As part of the XVA Trading team, lead the ANZ's CVA framework, trading and risk-management
Guide quantitative model choice, development and model calibration as part of the XVA modelling framework
Reports to the Head of XVA and Analytics
About The Role Role Location: ANZ Singapore – 10 Collyer Quay Ocean Financial Centre Role Type: Permanent, full-time
As the Head of CVA Trading, your role is to contribute to the achievement of the Markets business objectives by providing leadership, management, strategic direction and financial results for all facets of the CVA and XVA Trading activities to meet current and future targets.
Your key priorities and responsibilities include:
Actively manage CVA risk in line within the defined strategy.
Line management responsibilities including supervision, oversight and accountability for desk activities in line regulations and internal governance.
Work closely with Sales, Trading, Quantitative Research, and Enablement and Control functions to ensure accurate pricing, valuation and risk representation of the XVAs in line with best market practices.
Promote collaboration with Sales, Trading, and enablement functions to ensure optimal delivery for customer in line with bank's Risk Appetite.
Lead bank's initiatives and projects to deliver compliance with regulations such as FRTB, Libor Transition.
Engage with sales, trading, and relationship to promote collaboration and ensure understanding of XVA.
Work with product and sales heads to jointly to develop jointly new products and customer solutions
Comply with Model Governance Framework in line with SR 11-7.
Improve Risk Awareness & Risk Culture and ensure limit management and compliance with all internal and external requirements.
Ensure adherence with Markets dealing and distribution mandates, suitability frameworks, governance and conduct policies, processes and standards.
About You To be successful in this role, you will ideally bring the following –
Extensive knowledge of current and future regulatory frameworks. Experience in dealing with regulators and external parties.
Strong understanding of full XVA landscape, with extensive experience across FVA, CVA, Capital, Collateral Valuation, KVAs and MVAs.
Ability to perform independent quantitative research with educational background in quantitative subject ideally at PhD or equivalent level.
Ability to build tools using internal quantitative libraries
Sound understanding of the traditional arbitrage-free valuation theory and modelling as well as its current extensions incorporating XVAs.
Interest and drive in increasing knowledge of AI, Automation, and Algorithmic Trading.
Strong people's skills and experience in working across Front Office, and enablement and negotiating with internal and external stakeholders at all seniority levels.
Experience in independently driving new initiatives and implementing change. Strong customer focus and ability to drive results.
Demonstrated leadership and management skills. Experience with leading trading staff and supporting clients across multiple geographies and time zones.
Demonstrate ANZ Values and Behaviours: Integrity, Collaboration, Accountability, Respect and Excellent.
About ANZ ANZ is a great place to grow. We know our people look to their leaders to understand what is and isn't valued.
Developing a growth mindset is at the heart of our culture. It means we actively encourage people to try new things so we can improve. With effort, we can all learn and grow.
We ask our leaders to practice daily leadership behaviours – things like connecting with empathy, empowering people, growing people selflessly, being curious and creating shared clarity. These are the leadership behaviours we need to transform ANZ. We support our leaders with tools, tips and online coaching.
ANZ recognises the value of an inclusive and diverse work environment. We take pride in the diversity of our people and encourage applications from diverse candidates. Our recruitment decisions are based on the key inherent needs and requirements of each role, and candidates are selected based on their unique strengths and characteristics.
We work flexibly at ANZ. Talk to us and let us know how this role can be flexible for you.
To find out more about working at ANZ or to view other opportunities visit www.anz.com/careers. You may apply for this role by visiting ANZ Careers and search for reference number SIN006626.
Internal Number: 6107734
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