New York, NY, 10176, USA
7 days ago
Trader, US Cash Equities
**Description** 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. We are seeking a highly motivated and detail-oriented professional to join our U.S. Cash Equities Trading team. The role involves executing equity orders on behalf of institutional clients and managing risk positions. The ideal candidate will demonstrate strong market knowledge, quantitative skills, and the ability to thrive in a fast-paced trading environment while maintaining the highest standards of risk management and client service. The candidate must already hold active Series 7, 57 and 63 registrations as mandated by FINRA. **Key Accountabilities:** + Execute client and principal trades in Americas listed equities with a focus on best execution and minimal market impact. + Close cooperation with the Sales Trading and Product teams across the Execution Services group will be required to leverage existing relationships in order to increase penetration and revenues from the Target client list. + The role will require the candidate to provide color on the markets, training on the algos and value add information on how to improve execution performance.TCA will be used to drive the business forward and help clients to better improve upon their Execution benchmark. + The candidate will need to articulate changes in market structure, product enhancements and inform clients how best to navigate the changing market structure + Manage risk exposures within established limits and escalate as appropriate. + Ensure that strong working relationships are developed and maintained with all other global equity teams + The job may include helping to shape external marketing initiatives to increase the HSBC profile in the Execution space including conferences, media and marketing collateral. **Operational Effectiveness & Control** The job-holder will adhere to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes/procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators **Management of Risk** + The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organization + This will be achieved by consistently displaying the behaviors that form part of the HSBC Values and culture and adhering to HSBC risk policies and procedures, including notification and escalation of any concerns and taking required action in relation to points raised by audit and/or external regulators + The jobholder is responsible for managing and mitigating operational and conduct risk in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structures referred to as the 'Three Lines of Defense'. The job holder should understand their position within Three Lines of Defense and operate within operational risk policy, escalating in a timely manner where they are unsure **Observation of Internal Controls** + Display an understanding of and adherence to internal controls, as well as relevant regulatory guidelines and controls, and promote the awareness of the same. + Maintain awareness of the Operational Risk scenario associated with the role and act in a manner that takes account of operational risk considerations. + Ensure compliance with operational risk controls in accordance with internal and/or regulatory standards and policies; optimize relations with regulators by addressing inquiries. For this role, HSBC targets a pay range of $250,000.00 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. **Qualifications** You´ll likely have the following qualifications to succeed in this role: + Cash Equities product knowledge – understanding of the front to back lifecycle + Emerging market Cash Equities knowledge and experience (desirable) + Maintain a deep understanding of equity market structure, exchange rules, and regulatory requirements (SEC, FINRA, Reg NMS, etc.).Ability to establish and effectively manage governance forums to support the business + Knowledge of cross border tax implications of a global equities business including booking models and regulation regimes + Strong academic record and good all-around knowledge of financial markets and business finance + Strategic thinking / pro-active ‘can-do’ attitude / ability to challenge the norm + Track record in producing quality analysis with good analytical skills and attention to detail + Ability to multi-task, prioritize and operate under pressure + Team player/leader with strong communication skills to decompose and explain complex issues to all audience levels + Excellent organization and time management skills. In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position. 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, diverse 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!All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law. **Job Field:** Investment Banking, Markets and Research **Primary Location:** North America-United States-New York-New York **Req ID:** 0000LTCP
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