Associate, Index Trader

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US and will not engage in immigration sponsorship for this position.

About the role

The Associate, Index Trader is responsible for driving revenue generation across index products, forward trading, and ETFs (Exchange Traded Funds). The role contributes to the development and refinement of trading strategies, while actively managing the risk profile of the global indices and ETFs book, including key sensitivities and exposures such as delta, dividends, repo, and corporate actions. As a key point of contact for Sales teams and clients, the Associate ensures client orders are executed to the highest possible standard, with a strong focus on best execution and consistent alignment with HSBC’s values.

Responsibilities

• Supervise traders, with a high level of responsibility covering the entire trading process cycle and a specific focus on conduct.
• Communicate commercial opportunities and optimization strategies across, upward, and downward.
• Manage teams and collaborate across assets and regions to increase synergies and revenue.
• Maintain various risk positions and manage 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.
• Identify when decisions need to be escalated to a high level.
• Provide consistent pricing and market making to sales force and target clients.
• Provide feedback to sales and management about client hit ratio (target, new indexes, replication issues).
• Collaborate with IT and Quants to enhance trading platform and pricing systems.
• Foster collaboration to provide new products to clients.
• Develop strategies to increase net revenues and reduce costs (financial resources).
• Execute firm and customer trades in accordance with desk Volcker designation, focusing on conduct and HSBC values.

Requirements

• Bachelor's degree in an applicable discipline.
• Prior experience working in a capital markets capacity.
• FINRA SIE, S7, S57, S63 licenses are required. A contingency period to obtain licenses can be provided at the discretion of the manager.

Benefits

• Tailored professional development opportunities.
• Competitive pay and benefits package, including a robust Wellness Hub.
• Industry-leading volunteerism policy.
• Generous matching gift program.
• Comprehensive program of immersive Sustainability and Climate Change Initiatives.
• Employee Resource Groups for development and networking.

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.