At a Glance
- Tasks: Price, hedge, and optimise collateral valuation adjustments in a dynamic trading environment.
- Company: Leading financial firm based in London with a focus on innovation.
- Benefits: Competitive salary, exposure to market dynamics, and career growth opportunities.
- Other info: Collaborative culture with a focus on compliance and regulatory developments.
- Why this job: Join a cutting-edge team and make a real impact in derivatives trading.
- Qualifications: Degree in Mathematics or related field; experience in trading or risk management.
The predicted salary is between 63000 - 77000 £ per year.
Join our Collateral and Trading Desk as an XVA & Collateral Trader, where you'll take centre stage in pricing, hedging, and optimising collateral valuation adjustments across our derivatives portfolio. Based in London within our Scarce Resources Management and XVA Trading (SRT) team, you'll manage collateral portfolios for cleared and non-cleared OTC derivatives while serving as a key interface between desk, sales, and trading teams.
What You'll Do
- Price and hedge MVA and ColVA across our derivatives portfolio, implementing internal transfer pricing mechanisms for optimal scarce resources allocation.
- Actively trade repo markets to optimise collateral funding costs and develop analytical frameworks to support pricing and risk management.
- Manage daily margin calls and collateral movements with counterparties and CCPs, analysing portfolio dynamics to identify optimisation opportunities.
- Define and execute collateral and funding strategies aligned with business objectives, supporting commercial negotiations on CSA terms.
- Report key portfolio metrics and risk drivers to management, providing technical support and market insights across the organisation.
- Stay ahead of regulatory developments and market dynamics, advising the sales team on future market developments and product pricing.
Who You Are
- Degree in Mathematics, Science, or related field (or A-levels with relevant market experience).
- Proven experience in financial products trading or risk management.
- Deep expertise in XVA (CVA, DVA, FVA) with hands-on experience pricing and risk managing XVA trading books.
- Strong credit knowledge and thorough understanding of financial derivatives, market liquidity, and volatility.
- Excellent numerical, analytical, and spreadsheet skills with proficiency in Bloomberg and Reuters.
- A collaborative team player who thinks quickly, makes sound decisions under pressure, and communicates effectively with senior managers, sales, structurers, and quants.
Nice to Have
- Advanced experience in collateral management and liquidity optimisation.
- Knowledge of regulatory developments in derivatives trading and collateral management.
- Experience with repo markets and funding strategies.
Regulatory Requirements
- CP8/CP6 Certified Persons Registration required.
- Commitment to compliance with all applicable legal, regulatory, and internal requirements.
Why Join Us?
This role offers significant exposure to regulatory developments and market dynamics that drive XVA pricing and competitiveness. You'll work at the forefront of derivatives markets, leveraging deep expertise to support market activity and ensure optimal balance sheet deployment. If you're passionate about XVA trading, collateral optimisation, and making an impact in a dynamic trading environment, we'd love to hear from you.
XVA & Collateral Trader – London employer: Crédit Agricole CIB
Crédit Agricole CIB is an exceptional employer located in the heart of London, offering a dynamic work culture that fosters collaboration and innovation within the Global Markets Division. Employees benefit from comprehensive growth opportunities, including professional development and exposure to international regulatory environments, making it an ideal place for those seeking meaningful and rewarding careers in finance. With a commitment to employee well-being and a supportive team atmosphere, Crédit Agricole CIB stands out as a top choice for aspiring Clearing Analysts.
StudySmarter Expert Advice🤫
We think this is how you could land XVA & Collateral Trader – London
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We think you need these skills to ace XVA & Collateral Trader – London
Some tips for your application 🫡
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How to prepare for a job interview at Crédit Agricole CIB
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Crédit Agricole CIB.
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