London – Graduate Associate Programme 2025 – FX Options – Electro Trading

Employment contract:

Global Markets

Location:

London, England, United Kingdom of Great Britain and Northern Ireland

Job/mission:

Quant

Reference:

2187

Bank Overview

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, 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.

BNP Paribas Corporate and Institutional Banking is a globally recognized leader offering capital markets, securities services, financing, treasury and advisory solutions.

Business Area/Dept Overview

BNP Paribas Global Markets provides cross-asset investment, hedging, financing, research and market intelligence to corporate and institutional clients, as well as private and retail banking networks. Global Markets' sustainable, long term business model seamlessly connects clients to capital markets throughout 38 markets in EMEA, Asia Pacific and the Americas, with innovative solutions and digital platforms. Through Global Markets, clients can access a full universe of opportunities in equity derivatives, foreign exchange and local markets, commodity derivatives, rates, primary and credit markets and prime solutions and financing.

Key Responsibilities of Role

In this role, the candidate will:

  • Continuously improve the monitoring of the electro Trading activity, making sure that the tools developed can be used by a larger Trading audience.
  • Improve and automate the spreading logic and skewing logic of the market making activity for the whole trading desk.
  • Work with Quant Strategists to continuously improve the volatility fair value based on market data.
  • Being able to propose ideas on the development of Gamma Hedging automatons.
  • Help with the production of the eBook, being able to identify bugs and assess risks on the production framework.
  • Study dataset of client activity to improve the pricing and hit ratio.
  • Interact with sales to make sure clients are covered correctly and pricing is accurate.

Experience, Qualifications & Competencies

Essential

•    A minimum of a Masters or PhD in a quantitative subject such as Computer Science, Mathematics, Physics, Quantitative
Finance or Engineering;
•    Excellent programming skills: Python, SQL is a must;
•    Data manipulation and database experience;
•    Interest in financial markets, economics and quantitative finance;
•    Experience of electronic markets, models and arbitrage strategies is not a prerequisite but a strong plus;
•    Delivery driven mind-set;
•    Strong interpersonal skills and proactive approach to problem solving;
•    Ability to work under pressure and multi-task;
•    Strong organizational skills;
•    Team Player.

 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.

 

Start Month/Year: March or September 2025

Salary: Competitive 

Location: London

 

PLEASE NOTE

  • You may only apply for up to 1 Graduate Programme (or 1 Summer Internship Programme) per recruitment year.
  • Successful candidates for this role must be based in London from the start of their programme.
  • Candidates are encouraged to submit their application as soon as possible to avoid disappointment.

 

Unsuccessful candidates’ CVs will be shared with other teams within BNP Paribas Global Markets and considered for potentially suitable roles. In this way we hope to maximise opportunities for candidates and hiring teams. By submitting your CV for this role you agree to it being shared securely with other hiring teams within BNP Paribas Global Markets for the relevant recruitment round.