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 Trader, Discretionary Investments role is instrumental to the efficient operation and Trading of Fixed Income and Equity Securities for Private Banking Discretionary portfolios. Ensure proper and cost effective execution of trades. Control and monitor the activities to remain compliant on an ongoing basis whilst keeping in mind all the risk factors related to the role purpose.

Here’s what you can expect:

As our Trader, Discretionary Investments, you will execute trades generated by the Portfolio Managers, understand Equity & Fixed Income Markets, maintain strong relationships with broker dealers on the street, and actively communicate with the PMs about the daily market movements and trends. It is critical for the discretionary team to have 2 traders covering equity and fixed income trading for the $8.5 billion AUM business as one trader will focus on equities while the other can trade fixed income (and vice versus). 2 traders are needed in order to have trading coverage every day that the markets are open.

For this role, HSBC targets a fixed pay range between $136,300 and $204,400.

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.

• Minimum 3 years’ experience as Financial Market Trader

• Strong Fixed Income, specifically Credit and Municipal, Trading experience

• Strong understanding of Equity and Fixed Income Markets

• Knowledge of Bloomberg, Market Access, Moxy would be preferred

• Ideally University Graduate and/or CFA candidate

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.