Associate (XVA) for BNP Paribas Securities Corp. in New York, NY. As a member of the cross-valuation adjustment (XVA) desk, will assess the counterparty risk stemming from derivatives contracts, estimate the cost of hedging that risk, and compute the corresponding valuation adjustment. Will analyze the collateralization provisions of derivatives contracts and estimate any corresponding financing costs not included in the valuation models in production. Will implement hedging strategies to mitigate the exposure of the valuation adjustments to market risk factors like interest rates, foreign exchange, and credit spreads. Will estimate the regulatory capital requirements relating to counterparty credit risk for new derivatives transactions. Will monitor the actual regulatory capital requirements for every counterparty and compare them to the estimation done at origination. Will propose improvements to the estimation methodology. Will contribute to the elaboration of the global XVA pricing policy for global markets and propose improvements; provide educational training to FO on the XVA pricing policy. Will review the risks arising from the terms of existing CSAs and participate in the approval process for new agreements for the Americas Region. Will manage day-to-day issues of trading book, P&L review, trade bookings, and new trade fee collection. Will collaborate with the Global XVA team regarding pricing and trading methodologies, best practices, and participation in the weekly team forums. Requires: Bachelor's degree in Finance, Quantitative finance, Mathematics, Physics (willing to accept foreign education equivalent) plus three (3) years of experience in as an Associate (XVA) or related occupation within derivatives in a Trading, Quantitative Research, or Risk management role within an international bank or international financial services organization or, alternatively, a Master's degree in Finance, Quantitative finance, Mathematics, Physics (willing to accept foreign education equivalent) and one (1) year of experience as an Associate (XVA) or related occupation within derivatives in a Trading, Quantitative Research, or Risk management role within an international bank or international financial services organization, including at least . Specific skills/other requirements - Demonstrated Expertise (quantitative experience requirements not applicable to this section): Demonstrated expertise (DE) Supporting daily trading activities of cross-valuation adjustment (XVA) desk; (DE) XVA modelling & pricing, Derivatives pricing, counterparty credit risk management, stochastic calculus, statistical analysis, data mining, and programming; and (DE) Building, updating, managing & using front office pricing & risk management tools. Remote work 1 day per month. Salary: $185,000.00 - $200,000.00. Email cover letter & resume w/ Job Code S680 in subject line to: careers@americas.bnpparibas.com. BNP Paribas is an equal opportunity employer fully committed to workplace diversity.