Head of Collateral Treasury, Americas

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.

As our  Head of Collateral Treasury, Americas you will:

• Manage the funding and liquidity requirements of the Markets desks that are in scope in the US. This will involve activity on the HBEU, HSI and HBUS balance sheets
• Build out the unsecured cash projections and management in HSI as well as develop optimisation and stable/efficient funding solutions for HSI
• Cover Client Pricing and Analytics discussions and demands from internal stakeholders and clients in the NY time zone – tracking pricing and financial resource consumption for Prime clients
• Help establish new products and clients in the US to build out the global funding capabilities
• Act as go to person in the US for Markets to ensure the accuracy of the funding and liquidity requirements
• Ensure the collateral requirements across the various demands are met – VM, IM/UMR/CCPs and Funding. This should also consider the most optimal allocation of assets to cover the requirement – i.e. Cheapest to Deliver with the regulatory, financial and supply constraints
• Support Market’s Management, ALCM, FRM and other stakeholders in their understanding of the key drivers of the funding and liquidity within MSS
• Build out the global tools and infrastructure required for CT to fund and manage the liquidity and funding in an effective manner – trading and analytical tools such as Cyclops. This also involves developing a consistent approach and architecture where possible across CT and the various asset classes
• Maintain a thorough knowledge of the product area including but not limited to market liquidity and volatility, pricing and trading strategies
• Develop close and effective working relationships within respective Regions/Countries/Functions/Global Businesses

For this role, HSBC targets a pay of $250,000.00

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:

• The jobholder will be able to demonstrate the certifications and qualifications required to exercise the job mandate has been obtained
• Series 7, 63, and SIE
• To be motivated to work towards revenue targets in a sustainable manor
• An interest to improve existing and create new products, tools and processes for the desk
• Have strong skills in team working and a passion to continue to work as part of a team for most tasks throughout the working day. Also needing a high degree of self-motivation
• Strong communication and interpersonal skills. The role requires the trader to work closely and develop new relationships with Sales, clients, brokers, other market counterparties and all Functions

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.