Company Purpose:
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Our employer promise is built around three pillars:
• Being a great place to work.
• Committed to sustainability and having a positive impact.
• Being dedicated to the development of our people.
Business Area
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 organizations.
Global Markets has the scale and reach to conduct business anywhere in the world and deliver products denominated in almost all of the world’s currencies. Their global network comprises more than 3,000 professionals working on our six main trading floors in London, Hong Kong, New York, Paris, Singapore and Tokyo. They are supported by regional offices throughout Europe, the Americas, Middle East and Asia-Pacific.
Job Purpose
The role is designed to support the Graduate in developing skills and experience in Global Markets Lab activities.
Key Responsibilities
- Intermediate/ developing professional accountable for the delivery of often complex but routine activities within the Data and AI Lab research team within Global Markets at BNP Paribas.
- Develops and adapts existing AI/Machine learning methodologies, such as:
- Features engineering
- Model calibration/fine-tuning
- Loss engineering
In order to improve the performance of relevant models or adapt them to a new type of inputs.
- Works under own initiative and is beginning to support other more junior staff within the team with tasks.
- Maintains open communication with the team and direct line management to fulfil firm notification requirements and pass on client concerns.
Requirements
- Professional qualification and education in Machine Learning, Mathematics, Statistics, Physics, Engineering or Finance / Econometrics at a Master's level or a PhD in another science or engineering field, with an interest in data science is required with some additional work experience where relevant.
- Knowledge of quantitative finance and options (knowledge of stochastic calculus and structured/exotic derivatives is advantageous but not required).
- Displays dedication & prioritises problems by considering the impact on the business; identifies quick-wins.
- Excellent business relationship management and development skills.
- Effective communicator who can deliver complex and clear information or messages, both oral and written.
- Experience in using financial information systems - e.g. Bloomberg and in-house risk/pricing tools.
- Strong programming skills especially in Python but an additional programming language is a plus (e.g. SQL, C++, Java, R or other equivalent).
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.
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).
PLEASE NOTE
- You may only apply for one Graduate Programme per academic year (Quant, Global Markets, Technology, Global Banking or Transactional Banking).
- Successful candidates for this Graduate Programme will be considered for this specific Global Markets Quant Graduate Associate Programme ONLY.
- Successful candidates for this Graduate Programme will be considered for London ONLY.
A bit more about why you should join us
1. We’re a great place to work
We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile).
We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:
- Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
- Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
- Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
- Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
- Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.
* Subject to relevant caps
2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.
For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.
But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.
3. We believe in our people
We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.
We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.
Investing in our people also means we have a collaborative and inclusive culture:
- Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
- Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
- Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.
Equal Opportunities
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments
We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.
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