Associate, Debt Capital Markets

Job description

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.

The Associate, Debt Capital Markets will work in the New York Debt Capital Markets (DCM) team for the Bank’s North America region. The new hire will assist the team with daily responsibilities, including preparing analyses and pitches for client meetings, executing Debt transactions, and identifying funding opportunities across markets and currencies for different companies/sectors. Primary responsibilities include assisting senior team members in the coverage of their client base, engaging clients on current topics, pitch preparation and data management. Will interact as required with DCM professionals globally.

The Debt Capital Markets group markets, structures and executes fixed income related transactions on behalf of issuers. The group works closely with Banking, leveraged finance, and Derivatives teams to recommend and execute transactions for the Bank’s clients across the credit spectrum.

As our Associate, Debt Capital Markets you will:

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Assist in the preparation of deal-related and non-deal related marketing material

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Monitor US Treasury market activity and Economic releases on a daily basis

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Prepare US dollar, Euro and Sterling bond pricing spreadsheets, as well as other currencies

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Understand the different documentation requirements across different issuance platforms and markets

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Write a daily economic and treasury market update for distribution to clients

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Assist in the execution of live deals, including pricing, draft term sheets, orderbooks, etc., in various currencies

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Update transaction databases and league table spreadsheets

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Work with Debt Finance centers globally regarding trends, transactions and local currency markets around the world

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Assist in the preparation and writing of transaction reviews

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Track profit for specific transactions

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Create and maintain transaction documentation

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Work in conjunction with the Derivatives, Syndicate and Leveraged Finance, Corporate and Financial teams

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Prepare refinancing analyses for clients, taking into account among other things pricing, tenor, taxes and accounting implications

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Work in conjunction with the DCM, Derivatives, Syndicate and Leveraged Finance teams, as well as the Corporate, Financial and country specific coverage teams

For this role, HSBC targets a pay range between $175,000.00 and $225,000.00

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

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

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

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Previous investment banking or capital markets experience, and good understanding of financial markets

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Communication skills – Strong communication skills needed. Communicates what is relevant and important in a clear and concise manner, shares information and new ideas with others

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Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others’ contributions

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Strong quantitative skills and an understanding of fixed income products

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Strong skills in Excel and PowerPoint. Bloomberg skills would be viewed positively

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FINRA series 63, 79 and 7 licenses are required. Manager can allow a contingency period to obtain licenses at their discretion

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

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, diverse 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!

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.