Vice President, Prime Risk

Job overview

The Vice President, Prime Risk role is onsite in New York, NY. Compensation is not specified; the posting describes a competitive pay and benefits package. The position provides first-line risk management for HSBC’s Prime Finance, FX Prime Services, and Derivatives Clearing Services businesses. The role manages client exposures through margining, limits, and proactive portfolio monitoring while balancing client needs with business and firm risk appetite. It also supports sound product development and escalates risk issues in line with mandates and policy.

What you'll do

• Set client margin levels and risk limits
• manage leverage and financing exposure
• negotiate risk terms in client legal documentation
• monitor portfolio risk and credit limits
• contribute to margining approaches for new products
• make independent risk decisions and escalate as appropriate
• manage policy exceptions with business, trading, and independent risk stakeholders.

What we're looking for

Skills & competencies

prime risk

vice president

new york ny

hsbc

prime finance

fx prime services

derivatives clearing

risk management

margining

hedge funds

sie

series 7

Work arrangement

• Weekend coverage required

Benefits & perks

• Professional development, Wellness Hub, volunteerism and matching gift programs, sustainability initiatives, and Employee Resource Groups.

Why this role

Requires a markets background and understanding of derivatives market risk and counterparty risk; SIE and Series 7 required. HSBC states it will not provide immigration sponsorship for this position.

About the employer

HSBC is hiring for this role. Industry: Commercial Banking. Sector: 52.