Job Description
Job Description
Join a high-impact XVA & Structuring Middle Office supporting front office trading and structuring teams across derivatives and financing products. This role sits at the core of the XVA value chain, ensuring accurate trade capture, risk representation, valuation alignment, and lifecycle integrity across CVA, FVA, MVA, and related adjustments.You will operate in close partnership with XVA Trading, Structuring, Quantitative Analytics, Risk, Technology and Product Control, providing critical oversight, control, and insight to enable profitable, well-controlled, and scalable XVA activity.
Are you someone who has an interest or experience in:
- Supporting trading desks by ensuring seamless execution and lifecycle management of client and internal transactions
- Identifying, analysing, and resolving trade breaks, valuation discrepancies, and operational issues in a timely manner
- Engaging with internal stakeholders and, where required, clients to resolve trade-related queries and escalations
- Analysing trade flows and improving operational accuracy, efficiency, and control effectiveness
- Understanding global market dynamics and their impact on trading activity and desk risk profiles
- Driving process improvements, automation initiatives, and scalable operating models across trading support functions
- Maintaining robust risk and control frameworks, ensuring adherence to regulatory and internal governance standards
- Performing and interpreting P&L attribution and valuation drivers for trading books
- Supporting new product onboarding, structuring initiatives, and system/process enhancements
- Developing an understanding of the risk profile of the trading book, ensuring accurate trade capture and risk representation
- Monitoring trading activity, proactively identifying issues, and escalating where necessary to ensure timely resolution
You Will Be An Ideal Candidate If You Have:
- Honours Degree in Finance, Mathematics, Engineering, or a related quantitative discipline
- Professional certifications such as CFA, FRM, or CQF would be advantageous
- 3 – 5 years’ relevant experience in Middle Office, Product Control, XVA support, or Markets Operations within a global markets environment
- Working knowledge of derivatives, valuation methodologies, and counterparty/XVA risk concepts
- Strong analytical capability with the ability to interpret P&L, valuation movements, and risk sensitivities
- Experience working with Trading Platforms such as Murex or Front Arena
- Exposure to XVA frameworks, collateral management, and exposure modelling is advantageous
- Advanced Excel skills; knowledge of SQL, Python, or VBA beneficial for automation and data analysis
- Ability to engage effectively with trading, structuring, quant, risk, and technology teams
- Strong communication skills with the ability to translate complex technical and quantitative concepts into clear, actionable insights
- High attention to detail, strong ownership mindset, and ability to perform in a fast-paced, front-office-facing environment
You will have access to:
- Opportunities to network and collaborate
- Challenging work
- Opportunities to innovate
We can be a match if you are:
- Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough
- Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it
- Love putting our clients at the forefront of what you do
Are you interested to take the step? We look forward to engaging with you further. Apply now!
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Important Closing Date Note
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
02/06/26All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
