We are looking for

Quant Credit Strategy Trainee

Keywords: Financial Markets, Global Credit, Quantitative Analysis, Innovation, Infrastructure development

About the job

Work with the team located in London in its effort to build a more quantitative infrastructure to support the analysis of sectors/companies/the credit market:

Your Main Activities Are

  • Maintain, enhance, and develop market data infrastructure to support trade idea generation (e.g., analysis of f time series and static data on a variety of products – cash bonds, CDS, indices and CDS indices)
  • Develop tools for data visualization data with the goal to support and enhance the trade idea generation process
  • Automate tools, especially legacy ones (e.g. based on spreadsheets) to free-up workload and workflow from credit strategists
  • Work with quants to ensure data maintenance, reliability and accessibility by making sure all processes are automated and batched appropriately
  • Develop new tools and approach to credit analysis making use of innovative techniques (Machine Learning, web scrapping, sentiment analysis, news flows analysis, document analysis, etc)
  • Build back testing infrastructure with the intent to test a variety on trading signals
  • Drive projects that bring technological innovation to traditional credit research
  • Help with presentations and publications, help with clients, trading and sales requests

Profile and Skills to Success

  • Master degree/PhD in Computer Science, Applied Mathematics, Engineering, Physics or Equivalent
  • Very good knowledge of coding in Python, VBA, BQL, SQL, others may be helpful too
  • Knowledge on data analysis/time series analysis (regression, machine Learning, etc)
  • Strong Analytical quantitative and problem-solving skills
  • Knowledge of finance is a bonus.
  • Interest in data analysis / financial analysis
  • Ability to learn quickly, reliability and capacity to deliver
  • Attention to detail, rigor and ability to raise problems immediately to the broader team when necessary
  •  Good written and oral communication skills in English is a pre-requisite
  • Prior experience in this area is a plus but not mandatory

About the Team 

Within Global Markets, Global Credit is responsible for the primary (new issuance) and secondary trading of corporate (fins and non-fins) debt and related instruments such as CDS, indices, options and structured products. It comprises different roles such as syndicate, debt capital markets, trading, sales, structuring, desk analysts and desk strategists.

The Credit360 team is part of Global Credit and is responsible for the in-depth fundamental credit analysis of corporates and sectors, monitoring of trading risk, generation of trade ideas, marketing of trade ideas and views on the market to institutional investors via regular write-ups

 #LI-Hybrid 

Why joining BNP Paribas? 

· Leading banking institution

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

· Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.

· International reach 

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions: 

  • Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines; 
  • Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services; 
  • Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· Diversity and Inclusion commitment 

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

· Commitment towards work/life balance

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

· Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices. 

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

* Please note that only applications submitted in English will be considered. 

* In case you are selected for this role, further documentation will be requested to support your hiring process.

Interested by our offer? Don't wait any longer!

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Why 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...

  • 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.

  • 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.

  • 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.

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