Retail Fixed Income Trader

Description Other Locations:  

Make the Right Move and join a winning team! Build your career with us. HSBC - North America is a part of HSBC Group, one of the largest banking and financial service organizations in the world. Our domestic strength and extensive global network provides our employees with the best of both worlds - the friendliness of a local organization and the resources of a worldwide network - for diverse experiences and challenging career opportunities. This position processes all municipal, government, corporate and syndicate bond trades for retail fixed income accounts. Maintain municipal bond inventory and mark to market, as well as underwriting commitments of municipals. Provide daily market updates, offerings and source bonds. Work with Financial Advisors to introduce portfolio bond tool on BondCenter HSBCnet. Execute trades of treasuries, agencies and collateralized mortgage obligations (CMOs), as well as treasury auction orders, and trade execution of commercial paper and brokered certificates of deposit. Qualify Financial Advisors to sell CMOs. Provide daily updates to market and new issue agencies and all secondary offerings. Confirm management information system revenue. Execute secondary trading for corporate and sovereign bonds. Maintain responsibility for Direct Access Notes Programs and preferred equity trust new issues.  Complete syndicate trading, including equity initial public offerings (IPOs), equity add-ons, closed-end funds and product information and communications. Maintain responsibility for all orders related to syndicate activities Complete other responsibilities, as assigned. Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues. Promote an environment that supports diversity and reflects the HSBC brand. Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

Requirements

• Bachelor’s degree in finance, economics, related field or equivalent experience
• Minimum of five years proven and progressive retail fixed income sales experience or equivalent
• Series 3, 7 and 63 licenses; series 9, 10 and 24 licenses preferred
• Strong communications, interpersonal, sales, planning, organizational, influencing and negotiations skills
• Knowledge of retail fixed income product sales, compliance, the market and Company products and services
• Ability to understand and mange complex and diverse instruments