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
The candidate joins the Global Markets Structuring PRODUCTS team, made up of 15 senior structurers, across Paris, London and Milan, covering all asset classes (with a particular focus on Equity derivatives) for the EMEA region. The team is a GMS (Global Markets Structuring) entity, which is key to the management of the structured products business, in which BNP Paribas is a European leader.
The Cross Asset Structuring Team is responsible for pricing and structuring complex derivatives involving several asset classes, including equities, credit, commodities and rates.
KEY RESPONSIBILITIES OF ROLE
- Support the marketing efforts through product design: pricing, back-testing.
- Create innovative products suited to market conditions and client needs.
- Interact closely with Sales to understand client needs and Trading to determine the pricing parameter for each product.
- Familiarise yourself with the bank's models, and master the pricing tools.
- Understand as many structured products as possible, more or less standardized.
- Respect the processes put in place to limit operational risk.
- Respond in good time to requests for prices sent by Sales.
- Improving the IT tools of the team's daily life.
EXPERIENCE, QUALIFICATIONS & COMPETENCIES
Are you our next structuring assistant?
- You have excellent academic record from top engineering/business university, with a strong preference for a degree in a quantitative subject such as Financial Maths
- You have expertise in Market Finance and Applied Mathematics.
- You are fluent in English and proficient in MS Office, while coding skills are a very welcome plus.
- You are a good communicator, a team-player and have a quantitative mindset.
Finally, we consider very important for the candidate to act on a day-to-day basis with strong professional conduct and ethical standards.
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, partners and clients before making decisions.
- Escalate issues to your manager when unsure.
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 start dates with your interviewers.
