Associate - Transactional Credit

Who is HSBC Innovation Banking?
HSBC Innovation Banking is the power behind the UK’s forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors.

Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike. 

Here’s to never standing still. Come and join us! 

The team you’ll work with:
This dedicated Associate role is responsible for underwriting and portfolio management of cash management facilities. We are looking for the right individual to join the existing small team and contribute to this exciting opportunity by providing credit expertise and working with some of the most influential entrepreneurs and investors to help them launch and grow their businesses globally.  

The value you’ll add:
The core responsibility of this Associate position is to support HSBC Innovation Banking 's initiatives to provide banking services to our growing client base and to manage the associated credit risk. This includes working closely with our clients alongside our dedicated Relationship teams and our Product Advisors to underwrite cash management requests and ongoing portfolio monitoring activities through detailed and precise credit assessments and weekly monitoring of the portfolio. 

What you can expect to be doing:
A passion for working with companies in the innovation space and subject matter expertise are required to effectively perform the following: Conduct and assist with underwriting due diligence, structuring appropriate cash management facilities
Prepare clearly articulated and appropriate credit underwriting recommendations for Credit Officers
Develop strong internal relationships with Relationship teams, Product Advisors, Credit Officers and Implementation teams
Contribute to overall client relationships in order to support initial underwriting and ongoing portfolio management activities
Assist with monitoring the cash management portfolio’s credit quality to ensure proactive and timely risk mitigation action when necessary
 
Requirements:
Prior work experience and exposure to commercial banking products: Examples include Corporate Credit Card Facilities, BACS lines, and Letters of Credit

Experience in commercial credit analysis of Banking products, including commercial cash management facility underwriting, credit and account management, and portfolio monitoring

Experience in the innovation economy and/or working with fast growth technology companies would be a very strong plus

Strong business writing, communication, time management skills

Experience in working as part of a team and working with different teams with multiple stakeholders Demonstrated proficiency working with computers and Microsoft Office applications (specifically, Outlook, Excel, Word, and PowerPoint)

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, socio-economic background or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk via hsbc.recruitment@hsbc.com.