Director - US Treasury Trader

Role Purpose

Make markets in US Treasuries for the firm’s clients, manage trading risk within agreed limits, and deliver sustainable returns on risk while supporting a top-tier franchise. The role partners closely with Sales and the wider Macro business to provide high-quality execution, market insight and disciplined risk management. You’ll be the lead US Treasury Trader based out of London.

Responsibilities

Market making & client franchise

• Make two-way markets in US Treasuries for targeted clients, providing timely and accurate execution.
• Maintain a high level of client engagement by sharing market colour, views and trade ideas/recommendations.
• Protect and grow market share consistent with a top-tier rates franchise.
• Provide pricing to Sales teams and clients in line with the Bank’s policies and governance standards.

Risk management & performance

• Manage the trading book and risk positions within defined limits and pre-set risk parameters.
• Generate appropriate return on risk in the context of market opportunity and help the desk achieve revenue targets.

Trade execution, booking & controls

• Ensure timely execution, reporting and booking of trades into front office primary trading systems in accordance with internal policy and regulatory requirements.
• Maintain clear communication with the Sales desk and relevant stakeholders throughout the trade lifecycle.

Collaboration & business development

• Provide market colour and support to Debt Capital Markets (DCM) as needed.
• Assist in delivering technical enhancements related to pricing, workflow and data capture for the business.

Requirements / Qualifications

• Demonstrated experience and strong understanding of financial markets.
• Experience trading US Treasuries preferred but other bond trading experience will be considered. Knowledge of derivative products such as Swaps is beneficial.
• Familiarity with pricing and valuation methodologies in rates products.
• Strong analytical capability with excellent verbal and written communication skills.
• Proven ability to communicate transparently and effectively with stakeholders across Trading, Sales and support functions.
• Ability to multi-task, work under pressure and make sound decisions in fast-moving markets.

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, 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:

Email: hsbc.recruitment@hsbc.com

Telephone: +44 207 832 8500