Associate Director - Singapore - HSBC

HSBC

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

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Description

Job description

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.

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 fulfills 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 a high calibre professional to join our team as an
Associate Director - Direct Lending.

Principal Responsibilities

This is a senior role within the newly formed Asian Direct Lending team, as HSBC Asset Management ("AM") is launching a direct lending capability into the Asia region, having successfully developed a track record in the UK since 2020
Responsible for leading assessment and analysis of private credit transactions for recommendation to Investment Committee, and the ongoing monitoring of the portfolio
Building strong relationships with financial sponsors, advisers, management teams and CMB origination professionals in order to best position AM funds for transactions
For new transactions the role holder will review key information sources including the information memorandum, business plans, third party due diligence reports (financial, commercial, legal and tax structuring reports) and other bespoke diligence (ESG, etc), and will test the assumptions of financial models provided and build appropriate internal models
Management of transaction documentation process in conjunction with CMB and external stakeholders to ensure that investments are completed in an efficient manner
Ongoing oversight of investments post completion including proactive engagement with any investments showing signs of stress or distress
Coaching of junior team members to ensure sharing of best practices and continued technical development on modelling, credit analysis, legal terms, etc
Help to promote the direct lending capability to sales teams. Help prepare generic or adhoc marketing documents for fundraising. Assist in the production of adhoc research papers for marketing purposes
To contribute effectively to screening and due diligence on new transactions, including the review of information memorandum and sales documentation, 3rd party due diligence (financial, commercial, legal and tax structuring reports) and other bespoke diligence, and building/testing assumptions of financial models provided
To ensure proposed transactions are inline with policy and investment restrictions
To maintain contact with portfolio companies through sponsors and management teams (directly and where appropriate, alongside CMB Origination Professionals) to assess financial needs, condition, opportunities/risks facing their business and proactive pitching of refinancing options
To keep up to date with market developments/deal flow
Provide support to the investment team, product and sales for client pitches/interaction
Work closely with colleagues from middle office, back office and external service providers (AIFM, Valuer, etc.)

Requirements

A minimum of 5 years' experience gained in private credit, leveraged finance, structured finance or similar with some exposure to midmarket lending and working alongside financial sponsors desirable
A strong level of commercial acumen and awareness, including of economic, cultural, procedural and regulatory issues of business
Strong interpersonal skills and a proven ability to build strong working relationships with all stakeholders. Able to evidence relationships with midmarket financial sponsors, advisers and corporates
Strong communication skills, including written, verbal, and the ability to deliver compelling presentations to people at all levels within the business
Strong analytical skills including working with financial models and an understanding of the fundamentals of investment appraisal
A desire to work as part of a team where success is collective and people work together closely to achieve objectives excellent time management, planning and organisation skills
A strong interest in business including a desire to understand different business models, strategy, the dynamics at work in different industries

Desirable: