Senior Analyst, Collateral Services, HSBC

HSBC

Location:
United States, New York

Category:
Banking

Contract Type:
Employment contract

Salary:

95600.00 - 143400.00 USD / Year

Save Job

Apply Position

Job Description:

The global HSBC Collateral Management team is responsible for the margining and associated management of collateral assets for all HSBC Group OTC derivative, FX, commodity, and repo activity. The group is tasked with minimizing HSBC’s counterparty credit exposure via the use of collateralization, acting on margin terms which are dictated in the various margin agreements, while providing superior client service to our counterparts.

Job Responsibility:

The issuance and response of margin calls as defined in the relevant business documentation
Input and approval of collateral movements into HSBC’s collateral system and follow through on the settlement of the collateral
Continually review and challenge the current processes for potential improvements and identify control gaps
Reengineer to improve and address control issues
Identify and highlight disputed margin calls
escalate as necessary
Work with business partners to review all new business initiatives as it relates to collateral management
Perform other job-related duties as assigned
Manage counterparty risk exposure of HSBC and provide valuation support to Clients on a daily basis

Requirements:

Knowledge of OTC and/or Repo collateral management
Familiarity with OTC Derivative Products, Foreign Exchange, Precious Metals, Repo back and middle office functions
Understanding of ISDA CSA, MRA and other margin related documentation
In depth knowledge related to the valuation of OTC derivative products
Knowledge of cash and non-cash settlement processes
Proficient understanding of Margin Requirement for Un-cleared Derivatives (MRUD)
A high level of customer service knowledge. The ability to communicate clearly and concisely with clients in this client facing role, but also very technical so client queries are met with professionalism
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S.

What we offer:

A competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay
A robust Wellness Hub
A welcoming, diverse and inclusive work environment
Tailored professional development opportunities
Industry-leading volunteerism policy
Generous matching gift program
Comprehensive program of immersive Sustainability and Climate Change Initiatives
Employee Resource Groups

Additional Information:

Job Posted:
August 23, 2025

Expiration:
September 05, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Senior Analyst, Collateral Services

HSBC

Location:United States, New York

Category:Banking

Contract Type:Employment contract