Senior Cash Equity Hedge Fund Sales
New York, NY, US, 10001
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.
We are seeking a senior Cash Equity Hedge Fund Sales professional for leading coverage of top tier hedge fund clients based in New York. The role will require that the individual focuses on monetizing and deepening their pre-existing and long standing relationships at the Portfolio Manager / Chief Investment Officer / Head of Trading level, driving revenues and share of wallet across U.S. and global cash equities and associated solutions, including Prime.
Key Responsibilities
- Act as Senior Hedge Fund salesperson for a portfolio of top tier hedge funds, with frequent direct engagement at Portfolio Manager (PM) and senior trading level
- Develop and execute account plans with clear revenue, share of wallet and cross sell targets
- Originate and deliver high conviction trade ideas, market color and execution solutions (high touch, electronic, program and block/risk trades)
- Coordinate internally with trading, research, corporate access, prime/synthetics to deliver a cohesive coverage offering
- Monitor client activity, profitability and wallet trends; reprioritize coverage to maximize Profit and Loss impact
- Uphold highest standards of conduct, compliance and risk management in all client dealings
- Provide mentoring and guidance to junior and mid-level sales colleagues
Skills Competencies
- Experience of cash equity or hedge fund sales at a leading investment bank or broker dealer
- Proven revenue track record with top tier hedge funds and an active network of senior PM level relationships
- Strong knowledge of U.S. and global cash equity markets, hedge fund strategies and market structure
- Excellent sales, negotiation and communication skills; highly commercial and analytical
- Ability to work in a high-paced and dynamic environment
- Bachelor’s degree required; advanced qualifications (e.g. CFA) an advantage
- Regulatory licenses FINRA Series 7 and 63 or ability to obtain within required timeframe
- Based in, or willing to relocate to, New York, NY
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.
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City