Provides timely and accurate execution of trades for Company's targeted institutional clients in assigned sector.
Primary Responsibilities/Essential Functions
Effectively maintains various risk positions and manages position limits, providing liquidity to clients and markets.
Accounts for Senior Trader are of a more complex nature and larger in size. Trading limits are also higher as well as overall accountability and proprietary risk.
Bring together simultaneous buy & sell orders in cooperation with sales desk. Maintains complete and detailed records to verify orders as they are executed.
Ensures correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trade support, as necessary.
Provides consistent pricing service to sales force and target clients. Provides market information to sales staff as well as guidance on transaction opportunities and market timing.
Generates and grows solid relationship with HSBC top customers worldwide.
Provides consistent pricing and market color to syndicate desk and global banking, in order to generate primary issuance for the firm.
Responsible for making markets and trading within authorized limits.
Executes firm and customers' trades in accordance with established trading strategies and may contribute to the formulation of trading strategies.
Maintains a thorough knowledge of the product area including market liquidity and volatility, pricing and trading strategies.
Provides technical and product support to junior staff.
Handles all trading situations and is confined only be risk limitations.
Works with systems vendors to set up & maintain customer specifications & trading parameters.
Ensures compliance monitoring is in place, including processes for management of operational risk, in accordance with HSBC and regulatory standards.
Provides management direction to foster effective selection, development and reward of subordinates (if applicable) while contributing to initiatives in support of the Company's Diversity programs.
Management of Risk
Each employee must be aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations.
Each employee must ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
Each employee must promote an environment that supports diversity and reflects the HSBC brand.
Observation of Internal Controls
Each employee must maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
Any failures to comply with the above should be reflected in year-end performance assessments.
Each employee must understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.
Internal Number: 862097
HSBC was born from one small idea: a local bank serving international needs. We started our business in Hong Kong in 1865. In 2015, HSBC celebrates its 150th year anniversary. Over the years, HSBC grew through expanding its branch network, offering new products and establishing its own investment banking arm.
We aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people fulfill their hopes and realize their ambitions.
• Located in 72 countries and territories
• Serving around 48 million customers
• Supported by over 268,000* people
• Head office in US is New York City
We aim to be dependable, open and connected in everything we do. We want to ensure that our employees feel able to stand up for what is right, highlight potential risks and act with integrity, even when faced with pressure to act otherwise. By doing so, we will be able to meet expectations of society, customers, regulators and investors. To make sure everybody at HSBC lives up to these values, they are a part of everyone's annual performance review.
At HSBC, you will find that we are dependable, o...pen to different ideas and cultures, and connected to customers, communities, regulators and each other. Our culture has a family feel to it – our employees are encouraged to work together to reach a common goal. This idea is supported and encouraged at the leadership level and passed down.
Our size and global reach mean more opportunities for you to grow your career with us.
We are looking for forward-thinking, driven, perceptive candidates to help our customers realise their hopes, dreams and ambitions.
This means people who are dependable, open to different ideas and cultures, and enjoy being part of a team; people who have the potential to become the future leaders of HSBC.
We encourage you to drive your own development and build your network within your office and around the world.
We provide the opportunities for you to connect with customers, colleagues and the communities in which we operate.