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 global HSBC Collateral Management team is responsible for the margining and associated management of collateral assets for all HSBC Group OTC derivative, FX, commodity, and repo activity. The group is tasked with minimizing HSBC’s counterparty credit exposure via the use of collateralization, acting on margin terms which are dictated in the various margin agreements, while providing superior client service to our counterparts.
As our Senior Analyst, Collateral Services you will:
The issuance and response of margin calls as defined in the relevant business documentation
Input and approval of collateral movements into HSBC’s collateral system and follow through on the settlement of the collateral
Continually review and challenge the current processes for potential improvements and identify control gaps
Reengineer to improve and address control issues
Identify and highlight disputed margin calls; escalate as necessary
Work with business partners to review all new business initiatives as it relates to collateral management
Perform other job-related duties as assigned
Manage counterparty risk exposure of HSBC and provide valuation support to Clients on a daily basis
For this role, HSBC targets a pay range between $95,600.00 and $143,400.00
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.