Vice President, Portfolio and Asset Management
Company: HSBC
Location: New York
Posted on: May 3, 2025
Job 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.The new vice
president is charged with supporting HIF Management in proactively
monitoring credit quality of portfolio and assisting in
restructuring discussions with clients to minimise provisions and
credit losses. In addition, the role will assist with distribution
activities in the Primary and Secondary loan markets in conjunction
with Structured Syndications, US Private Placements and Debt
Capital Markets.As our Vice President, Portfolio and Asset
Management you will:
- Support HIF Management in proactively monitoring credit quality
of portfolio and assisting in restructuring discussions with
clients to minimise provisions and credit losses. Ensure that
problems with assets under management are identified as early as
possible and remedial action is taken as soon as possible. Manage
the portfolio proactively.
- Monitor, prepare amendment/waivers & credit reviews on PF and
EF assets and ensure, in conjunction with Coverage and CAU, robust
audit trail in respective HSBC systems.
- Understand, observe, and apply all key Credit policy
requirements.
- Prepare reports on portfolio including sector concentration
reports, RWAs and liquidity management.
- Contribute to financial & regulatory reporting (TM1,
OMNIA).
- Assist front line deal directors with proper review &
submission of credits to Risk for new deals, as needed.
- Manage key financial and operational risks by understanding and
fulfilling the roles and responsibilities of "risk owner" and
"control owner" within the Three Lines of Defence.
- The PM role is integral to the coordination of assets sales in
the Americas and acts as a coordinator between multiple
distribution channels available to the HIF Americas business.
- The key customers/stakeholders include HBUS Risk, WPM, ISV,
HBUS Finance, Internal members within HIF, PM team members in other
regions, External contacts with clients in portfolio as well as
other banks, etc for secondary sales.For this role, HSBC targets a
pay range between $150,000.00 and $180,000.00. 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.RequirementsYou -ll likely have the following
qualifications to succeed in this role:
- Technical understanding of EF and PF products.
- Familiarity with CARM, complex limits systems, TM1, OMNIA and
other Bank financial reporting systems would be an asset.
- Adherence to FINRA Requirements within GB approved timeframe
(series SIE, 63, 7, 79).
- Strong credit and portfolio management skills.
- Experience of working on Infrastructure Finance transactions
and structures.
- Understanding of project finance financial models.
- Ability to navigate complex legal documents.
- Understanding of environmental and sustainability risks.
- Strong analytical, problem-solving, and decision-making
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.
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Keywords: HSBC, Middletown , Vice President, Portfolio and Asset Management, Executive , New York, Connecticut
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