BANK OVERVIEW:
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, 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.
BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.
BUSINESS AREA / DEPT OVERVIEW:
BNP Paribas’ Global Markets business offers a broad range of products and services in the global interest rates, credit, currency, equities & commodity markets. Global Markets help their franchise of clients find effective ways to raise and invest capital as well as manage their exposure to risk. Their client base comprises of hundreds of corporations, institutional investors, banks, governments and supranational organisations.
The combined Primary and Credit business enables the realisation of synergies while maintaining strict boundaries between the public and private sides. Global Credit provides solutions to clients throughout the entire credit continuum from origination through execution to secondary market trading and post trade services.
The Structured Credit desk provides market access to clients requiring exposure to/or hedging of credit risks through a broad variety of structured products, ranging from single name structures to more complex portfolio transactions such as CLNs, CDOs, FTDs, AMC & CMDC’s etc.
Developing and structuring complex volatility products and derivatives to meet the investment objectives of our clients and the organisation. The team proactively identifying new business opportunities and develop potential solutions.
KEY RESPONSIBILITIES
- Participate in the day-to-day business of the team, which consists in answering to internal stakeholder’s requests/needs in terms of Structured Credit products & solutions and creating value for the bank.
- Participate in the regular computation and dissemination of pricing runs.
- Work on developing forefront product concepts/trade ideas/client driven solutions.
- Developing Drafting & reviewing term sheets and conducting scenario analysis.
- Work actively with the team and trading on the modelling and pricing of these structured products.
- Improve the team’s efficiency through automation where relevant.
- Help with the team’s reporting requirements.
EXPERIENCE, QUALIFICATIONS & COMPETENCIES
Essential
- Prior knowledge of financial markets.
- Finance, Economics or Engineering background.
- Coding ability.
- Required to demonstrate and apply the listed skills and competences at good level.
- Delivers tasks fully completed on time, based on objectives fixed.
- Passion, tenacity and resilience in an ever changing environment.
- Team player & cross cultural awareness - Works effectively in a team. Collaborates and shares information and solutions with colleagues, with other teams and stakeholders.
- Attention to detail / rigour.
Preferred
- Prior experience in a structuring or trading role (within a structured/exotic desk).
- Proactivity – actively identifies different types of development plans and is able to adjust and implement new practices accordingly.
CONDUCT
- Be a role model, supporting and fostering a culture of good conduct.
- Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks.
- Consider the implications of your actions on colleagues.
Duration: 6 months
Salary: Competitive
Location: London
PLEASE NOTE
- You may only apply for up to 4 long term internships per recruitment year.
- Successful candidates for this long term internship must be based in London from the start of their role.
- Please discuss the available March 2025 start dates with your interviewers.
