Director, Credit Trading

-Job description

**Some careers grow faster than others.**

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Our Markets business is one of the largest of its kind in the world. It combines sophisticated 24- hour global coverage with a detailed knowledge of local markets. Our services are offered both online and offline in more than 60 countries and territories worldwide. We specialise in foreign exchange, credits and rates, structured derivatives, equities and debt, equity and equity-linked capital markets.

We are currently seeking a high caliber professional to join our team as in the capacity of **Director, Credit Trading.**

**Values**

The role holder will ensure the HSBC values are present in everything we do, both individually and as an Organisation. This will be achieved by consistently displaying the behaviours of:

- Dependable and do the right thing
- Open to different ideas and cultures
- Connected to customers, communities, regulators and each other.

**Principal Responsibilities**
- Management of trading book risk within defined limits.
- Generate appropriate return on risk in context of market opportunity.
- Maintain high level of client engagement, providing market colour, views and trade recommendations.
- Maintain appropriate market share for a top tier franchise.
- Provide appropriate support and colour to DCM.
- Assist in the delivery of technical enhancements around pricing and data capture of the business
- Provides timely and accurate execution of trades for the Bank’s targeted clients
- Effectively maintain risk positions whilst adhering to pre-set risk parameters and help the trading team achieve revenue targets
- Ensure timely execution and reporting of trading tickets, maintain communication with sales desk and assist in resolving settlement problems, ensure ticket entry completion and provide general trade support as necessary
- Provide pricing to sales teams and clients that is in line with Bank’s policies
- Ensure all trades are booked into front office primary trading systems in accordance with internal policy and regulatory requirements
- Ensure all transactions deliver fair outcome for our clients and do not cause disruption to market transparency and/or order, and are in line with HSBC Code of Conduct
Requirements

**Requirements**:

- Market making experience, detailed knowledge of all aspects of business’ trading area
- Bachelor's or equivalent University degree, or equivalent work-related experience.
- Excellent verbal and written communication skills, with very strong analytical skills.
- Ability to multi-task and to work well under pressure, strong problem-solving and decision-making skills.
- Able to understand and manage complex and diverse instruments.

**Management of Risk**

Responsible for effectively managing market and credit risks within the limits established for the desk/ business. Responsible for the continual assessment of operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.

Demonstrates compliance with HSBC Bank plc Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role.

**Observation of Internal Controls**

Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.

**You’ll achieve more when you join HSBC.**

Issued by The Hongkong and Shanghai Banking Corporation Limited.