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If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions. HSBC Asset Management (AM), the investment management business of the HSBC Group, serves HSBC’s worldwide customer base of retail and private clients, intermediaries, corporates and institutions invested in both segregated accounts and pooled funds. HSBC Asset Management fulfils its purpose of connecting HSBC’s clients with investment opportunities around the world through an international network of offices in approximately 30 countries, delivering global capabilities with local market insight. The HSBC Asset Management Direct Lending business is seeking to hire an Associate into its successful investment team.
In the UK and across Europe, HSBC Bank is the leading provider of debt to mid-market private equity sponsor owned businesses and the Direct Lending team benefits from access to this origination pipeline. The role will report to the Investment Director and the team is part of the broader Private Credit business within Asset Management, reporting to the Head of Private Credit and through to the CEO of Alternatives. The Direct Lending team is comprised of 19 investment professionals and 5 product development professionals split between London and New York. The Direct Lending investment team focuses on providing senior secured loans to mid-market borrowers across Europe. The team analyses new transaction opportunities, taking them through due diligence and ultimately executing the loan investments. Once executed the team will also undertake portfolio monitoring. As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution. In this role you will: Main responsibility is supporting the assessment and analysis of private credit transactions for recommendation to Investment Committee and the ongoing monitoring of portfolio assets.For new transactions, the role holder will review information memorandums, business plans, third party due diligence reports and build/test assumptions of financial models.Monitoring of investments post completion and production of internal and external performance reporting materials.Other responsibilities include management of loan drawdowns alongside operations and loan administration teams, checking of investment restrictions, updating of front office systems, ad hoc work on pitch documents and on fundraising materials.Maintain full compliance with HSBC Risk and Compliance policy, acting as a conscientious team player to support others to deliver the same. To be successful in this role you should meet the following requirements: Relevant experience gained within a private credit, leveraged finance or structured finance environment, ideally with some exposure to transaction execution.Strong level of commercial acumen with demonstrable evidence of working with financial models and an understanding of the fundamentals of investment appraisal and regulatory issues.Highly analytical with experience of working with complex financial data and information memoranda, business plans and 3rd party due diligence to create actionable observations and reports.Highly developed interpersonal and stakeholder management skills with a proven ability to build strong working relationships across a varied internal and external audience.Strong communication skills (written and verbal), and the ability to present to people at various levels within the business.Excellent time management, planning and organisation skills with the ability to take a pragmatic approach to managing tasks with conflicting priorities. This role is based in London Opening up a world of opportunity
Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.
We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.
If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:
Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500
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