Director - Emerging Markets Trader
New York, NY, US, 10001
Job description
Director - Emerging Markets Trader, HSBC Bank USA N.A., New York, NY:
Manage a portfolio of interest rate derivatives in Latin American currencies, ensuring accurate pricing and effective hedging strategies. Execute interest rate derivative transactions for clients to optimize risk management and deliver revenue targets. Serve as the primary point of contact for clients, providing analysis and insights on Latin American currency markets. Ensure compliance with regulatory requirements and governance standards specific to Latin American markets. Maintain and enhance quantitative pricing models and valuation tools for interest rate derivatives in Latin American markets. Build and sustain relationships with market participants across Latin America to support competitive positioning.
#LI-DNI
Full time employment, Monday – Friday, 40 hours per week. Pay Range: $298,854.00 to $308,854.00 per year.
MINIMUM REQUIREMENTS:
Must have a Bachelor’s degree in Engineering or a related field and 8 years of progressive, post-baccalaureate work experience.
Must have 8 years of experience in:
- Pricing and valuing interest rate derivatives;
- Trading interest rate derivatives across clearing houses, futures exchanges, and bilateral venues; and
- Managing financial exposures in portfolios of interest rate derivatives.
Must have 5 years of experience in:
- Operating electronic trading platforms such as MarketAxess, Tradeweb, and Bloomberg;
- Managing electronic price delivery processes, including auto-quoting and auto-hedging;
- Delivering client specific solutions across interest rate derivatives products, such as interest rate swaps, cross-currency swaps, basis swaps, interest rate futures, fixed income securities, total return swaps, security forwards, or structured notes; and
- Providing analysis of key drivers impacting interest rate derivatives markets, such as monetary policy, fiscal policy, and treasury debt management.
International travel required up to 5%; Domestic travel required up to 5% [Sporadic travel to visit HSBC’s clients in the USA, Europe and Latin America]
If you would like to apply to this position, please click the 'Apply' button.
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. 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.
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 competitive benefits package including a robust Wellness Hub, in a welcoming, diverse, and inclusive work environment. You will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. 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!
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City