Portfolio Manager - High Yield

HSBC Holdings plc; New York (NY); On-site; USD 120,000 - 210,000; Full time

Job summary

HSBC Global Asset Management in New York seeks a portfolio management support professional for its US high yield and income strategies. You will help translate strategy into portfolios, support senior PMs, and coordinate with trading, research, and operations to maintain accounts.

You will execute daily flows, monitor exposures, work with credit research for relative value, and produce client reporting. Bloomberg and analytics tools enable efficient decision support.

Qualifications

• Experience supporting portfolio management for high yield and high-income strategies.
• Hands-on ability to execute trades, manage flows, and oversee cash in portfolios.
• Understanding of global fixed-income investment processes and compliance.
• Ability to interpret exposures, positioning, and risk with credit and macro views.
• Collaborates with trading, credit research, product specialists, middle office.

Responsibilities

• Execute and trade daily flows and manage cash alongside the trading team.
• Monitor portfolio exposures and adjust against credit/macroe views.
• Implement strategy and credit ideas into portfolios.
• Partner with credit research analysts on relative value and positioning.
• Support Senior Portfolio Managers across accounts and strategies.
• Produce client reporting and respond to stakeholder requests.
• Maintain dialogue with operations and performance teams to ensure smooth accounts.
• Use Bloomberg and analytics tools to strengthen decision support.

Skills

Portfolio management support

Trade execution

Fixed income knowledge

Bloomberg

Tools

Bloomberg

Job description

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.

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

Ready to shape daily investment decisions across global high yield portfolios?

Why HSBC

HSBC is one of the largest banking and financial services organizations in the world. Guided by our purpose of opening up a world of opportunity, our ambition is to become the world’s most trusted bank globally, putting customers at the heart of everything we do.

The Opportunity

This role sits within HSBC Global Asset Management’s High Yield Portfolio Management team, supporting the day‑to‑day management of global, US high yield and high‑income strategies. You’ll help translate strategy and credit‑specific ideas into portfolios as part of the investment process, working closely with senior portfolio managers. The role spans execution, portfolio monitoring and coordination across trading, credit research, product specialists, and operations to keep accounts running smoothly. You’ll also take ownership of key data and documentation that supports investment decision‑making and governance. Success looks like reliable execution, clear portfolio insights and well‑supported decisions across high yield and income accounts.

What you’ll be doing

• Execute and trade daily flows and manage cash in conjunction with the trading team
• Monitor portfolio exposures and positioning against intended credit and macro views and adjust when needed
• Implement strategy and credit‑specific ideas into portfolios
• Partner with credit research analysts on relative value, credit and sector positioning, and industry topics
• Support Senior Portfolio Managers across high yield and income accounts and strategies
• Manage regularly scheduled client reporting and respond to ad‑hoc requests from internal stakeholders
• Maintain dialogue with operations, performance, and other support teams to ensure smooth running of accounts

What we’re looking for

• Bring proven experience supporting portfolio management for high yield and high‑income fixed income strategies
• Demonstrate hands‑on capability executing trades, managing flows, and overseeing cash management in portfolios
• Apply established understanding of global fixed‑income investment processes and related compliance requirements
• Interpret portfolio exposures, positioning, and risk in the context of credit and macro views
• Partner effectively with trading, credit research, product specialists, middle office operations, and other global teams
• Own the organization, analysis and maintenance of investment data used in meetings and decision‑making tools
• Produce accurate client reporting and respond to time‑sensitive stakeholder requests
• Use Bloomberg and analytics tooling to strengthen workflow efficiency and investment decision support

Strengthening High Yield Outcomes

If you want to help turn investment views into real portfolio positions at scale this role offers a front‑row seat to the day‑to‑day running of global and US high yield strategies. You’ll work across portfolio management, trading and research while building a detailed understanding of how portfolios are governed and managed. The work is practical, hands‑on, and closely connected to client outcomes through accurate reporting and reliable execution. Apply to help improve processes, enhance analytical capability, and support investment recommendations across the high yield platform.

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 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!

Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

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.