Index Trader

HSBC • New York, NY

16h

About The Position

Join HSBC Global Markets in a front-office trading role focused on index, forward trading and Exchange-Traded Funds (ETFs). You’ll help shape trading strategy, manage risk across a global book, and partner closely with Sales, clients, Quants and Technology to deliver strong outcomes—commercially and conduct-wise.

Requirements

• Proven capability in index and/or ETF trading with a strong commercial mindset and disciplined risk management
• Demonstrated experience managing key risk drivers (e.g., delta, dividends, repo, FX, corporate actions) within defined limits
• Strong stakeholder management skills—able to work effectively with Sales, clients, Quants and Technology
• Clear commitment to market conduct, controls and fair customer outcomes, with confidence to escalate issues when needed
• Financial Conduct Authority (FCA) registration (required)
• FINRA licences: Series 7, 63 and 57 (required)

Nice To Haves

• Quantitative background adn codins skills is a plus
• Experience contributing to or leading platform/pricing enhancements with Technology and Quant teams
• Track record of cross-asset product collaboration and building scalable trading solutions
• People leadership experience (coaching, supervision, performance development)

Responsibilities

• Generate revenue across index, forward trading and ETF products, contributing to desk strategy and optimization ideas
• Manage risk across a global indices/ETFs book (including delta, dividends, repo, FX and corporate actions) within approved limits (intraday and overnight)
• Price and make markets consistently for Sales and target clients, providing liquidity and trade ideas
• Execute client and firm trades in line with the desk’s Volcker designation, with a strong focus on conduct and HSBC values
• Partner with Sales and clients as a key point of contact, ensuring orders are executed in the best possible way and delivering fair customer outcomes
• Improve performance transparency by providing feedback on client hit ratios, new index opportunities and replication issues
• Collaborate with Quants and IT to enhance trading platforms and pricing systems
• Drive cross-asset and cross-region collaboration to build synergies, develop new products and grow revenues efficiently
• Support leadership and supervision of traders, including oversight across the trading lifecycle and day-to-day controls
• Maintain reporting discipline, including daily and monthly reconciliations as required

Benefits

• tailored professional development opportunities
• competitive pay and benefits package
• robust Wellness Hub
• industry-leading volunteerism policy
• generous matching gift program
• comprehensive program of immersive Sustainability and Climate Change Initiatives
• Employee Resource Groups

What This Job Offers

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