Vice President, Metals Trader – HSBC

Job title: Vice President, Metals Trader

Company: HSBC

Job description: Job descriptionOur 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’s Precious Metals business is a leading market offering within Global Banking and Markets, providing comprehensive physical delivery, custody, bullion banking, financing, and hedging/trading services to Corporate, banking and Institutional clients.The Precious Metals Trading team is responsible for the pricing and risk management of the Commodities business globally. The Metals Trader will report locally into the Head of Americas Precious Metal trading in New York.As our Metals Trader you will:

  • Effectively 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
  • Ensure correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trading activity support, as necessary
  • Provide consistent pricing and market making to sales force and target clients
  • Execute firm and customers trades in accordance with desk Volcker designation and may contribute to the formulation of trading strategies
  • Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets
  • Provide market analysis and comments related to the metals market and technical analysis specific for each country using market intelligence tools and know how related to each of the products
  • Maintain high standards for accountability and global standards, particularly with regards to Financial Crime Compliance
  • Ensure all trades are booked to front office position keeping system on the day they are executed correctly with the associated lifecycle management

For this role, HSBC targets a pay range between $175,000 and $200,000.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:

  • Minimum 4 years of experience in precious metals
  • Strong knowledge and experience in financial products and experience in dealing with corporate and/or institutional clients
  • Excellent verbal and written communication skills as well as presentation skills
  • Ability to connect with and develop relationships with clients and internal stakeholders across both corporate and institutional client space and diverse geographies
  • Multilingual skill would be an advantage (Spanish would be an advantage)
  • Degree level or equivalent

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.

Expected salary: $175000 – 200000 per year

Location: New York

Job date: Fri, 10 May 2024 06:56:58 GMT

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