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. 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.

Assess the economic impact of new transactions, considering counterparty credit risk, funding costs, collateral, initial margin, liquidity, and regulatory capital requirements.

Provide timely XVA pricing to sales teams and advise stakeholders on appropriate transaction structuring solutions.

Risk Management and Portfolio Optimization





Manage risks associated with XVA portfolios, including market and credit risks.

Analyze sensitivities, trading results (P&L;), and risk exposures to identify key performance drivers.

Contribute to the management of credit spread risk, jump-to-default risk, and wrong-way risk.

Analyze the impact of derivatives portfolios on funding, liquidity, initial margin, and regulatory capital.

Collaborate with Treasury, Finance, and Risk Management teams to optimize regulatory capital, funding costs, and collateral utilization.

Participate in the development and enhancement of models, methodologies, and tools used for XVA pricing and risk management.

Contribute to governance, validation, and continuous improvement initiatives supporting the XVA desk.

Stay current on regulatory developments, market best practices, and innovations related to valuation adjustments, counterparty risk, and regulatory capital.

Competitive salary and annual bonus

- 4 weeks of flexible vacation starting in the first year
- Defined benefit pension plan that provides predictable, stable income throughout retirement
- Reimbursement of health and wellness expenses and telework equipment
- Master's degree in Financial Engineering, Mathematics, Physics, Statistics, Economics, Computer Science,



or another relevant quantitative discipline

Qualified certification such as CFA, FRM, PRM, CQF, or equivalent

Strong 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

Knowledge of regulatory capital frameworks, including SA-CCR and BA-CVA/SA-CVA

Knowledge of artificial intelligence tools and the ability to use them effectively and responsibly to enhance data analysis, process automation, and productivity

Proficiency in quantitative programming tools and libraries such as Python, NumPy, and SciPy

Knowledge with data management and analytics tools, including SQL Server and Pandas

Action oriented, Complexity, Customer Focus, Decision quality, Differences, Nimble learning, Resilient, Strategic mindset Equity, Diversity, Inclusion and Accessibility

Equity, Diversity, Inclusion and Accessibility At Desjardins, we believe in equity, diversity and inclusion. We believe our teams should reflect the diversity of the members, clients and communities we serve. If 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. We offer a full range of financial products and services and share our expertise in personal services, business services, wealth management, life and health insurance, and property and casualty insurance.

📌 Sales Trader (M/F) (Montreal)
🏢 Desjardins Group
📍 Montreal