Associate, Securities Lending Trader

Area of Interest:
Securities and Broking Services

Role Workstyle:
Office Worker

Date: 25 Sept 2026

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

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

To effectively lend client securities in the Americas to optimize revenues globally, ensuring that a high level of customer service is maintained within the agreed client mandate and risk framework

• HSBC Agency Lending sits within the Securities Services (“SSv”) asset class as part of the wider Markets and Securities Services (MSS) business
• SSv provides a range of securities services to a client base which includes sovereign wealth funds, major insurance companies, asset managers, investment banks, government agencies, investment trusts, collective investment schemes, corporates and pension funds
• Securities Services is globally located with major centers in locations including London, Hong Kong, New York and Dubai. Total staff numbers exceed 3,000
• The service range includes global custody, UK sub custody, trustee and depository services, investment administration, performance consultancy, securities lending, treasury and FX
• Assets under custody/administration total c $5trn
• The business is regulated by the FSA

• The jobholder is subject to compliance with FCA and Fed rules, general Bank guidelines and normal budgetary disciplines
• The jobholder makes decisions on individual loans for non-discretionary contracts (within the terms of that contract) and discretionary contracts where full authority is held by the individual to trade at competitive and profitable rates
• The jobholder must comply with all US regulatory and licensing requirements
• Ensure that SSv develops and consistently maintains a premier quality reputation, internally and externally, for the Securities Lending aspects of its business. Support internal functions in the delivery of business priorities
• External stakeholder management – Clients, Counterparts and 3rd party vendors
• Internal stakeholder management – Client Management, Product Management, Treasury Operations and Business Development
• Build trust across regions and locations
• Influencing and negotiating to gain a win-win outcome
• Use input from client and market contacts to contribute to the development of new and enhanced SSv lending products
• Improve client retention and satisfaction through effective delivery and enhanced revenue from the lending products

• High standards of ethics and market conduct
• Trade within the HSBC Governance framework including but not limited to:
• HSS Trading Limits
• Best execution and fair distribution
• Risk awareness and judgement of ad-hoc events which could threaten day to day business and clients.
• Escalation protocols and procedures in accordance with policy.
• Awareness and application of tax, legal and regulatory requirements.

• Prior experience in securities lending or a related financing / markets role, with exposure to equity finance, fixed income financing, repo, collateral, or inventory-driven trading activity
• Understanding of securities lending transactions, pricing, and market dynamics, with…