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Form of workHSBC is looking for a highly experienced individual for its New York based Equities Sales Trading team within the Global banking & Markets division.
In this client facing role the candidate will be expected to push the firm’s global strategy with our US & Asia client base while working with a highly dynamic team of experienced professionals. The role will include the execution of Global-based Hedge Funds with equities mandates, advising clients on market news and events and liaising with our local offices across our global footprint. It would be expected that candidates for this role would come with strong relationships with head traders of institutional and hedge fund clients in both the US and Asia.
The successful candidate will join a growing execution team providing execution advice and expertise to our existing and expanding client base.
The role requires a strong understanding of equity execution in Asia and US across the entire product class including ECM, Risk Trading, High Touch, Program Trading and Electronic Trading.
The candidate should have previous experience of Asian and international markets with an existing and established client base in Asia
The candidate will need to articulate changes in Global market structure, product enhancements and inform clients how best to navigate the changing market structure
The job includes helping to shape external marketing initiatives to increase the HSBC profile in the Execution space including conferences, media and marketing collateral.
Responsibilities & Knowledge/Experience
- Market HSBC’s Global High Touch execution services to US and Asia clients.
- Experience in Global equity sales trading with experience in Asian Investment Banking and Research a must
- Strong account management skills and cross product knowledge.
- Introduce new Asian Hedge Fund clients to the US cash and prime business.
- Strong interest and understanding of global financial markets
- A working understanding of equity capital markets and managing the IPO process.
- Adhere to HSBC policy, procedures and control requirements applicable to day-to-day working,
- The candidate will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation.
- Suggest ideas and contribute to implementing actions that will improve customer service.
Operational Effectiveness & Control
- The job-holder will adhere to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes/procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators
Management of Risk
- The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organization
- This will be achieved by consistently displaying the behaviors that form part of the HSBC Values and culture and adhering to HSBC risk policies and procedures, including notification and escalation of any concerns and taking required action in relation to points raised by audit and/or external regulators
- The jobholder is responsible for managing and mitigating operational and conduct risk in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structures referred to as the 'Three Lines of Defense'. The job holder should understand their position within Three Lines of Defense and operate within operational risk policy, escalating in a timely manner where they are unsure
Observation of Internal Controls
- Display an understanding of and adherence to internal controls, as well as relevant regulatory guidelines and controls, and promote the awareness of the same.
- Maintain awareness of the Operational Risk scenario associated with the role and act in a manner that takes account of operational risk considerations.
- Ensure compliance with operational risk controls in accordance with internal and/or regulatory standards and policies; optimize relations with regulators by addressing inquiries.
For this role, HSBC targets a fixed pay range between $175,000 and $200,000.
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.
