Job Description

Some careers have more impact than others.
If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. 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.
International Wealth and Premier Banking (IWPB) provides a leading premium proposition through Premier Banking and, together with our Private Bank, are present across the world's most important markets, booking centres, and corridors most valued by our clients. Our wealth offering is further enhanced through our best-in-class manufacturing capabilities in Asset Management and Insurance. HSBC Private Banking helps high net worth and ultra-high net worth clients manage, grow, and preserve their wealth for generations to come. Our network of global experts helps clients access investment opportunities around the world, plan for future with wealth and succession planning, manage their portfolio with tailored solutions, and find the right support for their philanthropy.
We are currently seeking a high calibre professional to join our team as a Fixed Income Product Specialist / Trader - Global Private Banking.
In this role you will:

• Deliver fixed income strategies, market commentary and product solutions for private bank and retail wealth clients
• Conduct issuer credit coverage and product due diligence
• Support Relationship Managers and Investment Counsellors in providing Fixed Income recommendations and bond portfolio reviews
• Provide training, thought leadership and education to RMs/ICs on fixed income products
• Grow Credit-Linked Structures business in close collaboration with Structure Products team
• Place and execute orders for Fixed Income products received via OMS and direct dealing clients (execution only)
• Process orders in OMS for bonds primary issues promptly and adhere to the best execution policy
• Ensure prompt bond price discovery to RMs/CSEs/ICs
• Design and approval of new or materially changed fixed income products, ensuring it meets both global and local regulatory requirements, aligns with global strategy, and addresses customer needs; maintain thorough documentation of the product design process for proper audit trail
• Participate and conceptualize on platform related projects to enhance workflow, automation and streamline processes. This includes delivery, UAT and commercialization of the project post go-live
• Create and distribute ad-hoc and monthly MIS reports to management
• Manage trading and product regulatory risk items to ensure adherence and minimize operational risk
• Back-up key activities of team members

To be successful you will need:

• 5-10 years prior experience in private banking and wealth management industry with strong knowledge on fixed income products
• Relevant qualification in Finance or Economics or related disciplines. CFA charter holders well regarded
• Strong understanding on fixed income platform and industry trends would be an advantage
• Excellent communication and presentation skills are required

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regards to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis.
Opening up a world of opportunity
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited.

Skills Required