1+ months

Synthetic Financing Prime Trader - 0000FMXT

New York, United States
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  • Job Code
    825673

Synthetic Financing Prime Trader - 0000FMXT
Description

!*!

At HSBC, the health and well-being of our employees remains of utmost importance.  Many of our roles are permitted to work from home (in states in which HSBC is licensed to operate) until further notice. Upon resumption of normal operations, this role may be performed at our New York, New York office.

  • Product Specialist: maximising profit opportunity via all legs of revenue (repo, epsilon, rho, commissions, and financing). In doing so providing timely and accurate dealing services for clients in the assigned area.
  • Pricing, risk management, monitoring exposure and cost management
  • Working with COOs, support teams and  legal to expand the counterparty base and enhance platforms in a controlled manner
  • Improve Financing Capabilities for Swap flow
  • Manage the firm's inventory and trading risk under supervision and as assigned in compliance with all applicable regulation within a given business area
  • Working with HBAP/HBEU/HBUS in offering and pricing swap products to global clients
  • Maintain and increase market share in index products
  • Execute firm and customers' trades in accordance with desk Volcker designation
  • Determining Market Sentiments through reading of research reports, valuation and Data analysis reports, and understanding corporate events
  • Adhere to local regulatory policies and trading venue rules applicable to the job holder location and the balance sheet location the trader is mandated   
  • Maintain a thorough knowledge of the product area. Understanding industry developments and being able to position and adapt the business strategies accordingly.
  • Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets
  • Act on unusual/ unacceptable activity or behaviours and escalate appropriately
  • Create synergies and work with other parts of the Global Equities business (Front to Back Office). Where applicable, lead, develop and motivate the team to attract, retain and develop capacity, capability and talents with the required key relevant skills
  • Operate with professionalism and increasing technical proficiency
  • Maintain strong audit culture
  • Exhibit and adhere to a culture of open and transparent communication.
  • Consistently engage with Management and Sales Teams.

 

Customers / Stakeholders

  • Focusing on customers, colleagues and stakeholders and taking the time to understand them, communicate with them and meet their needs
  • Understanding how their role impacts upon our customers, stakeholders, colleagues, always looking for ways to satisfy them and enhance their experience of HSBC by keeping up-to-date with, and anticipating, their changing needs
  • Delivering the right products, services and solutions to the right customers,  colleagues and stakeholders, in the right way and at the right time, in line with HSBC strategy, principles and Values
  • Developing customer / stakeholder insight based on effective personal interactions, learning from experience, gathering and using information appropriately and safely

 

Driving Sustainable Growth

  • Taking an ethical commercial approach to business opportunities and in your day-to-day work, in accordance with HSBC values, regulatory principles and global standards, to ensure the long-term sustainability of the business and protection of the HSBC brand
  • Considering the short, medium and longer term impact of decisions and actions
  • Championing and supporting change in the interests of all stakeholders
  • Recognising, respecting and valuing different perspectives and cultures in our business, our customers and our colleagues

 

Managing Risk Responsibly

  • Being aware of risk and compliance, acknowledging their importance and following or developing appropriate processes and controls
  • Understanding and taking responsibility for applying local and HSBC legal, regulatory and compliance frameworks in all aspects of HSBC’s work
  • Taking ownership of risk and compliance and having the courage to question practices and actions in the best interests of protecting HSBC and its customers according to the HSBC values
  • Balancing the need to manage risk effectively with the need to maximise business opportunities through correct use of appropriate tools and techniques

 

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 organisation
  • This will be achieved by consistently displaying the behaviours 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 risks 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 Defence'. The job holder should understand their position within Three Lines of Defence and operate  within operational risk policy, escalating in a timely manner where they are unsure
  • Through the implementation the Global AML, Sanctions and ABC Policies, supporting Guidance, and Line of Business Procedures the jobholder will make informed decisions in accordance with the core principles of HSBC's Financial Crime Risk Appetite

 

Observation of Internal Controls

  • The jobholder 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
  • The job holder will adhere to all local rules, regulations, and asks bestowed upon them from Management

!*!

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions

  • The jobholder will be able to demonstrate the certifications and qualifications required to exercise the job mandate has been obtained.
  • Prior experience in Markets or academic experience.
  • Degree level in Maths, Engineering or equivalent
  • Good communication skills and be able to manage relationships effectivey with a range of different stakeholders
  • Able to manage time and balance multiple priorities effectively

Achieving Excellence

  • Aspiring to do and deliver the best for HSBC, its customers, colleagues and stakeholders and persisting in this aim regardless of difficulties and challenges in line with HSBC values
  • Taking a positive and constructive approach towards problems using appropriate tools and techniques to deal with them swiftly and effectively
  • Implementing business strategies and plans and prioritising activities to make sure the desired results are achieved
  • Understanding what is required to be successful and competitive in the local and global marketplace

 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Primary Location !*!

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions

  • The jobholder will be able to demonstrate the certifications and qualifications required to exercise the job mandate has been obtained.
  • Prior experience in Markets or academic experience.
  • Degree level in Maths, Engineering or equivalent
  • Good communication skills and be able to manage relationships effectivey with a range of different stakeholders
  • Able to manage time and balance multiple priorities effectively

Achieving Excellence

  • Aspiring to do and deliver the best for HSBC, its customers, colleagues and stakeholders and persisting in this aim regardless of difficulties and challenges in line with HSBC values
  • Taking a positive and constructive approach towards problems using appropriate tools and techniques to deal with them swiftly and effectively
  • Implementing business strategies and plans and prioritising activities to make sure the desired results are achieved
  • Understanding what is required to be successful and competitive in the local and global marketplace

 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Schedule North America-United States-New York-New York
Unposting Date 

Industry

  • Banking / Finance
Posted: 2021-06-02 Expires: 2021-08-01

HSBC is one of the world’s largest banking and financial services organisations. We serve more than 40 million customers through our global businesses: Wealth and Personal Banking, Commercial Banking, and Global Banking & Markets. Our network covers 64 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.

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Synthetic Financing Prime Trader - 0000FMXT

HSBC Bank USA
New York, United States

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