Vice President, Credit Solutions - Innovation Banking
About The Position
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. 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. HSBC Innovation Banking provides debt solutions to early stage, high growth and public companies in the healthcare, life sciences & technology sector. Our differentiator is a global footprint in 70+ countries as well as a well-rounded banking platform including investment and corporate banking solutions. We are looking for someone who is passionate about the technology sector and innovation ecosystem. Ideally, you have experience in structuring and underwriting debt transactions as well as a keen curiosity about high growth companies in the technology sector. You will be a critical member of a lean team and primarily focus on due diligence, deal structuring, and portfolio management as well as presenting with internal partners regarding the Innovation Banking division’s debt portfolio.
Requirements
- Extensive experience in debt underwriting experience with healthcare, life sciences and technology companies, preferably at a venture debt bank lender or fund
- Ability to analyze business models, financial statements, competitive landscapes, and KPI’s
- Ability to assess and handle credit risks of existing portfolio including covenant compliance, rating changes, and ongoing financial performance
- Constantly curious and has a keen curiosity about tech trends/news as well as a firm understanding of the startup and VC ecosystem
- Willingness to wear multiple hats and collaborate with clients and internal partners
- Ability to work alongside legal counsel in negotiating commercial and credit terms
- Good negotiation and communication skills
- Proficiency in Excel as well as databases such as Pitchbook or Crunchbase
Responsibilities
- Build and maintain relationships with debt clients and prospects
- Lead and own the due diligence process and deal structuring process
- Build and maintain a portfolio management framework that ensures timely and concise reviews of financial performance to senior credit approvers
- Engage in proactive portfolio management, including maintaining credit quality and profitability targets
- Keep up with market, sector and competitive trends while developing product and sector/sub-sector knowledge
- Act as a leader within the team and provide coaching & mentorship for members of the team
- Develop a firm understanding of HSBC’s banking products and markets
Benefits
- tailored professional development opportunities
- competitive pay and benefits package
- robust Wellness Hub
- welcoming and inclusive work environment
- industry-leading volunteerism policy
- generous matching gift program
- comprehensive program of immersive Sustainability and Climate Change Initiatives
- Employee Resource Groups
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
