Junior Equity Financing Trader (Synthetic Financing) (f/m/d)

At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger! We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.

Being part of HSBC in France, you’ll help evolve and grow our business. Are you curious and analytical? Do you have a strong interest in securities financing risk and quantitative modelling? Do you enjoy working in a multicultural and fast-paced environment? If you answered yes to any of these questions, we want to hear from you!

What you will do:

Provide first-line risk management support for the HBCE Prime Finance Trading desk. The role sits within the Synthetic Financing / Securities Lending desk and focuses on supporting trading, inventory management, financing optimisation and client activity. In line with the desk’s trading mandate, you will help fund the entity and support the business by covering short positions through diversified self-funded solutions, while offering index, single stocks and financing solutions to European clients.

In this role you will:

• Provide first-line risk management support for the HBCE Prime Finance Trading desk

• Support the management of the desk’s inventory, borrow demand and financing needs

• Provide market colour to internal desks on borrow rates, availability and short coverage

• Maximise revenue from the firm’s inventory, while helping develop new revenue streams and trading strategies where appropriate

• Support the pricing and execution of securities lending and Synthetic Financing transactions

• Monitor positions, balance sheet usage, collateral and funding costs

• Help identify inventory shortages, special situations and optimisation opportunities

• Track market moves, corporate actions, client demand and stock-specific developments

• Ensure trader bookings and amendments are completed daily, working to tight deadlines in a dynamic environment

• Share information with other trading desks and support teams across time zones to help support the global business

• Coordinate closely with Sales, Operations, Legal, Risk and Middle Office teams

• Prepare desk analysis, trading commentary and performance reporting

• Be responsible for the daily calculation, monitoring and reporting of P&L

• Communicate with other trading teams to ensure trades and projects are handled in a timely and controlled manner, escalating issues where appropriate

• Proactively identify opportunities to improve procedures and streamline the business

You should apply if you have:

• 1–3 years’ experience in Markets with a good understanding of market risk across securities lending, repo, Synthetic Financing products or equity derivatives

• Strong programming skills in Python and SQL, as well as experience with market data platforms such as Bloomberg or Reuters

• A good understanding of counterparty risk and exposure to client default scenarios

• Strong verbal communication skills in both French and English

• The ability to manage multiple priorities, with awareness of regulatory requirements and governance standards

• High attention to detail and strong risk awareness

• Strong communication skills and the ability to work effectively with a wide range of stakeholders

• A proactive mindset, willingness to learn and a strong work ethic

• A team-oriented approach with a strong sense of accountability

• The ability to operate with discipline and sound judgement in a trading floor environment

Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.

What you’ll get in return:

HSBC has been certified “Top Employer 2026” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in several countries in Continental Europe. Not only is HSBC a great place to work, but we also offer the following unique and exciting benefits & opportunities!

• We’ll help you progress your career, including access to development programmes, through HSBC University and our Degreed platform
• You can work your way and will have a say in when, where and how you and your team flexibly work together
• Our benefits will give you financial security, and can include company savings plan (PEE), savings plan for collective retirement, mutual insurance for you and your family, loyalty bonus, a Time Savings Account to monetize untaken off days (CET)…
• A Work Council which offers ticketing, travel, sports, legal aid, Christmas vouchers, Summer break vouchers…
• Our family-focused benefits can help you to support your loved ones and include family events days off (wedding, civil union…), additional maternity or breastfeeding leave, birth bonus, partial reimbursement of childcare costs, assistance to employees taking care of a relative with disability…
• We’ll give you a huge range of resources that support your well-being (yoga, sophrology, Mindfulness app)
• You’ll have international opportunities - this can be your place to start and branch out to anywhere we have offices
• A work environment that promotes Diversity & Inclusion, where you’ll be able to join our different Employee Resource Groups
• These benefits are on top of local usual benefits in France (refund of transport fees at 50%, 5 weeks of paid vacation & RTT, meal voucher card or corporate restaurant depending on location)

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. We are committed to removing barriers & ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.

If you have a need that requires accommodations or changes during the recruitment process, please let us know.

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For further information on building your career at HSBC, please visit: www.hsbc.com/careers