Global Trade and Receivables Finance Services Analyst
Location: Buffalo, New York
Internal Number: 882144
At HSBC, the health and well-being of our employees remains of utmost importance. Many of our roles are permitted to work from home (in states in which HSBC is licensed to operate) until further notice. Upon resumption of normal operations, this role may be performed at our Buffalo, New York office.
As our Analyst you will support Global Trade & Receivables Finance portfolio servicing, including handling most complex revolving asset-based credit lines, ensuring compliance with credit terms, loan/security agreements, regulatory and internal guidelines. You will provide guidance and training to less experienced personnel. Acts on behalf of higher management as the need arises.
Our purpose - Opening up a world of opportunity - explains why we exist. We're here to 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.
Activities you may perform on a typical day can include:
Execute advances and distributions of a most complex nature by reviewing customer requests and loan authorizations and analyzing reported collateral amounts and loan and trade facility balances. Reconcile collateral and payment activity.
Complete monthly reviews of reported collateral information for most complex loans; apply credit approval terms to verify and calculate eligible and ineligible collateral.
Review and identify concentrations and trends, informing lending personnel as required. Review customer requests, systems and trial balances reconciling to Company loan systems.
Complete and evaluate independent confirmations of customer accounts receivable; work closely with Program Manager's and Client Manager's to identify pertinent issues and determine proper course of action.
Serve as liaison between the customer and other internal and external sources as required to properly extend service, while managing risk associated with revolving asset-based lines of credit. Identify cross-sell opportunities.
HSBC was born from one small idea: a local bank serving international needs. We started our business in Hong Kong in 1865. In 2015, HSBC celebrates its 150th year anniversary. Over the years, HSBC grew through expanding its branch network, offering new products and establishing its own investment banking arm.
We aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people fulfill their hopes and realize their ambitions.
• Located in 72 countries and territories
• Serving around 48 million customers
• Supported by over 268,000* people
• Head office in US is New York City
We aim to be dependable, open and connected in everything we do. We want to ensure that our employees feel able to stand up for what is right, highlight potential risks and act with integrity, even when faced with pressure to act otherwise. By doing so, we will be able to meet expectations of society, customers, regulators and investors. To make sure everybody at HSBC lives up to these values, they are a part of everyone's annual performance review.
At HSBC, you will find that we are dependable, o...pen to different ideas and cultures, and connected to customers, communities, regulators and each other. Our culture has a family feel to it – our employees are encouraged to work together to reach a common goal. This idea is supported and encouraged at the leadership level and passed down.
Our size and global reach mean more opportunities for you to grow your career with us.
We are looking for forward-thinking, driven, perceptive candidates to help our customers realise their hopes, dreams and ambitions.
This means people who are dependable, open to different ideas and cultures, and enjoy being part of a team; people who have the potential to become the future leaders of HSBC.
We encourage you to drive your own development and build your network within your office and around the world.
We provide the opportunities for you to connect with customers, colleagues and the communities in which we operate.