Counterparty Credit Risk Managment: CVA Desk
Interactive

Counterparty Credit Risk Managment: CVA Desk

Intuition Publishing
Updated Aug 26, 2020

The CVA (credit value adjustment) desk absorbs the credit exposures generated across the bank and typically charges for providing this service. Here we examine how and when the CVA desk charges for taking on credit risk, explore the concepts of incremental and marginal CVA, and look at the organizational make-up of the CVA desk.