Head of Credit Index Trading

Some careers open more doors than others. 

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

HSBC Market & Securities Services (MSS) provides comprehensive global, regional and domestic fund services including fund administration, global custody and sub-custody settlement and services. Securities Lending Operations is a dynamic department that works with partners across the HSBC Global Banking and Markets business to deliver Securities Lending solutions to clients.

In this role you will:

- Responsible for market making for CDS index and managing the macro trading.
- Provides timely and accurate execution of trades for the Bank’s targeted clients in assigned area.  
- Effectively maintains various risk positions whilst adhering to the Bank’s risk appetite.
- Achieves revenue, hit ratio and return targets set by management.
- Ensures correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trade support, as necessary.
- Provides   pricing to sales force and clients in line with the Bank’s policies.
- Ensures all trades are booked to front office position keeping system in accordance with internal policy and regulatory requirements.
- Reviews daily and/or monthly reports, as assigned.
- Ensuring that all transactions deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets; and are in line with the HSBC Code of Conduct.   

To be successful you should meet the following requirements: 

- Market making experience, detailed knowledge of all aspects of business’ trading area.
- Proven exposure to CDS Index and Macro trading products.
- Education in Finance related field, or equivalent work-related experience.
- Excellent verbal and written communication skills, with very strong analytical skills. 
- Ability to multi-task and to work well under pressure, strong problem-solving and decision-making skills.
- Able to understand and manage complex and diverse instruments.

This role is based in London.

Opening up a world of opportunity.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:

Email: [email protected]

Telephone: +44 207 832 850