Role Purpose
Responsible for assisting with the origination, structuring and overseeing execution of asset backed finance transactions within the Structured Finance EMEA team. The role will cover a wider range of asset classes including mortgages, unsecured consumer loans, trade receivables, corporate loans & real estate loans. The SF team is responsible for both the financing of new transactions on to the balance sheet as well as the subsequent refinancing via the ABS markets and other de-risking channels.
Principal Accountabilities
- Working with SF team management to market to HSBC’s new and prospective clients to originate new financing and distribution opportunities.
- Working with junior team members to product relevant content to facilitate high quality discussions across our client base.
- Assisting to the design of complex asset backed financing structures to meet client needs as well as being capital efficient and managing the bank’s risk profile.
- Writing term sheets to share with clients to agree financing terms.
- Leading the structuring and execution of financing transactions, both for balance sheet transactions as well as public ABS issuance working with DCM.
- Working with external counsel to ensure transaction documentation is in line with agreed structure.
- Acting as the key coverage person from a product perspective and overseeing junior team members in managing ongoing amendments and renewals to existing transactions
- Working with the SF Portfolio Management function to provide a first line of defence in managing the risk profile of the existing book including maintaining regular dialogue with clients on their business performance and being aware of external factors that can impact on our risk profile.
- Full knowledge and understanding of all regulation that impacts the securitisation market as well as our own internal capital models for the SF products.
- Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy including inter alia, the Group Compliance policy.
- Maintain HSBC Internal Control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators
- Undertake all required activities as directed by line manager or as agreed in annual objectives in support of the development of the business.