The Securities Services business of BNP Paribas is one of Europe's leading providers of custody services for securities.
The Luxembourg branch plays a major part in its operations, offering clients high value-added services extending from custody to securities lending, fund administration, performance measurement and ratings, and bond issuance services.
We are currently looking for a:
Assistant – FX Trader MFOS Trading Desk (M/F)
6 months placement ideally June 2025
(YOU MUST PROVIDE AN INTERNSHIP AGREEMENT THAT COVERS THE WHOLE DURATION OF THE INTERNSHIP)
CONTEXT & ENVIRONEMENT
Your internship will be within the Managed FX and Overlay Solutions (MFOS) department, in the FOREX trading room of BNP Paribas S.A. Luxembourg.
Managed FX and Overlay Solutions (MFOS) objective is to offer BNP’s custody customers specific answers to their needs in managing market, credit and liquidity risks. The main services offered by MFOS Luxembourg are services relating to the FOREX (Foreign exchange) market and Passive Currency Overlay. MFOS thus offers its clients foreign exchange products (spot, foreign exchange swap and forwards) and PCO.
You will be working alongside the FX Trading team under the supervision of the Head of Trading Desk.
YOUR MISSION
Assist Sales-Traders in processing transactions and ensure the "4 eyes" principle in the preparation, administrative processing and follow-up of orders processed by the FX trading desk.
Help to process orders under the best conditions of quality, reliability and deadlines while respecting internal control rules and procedures within BNP and MFOS :
- Segregation of tasks in accordance with internal control rules
- Careful reconciliation of all operations and traceability of operations
- Verification and validation of transactions according to the "4 eyes" principle
- Quality of execution of transactions for customers and counterparties
- Possibility of self-employment within the limit of a defined mandate
Lead / Participate in certain process improvement projects: Analysis, Project management, Implementation, Coordination, etc.
Products concerned: FX products (Spot, FWD and Swaps)
YOUR PROFILE
- Master's degree student from an Engineering school or University (preferably with a Market Finance specialization)
- If possible, have knowledge of:
· Securities & Financial Products businesses (Forex, Money Market, Dealing Services)
· Understanding of risks (market, credit, liquidity and operational)
· Administrative processing of market transactions and understanding of the accounting treatment of market transactions
- French and English mandatory. Any other language is an advantage.
- Excellent knowledge of Excel & VBA and be able to write/manage medium/advanced level Macros.
- Knowledge of computer and information systems used in a trading room is a plus.
- Ability to work in groups and according to the opening hours of European markets.
Discover the different professions within BNP Paribas: Operations Management
Those who work in Operations Management roles are essential to the smooth-running of our Group, and work consistently to satisfaction to our clients and teams. These roles offer stimulating careers that combine efficiency with a strong collaborative spirit.
Find out moreWhy should I apply?
Basically, why would you want to join BNP Paribas over any other company?
BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...
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What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.
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Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.
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At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.