Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Assist xVA traders with pricing derivatives and optimise portfolios.
- Company: Join a leading firm in Fixed Income & Currencies, known for innovation and teamwork.
- Benefits: Enjoy a collaborative environment with opportunities for growth and development.
- Why this job: Be part of a dynamic team that values your input and fosters creativity.
- Qualifications: Degree in Finance or Mathematics; derivatives pricing experience is a plus.
- Other info: We celebrate diversity and are committed to recruiting the best talent.
The predicted salary is between 30000 - 42000 £ per year.
The Fixed Income & Currencies (FIC) division offers access to a broad scope of exposure and opportunities across the Interest Rate, Foreign Exchange, Inflation, and Multi-asset universes. Supported by extensive research, engineering, trading, and e-commerce capabilities, we provide strategic insights, flow information, competitive pricing, and seamless execution to our clients across rates, credit, FX, and emerging markets.
Summary of the key purposes of the role:
- Assist xVA traders with daily tasks
- Contribute to projects led by the team manager
- Assist with xVA management
- Collaborate with research and development teams to improve xVA pricers
Summary of responsibilities:
- Assist xVA traders with pricing derivatives across all asset classes traded within Capital Markets
- Explain pricing assumptions and calculations to Capital Markets sales and trading teams
- Monitor, in collaboration with support teams, the xVA fee workflows
- Help xVA traders optimize existing derivatives portfolios to reduce CVA, CVaR, capital, and funding costs
- Assist in implementing and monitoring processes for internal and external optimization tools
- Contribute to the development of pricing and risk management systems for xVA
Profile required:
- Degree or equivalent in Finance, Mathematics, or related discipline
- Derivatives pricing experience is highly advantageous
- Good understanding of counterparty exposure calculation
- Basic knowledge of regulatory constraints
- Basic knowledge of resource constraints impacting Global Markets
- Excellent written and spoken English skills
- Ability to work independently and manage workload
- Ability to organize time and meet strict deadlines in a busy Front Office environment
Why join us:
We value the impact our people can have on our organization and the impact we have on them. Our flatter structure offers visibility and exposure beyond our competitors, fostering a personable and innovative environment built on passion, open-mindedness, and shared ideas. Our team spirit, based on community and respect, makes us unique and drives our collective success.
Business insight:
If you believe you have the required experience and qualifications, please apply to the SG Resourcing Team. At Société Générale, our people are our strength, and we are committed to recruiting the best talent based on aptitude and ability, regardless of personal background or characteristics.
Trainee - xVA Trader employer: SGS Société Générale de Surveillance SA
Contact Detail:
SGS Société Générale de Surveillance SA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trainee - xVA Trader
✨Tip Number 1
Familiarise yourself with the latest trends in derivatives pricing and counterparty exposure calculations. This knowledge will not only help you understand the role better but also demonstrate your commitment to staying updated in this fast-paced field.
✨Tip Number 2
Network with professionals already working in the Fixed Income & Currencies division. Attend industry events or join relevant online forums to connect with current xVA traders and gain insights into their daily tasks and challenges.
✨Tip Number 3
Brush up on your technical skills, especially in programming languages commonly used in finance, such as Python or R. Being able to contribute to the development of pricing and risk management systems will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss how you can optimise existing derivatives portfolios. Think about strategies that could reduce CVA, CVaR, and funding costs, as this will show your proactive approach and understanding of the role's responsibilities.
We think you need these skills to ace Trainee - xVA Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, mathematics, or derivatives pricing. Emphasise any projects or roles that demonstrate your understanding of counterparty exposure and regulatory constraints.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the xVA Trader role and how your skills align with the responsibilities outlined. Mention specific experiences that showcase your ability to work independently and manage workloads effectively.
Showcase Your Technical Skills: If you have experience with pricing and risk management systems, be sure to include this in your application. Highlight any technical skills that relate to the optimisation tools mentioned in the job description.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your written English is clear and professional, as excellent communication skills are essential for this role.
How to prepare for a job interview at SGS Société Générale de Surveillance SA
✨Understand the Role
Make sure you have a solid grasp of what a Trainee xVA Trader does. Familiarise yourself with derivatives pricing, counterparty exposure calculations, and the specific responsibilities outlined in the job description.
✨Brush Up on Technical Knowledge
Since derivatives pricing experience is advantageous, review key concepts and calculations related to xVA management. Be prepared to discuss how you would approach pricing derivatives and optimising portfolios.
✨Showcase Your Analytical Skills
Highlight your ability to analyse data and make informed decisions. Be ready to provide examples of how you've used analytical skills in past experiences, especially in finance or mathematics.
✨Prepare Questions
Have insightful questions ready for your interviewers. This shows your interest in the role and the company. Ask about the team dynamics, ongoing projects, or how they measure success in the xVA department.
