HSBC Group

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.

HSBC is looking for a candidate to join the America’s Prime Finance Business as a Securities Lending Trader based in New York.

As our Securities Loan Trader you will:

• Stock Loan Trader for the America’s Prime Finance business
• Trading US equities, providing market colour for internal desks (especially Prime Sales) and direct to clients on borrow rates and availability, covering internal and Arranged Financing customer short positions
• Generating revenue on the firm and customer inventory, developing new revenue streams & trading strategies wherever possible
• Monitor and process customer locates from Internal and external clients including the creation and publishing of ‘Availability” and “Axe” files on a daily basis in a timely and efficient manner, escalating any concerns accordingly
• Responsible for calculating, tracking and reporting P/L on a daily basis
• Process trades/ returns in a competent, efficient and accurate manner
• Communicate with other trading teams to ensure trades & projects are dealt with in a timely and controlled manner, escalating concerns accordingly
• Ensuring business is conducted within the firms risk appetite and that financial resource usage is optimized
• Monitor and process recalls on a daily basis in a timely and efficient manner, escalating any concerns accordingly
• Pro-actively seek out the opportunity to implement procedural improvements to help streamline the business
  

For this role, HSBC targets a pay range between $175,000.00 and $200,000.00

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

You´ll likely have the following qualifications to succeed in this role:

• Relevant background of experience in Equity Finance with industry knowledge of Equity markets, front office exposure for +5 years with proven trading track record
• Experience of relevant trading strategies across various markets
• Highly capable individual with an exceptional work ethic.
  
• A thorough understanding of the business objectives whilst maintaining a strong control ethic and consistently progressing the controls and procedures on the desk to better support the evolving business
• Educated to degree level in a relevant subject
• FINRA registered, Series 7, 63
• Candidate will need to complete training and exams for the CISI FCA UK exams in a timely manner
• Python coding skills would be a plus
• Strong interpersonal and numerical skills Excellent Excel and Bloomberg skills 
  

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

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 age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.