Job description

The Global Debt Market Electronic Trading team is responsible for automated pricing and risk management on fixed income electronic platforms globally. The Quant Research / Dev role will report locally into the Head of GDM Electronic trading in New York. The team focuses on fixed income markets across US Treasury, US IG / LATAM Corporate bonds and Fixed Income ETF.

• Create a close working relationship with the global GDM algo trading and quant research team in order to carry out delegated tasks independently.

• Responsible for Quant research and development across rates and credit product

• Maintains a thorough knowledge of Fixed Income products, including detailed understanding of pricing and trading strategies

• Work closely with technology and broader quant team to designing algorithms for relative value and macro signal analysis

• Formulation of trading strategies across government bonds, corporate bonds and fixed income ETF

• Enhance the existing research infrastructure which includes alpha generation, portfolio management and pricing modules

• Collaborate effectively with the global technology team on model testing and documentation

Management of Risk

• Responsible for the continual assessment of operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.

• Demonstrates compliance with HSBC Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role.

Observation of Internal Controls

• Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.

• Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business activities associated with the role, specifically HSBC internal controls and compliance policies and manuals.

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

• PhD/ Master's degree in Engineering/Computer Sc. / Applied Mathematics / Finance

• Excellent verbal and written communication skills, with very strong analytical skills.

• Must have knowledge of coding languages such as Scala, Java, C++, Python, KDB, Q

• Must have experience in doing independent research and building prototype based on the business use case

• Ability to multi-task and to work well under pressure, strong problem-solving and decision-making skills

• Understanding of software lifecycle and ability to write production quality code

• Knowledge of Fixed Income products is preferred not required.

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.