Director, Index Trader

Job description

Director, Index trader, HSBC Securities (USA) Inc., New York, NY:

Generate and grow US Delta One related revenues in "US ring fenced book “and local US Balance Sheet. Support Equity Finance and Delta One (EF&D1) Sales in US and globally, provide pricing, trade ideas and market color to assist in the growth of our client franchise across financial institutions, hedge funds. Ensure trading activity and hedging is conducted within all appropriate risk parameters. Ensure compliance monitoring is in place, in accordance with HSBC and regulatory standards. Manage risks associated to these products by trading all sort of derivatives products: equity Total Return Swaps (TRS), listed options, futures, Interest Rate (IR) swap, FX. Manage funding and liquidity of Delta One activity in US. Assess market environment and develop trading capacities. Liaise with EF&D1 trading globally and Equity Derivatives trading locally as part of an integrated global business. Maintain communication with Delta One and Equity derivatives sales globally.

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Full time employment, Monday – Friday, 40 hours per week, Pay Range: $250,000 to $260,000 per year.

Requirements

Must have a bachelor’s degree or foreign equivalent in Business, Finance, Mathematics, or a related field and 7 years of progressive post-baccalaureate work experience.

Must have 7 years experience in:

·         Index trading or Deltaone;

·         Deltaone trading processes and risk management;

·         VBA or Python;

·         Programming database such as Bloomberg;

·         Manage complex and diverse derivative instruments and manage the risks related to them; and

·         Manage projects with different departments including but not limited to, Risk, Legal and IT departments.

Must have FINRA Series 7 and 63. 

Domestic or international travel required up to 5%

TO APPLY: If you would like to apply to this position, please click the 'Apply' button.

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. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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 competitive benefits package including a robust Wellness Hub, in a welcoming, diverse, and inclusive work environment. You will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. 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!