Citi Brasil

XVA Trader

Source: Talent GB

Job Purpose: A trader to work alongside an established CVA/XVA trading desk managing all aspects of deal pricing, book management and projects.

Job Background/context: The CVA/XVA desk is responsible for the pricing and subsequent risk management of the XVA of trades in the rates and currencies business. The desk also manages and prices the use of funding and capital, as well as manages the business response to LIBOR transition. The desk prices transactions of varying sizes, and manages several portfolios of credit, rate, fx, volatility and basis risk. The desk works closely with corporate and institutional sales, risk management, finance and all rates & currencies trading desks.

Key Responsibilities: Provide XVA, funding and capital pricing to sales desks. Optimize costs of the CVA/XVA trading and funding books, analyze and dynamically hedge risks. Participate in MRNCCD onboarding, involves risk/csa data reconciliation and management. Work with quant and IT groups on modelling improvements. Work closely with relevant control functions, IT, quants and other internal groups. Create, optimize and manage desk risk and p&l reports. Regular dialogue with internal trading desks and external sales coverage.

Knowledge/Experience:

Must have 2+ years working in trading or related desk or function, with experience of XVA trading or non-linear trading preferred

Skills:

Very strong analytical and mathematical skill.

Comfortable with derivatives modelling concepts.

Ability to read CSAs and decipher important information from it.

Strong excel + programming skills e.g. Python & experience.

Attention to detail.

Demonstrable team skills both within and across teams.

Ability to pick up new concepts and think outside the box quickly.

Knowledge of the latest XVA trends a plus but not a requirement.

Qualifications:

Undergraduate numerate degree or higher

Competencies:

Must be able to build rapport with many stakeholders and effective co-ordination across different functions.

Must be able to work independently

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.
The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.
Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.
Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:
• Honesty, integrity and reputation
• Financial soundness
• Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.
This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks

-

Job Family Group:

Institutional Trading

-

Job Family:

Trading

-

Time Type:

-

C


50 minutes ago



London, England

Citi Brasil

Full Time

Apply at Melga
By registering, you are giving consent for melga to inform you of jobs by email according to your search. I declare that I have read and accept the Terms of Service , Privacy Policy and Cookies Policy of beBee Affinity Social Network SL

Related Jobs

  • https://dktn8eak9qti5.cloudfront.net/img/letters/D.png

    XVA Quant Analyst - 13335419

    XVA Quant Analyst Investment Banking Work from home. Much later Central London Competitive day rates. Long term, initially 6 months As a long-established preferred IT / technology rec

    Deerfoot I.T. Resources Limited - London, England - beBee S

  • http://jobs.accaglobal.com/getasset/0e929680-2dcc-48b8-a435-8e14b05bd207/

    xVA Business Analyst (AVP)

    The XVA Business Analyst is a senior-level position responsible for liaising between the Business and technologists to understand the requirements and translate and coordinate with the Technology team

    Citibank - Central london, England - beBee S

  • https://cdn-dynamic.talent.com/ajax/img/get-logo.php?empcode=credit-suisse&empname=Credit Suisse&v=024

    XVA Risk Management Business Analyst / Architect

    Your field of responsibility An outstanding opportunity to join us in this role and your primary focus will be on enhancing the Counterparty Risk Management framework for

    Credit Suisse - London, England - Talent GB

  • https://dktn8eak9qti5.cloudfront.net/img/letters/C.png

    XVA Risk Management Business Analyst / Architect

    An outstanding opportunity to join us in this role and your primary focus will be on enhancing the Counterparty Risk Management framework for First Line of Defense. You will be responsible for spec

    Credit Suisse - London, England - beBee S