XVA Associate Trader

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 17 Oct 18

XVA Associate Trader

xVA Trader (Associate)
The advertised role is for a trader within the xVA desk, focusing mainly on FID products. This role includes evaluating and pricing of credit and funding as well as collateral optionality; risk-managing the existing derivative portfolio by executing trades and optimizing portfolio hedges as well as frequent communication with the sales and trading desks for general counterparty issues. *LI-NF1


- Evaluate new transactions for FID counterparties for the xVA desk
- Risk manage trading book positions, understand risk measures and ensure risk limits are adhered to
- Execute transactions for hedging of xVA risks in accordance with desk procedures
- Manage day-to-day issues of trading book; P&L review and sign-off, trade bookings, new trade fees etc.
- Provide feedback to functional groups related to derivative risks arising from ISDA terms

- Minimum degree educated, preferably in a quantitative field such as Math, Engineering or Science
- Able to perform under pressure, think and make decisions in short timeframes and prioritize as required
- Strong numerical, analytical and IT skills. Team player, enthusiastic and willing to learn. *LI-NF1