Trader - Markets Treasury (f/m/d)

HSBC Holdings plc; Paris; Sur place; EUR 90 000 - 150 000; Plein temps

Avantages offerts par ce poste

Development programmes

Flexible work arrangements

Financial security: savings/retirement

Well-being resources

International opportunities

Diversity & Inclusion

Transport refund (France)

Résumé du poste

HSBC Holdings plc in France seeks a treasury professional to manage liquidity and funding across euro and foreign currencies. You will analyse daily cash flows, trade FX and money markets, and support regulatory ratio monitoring and ECB operations.

Role requires strong knowledge of instruments (FX, repo, bonds) and toolsets (Bloomberg/Refinitiv). English required; French a plus. International opportunities available.

Qualifications

• Strong understanding of financial and economic mechanisms with FX and money markets.
• Solid understanding of instruments traded: FX spot/forward, IRS/OIS, repo, bonds.
• Knowledge of regulatory ratios (LCR, NSFR, leverage).
• Proficiency with Bloomberg, Refinitiv and MS Office; VBA, Python, SQL skills.
• Professional English; French language is a plus.
• Academic background meeting local regulatory requirements for trading activities.

Responsabilités

• Contribute to managing liquidity and funding, ensuring regulatory compliance.
• Monitor currencies, central bank accounts, and euro reserve requirements.
• Analyse cash flows by currency to forecast and trade FX, money markets, repos.
• Support LCR/ILM management and ECB operations; CP issuance responsibilities.
• Propose market views, manage trading limits, and improve desk efficiency.
• Coordinate EURIBOR processes and long-term funding governance.
• Collaborate with Risk, Finance and Support Functions daily.

Connaissances

FX and money markets

Financial mechanisms

Bloomberg

Refinitiv

MS Office

VBA

Python

SQL

English

French (advantage)

Formation

Finance degree / regulatory trading background

Outils

Bloomberg

Refinitiv

Description du poste

At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger! We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.

By joining HSBC in France, you’ll contribute to the development and growth of our activities within Markets & Securities Services (MSS) and, more broadly, the Treasury environment. The Markets Treasury (MKTY) team is responsible for managing the entity’s treasury, liquidity and funding in euros and foreign currencies, in compliance with regulatory requirements and Group standards.

What you’ll do:

You’ll contribute to managing the liquidity and funding of HSBC Continental Europe, ensuring forward-looking management of cash positions by currency, executing market transactions and contributing to the monitoring frameworks for regulatory ratios and liquidity risk indicators. You’ll work closely with Risk, Finance and Support Functions teams.

In this role you will:

• Contribute to managing the entity’s liquidity and funding, in compliance with regulatory requirements and internal Group guidelines.
• Ensure forward-looking management of the currencies within the scope: monitor central bank accounts and nostro accounts held with correspondent banks, and manage euro minimum reserve requirements.
• Analyse daily cash flows by currency to establish reliable forecasts and trade in the markets — FX swaps, money markets, repo, bonds and IRS — to balance positions and optimise liquidity.
• Manage liquidity through the management of the LCR and ILM, participate in the ECB’s monetary policy operations, act as the person responsible for Commercial Paper issuance, and contribute to decisions relating to central bank collateral and intraday management.
• Achieve financial objectives while complying with trading and credit limits, AML/CFT requirements and all applicable internal and regulatory rules; formulate market views and trading recommendations, and contribute to managing cross-functional projects aimed at improving desk efficiency.
• Ensure the pricing and centralisation of internal funding for the business lines, subsidiaries and branches within the HSBC Continental Europe scope; contribute to the EURIBOR contribution process in accordance with the EMMI code of conduct and internal procedures; participate in the long-term funding plan, including EMTN governance, pricing and validation procedures, coordination with ALCM, and the centralisation of business requirements for long-term funding, including vanilla and structured notes in coordination with the structured desks.
• Monitor Early Warning Indicators on a daily basis to anticipate any market liquidity risk.
• Execute funding transactions on behalf of HSBC Bank plc – Paris Branch.
• Work daily with the Risk teams — Traded Risk, Compliance and Operational Risk — as well as Finance, Support Functions — MSS Operations and IT — and the Front Office Control Office; operate within the Three Lines of Defence framework and manage operational risk throughout the activities.
• Consistently demonstrate professional, fair and ethical conduct, in line with HSBC’s culture and values, and comply with policies and procedures — Global Principles, Global Policies & Procedures, FIM, DIM, the internal rulebook and the Code of Conduct — particularly in relation to conduct matters such as conflicts of interest and best execution.

You should apply if you have:

• Strong understanding of financial and economic mechanisms, with significant exposure to FX and money markets.
• Solid understanding of the instruments traded: E&D, NeuCP/CD, FX — spot and forward — IRS/OIS, repo/reverse repo and bonds.
• Understanding of banking balance-sheet dynamics and strong knowledge of regulatory ratios, including the LCR, NSFR and leverage ratio.
• Proficiency in market tools such as Bloomberg and Refinitiv, as well as MS Office; advanced programming skills in VBA, Python and SQL.
• A strong team spirit and the ability to build solid working relationships with internal and external stakeholders.
• Professional English is required; proficiency in French is an advantage.
• An academic background meeting the applicable local regulatory requirements for trading and sales activities.

Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.

What you’ll get in return:

HSBC has been certified “Top Employer 2026” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in several countries in Continental Europe. Not only is HSBC a great place to work, but we also offer the following unique and exciting benefits & opportunities!

• We’ll help you progress your career, including access to development programmes, through HSBC University and our Degreed platform
• You can work your way and will have a say in when, where and how you and your team flexibly work together
• Our benefits will give you financial security, and can include company savings plan (PEE), savings plan for collective retirement, mutual insurance for you and your family, loyalty bonus, a Time Savings Account to monetize untaken off days (CET)…
• A Work Council which offers ticketing, travel, sports, legal aid, Christmas vouchers, Summer break vouchers…
• Our family-focused benefits can help you to support your loved ones and include family events days off (wedding, civil union…), additional maternity or breastfeeding leave, birth bonus, partial reimbursement of childcare costs, assistance to employees taking care of a relative with disability…
• We’ll give you a huge range of resources that support your well-being (yoga, sophrology, Mindfulness app)
• You’ll have international opportunities - this can be your place to start and branch out to anywhere we have offices
• A work environment that promotes Diversity & Inclusion, where you’ll be able to join our different Employee Resource Groups
• These benefits are on top of local usual benefits in France (refund of transport fees at 50%, 5 weeks of paid vacation & RTT, meal voucher card or corporate restaurant depending on location)

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. We are committed to removing barriers & ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.

If you have a need that requires accommodations or changes during the recruitment process, please let us know.

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