Vice President - Fund Banking - Innovation Banking

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 part of HSBC’s Innovation Banking Division, the VP RM of Fund Banking will work with Senior Relationship Managers “RMs” to support prospecting and client management activities for Venture Capital “VC” firms. This individual will identify product and service opportunities appropriate for management companies, general partners / limited partners, and funds, conduct customer & prospect  research, perform financial and credit analysis for capital call lines of credit, and help Senior RMs prepare for client / prospect meetings.

Here’s what you can expect:
As our VP RM, you will be an extension of the senior RM, serving as a primary point of contact for VC firms and their products and services, while enabling senior RMs to optimise the potential value of VC relationships, improve client engagement and deliver needs-based solutions for VC management companies and their underlying funds. This will likely involve attending client meetings with RMs as necessary, acting as the first point of contact for customers on daily credit-related enquiries, preparing appropriate analysis, proposals and presentations to prospective customers, and supporting the RM on day-to-day activities. In addition, you will work closely with Service Delivery and co-ordinate the end-to-end credit process, review their deliverables and resolve issues, while monitoring credit risk including concern lists and credit control reports, and analyzing management information.

For this role, HSBC targets a fixed pay range between $175,000 and $250,000.

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.

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

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

• 8 – 10 years’ experience in Commercial Banking, Cash Management, Private Equity, Venture Capital and / or equivalent

• 5 – 7 years’ experience in Relationship Management, Relationship Support, Client Service, Investor Services and / or equivalent

• Bachelor's degree

• Strong problem-solving, analytical, and influencing skills

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.