{"id":2088562,"url":"https://alion.io/job/desjardins-xva-trader-derivatives","title":"XVA Trader, Derivatives","company":{"id":8073,"name":"Desjardins","domain":"desjardins.com","url":"https://alion.io/company/desjardins","size_band":"5000+","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"A","score":86,"open_postings":21,"ghost_share":0,"stale_share":0.762,"repost_share":0,"time_to_fill_p50_days":16,"computed_at":"2026-10-21T05:46:15Z"}},"role":"Finance","role_family":"Finance","seniority":"senior","employment_type":"full_time","work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Montreal, Canada","Toronto, Canada"],"countries":["CA"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":57000,"max_usd":99000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":390},"experience_years_min":5,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"NumPy","optional":false},{"name":"Pandas","optional":false},{"name":"Python","optional":false},{"name":"SciPy","optional":false},{"name":"SQL","optional":false}],"status":"live","first_seen_at":"2026-10-08T13:27:55Z","employer_posted_date":"2026-10-08","last_verified_at":"2026-10-21T22:31:11Z","board_verified":true,"closed_at":null,"days_open":13,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":13},"description":"As part of the continued growth of its over-the-counter (OTC) derivatives business, Desjardins Capital Markets is seeking a highly motivated professional with a passion for financial markets, derivatives, risk management, and innovative quantitative solutions. Based in either Montréal or Toronto, you will contribute to the development and management of XVA activities related to interest rate, foreign exchange and equity derivatives portfolios. Depending on your experience and background, this position may be offered at either the Vice President or Director level. In this role, you will be responsible for the pricing and management of valuation adjustments associated with counterparty credit risk, funding, collateral, and regulatory capital for OTC derivatives transactions. You will also play a key role in designing and executing hedging strategies aimed at optimizing the risk-return profile of the XVA portfolio. You will work closely with trading, sales, risk management, finance, and quantitative development teams to support business growth while maintaining the highest standards of governance, risk management, and regulatory compliance. This role offers a unique opportunity to contribute to the evolution of a growing derivatives platform, influence strategic decisions related to risk, capital, and funding, and work at the intersection of financial markets, quantitative analytics, and technological innovation. More specifically, you will be required to :\nPricing and Transaction Support\nPrice and analyze valuation adjustments applicable to derivatives transactions, including CVA, FVA, ColVA, MVA, and capital-related adjustments.\nAssess the economic impact of new transactions, considering counterparty credit risk, funding costs, collateral, initial margin, liquidity, and regulatory capital requirements.\nProvide timely XVA pricing to sales teams and advise stakeholders on appropriate transaction structuring solutions.\nParticipate in discussions with clients and counterparties when XVA expertise is required.\nRisk Management and Portfolio Optimization\nManage risks associated with XVA portfolios, including market and credit risks.\nAnalyze sensitivities, trading results (P&L), and risk exposures to identify key performance drivers.\nDesign and implement hedging strategies aimed at reducing the volatility of valuation adjustments.\nContribute to the management of credit spread risk, jump-to-default risk, and wrong-way risk.\nCapital, Funding, and Collateral Management\nAnalyze the impact of derivatives portfolios on funding, liquidity, initial margin, and regulatory capital.\nCollaborate with Treasury, Finance, and Risk Management teams to optimize regulatory capital, funding costs, and collateral utilization.\nContribute to portfolio optimization initiatives, including compression, novation, clearing, and collateralization strategies.\nSupport the development of methodologies that appropriately incorporate funding, capital, and collateral costs into transaction pricing.\nModels, Analytics, and Governance\nParticipate in the development and enhancement of models, methodologies, and tools used for XVA pricing and risk management.\nPartner with quantitative and technology teams to improve pricing, simulation, hedging, and reporting capabilities.\nContribute to governance, validation, and continuous improvement initiatives supporting the XVA desk.\nStay current on regulatory developments, market best practices, and innovations related to valuation adjustments, counterparty risk, and regulatory capital.\nWhat we offer*\nCompetitive salary and annual bonus\n4 weeks of flexible vacation starting in the first year\nDefined benefit pension plan that provides predictable, stable income throughout retirement\nGroup insurance including telemedicine\nReimbursement of health and wellness expenses and telework equipment\n*Benefits apply based on eligibility criteria.\n#LI-Hybrid, #ON11\nWhat you bring to the table\nMaster's degree in Financial Engineering, Mathematics, Physics, Statistics, Economics, Computer Science, or another relevant quantitative discipline\nA minimum of five to ten years of relevant experience\nPlease note that other combinations of qualifications and relevant experience may be considered\nExperience with the Murex platform \nProfessional certification such as CFA, FRM, PRM, CQF, or equivalent\nStrong communication skills in both French and English, both oral and written due to the nature of the duties or work tools or because the position involves interactions with english-speaking partners, members and/or clients\nStrong knowledge of OTC derivatives valuation and pricing\nAdvanced knowledge of XVA pricing methodologies, including CVA, FVA, KVA, ColVA, and MVA\nKnowledge of regulatory capital frameworks, including SA-CCR and BA-CVA/SA-CVA\nAdvanced knowledge of statistics, numerical methods, and simulation models\nKnowledge of artificial intelligence tools and the ability to use them effectively and responsibly to enhance data analysis, process automation, and productivity\nProficiency in quantitative programming tools and libraries such as Python, NumPy, and SciPy\nKnowledge with data management and analytics tools, including SQL Server and Pandas\nAction oriented, Complexity, Customer Focus, Decision quality, Differences, Nimble learning, Resilient, Strategic mindsetEquity, Diversity, Inclusion and Accessibility\nAt Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.\nIf there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!\nTrade Union (If applicable)\nJob Family\nGeneral finance and accounting (FG)Unposting Date\n2026-10-22","description_format":"text","description_chars":6121,"description_truncated":false,"requirements":{"experience_years_min":5,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"master","optional":false},"security_clearance":false,"languages":[{"language":"French","level":"All levels","optional":false},{"language":"English","level":"All levels","optional":false}]},"benefits":["Equity"],"hiring_locations":[{"name":"Canada","iso":"CA","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Wealth Management & Financial Advisors","Property & Casualty Insurance","Credit Unions & Cooperative Banks","Life Insurance & Annuities"],"lifecycle":[{"event":"open","at":"2026-10-08T13:27:55Z"}],"visa":[],"liveness":{"score":43,"band":"fade","label":"Fading","p_open":1,"p_active":0.574,"p_room":0.75,"age_days":12,"expected_fill_days":16,"reasons":["conf:5","stale_co","velocity","win:late","comp:brand"],"computed_at":"2026-10-21T05:46:15Z"},"pay":null,"html_url":"https://alion.io/job/desjardins-xva-trader-derivatives","json_url":"https://alion.io/job/desjardins-xva-trader-derivatives.json","meta":{"generated_at":"2026-10-21T22:58:26Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":32675,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-22T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":8073},"rest":"https://alion.io/mcp/rest/get_company?id=8073"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fdesjardins-xva-trader-derivatives"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fdesjardins-xva-trader-derivatives"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fdesjardins-xva-trader-derivatives"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/desjardins-xva-trader-derivatives\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fdesjardins-xva-trader-derivatives"}]}