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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh

About the Role

HSBC Saudi Arabia is seeking a motivated and detail-oriented Associate to join its Infrastructure Finance, Export Finance team in Riyadh. This role is integral to supporting both the Riyadh and Dubai-based teams in the origination and execution of Export Credit Agency (ECA) transactions within the Kingdom of Saudi Arabia. The Associate will report to the Co-Head of Investment Banking for HSBC Saudi Arabia and will play a key part in delivering HSBC's comprehensive suite of financing solutions to a diverse range of corporate and institutional clients.

HSBC Infrastructure Finance (HIF) operates globally, encompassing Infrastructure Finance and Export Finance product verticals. The team provides a full spectrum of financing solutions across sectors such as Energy Transition, Infrastructure, Transport, Power, Oil & Gas, and Petrochemicals. The Export Finance team specifically facilitates cross-border trade by leveraging government programs administered by Export Credit Agencies (ECAs) to enhance financing for project developers undertaking capital expenditure investments that involve importing equipment and services. In Saudi Arabia, the HIF team, represented by HSBC Saudi Arabia (HBSA), focuses on advising clients on project finance debt raising, assisting the Saudi Government and key clients with Public-Private Partnership (PPP) / Build-Own-Operate-Transfer (BOOT) transactions, and supporting balance sheet deployment for project and export finance through HSBC Group entities and Saudi Awwal Bank (SAB).

Key Responsibilities

  • Support the origination of ECA financing opportunities with Saudi Arabian corporate and government entities, in coordination with product and coverage teams, as well as SAB.
  • Assist in the development of outbound ECA business from Saudi Arabia, focusing on medium/long-term financing products offered by Saudi Exim Bank and ICIEC, and supporting deal origination with Saudi exporters and relevant entities.
  • Provide support to the HBSA Infrastructure Finance team in originating project finance advisory assignments that involve ECA financing.
  • Lead or support the execution of ECA financing mandates with clients in Saudi Arabia, in collaboration with other relevant teams.
  • Coordinate ECA financing-related aspects for project finance advisory opportunities with HSBC’s global Export Finance team.
  • Collaborate effectively across multi-functional teams to deliver HSBC’s universal banking product range to clients, maximizing cross-sell opportunities.
  • Conduct industry and company-specific research and share market trends, knowledge, and ideas with relevant teams.
  • Facilitate the preparation of various deliverables, including pitch books, letters of interest, term sheets, mandate letters, due diligence reports, and facility documentation, coordinating with internal stakeholders on transaction-specific matters such as legal, compliance, risk, sustainability, reputational risk, and markets sales.
  • Assist the team with reporting and Management Information requests.
  • Contribute to the continuous development of junior resources within the Riyadh teams through knowledge sharing, mentoring, and training, and by delegating tasks appropriately.
  • Originate syndication and distribution of Saudi Arabia-related Export Finance transactions.
  • Negotiate facility documentation with clients and counterparties, in close liaison with other teams.
  • Conduct due diligence on environmental and social aspects of transactions in accordance with international standards, in coordination with other teams.
  • Ensure adherence to all relevant regulatory requirements.
  • Uphold the highest level of integrity and act as a role model for all HSBC values and business principles.
  • Understand and ensure compliance with all relevant internal and external rules, regulations, and procedures applicable to the business.
  • Maintain HSBC internal control standards, including timely implementation of internal and external audit points and addressing issues raised by external regulators.
  • Undertake all required activities as directed by line managers or as agreed in annual objectives to support the HIF business.

Qualifications and Requirements

  • Over 4 years of experience in banking or infrastructure finance.
  • Experience with and a good understanding of ECA financing is a significant advantage.
  • Experience with transactions in the Kingdom of Saudi Arabia and an understanding of the local infrastructure financing market and relevant stakeholders.
  • High levels of motivation and a strong work ethic, underpinned by enthusiasm for the ECA financing product.
  • Experience in Energy Transition sectors will be an advantage.
  • Excellent verbal and written communication skills in English.
  • Strong interpersonal skills with the ability to influence stakeholders within and outside the organization.
  • Experience with loan distribution and institutional placement/arranging would be an asset.
  • Advanced analytical and presentational skills.
  • Proficiency in MS Office (Word, Excel, and PowerPoint).
  • Ability to prioritize and complete multiple tasks and work effectively under pressure in a fast-paced environment.
  • Proficiency in Arabic will be an advantage.

Required Skills

  • Export Finance
  • Infrastructure Finance
  • Project Finance
  • ECA Financing
  • Teamwork
  • Motivation
  • Work Ethic
  • Communication
  • MS Office Proficiency

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. The role involves working within HSBC's Infrastructure Finance, Export Finance team, supporting operations in both Riyadh and Dubai.


Requirements

  • Requires 5-10 Years experience

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