Credit Analyst
3 weeks ago
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.
Credit Management provides front line credit and risk ownership including writing credit papers, performing credit analysis, modeling projection and enterprise valuation analysis, coordinating with internal partners (such as Credit Risk, relationship managers, global partners, and product teams), client engagement on credit risk and structuring, and delivering sound recommendations based on robust business, relationship, and industry analysis using experienced judgment and conforming with internal credit policies/guidelines and external regulatory requirements.
As our Credit Analyst you will:
- Develop strong fundamentals of credit analysis as well as HSBC policies, procedures, models, templates, and systems under instruction of experienced Credit Managers
- Complete modeling and detailed credit analysis (including business and industry profile, historical financial performance, cash flow projections, Enterprise Valuations and peer comp analysis) on commercial banking and global banking clients across a range of corporate structures, industries, geographies
- Support coverages teams and relationship bankers across the country in the management of their portfolios via completion of monitoring tasks on existing clients
- Work to build sufficient knowledge and skills to join coverage team within ~2 years of joining the team
- Supporting and developing understanding of HSBC’s various businesses including Corporates in Commercial and Global Banking, Subsidiary Banking, Specialty teams, and Sectors
- Build a solid understanding of HSBC products and services within Commercial Banking and the broader organization (including GTS/Trade Finance, GPS/cash management, Rates/Markets, Foreign Exchange, Capital Markets, Cross-Border lending, and traditional credit products)
- Develop network within the Credit Management teams, Relationship Managers, the Credit Approval Unit, product partners, and international colleagues
- Develop a strong understanding of key regulatory metrics and compliance with initiatives around credit ratings, etc.
- Support broader Credit Management projects, initiatives, system changes, etc.
For this role, HSBC targets a pay range between $60,000.00 and $65,000.00
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.
You´ll likely have the following qualifications to succeed in this role:
- Undergraduate degree from a four-year school
- Analytical and detail-oriented, as demonstrated through course work and/or work experience
- Strong organization, time-management, and verbal/written communication skills
- Proactive approach to learning and development, with strong motivation to build skillset and take on new challenges
- Familiarity with Excel
- Prior credit experience not required
- Geographic mobility strongly preferred
- Hybrid role, in office ~2-3 days a week (Buffalo or Chicago)
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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