Senior Associate - Warehouse Finance

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:

The Warehouse Lending (WHL) team sits at the heart of HSBC Innovation Banking’s Structured Finance platform, providing tailored asset-backed debt facilities to high-growth fintechs and non-bank lenders across the UK and Europe.  We’re looking for a commercially astute and technically strong Senior Associate to support both portfolio management and deal execution.

This role is suitable for a proactive and committed professional who thrives in a fast growing and dynamic environment.  It offers an excellent opportunity to enhance technical expertise, client engagement and deal management skills.  The WHL team has a broad spectrum of skills developed from experience working at IBs, rating agencies, and specialist commercial banks.

The value you’ll add:

This is a role spanning both portfolio management and transaction execution within WHL. You will take responsibility to key portfolio processes and will also support deal qualification, structuring and execution for existing clients and new opportunities. The role is client-facing and requires strong stakeholder management, requiring effective coordination with internal stakeholders (including operations) as well as liaising with clients or prospects on transaction deliverables before, during and after execution.

The Senior Associate will also assist with the day-to-day running of the team; this could include assigning tasks, training new or junior colleagues and contributing to broader projects.

What you can expect to be doing:

Support day-to-day portfolio management activities, including amendment/waiver request analysis, credit renewal tracking, coordinating transaction updates and audit responses.

Monitor financial and asset-level reporting across asset classes, life stages and geographies using company reporting, portfolio tools, bank accounts and internal systems.

For existing deals, support deal leads through the internal credit process by conducting analysis/research, drafting credit memorandums, and coordinating internal communications.

Liaise with operations, the deal team and clients to ensure accurate, timely drawdowns, payments, and monthly reporting.

Help prepare periodic portfolio reviews, including analysis and presentation materials.

Support the development and rollout of policies and operating procedures, working with operations, process enablement, business risk and senior credit officers, among others.

Support transaction execution activities, for both existing clients and new prospects, including due diligence and coordinating processes with clients, other lenders and internal/external partners.

Support the end-to-end process including engaging with clients/prospects, internal stakeholders, (e.g. relationship management, credit, legal, operations) and external stakeholders (e.g. external counsel, credit partners) to ensure successful outcomes

Support the structuring, underwriting and closing of warehouse facilities by supporting the creation of credit papers, cashflow modelling, collateral analysis, term sheets, financial models and deal structures

Build client relationships in the Fintech space

Requirements:

Structured finance experience from investment or commercial banks, specialised lenders, asset managers or rating agencies is a plus

A keen interest in the technology sector and venture capital / private equity transactions

Ability and understanding of effective portfolio management.

Financial modelling and structuring asset-backed facilities

Knowledge across asset classes such as invoice financing, credit cards, consumer and commercial lending is a plus

Sold understanding of credit risk.

Comfortable working collaboratively and independently in a fast-paced environment.

Proven ability to manage multiple competing priorities with strong organisation and time management.

Where you’ll be based:

Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office, with a current requirement to be in the office 2 days per week.

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