Sales Intern – Retail Banking & Wealth Management – NYC/Buffalo

Job description

Retail Banking and Wealth Management (RBWM) offers both premium and personal banking solutions for our customers. The RBWM strategy is moving to a customer centric, proposition led strategy that is aligned with RBWM globally. Our RBWM clients should have the same experience when they visit HSBC in any country. As opposed to our competitors, HSBC has the ability to offer this banking model by leveraging its global scale and local knowledge, which gives us a sustainable competitive position in a market where we truly have a "right to win."

As a participant in the RBWM Summer Internship Program you will gain invaluable experience, working directly with our branch sales teams. Sales Interns will partner with various sales leaders in our branch network, to learn how to build effective relationships with HSBC clients in order to maximize profit and achievement of the growth of HSBC client portfolio. Sales Interns will be exposed to retail and commercial banking services, sales and customer experience, and a network of contacts from all levels of management. In addition to the hands on experience gained in our branches, Sales Interns will receive a combination of classroom training and interactive seminars. Upon successful completion of the summer internship program, you will eligible to pursue an opportunity to join our RBWM Graduate Development Program which will enable you to become a securities licensed sales professional.

Impact on the Business

At HSBC, we are committed to providing the very best in learning and development opportunities. HSBC offers you a structured internship program with:
· Future opportunity to join RBWM's full time Graduate Development Program (GDP)
· Internship orientation (an introduction to HSBC and goal setting objectives)
· A variety of experiences (including speaker events to gain exposure to other areas of the bank)
· Product and functional training
· Opportunity to participate in a Mentorship Program with GDP alumni
· Opportunities for social and networking events to build bonds and networks throughout the HSBC Group
· A unique opportunity to gain experience with meaningful assignments

Operational Effectiveness & Control

· To implement the Group compliance policy locally by containing compliance risk in liaison with the Head of Group Compliance, Global Business Compliance Officer, Area Compliance Officer or Local Compliance Officer, ensuring adequate compliance resources and training, fostering a compliance culture and optimizing relations with regulators.
· Complete other responsibilities, as assigned.

Management of Risk
· Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
Observation of Internal Controls
· Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

Desired profile

Qualifications :

·  BA/BS, all majors are considered, concentration in Business Administration or Finance a plus
·  Undergraduates heading into their graduating senior year with minimum 3.0 cumulative overall GPA
·  Appropriate eligibility and authorization to work in the United States during summer 2018
·  Superior quantitative, analytical, communication and leadership skills are essential
·  A willingness to commit to the full 10 week program (including social events) (June-August)
·  A second language is strongly desired, but not required
·  Candidates should have a desire to obtain full time employment beginning summer 2019

EEO/AA/Minorities/Women/Disability/Veterans