Role Title: Credit & ESG Analyst

Business: Asset and Wealth Management

New or Existing Role-Replacement 

Grade: GCB4

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

Global Asset Management, the investment management business of the HSBC Group, serves HSBC’s worldwide customer base of retail and private clients, intermediaries, corporates and institutions invested in both segregated accounts and pooled funds. Global Asset Management fulfils its purpose of connecting HSBC’s clients with investment opportunities around the world through an international network of offices in approximately 30 countries, delivering global capabilities with local market insight. 

We are currently seeking an ambitious individual to join our team as Credit & ESG Analyst, working together with colleagues to define, manage and achieve divisional business targets. 

Role Purpose

Undertaking fundamental ESG research, producing research reports and identifying material ESG issues for the companies covered and making recommendations for impact funds 

In this role, you will:

• Translate fundamental research and analysis into investment ideas and providing relative value ideas for impact funds and other relevant funds within the coverage scope; assessing and recommending green bonds and other sustainable investment opportunities to a wide range of mandates including mutual funds, active client mandates, buy and hold portfolios as well as global liquidity funds
• Monitor the credit quality of issuers in relevant funds and propose substitution in case of anticipated credit impairment, and to oversee the compliance of issuers with their green bond frameworks including monitoring of use of proceeds and annual reporting. 
• Play a key role and contributing to ESG projects in the fixed income platform and coordinating with ESG Research, Responsible Investment (“RI”), Stewardship & Corporate Governance Teams at the company
• Undertake fundamental credit research by covering a portfolio of issuers notably but not limited to EM and DM utilities, real estate sectors – mainly EM Ex-Asia and UK
• Provide relative value bond recommendations in major currencies (EUR, GBP and USD) across the capital structure for credit funds and present ideas to portfolio managers
• Produce written reports such as quarterly earnings updates, relative value analysis and new issue comments, annual reviews and industry reviews
• Analyse sector trends to assess impact on credit worthiness and relative value implications; perform green bonds and thematic ESG fixed income research
• Regularly interacting with the management of issuing companies, rating agencies, sell-side analysts and other relevant industry participants
• Participate into relevant internal committees and represent the company at internal and external events
• Engage with companies under coverage and supporting engagement strategies.

Qualifications

To be successful in the role, you should meet the following requirements:

• Strong academic background ideally with a Master’s Degree; CFA or equivalent qualification would be a plus
• Strong knowledge of in-depth fundamental credit research with prior experience as a credit research analyst in the buy-side, sell-side or rating agency
• Prior experience in a similar role with experience in ESG research and/or analysing ESG issues in the investment process or strong interest to pursue a career as an ESG/Credit analyst)
• Have strong knowledge of ESG practices and issues, Green Bonds and responsible investment; passion for responsible investing and sustainability
• Solid knowledge of relative value analysis of fixed income securities and be able to clearly explain and justify risks/rewards for fundamental and relative value recommendations
• Strong financial modelling skills, proficiency in MS Office applications (Excel, Word, PowerPoint) and Bloomberg; coding skills (VBA, Python etc.) would be a plus
• Excellent communication, presentation and time management skills, ability to build strong working relationships with internal and external stakeholders and work well within a team environment and contribute to cross regional projects

You’ll achieve more when you join HSBC.  

https://www.hsbc.com/careers

HSBC is 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hong Kong and Shanghai Banking Corporation Limited.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

https://www.hsbc.co.uk/1/2/popups/uk-privacy-statement#/overview