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.

To effectively lend client securities in the Americas to optimize revenues globally, ensuring that a high level of customer service is maintained within the agreed client mandate and risk framework.

As our Trader, Agency Securities Lending you will:

• HSBC Agency Lending sits within the Securities Services (SSv) asset class as part of the wider Markets and Securities Services (MSS) business
• SSv provides a range of securities services to a client base which includes sovereign wealth funds, major insurance companies, asset managers, investment banks, government agencies, investment trusts, collective investment schemes, corporates and pension funds
• Securities Services is globally located with major centres in locations including London, Hong Kong, New York, and Dubai. Total staff numbers exceed 3,000
• The service range includes global custody, UK sub custody, trustee and depository services, investment administration, performance consultancy, securities lending, treasury, and FX
• Assets under custody/administration total $5trn
• Build and maintain trusted counterparty relationships through proactive engagement
• Provide input into Portfolio Evaluations and Market Commentary

For this role, HSBC targets a pay range between $131,900.00 and $197,800.00

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:

• Previous trading experience in a related product or asset class
• Effective management of a book of risk and allocation of global inventory across both equity and fixed income securities 
• Prior regular experience with and understanding of cash reinvestment mechanisms is helpful
• Meet business performance targets including counterparty/market revenues:
  • Revenue opportunity identification
  • Implementation of trading strategies and ideas including inventory and collateral management
  • Monitor progress against annual revenue plans
• Securities lending pricing methodologies – drivers of demand and pricing, for both cash and non-cash collateral products
• Client profiles and their investment strategies, in order to optimize risk vs. return performance
• Counterparty profiles and their activities (prime brokers, broker-dealers, repo, and funding desks)
• Wider Custody Functions (Income, Settlements, Corporate Actions)
• Securities Lending systems – Trading Apps, Global 1, Global Custody Systems (GCS/GHSS), Bloomberg (prior knowledge helpful but not necessary)
• Proficiency in excel is expected. Helpful to have knowledge of coding in VBA and/or other programming/statistical languages

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.