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 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. 

Job Purpose 

Purpose: As an intern in the Public Side Global Macro Structuring team, the role holder will be accountable for providing support to more senior team members on routine tasks related to the structuring activity carried out in the team. They are expected to develop technical expertise and experience with creating and marketing relevant products through their work with more experienced colleagues.

Scope: EMEA

Key Responsibilities

• 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.

Requirements

Essential

• Technical and broad understanding related to Fixed Income & FX markets required
• Python programming experience 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
• 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.

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 to four Long Term Internships over the course of a year. These may be across any business area. 
• Successful candidates for this long term internship will be considered for London ONLY.
• Please discuss the available start dates with your interviewers.

Unsuccessful candidates’ CVs will be shared with other teams within BNP Paribas and considered for potentially suitable roles. In this way we hope to maximise opportunities for candidates and hiring teams. By submitting your CV for this role you agree to it being shared securely with other hiring teams within BNP Paribas for the relevant recruitment round.

Location: London

Duration: 12 months 

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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