The bank for a changing world

We are looking for

2020 APAC Summer Intern Programme – Financial Institutions Coverage

Apply REF: COV000203

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 17,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
 
Worldwide, BNP Paribas has a presence in 73 markets with more than 196,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

* excluding partnerships

https://careers.apac.bnpparibas/

Position Purpose


The APAC Summer Internship Programme is a comprehensive 10 week programme (between May/June to July/August 2020) designed to equip penultimate year students with the financial and individual competencies to potentially embark on a successful career within the BNP Paribas Group. This opportunity includes a firm wide orientation, lunch-and-learn series, networking events and on- the- job learning from our senior managers and highly experienced team members.

Responsibilities


Long-term profitable relationships lie at the heart of BNP Paribas CIB’s success. Coverage serves as a relationship manager for all our major multi-product, high potential clients. The team is responsible for having full knowledge of clients, originating deals and mobilizing the appropriate product specialists.

Working closely with other areas of the bank, Coverage seeks to maximize the value of each client relationship by understanding their business goals and needs and identifying opportunities for cross selling from BNP Paribas’ extensive offering.

Structured along regional lines, Financial Institutions Coverage teams focus on large regional/local financial institutions and on foreign financial institutions with presence in the APAC area to deliver to each client the best service from the BNP Paribas Group.

It is expected that the graduate will acquire knowledge/understanding of financial institutions and develop the overall skills set required to successfully contribute to the business. Depending on the team you are working in, your responsibilities may include, but is not limited to, the following tasks:

− Assist the relationship managers in activities for business development and relationship management such as implementation of client action plans, support the product lines, identifying and tracking of new customers and managing existing relationships
− Prepare marketing presentations, relationship summaries, call reports, including research when necessary
− Liaise and coordinate with internal relevant parties in developing cross selling efforts
− Work with the different business lines in developing and generating ideas for product that will benefit our client base with input from our clients, market and competitors.
− Coordination of activities for client on-boarding such as documentation follow up, seeking approval, preparing term sheet
− Support compliance controls e.g. quarterly credit review, AML validation, etc
− Prepare credit memo, information gathering from clients, RFP, greenlight request and RAROC calculation
− Other duties assigned by management as requested


Technical & Behavioral Competencies

• Takes initiative and is results driven
• Strong decision making and analytical skills
• Ability to manage change and complexity with confidence
• Strong team player
• Client focused and commercial thinking
• Excellent interpersonal and communication skills
• Self-motivated and genuine interest in Banking and Finance
• Proficiency in Microsoft office (MS Word, Excel & Power point)
• Prior related internship within the banking industry is an advantage

Technical Skills:

Students who are in the penultimate year of their degree and plan to graduate in 2012/2021 from all areas of disciplines are most welcome to apply. Applications will be reviewed on a rolling basis.

• Second upper and above (ie GPA 3.3/4)
• Takes initiative and is results driven
• Strong decision making and analytical skills
• Act with integrity
• Ability to manage change and complexity with confidence
• Strong team player
• Client focused and commercial thinking
• Excellent interpersonal and communication skills
• Self-motivated and genuine interest in Banking and Finance
• Proficiency in Microsoft office (MS Word, Excel & Power point) * Strong excel  (VBA ) knowledge  with ability to develop macros and pivot tables to enable automation of management reports and analytics
• Prior related internship within the banking industry is an advantage

Primary Location: HK-Hong Kong (HK)-Hong KongJob Type: InternshipJob: MISCELLANEOUSEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: Beginner Behavioural competency: Ability to collaborate / Teamwork, Critical thinking, Ability to deliver / Results driven, AdaptabilityTransversal competency: Ability to understand, explain and support change, Ability to develop others & improve their skills, Analytical Ability