Overview of business area or project:

This role is within the XVA Mgmt trading Business Control team supporting the Asia, European and American trading desks. The XVA Mgmt trading desk is a central function desk that manages CVA / DVA / FVA / CAV / RWA risks, primarily for the FID business. The successful candidate will expect to play an integral role in supporting a fast-paced and evolving business, expect exciting challenges & learning opportunities within XVA Management. 


Key Responsibilities:

  • Obtain and understand the underlying businesses and develop, maintain and govern an effective control framework
  • Supervisory responsibility on daily P&L allocation process
  • Help drive resolution of issues that arise from the day to day and monthly processes with a view to resolving these in an efficient and timely manner
  • Identify significant and complex trades to be reported and discuss unusual entries/issues with PC management, RMM and Front Office where applicable
  • To support the XVA PC team in monthly and quarterly reporting deliverables and ensure all month end and quarter end tasks are completed within deadlines as specified by the month end timetable
  • Proactively build relationships by maintaining ongoing dialogue with all key clients
  • Drive strategic and continuous improvement projects as well as operation excellence initiatives to continuously improve daily functions and systems / applications
  • Perform validation and control around the PnL & Balance Sheet with a license to challenge valuation and accounting methodologies, residual trading and operational risks and the overall impact on the bank
  • Prepare and review key disclosures from accounting disclosure such as Fair Value leveling (FAS 157) to regulatory disclosures


Essentials Skills and Qualifications:

  • 5yrs product control experience is required
  • Self-Starter with strong control mindset
  • Strong ability to work under pressure and meet tight deadlines
  • Strong analytical and communication skills with attention to detail
  • Degree level educated


Desired Skills and Qualifications:

  • CVA / DVA / CAV knowledge is highly desirable
  • CFA / CPA certified is highly desirable
  • Strong power point presentation skills
  • Strong Excel skills


Salary: $7,000 Per Month