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.

HSBC is looking for a candidate to join the America’s Prime Finance Business as a Securities Lending Trader based in New York.

As our Securities Loan Trader you will:

Stock Loan Trader for the America’s Prime Finance businessTrading US equities, providing market colour for internal desks (especially Prime Sales) and direct to clients on borrow rates and availability, covering internal and Arranged Financing customer short positionsGenerating revenue on the firm and customer inventory, developing new revenue streams trading strategies wherever possibleMonitor and process customer locates from Internal and external clients including the creation and publishing of ‘Availability” and “Axe” files on a daily basis in a timely and efficient manner, escalating any concerns accordinglyResponsible for calculating, tracking and reporting P/L on a daily basisProcess trades/ returns in a competent, efficient and accurate mannerCommunicate with other trading teams to ensure trades projects are dealt with in a timely and controlled manner, escalating concerns accordinglyEnsuring business is conducted within the firms risk appetite and that financial resource usage is optimizedMonitor and process recalls on a daily basis in a timely and efficient manner, escalating any concerns accordinglyPro-actively seek out the opportunity to implement procedural improvements to help streamline the business

For this role, HSBC targets a pay range between $175,000.00 and $200,000.00

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