XVA Desk Associate

What is the opportunity?

A Toronto‑based role on RBC’s global XVA Desk, sitting within Treasury Services.

Job Description

The desk manages counterparty‑related risks (CVA, FVA, KVA, ColVA, CTD) across all derivative asset classes worldwide. This role focuses on collateral optimization and XVA pricing in a front‑office trading environment. You will manage day‑to‑day collateral optimisation activities – executing repo, securities lending, and FX trades to minimise funding costs – while pricing and hedging XVA on live client transactions. You will partner with Quants, IT, and other functions to automate workflows and leverage emerging technologies (AI, DLT, tokenisation) that will transform how the desk operates.

What will you do?

• Execute collateral trades across cleared derivatives, non‑cleared derivatives, and futures exchanges (repo, reverse repo, securities lending, spot FX, FX swaps) to deliver cheapest‑to‑deliver (CTD) collat...