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VP, CDS Indices Trader

ExperiencedVisa sponsorship available
HSBC logo

at HSBC

Other

Posted 3 days ago

No clicks

**VP, CDS Indices Trader (VP – Transaction Banking)** Manage market making for CDS indices and trading desk. Key responsibilities include: - Timely and accurate trade execution for targeted clients in assigned area - Maintaining risk positions within the bank's risk appetite - Achieving set revenue targets - Pricing and communication with sales and clients - Ensuring accurate trade booking and adherence to internal policy and regulatory requirements Must have: - Market making experience, detailed business knowledge - Bachelor's degree or equivalent experience - Strong analytical, problem-solving, and decision-making skills - FINRA series 7 & 63 required - Ability to understand complex financial instruments and work under pressure Represents the bank's values: dependable, open to new ideas, and connected to stakeholders.

Compensation
Not specified

Currency: Not specified

City
Not specified
Country
United States

Full 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. Were 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.

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.

Role Overview:

  • Be responsible for market making for CDS index and managing the desk
  • Provide timely and accurate execution of trades for the Banks targeted clients in assigned area.
  • Maintain various risk positions whilst adhering to the Banks risk appetite
  • Achieve revenue, hit ratio and return targets set by management
  • 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 trade support, as necessary
  • Provide pricing to sales force and clients in line with the Banks policies
  • Ensure all trades are booked to front office position keeping system in accordance with internal policy and regulatory requirements
  • Review daily and/or monthly reports, as assigned.
  • Ensure that all transactions deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets; and are in line with the HSBC Code of Conduct

Management of Risk:

Responsible for effectively managing market and credit risks within the limits established for the desk/ business. Responsible for the continual assessment of operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.

Demonstrates compliance with HSBC Bank plc Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role.

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.

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.
  • 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 and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBCs 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. Youll 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.


VP, CDS Indices Trader

Compensation

Not specified

City: Not specified

Country: United States

HSBC logo
Other

3 days ago

No clicks

at HSBC

ExperiencedVisa sponsorship available

**VP, CDS Indices Trader (VP – Transaction Banking)** Manage market making for CDS indices and trading desk. Key responsibilities include: - Timely and accurate trade execution for targeted clients in assigned area - Maintaining risk positions within the bank's risk appetite - Achieving set revenue targets - Pricing and communication with sales and clients - Ensuring accurate trade booking and adherence to internal policy and regulatory requirements Must have: - Market making experience, detailed business knowledge - Bachelor's degree or equivalent experience - Strong analytical, problem-solving, and decision-making skills - FINRA series 7 & 63 required - Ability to understand complex financial instruments and work under pressure Represents the bank's values: dependable, open to new ideas, and connected to stakeholders.

Full 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. Were 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.

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.

Role Overview:

  • Be responsible for market making for CDS index and managing the desk
  • Provide timely and accurate execution of trades for the Banks targeted clients in assigned area.
  • Maintain various risk positions whilst adhering to the Banks risk appetite
  • Achieve revenue, hit ratio and return targets set by management
  • 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 trade support, as necessary
  • Provide pricing to sales force and clients in line with the Banks policies
  • Ensure all trades are booked to front office position keeping system in accordance with internal policy and regulatory requirements
  • Review daily and/or monthly reports, as assigned.
  • Ensure that all transactions deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets; and are in line with the HSBC Code of Conduct

Management of Risk:

Responsible for effectively managing market and credit risks within the limits established for the desk/ business. Responsible for the continual assessment of operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.

Demonstrates compliance with HSBC Bank plc Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role.

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.

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.
  • 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 and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBCs 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. Youll 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.