BUSINESS OVERVIEW:
BNP Paribas' Global Banking division sits within Corporate & Institutional Banking ("CIB") and supports our clients by providing strategic financial advisory services alongside access to a broad spectrum of financing, capital markets and transaction banking services. We combine our global expertise and local presence to best support the complex needs of our multinational clients.
One of the key pillars of Global Banking is Global Capital Markets ("GCM"), which is where the Leveraged Financed Group ("LFG") sits. LFG's mandate is to structure, originate, underwrite and execute deals in the leveraged capital markets in support of both financial sponsors and corporate issuers. LFG's capabilities include 1) underwriting leveraged loans and high yield bonds, 2) structuring leveraged buyouts ("LBO") and corporate M&A acquisition financings, 3) liability management and 4) capital structure advisory for non-investment grade issuers.
LFG works extremely closely with a number of partner teams (including M&A and Sector Industry Groups, Client Coverage, Syndicate, Ratings Advisory, Risk) across North America, EMEA and APAC in providing comprehensive client servicing to sponsors and corporates alike.
DESCRIPTION:
Our MBA summer internship represents an excellent opportunity for MBA students to join an established yet growing leveraged finance platform while developing a core skill set of deep credit capital markets analysis and have the opportunity to contribute meaningfully to a team with a flat hierarchy and direct access to senior bankers.
As a full member of the team, the MBA summer interns will have the opportunity to work closely with analysts, senior associates, VPs and above with the benefit of an intensive on-the-job technical and professional training, and to participate and contribute across all parts in the transaction lifecycle. The responsibilities include the following:
- Knowledge of the leveraged debt capital markets and current market conditions
- Advanced financial statement analysis and cash flow projection modeling
- Fundamental credit analysis and related due diligence to identify significant business, industry and financial strengths and risks
- Knowledge of the life cycle of a deal from structuring/modeling, development of the credit proposal for internal credit and capital markets committees, development of marketing
WHAT YOU WILL NEED
Our internship programs are a springboard for college students to launch their careers through exciting and intellectually stimulating opportunities.
They are highly driven, intellectually stimulating, and crafted to build your real-world capabilities. To succeed amongst our teams, we look for those with a strong academic story, sharp analytical skills, and the ability to articulate ideas well, to clients and colleagues alike.
- MBA Graduation year of Winter 2025 – Spring 2026
- Previous experience in banking, financial services or quantitative/analytical background preferred
- Strong grasp of accounting and financial statement analysis
- Excellent verbal and written communication skills
- Proficient knowledge of excel and financial modeling
- Proactive, self-starter and goal-oriented- strong worth ethic and demonstrated commitment to excellence
- Ability to handle multiple high priority responsibilities under tight deadlines
- Strong team player with ability to work collaboratively in a team environment
WHAT DOES A SUMMER 2025 INTERNSHIP WITH BNP PARIBAS LOOK LIKE?
At BNP Paribas, our people are our greatest asset, and we are committed to helping you grow from day one. The internship program is our primary source for hiring early talent into the Bank, providing you with the network and resources you need to build a successful career.
Over 10 weeks, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience. Whichever area you are placed in, you will join a team of award-winning specialists in a dynamic, collaborative environment. Through the program, interns have a distinct opportunity to gain guidance from mentors and exposure to senior leaders within the Bank.
As an Intern, you will:
- Engage in an initial induction training that will set you up to succeed, and allow you to network with your intern class across all business divisions
- Complete technical projects and collaborate with colleagues across the Bank, gaining exposure to real work in order to identify your skills and explore where your interests align
- Participate in weekly senior speaker events and roundtable discussions to gain a comprehensive understanding of financial markets and the industry
- Network with colleagues and learn about industry topics through workshops and speaker series, as well as through philanthropy and social events
ABOUT BNP PARIBAS
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
COMPENSATION:
The annualized base salary for this position in New York is $175,000
EQUAL CHANCES & OPPORTUNITIES FOR ALL:
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
