Skip Navigation

open main navigation menu
city landscape


Advanced Search

Search Jobs

Match Your Skills

Search jobs based on your LinkedIn profile.

Match Now

Career Opportunity

XVA Trader - Associate/ Vice President

Locations: London, England Job Function: Trading, Institutional Trading Employee Status: Regular Job ID: 20201701

Job Description

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 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. Analyze and dynamically hedge risks, optimize costs of the CVA/XVA trading and funding books. Participate in LIBOR reform efforts, involves risk/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.

Person Specification


Must have 2+ years working in a non-linear flow trading book, XVA trading business or related desk or function


Very strong analytical and mathematical skill.

Comfortable with derivatives modelling concepts.

Strong excel + VBA/other programming skills & experience

Attention to detail.

Demonstrable team skills both within and across teams.

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


Undergraduate numerate degree or higher


As above


Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - GB


Time Type :


Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity CLICK HERE.

To view the "EEO is the Law" poster CLICK HERE. To view the EEO is the Law Supplement CLICK HERE.
To view the EEO Policy Statement CLICK HERE.
To view the Pay Transparency Posting CLICK HERE.