Citi · 21 hours ago
XVA Trader, Assistant Vice President
New York New York United States
Full-time
Hybrid
Senior Level
$150K/yr - $175K/yrCiti is a leading global bank, and they are seeking a Junior Trader to join their Rates & Currencies XVA desk. The role involves managing deal pricing, book management, and collaborating with various teams to optimize trading strategies and risk management.
BankingFinanceFinancial Services
Responsibilities
Provide XVA, funding and capital pricing to sales desks. Optimize costs of the CVA/XVA trading and funding books, analyze and dynamically hedge risks. risk/csa 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
Analyse and implement market strategies to handle the complex cross-asset position arising from the Global Markets ColVA portfolio
Collaboration with Global Sales and Structuring in the design and negotiation of new/amended CSAs, including client engagement
Participate in the development and improvement of tools and models needed to manage ColVA risk
Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance to ensure appropriate governance and control infrastructure
Appropriately assess risk when decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency
Qualification
Required
Any experience working in an XVA trading business, including capital and notional management, as well as pricing CVA/Funding/Capital for Rates and Currencies products (candidates with experience in non-linear trading might also be considered)
Very strong analytical and mathematical skillset
Comfortable with derivatives modelling concepts
Strong Excel + Python/other programming skills & experience
Demonstrated ability to conduct own research, evaluate proof of concepts / prototypes, articulate ideas and deliver presentations
Ability to read CSAs and decipher important information from it
Familiarity with capital rules (Basel RWA, CCAR and/or GSIB)
Ability to pick up new concepts and think outside the box quickly
Preferred
Knowledge of the following would be a plus: the latest XVA trends, DP analytics, compression and IM optimization
Undergraduate numerate degree or higher, degree in Physics, Mathematics, Engineering or Economics with background in Financial Mathematics preferred
Benefits
Medical, dental & vision coverage
401(k)
Life, accident, and disability insurance
Wellness programs
Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
Company
Citi
Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Founded in 1812
10001+ employees
H1B Sponsorship
Citi has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1386)
2024 (849)
2023 (1375)
2022 (1117)
2021 (876)
2020 (901)
Funding
Current Stage
Late StageLeadership Team
James Monahan
Managing Director / Global Head of Asset Servicing
Naveed Sultan
Managing Director, Chairman, Institutional Clients Group
Recent News
2026-01-20
2026-01-15
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