VP, Portfolio Manager, Asset Backed Lending

HSBC Global Services Limited•New York, NY

21h•Onsite

About The Position

HSBC is seeking a Vice President to join its Asset Based Lending Group, which supports the bank’s Middle Market, Large Corporate, and Global Banking segments and targets domestic and international companies with annual revenues from $50 million to $5 billion. Based in New York City, the role provides portfolio oversight and works with Relationship Managers across the U.S. and globally to meet client needs while maintaining safe and sound portfolio management. The position involves analyzing new lending opportunities, managing existing loans and asset-based lending facilities, conducting due diligence and financial analysis, preparing credit recommendations, building relationships with internal and external stakeholders, and supporting compliance and risk controls. HSBC offers employees professional development opportunities, a competitive pay and benefits package, access to a Wellness Hub, an inclusive work environment, a volunteerism policy, a matching gift program, Sustainability and Climate Change Initiatives, and Employee Resource Groups. Final fixed pay depends on factors including responsibilities, skills, experience, education, licensing or certification requirements, internal relativity, and work location. Applicants must be legally authorized to work in the U.S.; HSBC will not provide immigration sponsorship for this position.

Requirements

Bachelor’s degree in business, finance, accounting, or a related field.
Experience managing a portfolio of asset-reliant transactions with varying levels of complexity.
Strong planning, communication, analytical, and organizational skills.
Ability to work well in a team environment and build relationships with current and potential clients.
Strong, succinct written and verbal communication skills.

Nice To Haves

Experience in asset-based lending or general credit training is preferred but not required.

Responsibilities

Collaborate with the ABL Team, Relationship Managers, and portfolio companies to analyze new lending opportunities and manage existing loans.
Provide oversight for all aspects of managing a portfolio of asset-reliant and asset-based lending facilities.
Conduct company and industry due diligence, collateral and financial analysis, financial modeling and projections, and legal diligence; identify transaction risks and mitigants; and prepare credit approval memoranda.
Prepare presentations and approval recommendations for internal sign-off and approvals.
Build and maintain relationships with internal and external parties, including Relationship Managers, the credit approval team, the collateral examination group, appraisers, legal counsel, management teams, and financial sponsors.
Assist the ABL Group with various projects.
Ensure compliance and operational risk controls in accordance with HSBC and regulatory standards and policies.
Optimize relations with regulators by addressing issues.
Promote a positive environment that reflects the HSBC brand.