London – Long Term Internship 2018 – Strategy & Risk – Credit

WHO WE ARE

The BNP Paribas Group is a leader in banking and financial services, employing over 200,000 people across 80 countries and 5 continents. BNP Paribas Corporate & Investment Banking (CIB) is a leading European investment bank with global leadership in many of our businesses. BNP Paribas CIB, with nearly 20,000 employees in over 50 countries, can offer you an exciting and truly global career.

At BNP Paribas CIB, we work continuously on behalf of our clients, helping them to realise their projects around the world. You can be an important part of this, helping us to serve our clients both in mature and emerging markets, providing them with financial solutions across a diverse range of expertise, products and services. Our origins lie in Europe but nearly a quarter of our employees now work in our multi-award-winning Asian offices and we are a committed player in all markets.

Strong risk management, combined with the stability that comes from being part of one of the largest banking groups in the world, underpin our success. Joining us, you’ll become an integral part of a dynamic team that spans nationalities, cultures and backgrounds, drawing together people from around the globe and reflecting our commitment to international placements.

DEPARTMENT OVERVIEW

The Strategy & Risk Credit Risk Team Intern works on the Trading floor, managing and assessing counterparty credit risk in support of our OTC Trading and Futures Clearing activities. The successful candidate will liaise with Derivatives Marketers, Bankers, Internal Legal, Collateral Management, Global Risk Management and Compliance amongst others.

KEY RESPONSIBILITIES

• Support marketing activities by analyzing opportunities, articulating appropriate risk appetite and structures
• Monitor mapping and data integrity issues
• Liaise with Legal and Bankers on legal documentation
• Monitor Credit Valuation Adjustments / Capital, Portfolio reviews

CREDIT FUNCTION

• Credit/Transaction Structuring; interface with Marketers and Bankers for Trading Limits & terms
• Prepare Credit Memo for submission with Credit Proposals for approval
• Negotiate Credit Terms and Legal Documents

DESK SUPPORT

• Coordinate overall service delivery to Marketers (Simulate potential future exposure/ Assess credit lines profitability)
• Review the scope of country risks
• Interface between the desk and Coverage

ADMINISTRATIVE

• Preparation of Internal Reports
• Data Analysis
• Respond to Information requests from Management, Bankers, clients etc.
• Monitor and Approve Limit input / modification
• Review the accuracy of automatic feeds in our databases.
• Monitor account openings on the Commodities Futures desk

STRATEGIC

• Special projects, e.g. integration of specific client base within the Bank
• Stay abreast of Product and Regulatory Developments, and Market Trends such as cleared OTC products, CVA calculation, industry standards, insurance, legal standards, etc.

CANDIDATE PROFILE

• Strong interest for Capital Markets and Commodities
• Proficient on Excel and other Ms Office tools
• Team spirit
• Adaptable
• Multi-task capacity
• VBA skills
• Experience in Banking is a plus
• Language skills: English (fluency required), Foreign language (strongly recommended, French German or Italian are a plus)
• Minimum 6 months availability (1 year preferably)

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

LOCATION: LONDON

SALARY COMPETITIVE

CLOSING DATE 24th December 2017