Index Trader

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.

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

Join HSBC Global Markets in a front-office trading role focused on index, forward trading and Exchange-Traded Funds (ETFs). You’ll help shape trading strategy, manage risk across a global book, and partner closely with Sales, clients, Quants and Technology to deliver strong outcomes—commercially and conduct-wise.

As our Vice President, Index Trader, you will:

• Generate revenue across index, forward trading and ETF products, contributing to desk strategy and optimization ideas
• Manage risk across a global indices/ETFs book (including delta, dividends, repo, FX and corporate actions) within approved limits (intraday and overnight)
• Price and make markets consistently for Sales and target clients, providing liquidity and trade ideas
• Execute client and firm trades in line with the desk’s Volcker designation, with a strong focus on conduct and HSBC values
• Partner with Sales and clients as a key point of contact, ensuring orders are executed in the best possible way and delivering fair customer outcomes
• Improve performance transparency by providing feedback on client hit ratios, new index opportunities and replication issues
• Collaborate with Quants and IT to enhance trading platforms and pricing systems
• Drive cross-asset and cross-region collaboration to build synergies, develop new products and grow revenues efficiently
• Support leadership and supervision of traders, including oversight across the trading lifecycle and day-to-day controls
• Maintain reporting discipline, including daily and monthly reconciliations as required

You´ll likely have the following skills to succeed in this role:

• Proven capability in index and/or ETF trading with a strong commercial mindset and disciplined risk management
• Demonstrated experience managing key risk drivers (e.g., delta, dividends, repo, FX, corporate actions) within defined limits
• Strong stakeholder management skills—able to work effectively with Sales, clients, Quants and Technology
• Clear commitment to market conduct, controls and fair customer outcomes, with confidence to escalate issues when needed
• Financial Conduct Authority (FCA) registration (required)
• FINRA licences: Series 7, 63 and 57 (required)
• Quantitative background adn codins skills is a plus
• Experience contributing to or leading platform/pricing enhancements with Technology and Quant teams
• Track record of cross-asset product collaboration and building scalable trading solutions
• People leadership experience (coaching, supervision, performance development)

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 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!

Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.