Risk Exposure Management XVA Trader

Pricing XVA on both new transactions and unwinds
- Structuring and Hedging the XVA portfolio
- Supporting funding and capital efficient solutions
- Interaction with control functions (Market Risk, Credit Risk, Finance and Middle office)

- Managing and structuring the funding risk in the collateralised portfolios including, initial margin, negatives rates VA and multi-cost of funds
- Ensuring the desk has the correct reporting of bilateral risks
- Support Initial Margin optimisation solutions
- Responsible of analysing risks and costs of clearing v bilateral
- Work with the rest of the Global REM team to ensure full coverage of the client portfolio

Your team : 
You will be working as part of the Risk Exposure Management (REM) team in London. We are a Front Office Business Unit within Group ALM that manages credit and funding risks for OTC derivatives across IB, WM, AM and NCL. In addition, GALM provides unsecured funding, manages and optimises RWAs and Capital relating to Basel III limits and owns the Banks structural IR risk, FX risk and Liquidity buffer.

Your experience and skills : 
You have:

- Experience in derivative products
- In depth knowledge of CVA, FVA, Neg Rates VA, Close out Risk, Uncleared Bilateral Margin
- Previous experience with derivatives multiple cost of funds discounting.
- Knowledge of Basel III (RWAs and LRD), NSFR and other regulatory requirements
- Ability to work with 3rd party clients and counterparties