Counterparty Risk Trading recruitment
The Counterparty Risk Trading business is a central function that hedges the counterparty credit risk arising from derivatives contracts across the bank. A model-driven reserve for defaults is calculated and held on the balance sheet. The traders seek to hedge out movements in the reserve by trading in a range of products including CDS, IRS, FX options, Commodities and more.Responsibilities:-Preparation of daily PnL for distribution to the front office and other relevant parties including the initial flash PnL and updated formal PnL report.-Validation and maintenance of the Balance Sheet including Read more […]
May 7, 2012
• Tags: Accounting & Finance careers in the UK, Counterparty Risk Trading recruitment • Posted in: Financial • Comments Off on Counterparty Risk Trading recruitment