Vice President, Credit Trader

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.

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.

General Trading Responsibilities

• Monitor and manage interpret daily risk, P&L and performance metrics for the book, adapting positioning and trading strategies to achieve revenue, hit‑ratio and return targets
• Ensures correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trade support, as necessary
• Provides pricing to sales force and clients in line with the Bank’s policies
• Ensures all trades are booked to front office position keeping system in accordance with internal policy and regulatory requirements
• Reviews daily and/or monthly reports, as assigned
• Ensures that all transactions deliver fair outcomes for HSBC customers, does not disrupt the orderly and transparent operation of financial markets, and adheres to the HSBC Code of Conduct
• Maintain a thorough knowledge of the product area including market liquidity and volatility, pricing and trading strategies
  
  

Values

The role holder will ensure the HSBC values are present in everything we do, both individually and as an

Organisation. This will be achieved by consistently displaying the behaviours of:

• Dependable and do the right thing
• Open to different ideas and cultures
• Connected to customers, communities, regulators and each other
• Run risk across US IG corporate credit products, managing positions, hedges, and liquidity within approved limits and governance standards
• Support DCM and syndicate partners on new issuance by managing post-pricing secondary liquidity and associated risk
• Identify and execute relative-value and flow opportunities across issuers, sectors, curves, and hedging instruments
• Incorporate systematic signals and quantitative tools into the trading and risk management process
• Help connect voice and systematic trading activity to improve execution, pricing consistency, and client delivery
• Work with sales, quants, and technology colleagues to enhance trading tools, analytics, and automation
• Maintain strong risk discipline, controls, and communication with risk and control partners
• Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators
• Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business activities associated with the role, specifically HSBC internal controls and compliance policies and manuals.
  
  

Knowledge & Experience / Qualifications

• Market making experience, detailed knowledge of all aspects of business’ trading area
• Bachelor’s or equivalent University degree, or equivalent work-related experience
• Excellent verbal and written communication skills, with very strong analytical skills
• Ability to multi-task and to work well under pressure, strong problem-solving and decision-making skills
• Able to understand and manage complex and diverse instruments
• Strong US IG credit trading background with demonstrated risk-taking experience
• Good understanding of primary/secondary market dynamics, syndicate process, and post-deal liquidity management
• Experience using systematic signals, quantitative frameworks, or electronic execution tools in a live trading setting
• Ability to operate effectively across both relationship-driven and data-driven trading styles
• Coding capability, particularly in Python or similar languages, is a plus
• Demonstrates compliance with HSBC Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role.
• FINRA Series 7 & 63 required.
  
  

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 package in a welcoming 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!

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.

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.