Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your 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 is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Junior Associate - Python Developer.

In this role, you will:

• Monitor, investigate and remediate static data changes and missing data in the Reference Portfolio. Propose replenishment reference portfolio and booking/flagging of securitised facilities/NPI/portfolio NPI to the extent this work has not been automated.
• Modelling and substantiation/reconciliation of Reimbursement Right Asset and Compensation receivable.
• ESMA reporting, investor reporting, internal reporting and coordination of Legal Due Diligence.
• Manage Agreed Upon Procedures with Accountant (e.g. KPMG who independently verifies the data used for securitisation with source data from HSBC system output or facility agreements.
• Calculate quarterly investor guarantee fees, including collateral interest and operational expenses, in line with contractual obligations. Managing claim process for defaults in the reference portfolio of securitisation transactions and handle and respond to investor inquiries on all aspects of the CLO structure and performance.
• Documentation review ahead of policy signing and responsible of the NPI lifecycle management (transaction monitoring and insurance Premium settlements, reconciliations & controls).
• Monitor facility-level information from facility agent and maintain data room with insurance broker.
• Modelling and substantiation/reconciliation of Reimbursement Right Asset and Compensation receivable and managing claim process for defaults in loans secured by NPI. Set up and maintain data rooms, agree NDAs and review loan transfer and confidentiality restrictions and assist with closing and settlement tasks.
• Documentation review ahead of participation agreement signing and managing claim process for defaulted in loans secured by sub-participation agreement.
• Responsible of the sub-participation lifecycle management (transaction monitoring, reconciliations & controls)

To be successful, you will:

• A solid understanding of banking regulations, especially around capital treatments and securitization regulations.
• Knowledge around credit risk mitigation techniques (securitizations, credit insurance, credit derivatives) and loan products.
• Banking/Structured Finance, Markets background or Credit Portfolio Management experience.
• Python proficiency is mandatory for this role.
• Delivery-focused with ability to pay attention to detail and ensure tasks are completed on time and to the required levels of quality.
• Ability to construct clear and considered arguments.
• Proven ability to prioritise competing demands.

• Maintain a robust and efficient control environment to ensure good operational, financial and project management and compliance with HSBC policy and procedures, together with early identification and effective resolution or escalation of issues that arise.
• The jobholder will lead by example in living HSBC Values, adhering to internal controls and compliance requirements, managing and escalating operational risks within the Three Lines of Defence, and completing required certifications while addressing audit and regulatory actions promptly.

You’ll achieve more at HSBC

www.hsbc.com/careers

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

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