Job description

The Associate will work in the New York Debt Capital Markets team for the Bank’s North America region. The new hire will assist the team with daily responsibilities, including preparing analyses and pitches for client meetings, executing Debt transactions, and identifying funding opportunities across markets and currencies for different companies/sectors. Primary responsibilities include assisting senior team members in the coverage of their client base, engaging clients on current topics, pitch preparation and data management. Will interact as required with DCM professionals globally.

The Debt Capital Markets group markets, structures and executes fixed income related transactions on behalf of issuers. The group works closely with Banking, leveraged finance, and Derivatives teams to recommend and execute transactions for the Bank’s clients across the credit spectrum.

The employee will be responsible for the following tasks:

• Provide direct support to senior level professionals who focus on debt origination, structuring and execution across all industries and currencies. Supporting the maintenance of client relationships with the goal to win primary DCM business

• Generate and maintain client pitch presentations, and assist with thematic projects or initiatives relevant to clients, including but not limited to, preparation of refinancing analyses for clients that consider currency, tenor, size, taxes, accounting implications

• On a daily basis, follow the US market closely (across the major asset classes) with the goal to prepare and distribute macroeconomic, debt primary and secondary market commentary to clients and relevant internal stakeholders

• Stay abreast of current market conditions, and identify opportunities for unique analysis or client value-add intelligence

• Prepare multi-currency bond pricing spreadsheets and updates to be distributed to clients, demonstrating the ability to compare borrowers and assess appropriate new issue pricing in conjunction with debt syndicate

• You will be exposed and support all aspects of live bond deal execution, including origination, documentation, marketing materials (deal and non-deal related), execution and distribution across currencies. Assist in preparation of post-deal marketing material - including deal reviews

• Understand and articulate the varying documentation requirements across currencies and issuance structures

• Track, compile and coordinate new USD investment grade issuance information, provide analysis on interesting themes / trends

• Provide ad hoc reports for management on transaction details and involvement

• Strong partnership roles skills as the role requires working in conjunction with internal and external partners - DCM, Debt Syndicate, Leveraged Finance, Liability Management, ESG, Legal, as well as the Corporate, Financial and country specific coverage teams.

• Identify opportunities to enhance internal cooperation and maximize client cross-sell

For this role, HSBC targets a fixed pay range between $150,000 and $200,000.

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

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

• Previous investment banking or capital markets experience (3-4 years), and good understanding of financial markets

• Enthusiastic with an eagerness to learn and apply new knowledge, absorb and digest market intelligence on a daily basis

• Communication skills - Strong communication skills needed. Communicates what is relevant and important in a clear and concise manner, shares information and new ideas with others

• Ability to multi-task and thrive in a deadline driven and fast-paced environment.

• Ability to follow up independently and play the role of project manager - managing several projects at once and work effectively as an individual contributor and as part of a team

• Demonstrates a strong attention to detail and an ability to complete work accurately and reliably

• Teamwork and Collaboration- Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others’ contributions

• Excellent writing skills with the ability to present ideas and concepts in a creative way, focused on framing the best possible strategy for the client

• Strong quantitative skills and an understanding of fixed income products

• Strong skills in Excel and PowerPoint. Bloomberg skills would be viewed positively

• FINRA series 63, 79 and 7 licenses are required. Manager can allow a contingency period to obtain licenses at their discretion.

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!

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.

HSBC is one of the world’s largest banking and financial services organizations. Our global businesses serve around 39 million customers worldwide through a network that covers 62 countries and territories. Our customers range from individual savers and investors to some of the world’s biggest companies, governments and international organizations. We aim to connect them to opportunities and help them to achieve their ambitions.