Trainee - Xva Trader

2 weeks ago


London, United Kingdom Société Générale Full time

**Responsibilities**:
**Description of the Business Line or Department**

The Fixed Income & Currencies division gives access to a large scope of exposure and opportunities across Interest Rate, Foreign Exchange, Inflation and Multi-asset universes.

Supported by extensive research, engineering, trading and e-commerce capabilities, we offer strategic insights strategy, flow information, competitive pricing and seamless execution to our clients across dates, credit, FX and emerging markets.

**Summary of the key purposes of the role**

Assist xVA traders in daily tasks

Contribute to projects led by the manager

Assist in xVA management

Work with R&D teams to improve xVA pricers

**Summary of responsibilities**

Assist xVA traders in pricing on derivatives for all asset classes traded within Capital Markets

Explain pricing assumptions and calculation to Capital Markets sales & trading teams

Monitor, with the help of support teams, the xVA fee workflows

Help xVA traders in optimizing existing derivatives portfolios to reduce CVA, CVAR, capital and funding costs

Help to put in place and monitor the process for internal and external tools to optimize IM (bilateral and clearing houses)

Contribute to the development of pricing and risk management systems for xVA

**Profile required**:
**Competencies**

Preferably educated in a numerate discipline

Derivatives pricing experience an advantage

Good understanding of counterparty exposure calculation

Good basic knowledge of regulatory constraints

Good basic knowledge of scarce resources constraints impacting Global Markets

Fluent written and spoken English essential

Ability to work autonomously and be self-sufficient

**Why join us**:
People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

**Business insight**:

- Reference:

- **23000MWS**
- Entity:

- **SG CIB**
- Starting date:

- **2023/10/30**
- Publication date:

- **2023/07/28


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