London – 2018 Long term internship – Opera Trading

WHO WE ARE

BNP Paribas Corporate & Institutional Banking (CIB) is a leading European investment bank with global leadership in many of our businesses. We are part of the BNP Paribas Group, a financial institution with solid foundations and a proven ability to adapt to change. If you are thinking about a career in investment banking, there is no better place to begin your journey than with BNP Paribas CIB. With nearly 30,000 employees in over 55 countries, we can offer you an exciting start to your 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 Asia Pacific offices and we are a committed player in all markets.

DEPARTMENT OVERVIEW

Opera Trading Capital is an investment management company of French Law fully owned by BNP Paribas SA. The company undertakes investment activity own its own accounts across a wide spectrum of asset classes and financial instruments. The company has thought of and set-up in order to conduct proprietary trading activities in compliance with all relevant pieces of regulation (including Volcker Rule and French Banking Law). The company is headquartered in Paris with operating branches in London and Hong Kong.

ROLE RESPONSIBILITIES

The role is about 60% trading assistant and 40% new development/on-going maintenance for European and U.S. proprietary, Market neutral equity trading at Opera Trading Capital. The role itself will involve:

• Booking all trades and managing settlement issues with Middle Office, Back Office, Prime Brokerage, and external counterparties. 
• Developing new spreadsheets and databases to help with the screening, positioning, and trading process on a daily basis. 
• The on-going maintenance part involves daily or less frequent updates to various spreadsheets and databases that help me in my daily trading.
• Ad hoc assistance and analysis of strategies for the PMs

BENEFITS OF THIS POSITION

• Business has been consistently successful and profitable. 
• Part of a larger desk where all the other traders also run consistently successful and profitable business.  
• Opportunity to learn a lot about Market neutral trading strategies, but also other derivative products.

TECHNICAL SKILLS AND QUALIFICATION REQUIRED FOR THE ROLE

• Good facility with Excel and VBA macros
• Keen attention to detail
• Energetic, motivated, and service-oriented
• Enthusiasm and curiosity about markets and trading
• Fluent English, native English not required.

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

Duration: 11 Months

Start date: As soon as possible