What are the responsibilities and job description for the Vice President, Precious Metals Trader position at HSBC?
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
HSBC's Precious Metals business is a leading market offering within Global Banking and Markets, providing comprehensive physical delivery, custody, bullion banking, financing, and hedging/trading services to Corporate, banking, and Institutional clients.The Precious Metals Trading team is responsible for the pricing and risk management of the Commodities business globally. The Trader will report locally into the Head of Americas Precious Metal trading in New York.
As Vicepresident You Will
Your final fixed pay offer will depend on the candidate and several 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.
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
HSBC's Precious Metals business is a leading market offering within Global Banking and Markets, providing comprehensive physical delivery, custody, bullion banking, financing, and hedging/trading services to Corporate, banking, and Institutional clients.The Precious Metals Trading team is responsible for the pricing and risk management of the Commodities business globally. The Trader will report locally into the Head of Americas Precious Metal trading in New York.
As Vicepresident You Will
- Maintain various risk positions and manages within position limits, providing liquidity and trade ideas to clients while trading within set limits to help the trading team achieve a given revenue target
- Ensure 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 trading activity support, as necessary
- Provide consistent pricing and market making to sales force and target clients
- Execute firm and customers' trades in accordance with desk Volcker designation and may contribute to the formulation of trading strategies
- Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets
- Educated to degree level or equivalent.
- Minimum 4 years’ experience in precious metals
- Strong knowledge and experience in financial products and experience in dealing with corporate and/or institutional clients.
- Excellent verbal and written communication skills as well as presentation skills
- Ability to connect with and develop relationships with clients and internal stakeholders across both corporate and institutional client space and diverse geographies.
- Multilingual skill would be an advantage (Spanish would be an advantage)
Your final fixed pay offer will depend on the candidate and several 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.