Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
Lending into the innovation space is a new investment capability being developed by HSBC Asset Management (“AM”) following the creation of HSBC Innovation Banking. The Venture Debt capability will form part of the AM Private Credit platform, a key growth area for HSBC Alternatives.
Initially the Associate Director-Innovation Credit will contribute towards the development and launch of a new Venture Debt fund. This will involve supporting capital raising and the promotion of Venture Debt in front of clients, promoting the Venture Debt capability to sales teams and preparing fund or ad-hoc marketing documents.
Following the first closing of the fund, the role holder will work with the Innovation Bank teams to undertake the assessment and analysis of Venture Debt transactions for recommendation to the Investment Committee and the ongoing monitoring of the portfolio. For new transactions the role holder will work with the Innovation banking teams to review information memorandums, business plans, third party due diligence reports and financial models. The individual will manage transactions in conjunction with HSBC Innovation Banking and external stakeholders to ensure investments are completed in an efficient manner.
As our Associate Director-Innovation Credit you will:
Contribute effectively to screening and due diligence on new transactions, including the review of information memorandums and sales documentation, 3rd party due diligence (financial, commercial, legal and tax structuring reports) and building/ testing assumptions of financial models provided
Ensure proposed transactions are in-line with policy and investment restrictions
Monitor key performance indicators and financial performance of all portfolio loans managed
Maintain contact with portfolio companies through sponsors and management teams (directly and where appropriate, alongside HSBC Innovation banking) to assess financial needs, condition, opportunities/risks facing their business
Keep up to date with market developments/deal flow
Participate in the definition and implementation of procedures locally
Represent the Venture Debt franchise in industry events and other forums as required, in a manner that positively enhances AM’s brand image
For this role, HSBC targets a pay range between $113,900.00 and $170,800.00
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
Lending into the innovation space is a new investment capability being developed by HSBC Asset Management (“AM”) following the creation of HSBC Innovation Banking. The Venture Debt capability will form part of the AM Private Credit platform, a key growth area for HSBC Alternatives.
Initially the Associate Director-Innovation Credit will contribute towards the development and launch of a new Venture Debt fund. This will involve supporting capital raising and the promotion of Venture Debt in front of clients, promoting the Venture Debt capability to sales teams and preparing fund or ad-hoc marketing documents.
Following the first closing of the fund, the role holder will work with the Innovation Bank teams to undertake the assessment and analysis of Venture Debt transactions for recommendation to the Investment Committee and the ongoing monitoring of the portfolio. For new transactions the role holder will work with the Innovation banking teams to review information memorandums, business plans, third party due diligence reports and financial models. The individual will manage transactions in conjunction with HSBC Innovation Banking and external stakeholders to ensure investments are completed in an efficient manner.
As our Associate Director-Innovation Credit you will:
Contribute effectively to screening and due diligence on new transactions, including the review of information memorandums and sales documentation, 3rd party due diligence (financial, commercial, legal and tax structuring reports) and building/ testing assumptions of financial models provided
Ensure proposed transactions are in-line with policy and investment restrictions
Monitor key performance indicators and financial performance of all portfolio loans managed
Maintain contact with portfolio companies through sponsors and management teams (directly and where appropriate, alongside HSBC Innovation banking) to assess financial needs, condition, opportunities/risks facing their business
Keep up to date with market developments/deal flow
Participate in the definition and implementation of procedures locally
Represent the Venture Debt franchise in industry events and other forums as required, in a manner that positively enhances AM’s brand image
For this role, HSBC targets a pay range between $113,900.00 and $170,800.00
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.
You´ll likely have the following qualifications to succeed in this role:
4 years experience working in Venture Debt, with a proven track record in business development, research and/or portfolio managementInvestigational/analytical mindset. Ability to analyze processes to make improvements
Experience of engaging with senior managers across disciplines (investment teams, product, sales, legal and marketing) to discuss and deliver the execution of strategic initiatives
Strong problem solving skills
Good understanding of the product strategy and development lifecycle and experience managing highly complex processes
Good knowledge of investment vehicles and strategies, combined with a strong understanding of current and future market developments
Strong team player with the ability to work cohesively and collaboratively across the organization
Experience working to tight deadlines and being able to effectively prioritize and delegate
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.
You´ll likely have the following qualifications to succeed in this role:
4 years experience working in Venture Debt, with a proven track record in business development, research and/or portfolio managementInvestigational/analytical mindset. Ability to analyze processes to make improvements
Experience of engaging with senior managers across disciplines (investment teams, product, sales, legal and marketing) to discuss and deliver the execution of strategic initiatives
Strong problem solving skills
Good understanding of the product strategy and development lifecycle and experience managing highly complex processes
Good knowledge of investment vehicles and strategies, combined with a strong understanding of current and future market developments
Strong team player with the ability to work cohesively and collaboratively across the organization
Experience working to tight deadlines and being able to effectively prioritize and delegate
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.