Key Points To Understand About HSBC Recruitment Process 2023

HSBC (Hong Kong and Shanghai Banking Corporation Limited) is a British multinational universal financial and banking services company with offices in 64 countries across North America, South America, Africa, Asia, Oceania, and Europe, serving over 40 million customers.

HSBC was ranked at 38th position globally in the Forbes rankings and is considered the largest bank in Europe with a revenue of USD 4,955 crores (2021). 

For young graduates, HSBC offers an environment where they can learn, grow and innovate to create a better future. Each year, HSBC offers exciting job opportunities for freshers and experienced candidates across streams.  

Even for candidates with engineering backgrounds, HSBC is an excellent company to be a part of. If you want to be a part of this organization, this article will help you get an overview of the recruitment process at HSBC. 

Career opportunities offered by HSBC

HSBC welcomes both experienced candidates and graduates to realize their professional ambitions. Primarily, the job profiles offered by HSBC are related to financial services such as wealth and personal banking, commercial and investment banking, trade finance, cash management, capital markets, asset management, and securities and custody services. In addition, HSBC also has roles in operational and support functions such as internal audit, marketing, human resources, software development, and operations.

HSBC has dedicated technology teams in Hyderabad and Pune that are involved in automation, artificial intelligence, data engineering, machine learning, cloud, and biometrics to make banking simpler and more efficient. Hence, for engineers looking to kickstart their careers, HSBC can be a great fit. 

HSBC Recruitment Process: How to Apply?

 HSBC recruits engineers through various modes. There are:

• On-campus/Off-campus recruitment: HSBC visits various engineering colleges across the country to recruit final-year B.Tech candidates. Other than on-campus recruitment, HSBC also conducts off-campus recruitment drives for eligible candidates from time to time. 
• Direct Application: One can directly apply on HSBC's official website. The career page of the website has all the vacant positions listed and one can apply for any job role that meets their skill set.
• Employee Referral: One of the most effective ways to make your way into HSBC is through an employee referral. It is a structured program that companies use to find potential candidates through recommendations from their existing employees. 

HSBC Recruitment Process: Eligibility Criteria and Timeline

In this article, we are largely covering the HSBC recruitment process for freshers who are hired as Trainee Software Engineers. Following are the eligibility criteria that one needs to meet for this job role. 

The timeline for the HSBC recruitment process varies from person to person. If you have applied online for vacant posts at HSBC, the application process may be a little longer as compared to the on-campus or off-campus selection process. 

HSBC Recruitment Process for Software Engineers

The HSBC selection process is a 4-round process wherein all the written stages are elimination rounds. This means one needs to pass one written round to move over to the next one. The recruitment process consists of the following rounds:

• Online Test
• Coding Round
• Technical Interview
• HR Interview

Here are the details of the above rounds:

1. Online Test: The HSBC online test includes questions from logical reasoning, verbal reasoning, general aptitude, pseudo codes, computer science fundamentals, brainteaser questions, etc. There are about 70-90 questions that assess the cognitive abilities of the candidate. This is an elimination round. Hence, only the ones who pass this test can go on to the next round i.e. the coding round. 

Note: If you have applied online through direct application, HSBC may send you a link to a website containing some HSBC assessments. These online immersive assessments are designed to identify whether you have the skills required for the role and to assess your suitability for working with the HSBC group. 

2. Coding Round: Designed to test the coding skills of the candidate, this round has 2 coding questions that need to be solved in about 30 minutes.

3. Online Round II: At times, HSBC may hold a second online round too. Apart from cognitive questions, this round includes behavioral and situational judgment questions. A video or telephone interview may also be conducted for situation-based questions. The time limit for this interview is about 30 to 60 minutes. 

4. Technical Interview: The candidates shortlisted from the above stages are called for the interview rounds. The technical interview round tests your basic understanding of computer science. Some important topics for this round are operating systems, DSA, multithreading, SQL, etc. You may be also asked to solve coding questions on paper. 

5. HR Interview Round: This round includes common questions or thought-provoking questions intended to get a better insight into the candidate's personality. The HR interview round may also involve managerial questions on topics such as agile methodology, reverse a linked list, HashMap, TreeMap, etc. 

HSBC Recruitment Process: Salaries offered for Trainee Software Engineer roles

The salary range and other benefits for Trainee Software Engineer roles are given below.

FAQs regarding HSBC Recruitment Process

1. How to perform well in the HSBC interview?

To perform well in the HSBC interview, one of the most important things is to know the key facts about HSBC Bank. You can go through HSBC's corporate website to understand the core values of the organization, read the news or talk to anyone who is or has been a part of HSBC to understand more about the company. During your interview, it is important to show that you are interested in the specific role being offered and in working for HSBC. Also, don't be shy to highlight your relevant skills and qualities. Having said this, HSBC is a two-way process and you will be given plenty of opportunities to ask questions from the interviewer that will help you decide whether HSBC is the right place for you.

2. How long will it take to get a response from HSBC after I submit my application form online? 

The time period may vary depending on when you applied, which position you applied for and how many applications HSBC has received for the same.

3. If my degree is not finance-based, can I still apply for the HSBC hiring process?

HSBC is looking for talented individuals with a broad range of skills and welcomes candidates from all career backgrounds. The company also provides comprehensive training once the candidate joins. 

Why HSBC

HSBC is one of the world’s leading international banks that provides a range of career opportunities for students and graduates and offers competitive salaries and benefits packages. Hence, HSBC can be a great platform for engineers looking to make a career in the financial services industry. The global bank welcomes talent with different ideas, and perspectives and from varied cultures and backgrounds. Thus, HSBC strongly aims to become an inclusive and diverse workplace where everyone from anywhere can achieve their potential. 

We hope this article helped you get a good understanding of the HSBC recruitment process. For more such articles, stay tuned to Unstop. 

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