Vice President - EMEA Structured Finance in London

Role Purpose

You will be 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 wide range of asset classes including mortgages, unsecured consumer loans, trade receivables, corporate loans and real estate finance and loan on loan structures.  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 Accountibilities

• 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.
• Strong and varied product knowledge across asset classes with experience specifically on real estate lending, loan on loan structures and/or CMBS.
• 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 in conjunction with other internal product partners. 
• Working with external counsel to ensure transaction documentation is in line with agreed structure.
• Acting as a 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 your line manager or as agreed in annual objectives in support of the development of the business.

• Proven experience gained within asset backed deal origination and execution
• Good knowledge of the ABS market across several asset classes including rating agency methodologies and regulatory environment.
• Experience in real estate financing structures and associated securitisation techniques, including loan on loan structures and CMBS.
• Knowledge of HSBC’s ICG client base and corporate clients using asset backed products. 
• Previous experience of working directly with clients and managing ongoing relationships.
• Knowledge of Global Banking and Markets products
• Ability to work quickly and accurately under pressure
• Strong Excel modelling skills and ability to read and comment on complex legal documents.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate.
Within the work place you will have access to various employee resource groups which aim to promote and achieve a health work / life balance and support our diversity ambitions.
HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.