Earning $152K annually on average, VPs of Risk Management receive the most money, followed by VPs of Sales ($144K), Information Technology Project Managers (around $125K), and Compliance Managers ($122K). Among the lower-paid positions at HSBC are Relationship Managers — the median salary for this role approaches approximately $66K.
Years of Experience
For those with five to nine years of experience, average earnings amount to about $88K per year. For those with one to four years of experience, median paychecks reach $69K annually. The largest fraction of HSBC people (39 percent) have been working for 10-19 years and earn approximately $119K per year on average.
When it comes to location, the highest average paycheck (around $114K annually) can be spotted in Jersey City, N.J.; New York, N.Y. ($107K), Chicago, Ill. (about $107K), and Los Angeles, Calif. ($95K) are the next top-paying cities. On the lower end is Tampa, Fla. at approximately $63K. Across HSBC's U.S. offices, employees in the state of New Jersey earn the most, taking home about $114K per year.
Certifications and Degrees
Salaries approach $133K annually for Certified Information Systems Security Professionals; non-accredited workers make much less. Project Management Professionals also rank high on the pay scale, with expected average earnings of $110K per year. It pays to have a Bachelor of Science in Computer Science (CS) at HSBC — these employees make the most at around $154K annually.
Employees who count Risk Management / Risk Control among their skills enjoy higher pay; the median for this group is $124K per year. A relatively widespread skill at HSBC is Financial Analysis; nearly one in eight of employees use it for work. Employees also tend to round out their skills sets with Project Management, Customer Relationship Management, and Microsoft Excel.
Benefits and Perks
A large number of respondents set aside retirement funds in an employer-sponsored 401(k). At HSBC, a large number of employees have health insurance, and a large number of survey participants have dental coverage. HSBC folks also make good use of a subsidized cell phone, tuition reimbursement, life insurance, optional telecommute / work from home, and a casual working environment.