London - 2025 Long Term Internship - Global Macro Cross-Asset Structuring

London, England, United Kingdom

12/9/2024

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.

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.

Global Macro offers full spectrum of products across FX, Rates and Commodities in both developed and emerging markets. From millisecond electronic trading supported by the most advanced AI platforms, through to analogue risk transfer and bespoke solutions to Macro problems.

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 Of Role

Accountable as an entry level professional within the Public Side Global Macro Structuring team, responsible for providing routine support through the completion of non-complex, transaction-oriented tasks, including assisting with:

• Participating in the end-to-end marketing process (working with appropriate GM teams), as well as in ad hoc solutions execution support.
• Contributing to the development of new products and solutions; learning how to market, price and execute such products and solutions
• Preparing and distributing periodic press and news articles on topics of particular interest to the team.
• Utilises knowledge in the team to understand technical concepts relevant to their team and develops personal understanding of products.
• Applies technical knowledge and best practice to all activities and helps to identify potential process improvements to ensure the efficiency and effectiveness of the support provided both personally and the team.
• Continues to develop basic skills related to the role and the wider team, operating under the supervision of more senior staff. Builds strong internal working relationships within the team and other relevant teams to support work and development.
• Works primarily on tasks that require limited guidance under own initiative, but with readily available supervision. May also be required to support with other more complex tasks with suitable guidance.
• Accurately completes tasks with attention to detail, and succinctly delivers information to team members to support their work. Will also complete tasks in a timely manner.
• At all times complies with applicable legal and regulatory requirements.
  
  

Essential

EXPERIENCE, QUALIFICATIONS & COMPETENCIES

• Technical and broad understanding related to Local Markets, FX and Commodities required.
• Capacity and willingness to continue to develop specific technical knowledge of products.
• Capable of prioritising workload based on shifting business needs.
• Strong team player with cross-cultural awareness, capable of working well with colleagues from a range of backgrounds.
• Good written and oral language skills. Strong focus on accuracy and attention to detail.
• Skilled in the use of a range of standard computer software, e.g., Microsoft PowerPoint, Excel (VBA/ Macro Level) and Word.
  
  

Preferred

• Experience in using financial information systems and in-house risk / pricing tools.
• Python programming experience preferred.
• University degree or comparable qualification / business experience.
  
  

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: 6-11 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.