Director, Structured Credit & Treasury Strategy

HSBC Holdings plc; New York (NY); On-site; USD 200,000 - 320,000; Full time

Job summary

HSBC Holdings plc in the US seeks a Director to shape structured products strategy within the Investment Portfolio. You’ll balance risk, liquidity and funding priorities and execute trades across investment securities under governance.

The role partners with legal, risk, operations and product control, delivering high‑quality risk analytics, model governance and senior‑level insight; you’ll contribute to transformation initiatives and frontline risk responsibilities.

Qualifications

• Substantial experience in Treasury and/or Global Markets with trading background.
• Deep knowledge of US fixed income markets and related securities.
• Portfolio investment experience within a banking context is expected.
• Strong expertise in structured products: CLOs, MBS, CMBS; familiarity with ABS.
• Experience supporting trading and modelling with fixed income analytics and prepayment modelling.
• Solid hedging techniques knowledge; awareness of US GAAP and IFRS considerations.
• Proven ability to produce high‑quality risk insights and revenue forecasting.
• Ability to collaborate with independent control functions to ensure data integrity.
• Clear written and verbal communication with stakeholders; CFA charter preferred.

Responsibilities

• Assess CLOs, MBS, CMBS and ABS investments against funding costs, liquidity value and capital use.
• Identify investment opportunities, set trading strategies and execute trades across Portfolio securities.
• Manage structured products in line with mandate and governance.
• Evaluate portfolio manager quality and investment discipline.
• Maintain external market and regulatory relationships and communicate trends.
• Develop analytics to forecast liquidity, market and credit risks.
• Monitor balance sheet sensitivities and prepayment modelling to inform decisions.
• Embed limit compliance across market risk, RWAs and liquidity; escalate issues as needed.
• Maintain model governance for Markets Treasury models.
• Manage operational and conduct risk in day‑to‑day activities.

Skills

Treasury / Markets experience

Structured products

CLOs / MBS / CMBS / ABS

Risk analytics

Prepayment modelling

Hedging techniques

US GAAP / IFRS considerations

CFA charter or equivalent

Communication skills

Job description

HSBC Holdings plc in the US seeks a Director to shape structured products strategy within the Investment Portfolio. You’ll balance risk, liquidity and funding priorities and execute trades across investment securities under governance.

The role partners with legal, risk, operations and product control, delivering high‑quality risk analytics, model governance and senior‑level insight; you’ll contribute to transformation initiatives and frontline risk responsibilities.