Fixed Income New Issue Associate
Area of Interest: Investment Banking, Markets, and Research
Location: London, GB, E14 5HQ
Work style: Hybrid Worker
Date: 1 May 2026
Responsibilities
- Deliver end-to-end operational issuance and settlement for primary deals supporting Debt Capital Markets (DCM) and the Treasury function, including Bonds, Tender Offers, Buy Backs, Medium Term Notes (MTNs), Certificates of Deposit (CDs) and Commercial Paper (CP).
- Act as a key point of coordination with DCM (Origination, Transaction Management and Syndicate), clearing systems, common depositaries, Issuing and Paying Agents (IPAs) and other lead managers to ensure successful deal closings.
- Monitor and drive pre‑matching and settlement readiness, including publishing settlement rates to the business where required. Manage day‑to‑day exceptions and breaks linked to issuance activity (e.g., stock/cash breaks, failed trades), ensuring timely resolution, accurate documentation, and clear stakeholder communication.
- Contribute to continuous improvement initiatives to streamline processes, reduce operating risk, and improve efficiency, including readiness for new market issuance and digital issuance developments. Work closely with offshore sites (e.g., Kuala Malaysia and Manila) to ensure consistent execution and appropriate controls.
- Build capability to provide supervisory coverage over time through peer coaching, quality checks, and effective escalation management.
- The team operates in a high‑value, time‑sensitive and highly complex transaction environment. Errors can directly impact settlement outcomes, client experience, market reputation and financial exposure. Accountable for operating within the Debt Securities Operations control framework.
Requirements
- Strong knowledge of debt products settlements, particularly for syndicated issuance, MTNs, CDs, CP, and structured products.
- Experience in Investment Banking New Issues Operations is preferred; however, relevant experience in Middle Office or Investment Operations for structured products will also be considered.
- Strong knowledge of primary closing mechanics for a variety of markets to include but not restricted to Euroclear, Clearstream, Crest, US, France, Italy and Spain.
- Strong understanding of general Debt Product settlement mechanics.
- Strong understanding of operational risk and control.
- Strong interpersonal skills and ability to develop strong relationships with stakeholders across Markets Operations and the supported Business Lines.
- Ability to problem‑solve, articulate requirements and escalate with minimum input from Regional/Global Heads. Works closely with peers to proactively resolve issues.
Opening up a world of opportunity
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.
#J-18808-Ljbffr”, “datePosted”: “2026-05-20”, “hiringOrganization”: { “@type”: “Organization”, “name”: “HSBC”, “sameAs”: “https://uk.whatjobs.com/pub_api__cpl__436759831__4861?utm_campaign=publisher&utm_medium=api&utm_source=4861&geoID=299” }, “jobLocation”: { “@type”: “Place”, “address”: { “@type”: “PostalAddress”, “addressLocality”: “London” } } }Fixed Income New Issue Associate
Area of Interest: Investment Banking, Markets, and Research
Location: London, GB, E14 5HQ
Work style: Hybrid Worker
Date: 1 May 2026
Responsibilities
- Deliver end-to-end operational issuance and settlement for primary deals supporting Debt Capital Markets (DCM) and the Treasury function, including Bonds, Tender Offers, Buy Backs, Medium Term Notes (MTNs), Certificates of Deposit (CDs) and Commercial Paper (CP).
- Act as a key point of coordination with DCM (Origination, Transaction Management and Syndicate), clearing systems, common depositaries, Issuing and Paying Agents (IPAs) and other lead managers to ensure successful deal closings.
- Monitor and drive pre‑matching and settlement readiness, including publishing settlement rates to the business where required. Manage day‑to‑day exceptions and breaks linked to issuance activity (e.g., stock/cash breaks, failed trades), ensuring timely resolution, accurate documentation, and clear stakeholder communication.
- Contribute to continuous improvement initiatives to streamline processes, reduce operating risk, and improve efficiency, including readiness for new market issuance and digital issuance developments. Work closely with offshore sites (e.g., Kuala Malaysia and Manila) to ensure consistent execution and appropriate controls.
- Build capability to provide supervisory coverage over time through peer coaching, quality checks, and effective escalation management.
- The team operates in a high‑value, time‑sensitive and highly complex transaction environment. Errors can directly impact settlement outcomes, client experience, market reputation and financial exposure. Accountable for operating within the Debt Securities Operations control framework.
Requirements
- Strong knowledge of debt products settlements, particularly for syndicated issuance, MTNs, CDs, CP, and structured products.
- Experience in Investment Banking New Issues Operations is preferred; however, relevant experience in Middle Office or Investment Operations for structured products will also be considered.
- Strong knowledge of primary closing mechanics for a variety of markets to include but not restricted to Euroclear, Clearstream, Crest, US, France, Italy and Spain.
- Strong understanding of general Debt Product settlement mechanics.
- Strong understanding of operational risk and control.
- Strong interpersonal skills and ability to develop strong relationships with stakeholders across Markets Operations and the supported Business Lines.
- Ability to problem‑solve, articulate requirements and escalate with minimum input from Regional/Global Heads. Works closely with peers to proactively resolve issues.
Opening up a world of opportunity
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.
#J-18808-Ljbffr…