Principal, Hedge Fund Research - HSBC Global Asset Management

GCB 4
We are currently seeking a high calibre professional to join our team as a Principal, Hedge Fund Research.
In this role you will:
Investment Research and Due Diligence
Conduct initial and ongoing due diligence on hedge fund managers, assessing investment philosophy, process, organization, team, competitive advantage and alignment of interests.
Evaluate portfolio construction, liquidity, leverage, capacity, concentration and risk-management frameworks.
Analyse performance, risk-adjusted returns, drawdowns, factor exposures, attribution and peer-relative results.
Assess whether performance and portfolio positioning are consistent with the manager’s stated process and risk parameters.
Conduct manager meetings, on-site visits, reference calls and due diligence interviews.
Monitor material changes in personnel, process, ownership, performance, positioning and risk, escalating concerns promptly.
Produce initial due diligence reports and periodic review reports, monitoring notes, Investment Committee papers and client-facing commentary.
Make clear, evidence-based investment recommendations and maintain complete, accurate and timely research records.
China and Regional Research
Develop detailed knowledge of the mainland China and Greater China hedge fund markets.
Source and evaluate prospective managers, including China-domiciled funds and qualified offshore managers.
Monitor relevant changes in market structure, liquidity, regulation, policy and investor positioning.
Maintain relationships with managers, industry participants and other relevant market contacts.
Partner with China onshore Private Banking to evaluate proposed funds and support business growth.
Support manager and strategy research in other regions as required.
Strategy and Portfolio Analysis
Contribute to top-down strategy research, including market outlooks, opportunity-set assessments and relative-value analysis.
Support portfolio assessments covering strategy allocation, diversification, liquidity and aggregate risk.
Identify emerging opportunities and potential sources of manager or portfolio risk.
Impact on Business
The role enables HAIL to provide full investment coverage of the current and prospective hedge fund investments.
The role enables HAIL to support the client facing teams in AMG and GPB with timely information with regards to the hedge fund investments.
The roles enables HAIL to construct meaningful top down strategy analysis with which to manage and advise on assets across the group.
Key Stakeholders
Hedge fund research teams and portfolio management.
China onshore and Global Private Banking.
Operational due diligence, Risk, Compliance and Legal.
Institutional clients and client-facing teams.
External hedge fund managers and industry participants.
Leadership and Teamwork
Collaborate with global investment due diligence, operational due diligence and portfolio management colleagues.
Build effective relationships with China onshore Private Banking and other internal stakeholders.
Contribute constructively to investment discussions and share relevant research and market intelligence.
Operational Effectiveness and Control
Maintain complete, accurate and current due diligence and monitoring records.
Obtain required information from managers and escalate material concerns promptly.
Use data, analytical and AI tools in accordance with HSBC policies and confidentiality requirements.
Major Challenges
Managing multiple manager reviews, monitoring requirements and competing deadlines.

Skills
Due Diligence

Experience
8+ yrs