Assistant Vice President, Credit Solutions

2 weeks ago


San Francisco, United States HSBC Full time

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. We are looking to hire an Assistant Vice President who is passionate about the technology sector and innovation ecosystem. Ideally, you have experience in structuring and underwriting debt transactions as well as a keen curiosity about high growth companies in the enterprise, fintech, consumer, and climatetech sectors. You will be a critical member of a lean team and primarily focus on due diligence, deal structuring, and portfolio management as well as presenting with internal partners regarding the Innovation Banking division's debt portfolio.

As our Assistant Vice President, Credit Solutions - Technology you will:

  • Meet with clients & prospects and help the team in building and maintain relationships with these companies
  • Help structure venture debt facilities 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
  • Active involvement and engagement with analysts to provide underwriting guidance on ancillary credit facilities
  • Develop a firm understanding of HSBC's banking products and markets
For this role, HSBC targets a pay range between $100,000.00 and $175,000.00

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.

Requirements

You'll likely have the following qualifications to succeed in this role:
  • 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

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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