Vice President, Sales, Exchange Traded Derivatives (ETD)
Chicago, IL, US, 60606
Job description
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.
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.
Derivatives Clearing Services (DCS) sits within HSBC’s Corporate and Institutional Bank and is responsible for providing clients the ability to execute and clear Futures and Options, as well as clear eligible Interest Rate Swaps, Inflation Swaps, and Credit Default Swap Indexes.
The DCS business is looking to expand its ETD (Exchange Traded Derivatives) Execution Sales team. HSBC services some of the largest global institutional customers, including asset managers, hedge funds, banks and corporations. The DCS business is seeking a salesperson to execute orders on behalf of our institutional and corporate clients in futures and options across multiple asset classes (i.e., fixed income, equities, and commodities).
As our Vice President, Sales, Exchange Traded Derivatives (ETD) you will:
- Work within the futures execution team to support global client order flow, whether it comes from US desks or affiliate desks in Europe and Asia
- Share daily market colour and practical trading guidance with clients
- Be a partner with Rates, Equities and Prime to spot opportunities, onboard institutional clients, and drive futures and options activity through the desk, with a clear focus on revenue growth
- Be a reliable team player who can step in to cover accounts and keep service smooth when the desk is short-staffed
- Help build out the firm’s execution capability and support delivery of key business initiatives
- Stay closely connected with traders and research to make sure client needs are understood and met
- Bring strong communication and presentation skills
- Identify key functionality development to improve services to our clients
- Support the testing of new eTrading products and services
- Deliver fair outcomes for HSBC’s customers and ensure own conduct maintains the orderly and transparent operation of financial markets
- Demonstrate behaviors consistent with HSBC’s diversity policy and/or the best interests of the business and its customers
You´ll likely have the following qualifications to succeed in this role:
- Institutional sales experience with experience in futures and options execution
- University Degree or advanced qualifications and equivalent experience
- FINRA Series 3 required; Series 7, 63 a plus
- Strong working knowledge of capital markets across fixed income, equity indices, and commodities
- Solid work ethic, a motivated self-starter needing little direction, with a strong focus on growing revenues
- Ability to engage with key stakeholders at various levels (buy-side traders, portfolio managers, treasury)
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: Chicago