Posted by HSBC’s Asset Based Lending Group supports the bank’s Middle Market, Large Corporate and Global Banking segments targeting domestic and international companies with annual revenues ranging from $50MM to $5BN. Based in NYC, the group is looking for someone to work in tandem with Senior Portfolio Managers and Relationship Managers across the U.S. and globe.
Asset Based Lending Portfolio Analyst I or II
HSBC is seeking an Analyst to join its Asset Based Lending Portfolio Team.
Key Responsibilities and Roles
Work alongside Senior Portfolio Managers and Relationship Managers to analyze new to bank ABL lending opportunities
Responsibilities include collateral and financial due diligence, financial modeling, legal diligence and general business diligence
Preparation of final credit approval memos consisting of company and industry summaries, collateral analysis, financial analysis including the preparation of base and downside case projections and identification of key risks and mitigants; Begin to develop an understanding of the various legal aspects of structuring a loan
Develop working relationships and interact with key internal partners and groups including Relationship Managers, Financial Sponsors Group, Leverage Finance, Collateral Examination Group, Capital Markets, various Industry Verticals, internal Credit Approvers and In-House Legal as well as various third parties including Company Management, external Legal Counsel and Collateral Appraisers
Assist Management and the ABL Portfolio Management Team with various ad-hoc marketing projects
Management of Risk
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
Qualifications
Bachelor’s degree in business, finance, accounting, or related field
One year of asset based lending or general credit training preferred however not required
Strong planning, negotiations, communications, analytical and organizational skills
Ability to work well in a team environment, build personal relationships with current and potential clients and demonstrate strong and succinct written and verbal communication skills
Desire and ability to build personal relationships with current and potential clients
EEO/AA/Minorities/Women/Disability/Veterans
To Apply,Click here