V.I.E - XVA Trader - 12 months - Tokyo

Job Description

Within Global Markets, the mandate of the XVA desk is primarily to:

• Price the cost of resources for new derivatives: counterparty risk, funding, capital
• Risk manage XVA in order to minimize P&L volatility

This is a transversal desk within GM, with opportunities to work on various products, markets, clients and with daily interactions with several teams (structuring, trading, sales).

The desk focuses on a wide range of topics: counterparty risk, funding, margins (CSA collateral, regulatory and CCP initial margins), and regulatory capital (RWA) and the XVA book is an exotic book with complex hybrid dynamics.

Candidate's responsibilities

• Support pricing at origination of new trades, mainly fixed income business (rates, fx, credit) both linear and exotic, that have an embedded counterparty risk, liquidity or capital component, with typically clients such as corporates, or financial institutions with non-standard CSA. This will be done in conjunction with the head office in Paris following global methodologies but also taking extra care of local specificities (markets, products, jurisdictions).

• Develop and improve tools used by the desk for pricing and analyzing positions

• Understand the main features of the XVA exposures in the region through different angles and be able to monitor and analyze it when required, as well as participate in the desk's global projects (methodologies and platform improvements).

• Analyze scarce resources for the APAC platform, RWA, liquidity, balance sheet.

Responsibilities

Within Global Markets, the mandate of the XVA desk is primarily to:

• Price the cost of resources for new derivatives: counterparty risk, funding, capital
• Risk manage XVA in order to minimize P&L volatility

This is a transversal desk within GM, with opportunities to work on various products, markets, clients and with daily interactions with several teams (structuring, trading, sales).

The desk focuses on a wide range of topics: counterparty risk, funding, margins (CSA collateral, regulatory and CCP initial margins), and regulatory capital (RWA) and the XVA book is an exotic book with complex hybrid dynamics.

Candidate's responsibilities

• Support pricing at origination of new trades, mainly fixed income business (rates, fx, credit) both linear and exotic, that have an embedded counterparty risk, liquidity or capital component, with typically clients such as corporates, or financial institutions with non-standard CSA. This will be done in conjunction with the head office in Paris following global methodologies but also taking extra care of local specificities (markets, products, jurisdictions).

• Develop and improve tools used by the desk for pricing and analyzing positions

• Understand the main features of the XVA exposures in the region through different angles and be able to monitor and analyze it when required, as well as participate in the desk's global projects (methodologies and platform improvements).

• Analyze scarce resources for the APAC platform, RWA, liquidity, balance sheet.

Location

Tokyo

About Us

Ranked among the world's largest asset managers with more than 1 trillion euros in assets under management1, Natixis Investment Managers (Natixis IM) delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance.

The firm partners with clients - institutional investors, investment funds, companies and individuals - in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals.

Natixis IM's multi-affiliate approach connects clients to the independent thinking and focused expertise of around twenty active management companies.

Natixis Investment Managers International (Natixis IMI) is Natixis IM's main management company in Europe and brings together 3 activities:

• The distribution activities in France of Natixis IM's asset management offer;

• The "Solutions" management hub, which aims to deliver innovative offers with high added value built mainly from the management expertise of Natixis IM's various affiliates;

• A platform serving as a center of expertise for distribution activities and affiliates.

Natixis IMI aims to further develop its presence in France and internationally, drawing on the expertise of its teams and Natixis IM's multi-affiliate model.

1 Assets under management ("AUM") as of December 30, 2022.

At Natixis IM et Natixis IMI, we continuously work to create an environment that promotes diversity and inclusion in all its forms, across gender, race, religion, sexual orientation, disability, ethnicity and background. We believe this creates equal opportunities for our employees - and better outcomes for our clients and communities. We are committed to finding reasonable adjustments for candidates during our recruitment process. Please let us know if there are any changes, we could make to the application process to make it easier and more comfortable for you.