Analyst/Associate, Syndicate Operations (Debt Capital Markets)

Job Description

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

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.

Our Syndicate Operations Analyst / Associate will work on the syndicate desk in the New York Debt Capital Markets (DCM) team. This is an in-office role requiring physical presence and constant communication with colleagues. The Syndicate desk markets, structures and executes fixed income related transactions on behalf of issuers. The Syndicate desk works closely with Banking, Markets (sales and trading), and our DCM origination teams to recommend and execute transactions for the Bank’s clients across the credit spectrum.

Responsibilities

• Be responsible for booking all tickets on primary offerings, run hedge books on transactions, spot US Treasuries on pricing calls, reconcile order books with syndicate members (other banks which are active bookrunners), and maintain up-to-date transaction details / pricing information.
• Liaise with counterparts at joint book running banks to confirm allocations, Bill and Delivers, and trade bookings as well as process new issues trades and ensure accurate trade capture and P&L reporting with Product Control. You will help organize roadshows for global clients by working with markets teams to schedule investor meetings.
• Be involved in technology projects including helping design, set development requirements and test our in-house book builder.
• Assist on projects building a FIX connection with vendors such as Direct Books, S&P and Bloomberg TOMS.
• Practice our Stay Safe agenda managing short and long positions, managing US Treasury risk on hedge books with investor Treasury passes to the US rates desk, vendor system administration, point person for Regulatory Reporting, Compliance, Market Risk and Product control teams.
• Liaise with settlement teams to ensure smooth closing of new issues, Euroclear and DTC eligibility, while escalating trade fails.

Qualifications

• FINRA Series 7, 63 and 79 licenses required. A contingency period to obtain licensing can be provided at manager’s discretion.
• Experience using Bloomberg TOMs.
• A passion for people and building trusted relationships with enthusiasm to grow our platform.
• Strong verbal and written communications skills.
• Understanding of Stay Safe agenda.
• Strong Windows capabilities; Excel and Word.
• Ability to provide analytical support whenever needed.

Benefits

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 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!