Associate II - Strategic Fund Solutions

Who is HSBC Innovation Banking?

HSBC Innovation Banking is the power behind the UK’s forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors.

Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.

Here’s to never standing still. Come and join us!

The value you’ll add:

Are you interested in learning more about how venture capital (VC) and private equity (PE) fund finance works? Do you want to be part of a supportive team in a role with a clear career growth trajectory? As a member of the Portfolio Management team in Strategic Funds Solutions (‘SFS’), you will be responsible for liaising directly with clients in analysing the underlying investor quality & compliance of their facilities. The SFS Portfolio Management Associate plays a key role in the ongoing risk management of the SFS portfolio and is the first line of defence in monitoring each facility’s underlying collateral position.

The role requires strong analytical capabilities, coupled with excellent interpersonal and organisational skills, as you will be responsible for communicating directly with your own portfolio of clients. The candidate must be able to effectively manage high volumes in a high-paced business, with the ability to adapt according to client & team needs. The position offers an opportunity to be part of a dynamic team, which collaborates closely with several functions across HSBC Innovation Banking.

What you can expect to be doing:

Ownership for a complex portfolio of clients, covering all supported facility types, including Capital Call facilities, NAV & GP co-invest facilities. 

Lead both client & internal stakeholder discussions regarding facility compliance & borrowing base status.

Deliver excellent client service in facility management, ensuring timely & thoughtful query handling.

Perform detailed analysis on each Client’s investor base & portfolio of assets, partnering with internal stakeholders to assess the underlying credit risk of each client.

Accountability for the accurate & timely management of the internal investor database, coupled with ongoing monitoring of each client’s underlying collateral.

Review and critically assess clients' financial reports, both qualitatively and quantitatively, to ensure covenant compliance. Address discrepancies by working with the client and relationship team to resolve issues.

Perform thorough due diligence of underlying investors, attributing internal credit ratings accordingly.

Accountable for assessing covenant compliance and escalating to both Credit & the relationship team where breaches occur.

Requirements:

Must have solid Fund Finance experience

Must be proficient with Excel

Ideal candidate will have at least a general understanding of the VC/PE industry and underlying finance solutions

Excellent organization skills, with an ability to manage high volumes, escalate issues and follow-up appropriately

Ability to work independently and collaboratively with fellow Portfolio Management team members, assess the role and duties proactively, and effectively navigate multiple mediums (email, phone, in-person) with cross functional teams (Credit, Relationship Managers, Origination, Loan Operations & Servicing), as well as SFS leadership

Where you’ll be based:

Our home office in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office. This role is part of a client-facing and relationship focused team and is therefore offered with an expectation of at least 3 days working from the office.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:

Email: [email protected]

Telephone: +44 207 832 8500