Alec Horne
About Alec Horne
Alec Horne serves as Vice President at HSBC, where he has worked since 2020, following a role as Senior Credit Analyst. He has a background in financial analysis from Wells Fargo and holds a Bachelor of Science in Mathematical Economics from Wake Forest University.
Work at HSBC
Alec Horne currently holds the position of Vice President at HSBC, where he has been employed since 2021. He has accumulated significant experience in Wholesale Portfolio Management, having worked in this capacity since 2020. His role involves monitoring portfolio profitability and managing low-returning assets, risk-weighted assets (RWA), and loan impairment charges. Horne supports the Executive Vice President Head of Credit & Lending at HSBC USA's Commercial Bank in a Business Management-type role. He collaborates closely with senior management on loan pricing and structuring requests, and he engages in various ad-hoc projects with stakeholders across the bank.
Previous Experience at Wells Fargo
Before joining HSBC, Alec Horne worked as a Financial Analyst at Wells Fargo from 2014 to 2016 in the Greater Pittsburgh Area. During his two years at Wells Fargo, he developed foundational skills in financial analysis and corporate credit underwriting. His experience at Wells Fargo contributed to his understanding of the financial services industry and prepared him for subsequent roles in credit management and portfolio oversight.
Education and Expertise
Alec Horne earned a Bachelor of Science degree in Mathematical Economics with a minor in Statistics from Wake Forest University, where he studied from 2010 to 2014. His academic background provided him with a strong foundation in quantitative analysis and economic principles. Horne has refined his skills in financial statement analysis, projection modeling, free cash flow (FCF) analysis, enterprise value (EV) modeling, and managing syndicated deal processes, which are essential for his current roles in portfolio management and credit analysis.
Background and Early Career
Alec Horne began his career with internships at OakTree Investment Advisors and AccuSpec Electronics in 2011 and 2012, respectively. These internships allowed him to gain practical experience in financial analysis and corporate finance. Horne also attended Fox Chapel Area High School from 2006 to 2010, where he laid the groundwork for his future studies in economics and finance. His early experiences have contributed to his approximately five years of expertise in corporate credit underwriting for middle market and large corporate companies.
Key Responsibilities at HSBC
In his current role at HSBC, Alec Horne creates monthly reports on deteriorating credits across the portfolio. He assists in monitoring portfolio profitability and engages in various projects related to Credit Management, Relationship Management, Business Finance, and Risk. Horne's responsibilities include supporting senior executives in decision-making processes and providing insights into loan pricing and structuring requests, demonstrating his integral role within the organization.