London - 2017 Long Term Intern - Structured Credit 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.

About GM & Structured Credit Desk

Global Markets is BNP Paribas’ capital markets business within the Corporate & Institutional Bank (CIB), delivering solutions across asset classes, and industry-leading services for clients including Institutional, corporates, private banks and retail distribution networks.

Global Markets encompasses seven global business lines; G10 Rates, Equity Derivatives, Forex & Local Markets, Commodity Derivatives, Primary & Credit Markets and Prime Solutions & Financing, helping their franchise of clients find effective ways to raise and invest capital as well as manage their exposure to risk.

The Structured Credit Trading business within Global Markets provides market making and idea generation for client trades. Within the business, the suite of products includes the entire range of structured credit products: CLNs, Bonds Repacks, Leverage Notes, Synthetic CDOs, Structured Repos, Credit / IR and FX Hybrids, etc...

What you’ll do

Opportunity to develop a firm understanding of the trading dynamics within the structured credit trading business by:

• Participating to the production and analysis of the desk risk and P/L production and attribution
• Develop a firm understanding of new product development by contributing to the pricing and risk management analysis
• Gain knowledge of the trade lifecycle from booking to settlement by interaction with the business support functions
• Attend relevant regulatory and skill training and keep up to date with market issues

Technical skills and qualification required for the role

• An good understanding of Global Markets businesses and products
• Advanced Excel/VBA/Powerpoint required
• Able to compile and consolidate data, analyse effectively and draw valid and reasonable conclusions
• Strong interpersonal skills - able to communicate proactively and efficiently and adapt communication style to different people
• Exhibits strong character traits in critical thinking and analytical reasoning
• Able to present verbally and in writing in an effective and clear manner
• Ability to identify and understand the potential risks posed by businesses and transactions, including market, legal, reputation, conduct and operational risk
• Very strong problem-solving skills, e.g. capacity to analyse issues, identify solutions and communicate them in an effective manner
• Ability to understand the regulatory environment and the impact of new and coming regulation on the Global Markets business
• Strong mathematical academic background
• Very results driven and delivers high quality, and high impact work
• Team player, with ability and willingness to collaborate across teams and businesses

Conduct

• Be 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

Locations: London

Salary: Competitive

Closing Date: 23rd July 2017