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 Macro offers a range of products across FX, Rates and Commodities in both developed and emerging markets. Market making, the CD trading platform is active across a wide range of cash, physical, futures and other derivative
products in crude, gas, refined products, bullion, and power markets. Offering a wide range of hedging solutions for clients who are exposed to the price of physical commodities.
Providing market access and liquidity to bank's corporate customers on complex (e.g. exotic, physical, balance sheet) commodity transactions. For some transactions this will cover design of products / solutions as structuring / on-boarding of the transactions.
Purpose and Scope of Role
Purpose:
• As a Quant long term intern in the Structured Energy Trading team, the role holder is responsible for mostly quantitative, data and model related tasks, whilst contributing to the improvement of the trading infrastructure and developing trading knowledge. and experiences
Scope:
• Quantitative responsibility
Key Responsibilities of Role
• Maintaining energy market and fundamental dataset;
• Generating automatic reports to the trading team on fundamental data / designing reporting interfaces;
• Data pre-processing and coding (Python preferred);
• Performing risk mappings using statistical technics;
• Research for commodity-related factors and associated systematic strategies;
• Contributing to the improvement of the trading team’s data infrastructure and decision-making processes.
Experience, Qualifications & Competencies
Essential
• A minimum of a Master's degree level in mathematics, statistics, physics, engineering or finance / econometrics or a PhD in another Science or engineering field.
• Experiences in coding, managing/modelling large dataset and back-testing required.
• Ability to work with some autonomy.
• Strong interpersonal and business relationship management skills.
• Able to adopt a structured, methodical approach to communicating and executing tasks.
Preferred
• Experiences on a quant AMM/or structured trading desk.
• Knowledge related to commodity products.
• Knowledge and experiences in Python.
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.