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FXO Structuring - Assistant Vice President
HSBC
New York, NY, United States
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Description
Provides timely and accurate execution of trades for Company’s targeted institutional clients in assigned area. Manages the firm’s trading risk as assigned. Responsibilities commensurate with level assigned.
Primary Responsibilities/Essential Functions
Effectively maintains various risk positions and manages position limits, providing liquidity to clients and markets in order to maximize total revenue of trading profit plus commission.
• Ensures correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trade support, as necessary.
• Provides consistent pricing and market making to sales force and target clients.
• Monitors all daily electronic trading activity and determines where certain trades should be routed for execution, reviews all activity for accuracy of account information.
• Ensures all trades are booked to front office position keeping system on the day they are executed.
• Reconciles daily and/or monthly reports, as assigned.
• Ensures compliance monitoring is in place, including processes for management of operational risk, in accordance with HSBC and regulatory standards.
• Provides management direction to foster effective selection, development and reward of subordinates (if applicable) while contributing to initiatives in support of the Company's Diversity programs.
Decision-Making Responsibility
• Uses initiative and independent judgment to analyze, problem solve and proactively respond to client issues. Expected to make the necessary decisions to carry out own job responsibilities and meet primary goals and objectives
• Evaluates and escalates complex issues and/or problems to manager
Qualifications
• Target Mexico CMB & GB revenue growth
• Specific number of CMB client acquisition from existing HSBC client base
• Regular client interactions & Mexico trip targets
• Consistent, relevant and suitable trade ideas with follow ups to sales
• Mexico sales training on FXO, products, best practice
• Closely work with global structuring team to replicate success in Mexico
• Liaise with all support functions (credit, compliance etc) to ensure optimal service for the business
• Working with structuring to develop themes and analysis to a wider client base in Americas
• Coordinate information flow, themes, successes with Global Structuring team
• Developing corporate franchise in Colombia, Chile, Argentina, Brazil
• Spanish and English a must
EEO/AA/Minorities/Women/Disability/Veterans