Paris - Long Term Internship - FIC - European Sovereigns Associate Intern

Associate intern to European Sovereigns– Official Institutions Coverage

BNP Paribas is a European leader in global banking and financial services and one of the strongest banks in the world. Present across Europe through all its business lines, the Group has four domestic retail banking markets in France, Italy, Belgium and Luxembourg. It has one of the largest international networks with operations in 80 countries and 200,000 employees, including 156,000 in Europe, 15,000 in North America and 13,000 in Asia.

Main Duties and Responsibilities

You will be working in the Paris-based team of the Official Institutional Coverage (OIC) department dedicated to the coverage of Official Institutions: Supranationals Sovereigns, Central Banks and Sovereign Wealth Funds. Within the European bureau, your mission is to support the OIC Senior Banker and Vice-President in charge of developing business relationships with European sovereigns and assist in the building of a strategic policy dialogue with the official sector.

Your mission includes:

-          Daily monitoring of macroeconomic developments in Europe and of market conditions globally;

-          Follow-up of the funding and issuance strategy of European sovereign clients;

-          Active monitoring of developments in the area of sovereign debt management;

-          Participate to the credit process attached to clients by drafting dedicated support memos; 

-          Contribute to the marketing and business support for Senior Bankers in charge of European sovereigns;

-          Draft "Briefing Memos" and support material in view of client meetings or in the broader context of annual events such as that of the IMF April meetings;

-          Contribute to transverse initiatives with the view to promote the OIC sovereign franchise (OIC events, high-level working groups, advisory mandates etc.).

Training/skills

-          Fully fluent in French and in English.

-          Master degree (ideally gap/interim year M1/M2) from University, Institute of Political Studies, Business or Engineering School (majoring in finance, economics or management)

-          Knowledge of banking environment;

-          Good understanding of macroeconomic and international finance issues;

-          Strong intellectual curiosity, in particular interest in policy making, global capital flows and macroeconomic subjects;

-          Capacity to analyse, summarise, write notes in English and draft PowerPoint material;

-          Computer skills: Proficiency in PowerPoint, Word, Excel… Bloomberg would be a plus;

-          Capacity to analyse, summarise, write notes in English targeting the OIC Community;

-          Strong sense of autonomy and priorities.

The OIC department is looking for a long-term intern, for 6-month period.

Region: Paris (France)

Scheme: Long Term Internship

Department: Official Institutions Coverage

Role: Associate intern to European Sovereigns

Starting Date: as soon as possible

Duration: 6 months