About the Role
HSBC Innovation Banking provides debt solutions to early-stage, high-growth, and public companies in the technology sector. We are looking for an Assistant Vice President passionate about the technology sector and innovation ecosystem, with experience in structuring and underwriting debt transactions. You will be a critical member of a lean team, focusing on due diligence, deal structuring, and portfolio management.
Responsibilities
- Meet with clients & prospects and help the team in building and maintaining relationships with these companies.
- Help structure venture debt facilities and other bank product credit limits that encourage balanced growth and protect against downside risk.
- Perform key underwriting functions including KPI analysis, driven/market analysis, and financial modeling including forecasting, scenario, and valuation analyses.
- Ensure accurate internal documentation of debt facilities, financial reporting and internal risk ratings.
- Build and maintain a portfolio management framework that ensures timely and concise reviews of financial performance to senior credit approvers.
- Review information and communicate on clients' performance internally.
- Build and maintain multiple internal controls related to the debt and bank product credit limits.
- Develop a firm understanding of HSBC’s banking products and markets.
Requirements
- Ability to analyze business models, financial statements, competitive landscapes, and KPI’s.
- Experience in debt underwriting with a focus on the technology sector with a particular understanding of risk mitigation, capital structures, and repayment analysis.
- Ability to assess and handle credit risks of existing portfolio including covenant compliance, rating changes, and ongoing financial performance.
- Constantly curious and has a keen curiosity about tech trends/news as well as a firm understanding of the startup and VC ecosystem.
- Willingness to wear multiple hats and collaborate with clients and internal partners.
- Ability to work alongside legal counsel in negotiating commercial and credit terms.
- Proficiency in Excel as well as databases such as Pitchbook or Crunchbase.
- Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
Skills
- Excel
- Pitchbook
- Crunchbase
Location
- US
Work Type
- Full-time
Experience Level
- Assistant Vice President
Benefits
- Tailored professional development opportunities
- Competitive pay and benefits package
- Robust Wellness Hub
- Welcoming and inclusive work environment
- Employee Resource Groups
- Industry-leading volunteerism policy
- Generous matching gift program
- Comprehensive program of immersive Sustainability and Climate Change Initiatives
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.
- HSBC Innovation Banking provides debt solutions to early stage, high growth and public companies in the technology sector.
- Our differentiator is a global footprint in 70+ countries as well as a well-rounded banking platform including investment and corporate banking solutions.
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.
