XVA Quant (Model Integrity and Control)

## Opportunity Review: XVA Quant - Shape the Future of Trading and Risk

This XVA Quant role presents a compelling opportunity for driven quantitative professionals to make a significant impact within a leading investment banking environment. At its core, this position is about **challenging and enhancing the very models that underpin critical trading and risk management functions**. If you thrive on intellectual rigor, possess a deep understanding of financial mathematics, and are passionate about driving innovation, this role warrants serious consideration for your career trajectory.

Key Advantages for Aspiring Candidates:

• Direct Impact on Core Models: You will be at the forefront of 1st line challenge to current XVA (CVA, DVA, FVA) models. This means actively assessing model assumptions, limitations, and their real-world impact, directly influencing how the business manages risk and pursues trading objectives.
• Focus on Improvement and Automation: The role emphasizes increasing testing coverage and automation. This is a fantastic opportunity to leverage your programming skills to build more robust, efficient, and scalable solutions, moving beyond manual processes and driving best-in-class practices.
• Cross-Functional Collaboration: You will be an integral part of a collaborative ecosystem, working closely with quant developers, validators, and key stakeholders across the entire model lifecycle. This exposure fosters a holistic understanding of the business and allows for the synergistic development of solutions.
• Career Growth in a Dynamic Environment: The description highlights the opportunity to design, develop, and evolve trading, risk management, and other platforms. This indicates a forward-looking organization committed to continuous improvement and technological advancement, offering ample room for professional development.
• Exposure to Strategic Initiatives: The role requires engagement with risk and controls, change and transformation, business acumen, strategic thinking, and digital and technology. This broad exposure will equip you with a comprehensive understanding of the business and enhance your strategic thinking capabilities.
• Leadership and Influence (Assistant Vice President Level): For those at the Assistant Vice President level, the opportunity extends to advising and influencing decision-making, contributing to policy development, and leading teams. This signifies a clear path for leadership development and the chance to shape organizational direction.

Key Considerations for Your Career Path:

• Academic Foundation: A strong academic background is essential, with a PhD or Master's degree in financial mathematics, Mathematics, or Physics being a prerequisite. This underscores the technical depth required for success.
• Practical Model Experience: Prior experience in developing and/or implementing XVA models is crucial. Candidates should be prepared to demonstrate their practical knowledge and problem-solving skills in this specific domain.
• Technical Proficiency: Solid programming skills, particularly in Python and/or C++, are non-negotiable. The ability to translate complex quantitative concepts into efficient code is paramount for automation and development.
• Attention to Detail and Communication: The emphasis on exceptional precision, attention to detail, and excellent oral and written communication skills highlights the importance of accuracy and the ability to articulate complex ideas clearly to diverse audiences.
• Professional Integrity: The expectation of best-in-class professional integrity is a core value. Candidates should embody ethical conduct and a commitment to doing what is right.
• Adaptability and Continuous Learning: The financial landscape is constantly evolving. Staying updated on technological advancements and industry trends will be key to excelling in this role and driving innovation.
• Leadership Aspirations (AVP): If targeting the AVP level, be prepared to showcase your ability to lead teams, set objectives, coach individuals, and foster a positive and high-performing work environment. The described LEAD behaviours (Listen, Energise, Align, Develop) provide a clear framework for leadership expectations.

This XVA Quant role is ideal for individuals who are not only technically adept but also possess a strategic mindset and a passion for continuous improvement. It offers a dynamic environment where you can hone your quantitative skills, contribute to critical business functions, and advance your career within a reputable financial institution.