Global Banking & Markets - Public - New York - Analyst - CVA Trading New York · · Analyst

Goldman Sachs Bank AG; New York (NY); On-site; USD 110,000 - 125,000; Full time

Job summary

An established industry player is seeking an Analyst for their Macro CVA trading desk in New York. This role involves pricing and managing a diverse portfolio of credit and funding risk associated with derivative transactions. Candidates will engage in evaluating credit risk, staying abreast of market trends, and collaborating with various teams to enhance business operations. Ideal candidates will possess strong analytical skills, attention to detail, and a keen interest in financial markets. This position offers a dynamic environment where your insights will directly impact trading strategies and business growth.

Qualifications

• Keen interest in markets and attention to detail.
• Independent thinker with strong problem-solving ability.

Responsibilities

• Work with CVA traders for credit due diligence and pricing of derivatives.
• Monitor counterparty credit for larger risk positions.

Skills

Attention to detail

Problem-solving

Inter-personal skills

Communication skills

Job description

Global Banking & Markets - Public - New York - Analyst - CVA Trading location_on New York, New York, United States

Opportunity Overview sitemap_outline CORPORATE TITLE Analyst language OFFICE LOCATION(S) New York assignment JOB FUNCTION Trading account_balance DIVISION Global Banking & Markets monetization_on SALARY RANGE USD 110,000 - 125,000

Team Overview and Job Description

The Macro CVA trading desk is responsible for pricing and managing a large and global portfolio of credit risk and funding risk for the Interest Rate Products and Currencies Businesses arising from derivative transactions. Credit exposures span across high quality IG credits to in-bankruptcy situations. On a day-to-day basis, team members will be expected to evaluate and price credit risk, funding risk and return on capital on derivatives transactions, stay connected with market events across interest rates, currencies and credit markets, and work with the wider team to build and expand the overall business.

Job Responsibilities

• Work with other CVA traders, Investment banking coverage, and strats for credit due diligence, structuring, negotiating and pricing of derivative transactions
• Summarize key risks from derivative transactions
• Understanding trends in credit / rates / FX markets
• Ongoing monitoring of counterparty credit for larger risk positions and weaker credits
• Create risks summary and hedge ideas
• Trading hedge ideas across credit, interest rate and fx products

Qualifications

• Keen interest in markets and attention to detail
• Independent thinker with strong problem-solving ability
• Good inter-personal skills and communication skills
• Track record of achievement

Salary Range
The expected base salary for this New York, New York, United States-based position is $110000-$125000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.