BNP Paribas Corporate & Institutional Banking - Capital Markets – Debt Markets Internship
BNP Paribas Corporate & Institutional Banking (CIB) is a global provider of financial solutions to corporate and institutional clients. With more than 20.000 people in 57 countries across EMEA (Europe, Middle East and Africa), Asia-Pacific and the Americas, we offer solutions tailored to all our clients across capital markets, financing, treasury and financial advisory.
Business Overview of BNP Paribas Corporate & Institutional Banking - Capital Markets – Debt Markets Internship
Within BNP Paribas’ CIB division, the Debt Markets EMEA team gathers a group of 100+ loan (structured and vanilla) and bond (high grade and high yield) originators located in London, Paris, Frankfurt, Brussels, Milan, Madrid and Lisbon, covering the bank’s core clients in Europe across all economic sectors. Debt Markets EMEA team regroups three main teams: (i) Leveraged Finance Capital Markets (LFCM), (ii) Domestic Debt Markets (DDM), and (iii) Investment Grade Finance (split between DCM and Loan).
The LFCM and DDM teams are responsible for the origination, structuring, underwriting and execution of LBO and Corporate Leveraged financings (LFCM) and integrated financing solutions to midcap and sub-investment grade corporate clients (DDM), respectively. IG Finance team is specialized on investment grade bond and loan financings to large corporates.
In the Milan office, the intern will integrate the platform of juniors supporting the various Debt Markets teams across Origination, Execution and Portfolio Management (the latter with reference to LFCM only). During the internship, the intern will be also exposed to other BNP Paribas teams (M&A, Syndication, Risk Management) across Europe as well as to external partners.
As a full member of the team, working closely with analysts, associates, VPs and directors and with the benefit of an intensive on‐the‐job technical and professional training, the intern will be able to participate and contribute end-to-end to all steps of the transactions:
Client pitches (new acquisitions, refinancing, recap, extension)
Credit analysis on new transactions; including:
Market analysis, understanding the company profile and performance, positioning the target vs. its competitors, contribution to the risk analysis and financial projections modelling;
Internal credit memo write-up, mainly focusing on: company presentation, market overview, group performance, business plan and projections
Take part in the follow-up of exiting transactions / portfolio management:
Update of financial results, ratios calculations and performance analysis
Involvement in annual and quarterly reviews as well as amendment requests
What we expect from you
Education: Master degree in Economics; Master degree in Management Engineering (Specialization in Finance)
Behavioral skills: strong analytical skills and attention to details; good communication and organizational skills; collaborative approach, team spirit and ability to adapt; proactivity and problem solving attitude; strong interpersonal skills.
Technical skills: Fluent English and Italian (written and spoken); solid knowledge of financial analysis; very good skills on PowerPoint and Excel
Prior experience in investment banking is appreciated
Contract type and Remuneration
The offer will be a full time 6-months internship and it is dedicated to all students or recent graduates (twelve or less months after graduation).
The Company provide a monthly monetary contribution.
We kindly ask the candidates to register their profile and submit their resume through the BNP Paribas site at the following address: http://www.bnpparibas.it/it/posizioni-aperte/
In order to better enhance the CV inserted, the application submitted for this announcement could be taken into consideration also for other vacancies, in line with the academic background and professional path achieved so far.
This announcement is addressed to any gender (L. 903/77)