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.

HSBC is seeking an Analyst to join its Asset Based Lending Group. HSBC’s Asset Based Lending Group supports the bank’s Middle Market, Large Corporate and Global Banking segments targeting domestic and international companies with annual revenues ranging from $50MM to $5BN. Based in NYC, the group is looking for someone to work in tandem with Senior Underwriting Managers, Senior Portfolio Managers, and Relationship Managers across the U.S. and globe. Primary roles and responsibilities include financial statement spreading, underwriting (collateral and financial analysis), and the execution, including loan documentation negotiations, of existing bank customers credit requests and ongoing portfolio supervision.

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.

You will be responsible for:

• Work alongside Senior Underwriting Managers, Senior Portfolio Managers, and Relationship Managers to analyze new to bank ABL lending opportunities

• Responsibilities include collateral and financial due diligence, financial modeling, legal diligence and general business diligence

• Preparation of final credit approval memos consisting of company and industry summaries, collateral analysis, financial analysis including the preparation of base and downside case projections and identification of key risks and mitigates; begin to develop an understanding of the various legal aspects of structuring a loan

• Develop working relationships and interact with key internal partners and groups including Relationship Managers, Financial Sponsors Group, Leverage Finance, Collateral Examination Group, Capital Markets, various Industry Verticals, internal Credit Approvers and In-House Legal as well as various third parties including Company Management, external Legal Counsel and Collateral Appraisers

• Assist Management and the ABL Group with various ad-hoc marketing projects

Requirements

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

• Bachelor’s degree in business, finance, accounting, or related field

• One year of asset based lending or general credit training preferred however not required

• Strong planning, negotiations, communications, analytical and organizational skills

• Ability to work well in a team environment, build personal relationships with current and potential clients and demonstrate strong and succinct written and verbal communication skills

• Desire and ability to build personal relationships with current and potential clients

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.