London – Long Term Internship 2025 – e-Rates Quantitative Trading

Employment contract:

Long Term Internship

Location:

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

Job/mission:

Quant

Reference:

2170

Bank Overview

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 83 countries, with nearly 183,000 employees globally, including around 145,000 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 recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.

Business Area/Dept Overview

BNP Paribas’ Global Markets business offers a broad range of products and services in the global interest rates, credit, currency, equities & commodity markets. Global Markets help their franchise of clients find effective ways to raise and invest capital as well as manage their exposure to risk. Their client base comprises of hundreds of corporations, institutional investors, banks, governments and supranational organisations. Global Markets has the scale and reach to conduct business anywhere in the world and deliver products denominated in almost all of the world’s currencies. 

G10 rates trading covers the government bonds for EU zone + UK, SSAs, swaps (Eur, Gbp, Chf). BNPP has one of the largest franchises in the street for the Eurozone on rates products as well as strategic relationship with EU governments and large corporates.

Purpose and Scope of Role

Purpose:

As an intern in the e-trading team, the intern will work on a or several projects in order to assist the trading team. The role will involve the use of data, programming and mathematical modelling skills.

Scope: 

The role holder will interact primarily with the Rates e-trading team in London. 

Key Responsibilities of Role

•    Provide applicable recommendations for the improvement of one or several of the KPIs of the rates e-trading team, based on data and the use of quantitative analysis and modelling. 

Experience, Qualifications & Competencies

Essential

•    A minimum of a Masters in a quantitative field such as Computer Science, Mathematics, Physics, Quantitative Finance or Engineering. 

•    Strong quantitative, programming and data analysis skills;

•    Strong team player, ability to seek advice and help when and where required;

•    Able to reconcile common sense with the output from the quantitative / technical work;

•    Programming skills: Python.

Preferred

•    High level of curiosity and proactivity, ability to learn new areas without detailed supervision.

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.

Duration: 6-11 months
Salary: Competitive
Location: London

PLEASE NOTE

  • You may only apply for up to 4 long term internships per recruitment year.
  • Successful candidates for this long term internship must be based in London from the start of their role.
  • Please discuss the available start dates with your interviewers.

 

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.