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Job Details


HSBC

Asset Based Lending Analyst I (0000HHO2_New_York)

Business and Financial Operations

All

Yearly

No

New York, New York, United States

Job description

At HSBC, the health and well-being of our employees remains of utmost importance. Many of our roles are permitted to work from home (in states in which HSBC is licensed to operate) until further notice. Upon resumption of normal operations, this role may be performed at our New York, New York office.

HSBC is seeking an Analyst to join its Asset Based Lending Group. 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 Underwriting Managers, Senior Portfolio Managers, and Relationship Managers across the U.S. and globe. Primary roles and responsibilities include financial statement spreading, underwriting (collateral and financial analysis), and the execution, including loan documentation negotiations, of existing bank customers credit requests and ongoing portfolio supervision.

About Us

HSBC is one of the largest banking and financial services organizations 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 fulfill their hopes and realize their ambitions.

You will be responsible for:

  • Work alongside Senior Underwriting Managers, 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 mitigates; 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 Group with various ad-hoc marketing projects