WHO WE ARE
BNP Paribas is a leading bank in Europe with an international reach. It operates in 68 countries and has more than 193,000 employees, including nearly 148,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
As one of the world’s pre-eminent banking groups – and the first ever French bank to set down roots in the UK in 1867 – the breadth and depth of our presence across the country means BNP Paribas is able provide UK companies and investors access to a full global suite of products and solutions in Europe and worldwide. This, combined with our long-term commitment to the UK, is what truly distinguishes BNP Paribas from other international banks operating in the country.
BUSINESS AREA/DEPT OVERVIEW
Corporate Clients Group
Corporate Clients Group internship placements can include Corporate Coverage, UK Advisory and Industry Groups.
Corporate Coverage is the area within the bank that manages all of the interactions between the Bank and its corporate clients and is the gateway of BNP Paribas’ integrated offer. Advisory department offers advisory services for mergers and acquisitions, with expertise in public M&A, defence, valuation, buyside, sellside and private equity M&A. Industry Groups are responsible for the event-driven situations for the entire BNP Paribas product spectrum with a focus on specific sectors of the economy.
Capital Markets
Capital Markets consists of Debt Markets, Equity Capital Markets, Real Estate Finance, Energy, Resources & Infrastructure and Corporate Broking.
Debt Markets provides debt financing for corporate clients as well as for sponsor-led leveraged transactions. This includes acquisition finance (including leveraged buy-outs), loan refinancing, as well as investment grade and high yield debt capital markets. Equity Capital Markets offers equity or equity-linked capital raising activity for corporate clients. Corporate Broking is closely aligned with Equity Capital Markets and acts as BNP Paribas UK listed clients’ prime equity adviser and interface with markets and investors. Real Estate Finance provides financing of commercial real estate transactions through loans to real estate clients (insurance companies, real estate investment trusts, properties companies, pension funds, asset managers). Energy, Resources and Infrastructure provides specialized lending and debt advisory to specific industry sectors: power, energy, metals, mining and infrastructure.
PURPOSE & SCOPE OF ROLE
Our Global Banking Graduate Programme provides the ideal opportunity to gain experience across two key business areas: Capital Markets and Corporate Clients Group. You will be required to complete 2 rotations of 5 months each from each business area. During the rotational Graduate Programme, you will enhance your technical and professional skills, increase your knowledge of Banking and lay the foundations for your future career at BNP Paribas.
KEY RESPONSIBILITIES OF ROLE
Corporate Clients Group
- Exposure to a wide range of clients and projects
- Exposure to the full range of our business areas and product offering
- Develop a knowledge of legal documentation and analyse its strength and
appropriateness - Undertake frequent individual analysis on these clients and submit reports to our
sanctioning bodies - Assist in the origination and execution of transactions
- Assist in conducting industry research and analysis
- Prepare pitch books, presentations and memorandums
- Financial analysis and valuation by developing quantitative models
- Develop understanding across corporate finance /treasury concepts, client needs
and how Bank / Client solutions are created, across all product lines - Provide input into credit papers and work with the Credit Analysis team to ensure
the delivery of papers, in a timely manner - Attend Credit Committees
Capital Markets
- Exposure to wide range of asset types, products and clients
- Prepare pitch books, presentations and memorandums
- Assist in the origination and execution of transactions of equity, term loan, high yield
and mandates - Conduct financial and credit analysis by developing quantitative models
- Prepare market updates for clients and build monitoring tools
- Undertake legal, technical and other due diligence on assets
- Prepare credit committee memorandums and present findings to committee
- Assist in the review of legal documentation and draft term sheets
- Prepare syndication presentations, manage data flow and field investor queries
- Engage with other teams of the Bank
EXPERIENCE, QUALIFICATIONS & COMPETENCIES
This opportunity is not solely limited to Finance or Economic-based degrees. All you need to be is ambitious, bright, comfortable with numbers with the ability to problem-solve and have a willingness to learn. Here are a few more things we’d like to see from our Global Banking candidates:
- Strong academic background with a degree from a leading university or similar top-tier institution
- Previous related internship or work experience in Financial Services
- Good understanding of financial markets
- Knowledge of MS Office (PowerPoint, Word and Excel in particular) and experience
in using investment banking databases a strong advantage (e.g. Bloomberg, Thomson One Banker, Datastream) - Demonstrate analytical abilities and strong attention to detail
- Ability to multi-task under pressure
- An interest in finance and economic affairs
- Proactive and enthusiastic self-starter
- Strong organisational and time management skills
- Excellent communication and interpersonal skills
- Excellent spoken and written English are crucial
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: 22nd September (please submit your application ASAP to avoid disappointment)
PLEASE NOTE
- You may only apply for one Graduate Programme per academic year (Global Banking or Technology)
- Successful candidates for this Graduate programme will be considered for Global Banking ONLY
- Successful candidates for this Graduate programme will be considered for London ONLY