US Convertible Bond 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.

As our US Convertible Bond Trader you will:

• Support day to day US Convertible Bond trading requests for institutional clients; provide liquidity to clients and manage positions in order to maximize revenue of trading profit
• Manage risks associated to convertible bonds by trading stocks, stock options, futures, IR swap, FX, correlation products, etc
• Assist in post trade process by accurately booking all the transactions in relevant systems on time
• Independently resolve position and P&L reconciliation
• Maintain risk positions within limits; ensure trading activity is conducted with all appropriate risk parameters and participate in enhancing the current way we manage the positions
• Maintain communication with sales team to build a client franchise

Management of Risk

• Responsible for the continual assessment of operational risks associated with the role and inherent in the business, taking into account changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology
• Demonstrate compliance with HSBC Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role

Observation of Internal Controls

• Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators
• Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business activities associated with the role

Qualifications

• Good understanding of convertible bond and other derivatives products, as well as the market drivers
• Ability to conduct basic fundamental analysis on corporate and securities, including from credit and equity gap risk perspective
• Understand the different type of risks and the ways to manage risks
• Good overview on regulation and accounting, including upcoming changes which impact the industry
• Good understanding of different client business models
• Excellent verbal and written communication skills, with very strong analytical skills
• Ability to multi-task and to work well under pressure, strong problem-solving and decision-making skills

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.