Business Finance Associate

HSBC Global Services Limited • New York, NY

3d

About The Position

The purpose of the role is to provide Business Insights and control oversight to Markets Security Services (MSS), Chief Financial Officer (CFO) and Global Markets and Security Services (MSS) business. The Jobholder supports the Business Finance MI team which includes Americas remit covering 5 Latin America countries, Canada and US.

As our Business Finance Associate you will:

Work with business and global team to manage budgeting and monthly forecast planning process for Americas which includes Revenue, Cost, Balance Sheet (GAAP-Generally Accepted Accounting Principles / IFRS- International Financial Reporting Standards) and Risk-Weighted Assets (RWAs)
Support decision making by providing stakeholders with timely, detailed and meaningful insights and visibility on business performance
Analyze actuals against budget / forecast and prior year results
Work with product control as well as MSS business line heads to review revenue drivers
Review and understanding cost drivers for each business line and working with business / global teams to identify possible savings.
Provide support to Analysis & Insight team to be able to articulate performance drivers as well as risks to senior stake holders.
Provide support to transformation team on strategic initiatives in MSS.
Perform adhoc analysis where required to assist in management decision making
Create and deliver presentations of analysis, trends, metrics and results. Support presentations with supporting analysis, assumptions, calculations and conclusions.
Partner with other Business Finance colleagues across GPB, other lines of business, functions and HOST on all relevant matters
Promote an environment that supports diversity and reflects the HSBC brand.

Requirements

• Proven experience in financial analysis, budgeting and forecasting
• Strong stakeholder management and business partnering skills
• Excellent communication and presentation skills, able to translate data into clear insights
• Ability to produce high-quality management information and concise performance packs (trends, metrics, assumptions, conclusions)
• Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

Nice To Haves

• Python desirable
• Financial Markets knowledge preferred (not essential)

Responsibilities

• Manage budgeting and monthly forecast planning process for Americas which includes Revenue, Cost, Balance Sheet (GAAP-Generally Accepted Accounting Principles / IFRS- International Financial Reporting Standards) and Risk-Weighted Assets (RWAs)
• Provide stakeholders with timely, detailed and meaningful insights and visibility on business performance
• Analyze actuals against budget / forecast and prior year results
• Review revenue drivers with product control and MSS business line heads
• Review and understand cost drivers for each business line and identify possible savings
• Support the Analysis & Insight team in articulating performance drivers and risks to senior stakeholders
• Support the transformation team on strategic initiatives in MSS
• Perform adhoc analysis to assist in management decision making
• Create and deliver presentations of analysis, trends, metrics and results, supported by analysis, assumptions, calculations and conclusions
• Partner with other Business Finance colleagues across GPB, other lines of business, functions and HOST on all relevant matters
• Promote an environment that supports diversity and reflects the HSBC brand

Benefits

• Competitive pay and benefits package
• Tailored professional development opportunities
• Robust Wellness Hub
• Welcoming and inclusive work environment
• Employee Resource Groups
• Industry-leading volunteerism policy
• Generous matching gift program
• Comprehensive program of immersive Sustainability and Climate Change Initiatives

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed