London - 2019 - Long Term Internship - Valuation & Risk Control

Long Term Internship

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.

Within BNP Paribas CIB, Valuation & Risk Control in Commodity Derivatives is a part of ITO/Capital Markets, and in charge of:

  • 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 and even in C# if the candidate knows .Net
  • 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 and even in C# if the candidate knows      .Net
  • Able to interact with various      groups within BNP Paribas: Quant Research, Risk Management, Front-Office,      IT, and Financial Control
  • This internship is a great      opportunity for a first experience in market finance and understand the      control framework, risk systems and trading franchise

Locations: London

Salary: Competitive

Start Date: September 2019