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.

This role will be responsible for supporting clients and, in certain instances, directly growing revenues derived from Capital Financing (DCM, Credit & Lending, Acquisition Finance, Asset Finance, M&A, ECM) Global Markets (Credit Sales, Cash Equities, Interest Rate & Equity Derivatives, FX), Transaction Services - Cash & Liquidity Management, Securities & Trust Services and Global Trade & Receivables Finance, and investment management solutions through HSBC Asset Management.

As our Associate, FIG Insurance Coverage you will :

• Contribute to building HSBC's Insurance coverage franchise and reputation in the market place
• Deliver innovative solutions to client's needs across all product lines, gaining significant ancillary business and above hurdle RoRWA returns for the Group
• Develop "Trusted Advisor" and "First Call" relationships for event-driven transactions by developing and pitching strategic solutions content-driven ideas and solutions that can differentiate HSBC from the competition
• Coordinate origination and execution of activities across the platform including Capital Financing / Global Markets / Transaction Services / Asset Management products
• Drive results against client plans for revenue generation, franchise transactions, alignment with product partners and customer satisfaction
• Adhere to strict risk guidelines for lending and market exposure and ensure that we are comfortable with credit quality & RoRWA returns
• Manage and mentor junior resources on team where required
• Understand, follow and demonstrate compliance with all relevant HSBC internal and external rules, regulations and procedures that apply to business conduct specifically Internal Controls and Compliance policies

For this role, HSBC targets a pay range between $125,000 and $150,000.

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.

Requirements

Youll likely have the following qualifications to succeed in this role :

• Strong connection with senior client contacts in insurance sector
• In-depth knowledge of insurance sub-sectors : life, P&C, reinsurance, brokers and healthcare
• Significant experience with GAAP / Statutory financial statements, company valuations, capital structure / regulatory requirements, debt / FSR ratings, funding / capital markets and investments
• Knowledge of Credit and LoC agreements, ISDA / CSA documentation, MRA / TRS structures, risk management and risk mitigation strategies
• Ability to manage a portfolio of clients on a global basis
• Well organized with an analytical approach to problem solving
• FINRA Series 79, 63 and 7 licenses
• Strong team player and collaborative with colleagues across HSBC's global platform

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!

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Last updated : 2024-06-03