Analyst, Global Trade & Receivables Finance
Buffalo, NY 
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Posted 12 days ago
Job Description
Job description

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.

The Analyst, Global Trade & Receivables Finance (GTRF) Transactions Services will support portfolio servicing, including handling multifaceted revolving credit lines, ensuring compliance with credit terms, loan/security agreements, regulatory and internal guidelines.

As our Analyst, GTRF Transactions Services business coverage will 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; completing monthly reviews of reported collateral information; applying terms and conditions outlined in client purchase agreements to verify and calculate eligible and ineligible collateral
  • Review and identify concentrations and trends, informing risk management personnel as required
  • Review customer payments; completing 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

For this role, HSBC targets a fixed pay range between $48,300 and $72,500.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a "bonus"). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

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.

  • Minimum of an Associate's degree in accounting, business, related field or equivalent experience
  • Minimum of five years' progressive ledger management and operational experience or equivalent
  • Some knowledge of formula-based lending and company commercial lending systems.
  • Strong demonstrated Excel and reporting skills
  • Proven analytical, and problem-solving skills
  • Organizational, communications and customer service skills
  • Self-motivated with initiative to take on new responsibilities
  • Basic payment reconciliation skills
  • Knowledge and experience in banking operations/transaction processing, operational risk, and customer service
  • Ability to balance quality and quantity (volumes) with primary focus on quality
  • Provide guidance and training to less experienced personnel within the team

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

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All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Salary and Benefits
$48,300 and $72,500.
Required Education
Associate Degree
Required Experience
5+ years
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