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Moteur de recherche d'offres d'emploi Crédit Agricole CIB

Trading Assistant (Internship)


Vacancy details

General information

Entity

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2019). Nearly 8,400 employees across Europe, the Americas, Asia-Pacific, the Middle East and North Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
  

Reference

2020-49623  

Publication date

01/07/2020

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Contract type

Internship/Trainee

Term (in months)

12

Job summary

Position is based in: London (U.K.) on the Collateral & Trading Desk

- Implementation of internal transfer pricing mechanisms for GMD scarce resources

- Optimization of scarce resources

- Participating in the development of IT tools, spreadsheets

- Pricing and hedging of MVA and ColVA

- Reporting to management the main driving figures for CA-CIB collateral portfolio

 

Another important part of the role concerns the active management of the collateral portfolio from cleared and non cleared OTC derivatives transactions:

- Manage daily margin calls exchanged with CA-CIB counterparties

- Analyse counterparties portfolio MTM dynamic and CSA contracts to identify possible optimisation

- Define and implement optimisation strategies as well as collateral funding strategies

- Assist CA-CIB commercial division in negotiating CSA terms with the bank clients

- Compute and invoice collateral funding cost to the collateralised transactions owners

- Daily computation and control of the margins exchanged with the CCPs

 

Legal and Regulatory Responsibilities

- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.

- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

 

Position localisation

Geographical area

Europe, United Kingdom

City

London

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

- Mathematical background

Required skills

SPECIAL ROLE REQUIREMENTS:

- Proven trading interest (Repos, Money Markets, FX, IRS, Credit Derivatives)
- Proven risk management interest (credit risk, gap risk, major sensitivities, VaR)
- Proven programming ability (VBA, SQL, others).
- Good work organization and planning; ability to work under time constraints
- Excellent communication skills both oral and written
- Team spirit and ability to interact with all other team members

Technical skills required

- CA-CIB internal systems (GCE, Orchestrade, Murex, Forceps, BLOFI) and external trading platforms (MarkItWire, IceLink)

Languages

English (fluent), French (advantageous)