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.

Derivatives Clearing Services (DCS) sits within HSBC’s Global Markets business.  DCS generates commission revenue through execution and clearing futures & options trades, as well as clearing eligible OTC derivatives for the Firm’s clients, which include asset managers, hedge funds, banks, brokers, and corporates.
We are seeking a candidate to join our growing futures business based in New York, servicing clients both regionally and across the globe.

As our Futures Execution Sales, Associate you will:

  • Responsible for trade execution across global future and options markets in a range of asset classes; as well as general trade support and backup for the desk
  • Provide comprehensive coverage for our clients, including market color, thoughts and trade execution advisory
  • Partner with wider sales organizations and trading businesses to facilitate F&O order execution
  • Identify new client opportunities through origination efforts while supporting DCS’s existing relationships
  • Attend customer events, meeting and seminars
  • Liaise with derivatives exchanges and trade platform vendors for future and options 

For the above services the DCS business charges customers a pre-agreed (and documented) commission. This commission can vary depending on the instrument and the exchange/clearing house. The business does not have a Risk mandate and can only enter orders to execute following an instruction from a customer. The role of Execution Sales primarily involves the voice execution and supervision of customer orders.

For this role, HSBC targets a pay range between $125,000.00 and $150,000.00

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:

  • Having some knowledge and understanding of global markets and the principal asset classes (fixed income, equities, currencies, commodities)
  • Strong interest in learning about futures and options markets
  • Detailed oriented, self-starter with reliable oral and written communication skills.
  • Strong presentation and interpersonal skills
  • Series 3 (can be obtained post hiring)
  • Working knowledge of Microsoft Excel, Word and PowerPoint.

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.