time and meet deadlines.

• ClearPar technology experience is a plus

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.