London - 2022 Long Term Internship - Digital Commodities Intern

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 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 1,700 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.

Electronic Commerce and Distribution (eC&D) is driving the digital strategy for Global Markets [GM] and seeks to position the bank as one of the leading and most efficient electronic trading offers available on the market. The team is bringing alignment across all GBLs, streamlining the digital entry points for clients, optimizing market connectivity, and capturing thought leadership and trend-watching to ensure Global Markets remains at the forefront of the latest technology trends.

Key Responsibilities of role

• To help prepare various analysis using Cortex CD data to monitor hit ratios, retention rates, activity statistics, overall external performance etc.
• To help closely monitor blotter activity for live requests/orders for clients. Alert sales when necessary    
• Support with reviewing OBO client list on a regular basis with a view to identify new Cortex eligible clients
• Coordinate with CIT IT desk and other relevant teams to identify, raise and solve Cortex CD issues
• Support with on-boarding clients post demo and support them in completing the set up
• Assist senior e-product specialists with managing clients’  margins, limits, profiles in our internal systems
• Keep marketing support up to date (ie one pagers, brochures, user guide)

Experience, Qualifications & Competencies

Technical competencies

• Market, product & business - Is genuinely interested in financial markets and continually learning and staying abreast of new developments. Evidences a good appreciation of economics and market dynamics, with enough understanding to present views on market conditions and trends
• Numerate – Has a numerate degree, preferably has some data analytics and coding skills as well

 Essential personal skills

• Diligence - Displays dedication and prioritises problems by considering the impact on the business; identifies quick-wins
• Resilience - Stays calm and positive, controls his/her emotions in conflict or any situation of intense stress (due to market, time or client pressure). Ability to undertake a number of issues simultaneously is essential as well as the ability to work under considerable pressure. Passion, tenacity and resilience in an ever changing environment
• Communication (Active listener and clear communicator) - Communicates clearly in both native and English languages. Communicates pro-actively with management, escalating issues as necessary. Effective communicator who can align people to the broader vision for the business whether they are directly managed or simply influenced by the individual in question.
• Innovation - Thinks laterally to identify other sources of useful information and sees ways around obstacles and barriers.

 Skills & Qualifications

• Disciplined attitude to active risk management.
• Ability to work in a team and to contribute with trade idea generation.
• Ability to interact with other desks and with clients.
• Strong academic 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