About the Role
The Associate, Index Trader is responsible for driving revenue generation across index products, forward trading, and ETFs. The role contributes to the development and refinement of trading strategies, while actively managing the risk profile of the global indices and ETFs book.
Responsibilities
- Supervise traders, with a high level of responsibility covering the entire trading process cycle and a specific focus on conduct
- Communicate commercial opportunities and optimization strategies across, upward and downward
- Manage teams and collaborate across assets and regions to increase synergies and revenue
- Maintain various risk positions and manages within position limits, providing liquidity and trade ideas to clients while trading within set limits to help the trading team achieve a given revenue target
- Identify when decisions need to be taken to a high level
- Provide consistent pricing and market making to sales force and target clients
- Provide feedback to sales and management about Client hit ratio (target, new indexes, replication issues)
- Collaborate with IT and Quants to enhance trading platform and pricing systems
- Foster collaboration to provide new products to our clients
- Develop strategies to increase Net revenues and reducing costs (financial resources)
- Execute firm and customer’ trades in accordance with desk Volcker designation, focusing on conduct and HSBC values
Requirements
- Prior experience working in a capital markets capacity
- FINRA SIE, S7, S57, S63 licences are required. A contingency period to obtain licences can be provided at the discretion of the manager
- Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
Education Level
- Bachelor's degree in applicable discipline
Benefits
- Access to tailored professional development opportunities
- Competitive pay and benefits package
- Robust Wellness Hub
- Welcoming and inclusive work environment
- Empowerment to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy
- Generous matching gift program
- Comprehensive program of immersive Sustainability and Climate Change Initiatives
- Employee Resource Groups
About the Company
- 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.
Equal Opportunity
- 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.
