Associate, Middle Market Enterprises, Western Australia (Commercial Banking)

Job description

Some career choices have more impact than others.

At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring 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.

As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.
HSBC Commercial Banking provides universal financial services support to corporate and institutional clients around the world. Leveraging the strength, scope and expertise of our global banking network, Commercial Banking is positioned as an essential partner to enterprises seeking to maximise their potential and offers streamlined business access to HSBC’s broad range of market leading banking products and services.

HSBC continues to achieve outstanding growth in the Australian market as demonstrated by our continuing rise in market surveys, league table rankings, recent awards and our leadership position in sustainable finance. These achievements, when complemented with our globally-renowned trade finance, transactional banking and markets capabilities, ensure that HSBC is poised for further acceleration in the corporate and institutional space.

Our Perth Middle Market Enterprises (Corporate Banking) business serves some of the highest growth and internationally minded companies in the Australian marketplace. Middle Market Enterprises supports companies with turnover of $50m through to $750m+, with a current client base that includes ASX Top 300 public companies, large proprietary private and financial sponsor owned companies. The business has delivered outstanding results and is focused on providing consistently high levels of support to existing and new to HSBC clients, to continue this strong trajectory.

As an Associate, you will partner with a relationship Director to drive account management strategies targeted at delivering outstanding client service, executing transactions for existing and new to HSBC clients, effecting global product mandates, and maintaining responsibility for day to day portfolio activities. The Associate role is a perfect opportunity to join the team at an exciting time of growth, hone your skills in an international banking environment, and open up a world of opportunity through HSBC’s global network.

Your main responsibilities will include assisting the relationship Director to:

• Engage with multiple touchpoints within both our existing and target clients to build and maintain strong relationships, identify client needs, and position the Bank’s solutions accordingly
• Develop and maintain an understanding of our clients’ industries and associated markets, including both local and global dynamics
• Work with a range of global product specialists including, among others, Leveraged and Syndicated Finance, Global Markets, Trade & Receivables Finance, Liquidity & Cash Management, and Private Banking
• Undertake credit evaluation (new submissions, annual reviews) on our client set, including analysis of complex financial information and timely and accurate preparation of high quality credit applications for general corporate and structured lending scenarios
• Ensure strong adherence to credit policies (including ongoing monitoring of clients), financial crime compliance and regulatory compliance
• Support with instructing, negotiating and executing of client facility documentation requirements, working in with internal and external legal counsel as required
• Take responsibility for day-to-day portfolio requirements, including dealing with client queries and the liaison with internal teams both locally and offshore to deliver high customer service levels to our clients

Requirements

To be successful in this role, you will bring:

• Experience in a corporate / institutional finance setting (including credit fund, ratings agency, major accountancy firm, or investment bank), with a fundamental understanding of key corporate banking products including bilateral and syndicated loans, trade finance, transactional banking and treasury solutions
• Demonstrated ability to build strong and lasting relationships with internal and external parties with a genuine desire to consistently meet and exceed customer expectations
• Proven capability in writing comprehensive yet concise credit papers, with a high degree of accuracy under transaction deadlines including strength in financial modelling and sensitivity analysis
• Strong familiarity with APLMA loan documentation and Australian security structures is desirable
• Excellent communication skills with the ability to collaborate with people at all levels including clients, peers, product specialists, industry specialists and credit risk personnel
• High levels of self-motivation, commitment and a desire to succeed
• Excellent time management skills with the ability to manage competing priorities
• A degree in Finance, Business, Accountancy, Law or related disciplines - related post graduate qualifications such as Master of Finance, CFA, CPA, or similar will be highly regarded

Preference will be given to candidates who hold Australian PR/Citizenship or New Zealand Citizenship, or who can demonstrate current unrestricted work rights in Australia without limitations.

We value different perspectives, we succeed together, collaborating across boundaries, we take responsibility, holding ourselves accountable to get things done. Through these values, HSBC is committed to building a culture where all employees are appreciated and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment. Applications from First Nations peoples are encouraged.

Learn more about careers at HSBC Australia – https://www.hsbc.com/careers/where-we-hire/australia

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