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
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.
The combined Primary and Credit business enables the realisation of synergies while maintaining strict boundaries between the public and private sides. Global Credit provides solutions to clients throughout the entire credit continuum from origination through execution to secondary market trading and post trade services.
Global credit financing franchise addresses the funding of the full credit collateral spectrum on a secured basis. Offering flexible and comprehensive financing solutions to support client's trading and hedging needs.
Structuring is primarily responsible for being the product managers and business developers for their asset class. They should proactively identify new business opportunities by working with salespeople, sector specialists and by visiting clients to understand client problems and develop potential solutions; understanding market developments and changes (via sales, external intel and clients) and promoting relevant opportunities and solutions; helping to disseminate information about trends and themes to salespeople in other regions. Structuring is responsible for driving TAC and NAC approvals. It is also their role to provide sales with support and training on pricing tools where sales own the pricing responsibility.
- Purpose: As a long-term intern in the Secured Financing 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 relevant products through their work with more experienced colleagues.
- Scope: UK & EMEA
- Participate in the day-to-day business of the team, which consists in answering to internal stakeholder’s requests/needs in terms of Secured Financing products & solutions and creating value for the bank.
- 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.
- Coding and automation focus to industrialize processes and reporting.
- Assisting, under supervision, in drafting of transaction term sheets and confirmations.
- Preparing marketing materials and trade ideas with initial guidance. 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.
Essential
- Relevant professional qualification / equivalent, some experience in Credit financing and appropriate technical product knowledge required.
- Highly IT literate with expertise across coding environments (notably Python and C++) and standard computer software, e.g., Microsoft PowerPoint, Excel (VBA/ Macro Level) and Word.
- Capacity and willingness to develop technical knowledge of Credit financing 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.
- Strong focus on accuracy and attention to detail
- Good written and oral language skills
Preferred
- Finance, Economics or Engineering background.
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).
- 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.
London
11 Months
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.
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.
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.
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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