London - Long Term Internship 2018 - Valuation Analyst

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.

THE ROLE

Valuation & Risk Control (V&RC) is part of a global team (Capital Market V&RC) with hubs in Europe, Asia and America. Keys responsibilities of the group include IPV, risk reporting and mandate monitoring. We are looking to hire an Intern to work in Valuation & Risk Control with a focus on Commodity Derivatives.

Length of the internship: 6 months (extendable to 11 months max within BNP Paribas group).

KEY RESPONSIBILITIES

•       Performing the independent price verification (IPV) on daily and monthly basis. Contributing to consensus derivatives pricing services using our internal prices, looking at the quality of the independent market data and challenging when necessary. Understanding the marking methodology of the group to better test independently our marks.

•       Produce accurate daily and monthly reports highlighting coverage, risk, independent market data quality and IPV results.

•       Assist the team in the Valuations and Risk Control projects.

•       Developing and improving processes developed in Excel/VBA

•       The intern needs to keep a fresh eye on his reports, understand the processes and own the existing tools to then be able to work on improving the processes in Excel/VBA.

•       Able to interact with various groups within BNP Paribas: Quant Research, Risk Management, Front-Office, IT, and Financial Control

Skills and Experience

•       Must be proficient in Excel. VBA is a plus

•       Fluent in English

Competencies

 •      Attention to details is essential especially while working under tight deadlines.

•       Keen to learn about commodities and derivatives pricing

•       Team player, enthusiastic and always self-motivated.

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 26TH NOVEMBER