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.

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 a talented individual to support Senior ABL Underwriting and Portfolio Managers, as well as Relationship Managers across the U.S. and globally.  

As our Asset Based Lending Analyst III you will:

  • Collaborate with Senior Underwriting Managers, Senior Portfolio Managers, and Relationship Managers to analyze new ABL lending opportunities and manage the portfolio of existing loans
  • Conduct company and industry due diligence, collateral and financial analysis, financial modeling / projections, and legal diligence, identify transaction risks and mitigants, and prepare credit approval memoranda
  • Build and maintain relationships with internal and external parties, including relationship managers, the credit approval team, the collateral examination group, appraisers, legal counsel, management teams, and financial sponsors
  • Assist the ABL Group with various projects
  • Ensure compliance and operational risk controls in accordance with HSBC and regulatory standards and policies
  • Optimize relations with regulators by addressing any issues
  • Promote a positive environment that reflects the HSBC brand

For this role, HSBC targets a pay range between $90,000.00 and $105,000.00. 

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.

Requirements

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

  • Bachelor’s degree in business, finance, accounting, or related field
  • One to two years of asset based lending or general credit training preferred however not required
  • Strong planning, communication, 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

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.