Credit Specialist

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 Credit Specialist provides credit related advice for the complex financing needs of our customers and support to UHNW Relationship Managers by structuring, negotiating, underwriting and closing (documenting) new credit opportunities. This includes tasks such as preparing marketing pitches, negotiation of term sheets with clients, drafting credit applications, working with lawyers to perfect collateral as well as working on specific credit project as required from time to time.

As our Credit Specialist you will:

·  Bespoke lending to UHNW clients

·  Ensure an optimal delivery of our bespoke credit products and capabilities to key customers, in a direct client facing capacity or in co-ordination with RMs and/or train and advise RMs on credit products and/or in the area of identifying credit opportunities and marketing credit products and solutions to customers

·  Provide good customer service at all times to both internal and external clients. Meeting with key clients for delivering large complex credits 

·  Proactively identify and develop new business opportunities for new and existing clients

·  Closely work as partners with Credit Risk function

·  Maintain and build strong relationships across all teams in Group Private Bank

·  Network with internal HSBC partners in Commercial Banking and Global Banking to drive additional UHNW opportunities to PB

·  Risk assessment and credit recommendation

·  Monitoring of the lending guidelines including the implementation of any changes in GPB Credit risk appetite 

·  Understand credit policy and be aware of periodic changes and updates

For this role, HSBC targets a pay range between $230,100.00 and $345,100.00

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:

·  Understanding and expertise in the various credit products expertise the HSBC Private Bank offers including Private Equity Capital Calls, Financials Sponsors (LP interested and Co Investment), Art, Aircraft, Yacht, Life Insurance Premium Financing and Privately held shares

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.