Vice President, Credit Solutions - Innovation Banking

HSBC•New York, NY

71d

About The 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

Proven 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 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

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!

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