2026 Global Markets Graduate Analyst – Research

Country: United Kingdom

Programme: Graduate

City: London

Department: Global Markets

  

About BNP Paribas

BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 193,000 employees. We provide clients with financing, investment, savings and risk management solutions while maintaining the highest ethical standards. 

In the UK, our history dates back to 1867. Today, our clients benefit from our global reach, expertise and long-term commitment to building a responsible and sustainable financial future.

Business Area

BNP Paribas’ Global Markets offers consistent client service and innovative solutions for investment, hedging and financing opportunities across asset classes and geographies, and research and market intelligence to help our clients make strategic decisions.


Global Credit

Our Global Credit business enables us to realise synergies while maintaining strict boundaries between the public and private sides. We provide solutions to clients throughout the entire credit continuum from origination through execution to secondary market trading and post trade services.

Global Equities

Building on our long-establish world-class Equity Derivatives business, BNP Paribas continues to diversify and scale our Equities offering. Clients can now access the combined strengths of our market-leading Prime Services and Cash Equities platforms.

Global Macro

Global Macro offers the full spectrum of products across FX, Rates and Commodities in both developed and emerging markets, from millisecond electronic trading supported by the most advanced AI platforms, through to long dated, high touch solutions.

BNP Paribas’ Global Markets offers consistent client service and innovative solutions for investment, hedging and financing opportunities across asset classes and geographies, and research and market intelligence to help our clients make strategic decisions.


The Programme

The Global Markets Graduate Programme allows you to join a specific desk an develop your expertise in this space from Day 1. You’ll be able to develop your skillset and add real value to your team from the outset.

What You’ll Do

  • Support the research team by conducting analysis of a wide variety of economies, financial markets, as well as political developments
  • Assist in the development of new research and modelling tools
  • Conduct quantitative and qualitative analysis on global markets
  • Carry out deep-dive research on a variety of countries/asset classes
  • Draft presentations, research notes and responses to client questions
  • Generate trading strategies
  • Present macroeconomic and market views and/or trading strategies to internal and external clients clearly and effectively

What We’re Looking For 

To join the Global Markets Graduate programme, you must be completing your degree course in 2026 (or be within two years of graduating) and have:

Candidate Profile

  • Finance, Economics or Engineering background is not a requirement
  • Methodical, logical, systematic and solution-driven approach
  • Creativity and willingness to challenge and innovate
  • Strong drive to exceed expectations and take initiative
  • Great multitasking and time management skills
  • Strong analysis and judgement
  • Meticulous accuracy with a keen eye for detail
  • Confident verbal communication skills
  • Team player
  • Excellent spoken and written English
  • Additional languages are an advantage

Technical Skills and Qualifications

  • Excellent academic background, minimum 2:1 or equivalent in Bachelor’s degree
  • Keen interest and basic understanding in Capital Markets
  • Strong desire and capacity to learn
  • Strong mathematical, analytical & quantitative skills are advantageous
  • Excellent organisational and time management skills
  • Proficient with MS Office tools, including Excel (any additional computer skills/coding are an advantage)
  • Strong interpersonal skills and a sense of professionalism
  • Previous internship or work experience
  • Pro-activeness

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 
  • And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct). 

Why Join Us 

A great place to work 

We offer flexible working options (including hybrid, where applicable) and a collaborative culture that values balance and inclusion. We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

*Subject to relevant caps

2. A positive impact 

We are committed to Net Zero in our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon. We also support our communities, with every employee receiving four volunteering days each year. 

3. A focus on growth 

We invest in our people through training, mentoring and career development. In 2024, nearly half of our UK Corporate & Institutional Banking roles were filled internally. 

You will also join an inclusive culture, supported by networks such as Pride, Ability, MixCity (gender equality), Women in Global Markets, Multicultural Network and more. 


Equal Opportunities

We are committed to providing a work environment that promotes diversity, inclusion and equal opportunities for all. 

Adjustments

If you have a disability or health condition that may require adjustments during the recruitment process, please let us know early so we can support you. 

Additional Information

You may only apply for one Graduate programme per academic year (Global Banking, Global Markets, Technology or Securities Services) 

Successful candidates for this Graduate programme will be considered for Global Markets – Research ONLY 

Successful candidates for this Graduate programme will be considered for London ONLY 

About BNP Paribas 

BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 193,000 employees. We provide clients with financing, investment, savings and risk management solutions while maintaining the highest ethical standards.  

In the UK, our history dates back to 1867. Today, our clients benefit from our global reach, expertise and long-term commitment to building a responsible and sustainable financial future. 

Business Area

Transactional Banking

The role sits within the Transaction Banking team within Global Banking. Transactional Banking provides cash management, transactional FX, deposits, trade financing & supply chain solutions services

The Graduate programme provides the opportunity to rotate across two of the following teams:

Cash Management (exposure to LIS, Liquidity & Investment Solutions; LIS is a complimentary business line to Cash Management with a focus on supporting the Global Banking balance sheet by ensuring we retain balances bought to BNP Paribas via the Cash Management business line. LIS is also responsible for maintaining an active money market relationship with clients within the corporate franchise, this product is key to ensure that the Global Banking balance sheet is self-funded). 

Global Trade Solutions. Providing trade finance, trade products and working capital (SCM) solutions to BNP Paribas corporate clients. It includes Global Trade Services and Advisory enabling clients to optimise, secure and finance international transactions worldwide

The Graduate Programme

Our Transactional Banking Graduate Programme provides the ideal opportunity to gain experience across two key business areas: Cash Management and Global Trade Solutions. 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. 

You will be accountable for providing support to more senior team members on routine marketing, executing, and regulation activities in relation to transactions within their respective business area. 

What You’ll Do

Cash Management

Support for Pilot Cash Management Sales Managers

  • Assisting with the review and structuring of tender documents
  • Prepare pitchbooks, presentations and memorandums
  • Attending meetings with Sales Managers, where appropriate, and meaning follow ups and call reports thereafter
  • Show awareness for news flow/information and analysis to help identify possible new business opportunities & areas for cross sell 
  • Develop sales skills and an understanding of client needs in order to take on further client responsibility as time progresses

Data Management

  • Analyse, based on CM360 (internal tool), any significant drops / increases in revenues and/or flows across the Pilot portfolio of clients in order to identify any issues or opportunities                                                                          
  • Analysing the Sales pipeline if deals on CRM; discussing with Sales Managers and updating as necessary

Client Portfolio Management                                                                                                                                                       

  • Working with the Pilot Sales Managers & relevant Relationship Managers to keep Client Action Plans up to date                 
  • Assisting with management of existing client relationships                                                                                                     
  • Preparation and submission of Cash Management Credit Memos- to support the implementation of cash pools                 
  • Preparation and tracking of Intra-day Limit (IDL) letters to ensure set-up is completed

Global Trade Solutions

  • Exposure to a wide range of coverage, clients and projects.
  • Exposure to the full range of GTS business and product offering.
  • Develop a knowledge of legal documentation and analyse its strength and appropriateness.
  • Develop knowledge of major regulatory risks associated with Trade Products (Financial crime, Sanctions etc.).
  • Portfolio Management. Assist team in transaction analysis, profitability, risk monitoring and client action plans.
  • Assist in the origination and execution of transactions and client meetings.
  • Prepare pitch books, presentations and memorandums
  • Provide input and prepare GTS Credit support Notes and work with Coverage the Credit Analysis team to ensure the delivery of papers, in a timely manner.

What We’re Looking For  

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 is desirable
  • 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  
  • And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).  

 Why Join Us 

1. A great place to work  

We offer flexible working options (including hybrid, where applicable) and a collaborative culture that values balance and inclusion. We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include: 

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays. 
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance. 
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support. 
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre. 
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits. 

*Subject to relevant caps 

2. A positive impact  

We are committed to Net Zero in our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon. We also support our communities, with every employee receiving four volunteering days each year.  

3. A focus on growth  

We invest in our people through training, mentoring and career development. In 2024, nearly half of our UK Corporate & Institutional Banking roles were filled internally.  

You will also join an inclusive culture, supported by networks such as Pride, Ability, MixCity (gender equality), Women in Global Markets, Multicultural Network and more.  

Equal Opportunities 

We are committed to providing a work environment that promotes diversity, inclusion and equal opportunities for all.  

Adjustments 

If you have a disability or health condition that may require adjustments during the recruitment process, please let us know early so we can support you.  

Additional Information 

You may only apply for one Graduate programme per academic year (Global Banking, Transaction Banking Global Markets or Technology)  

Successful candidates for this Graduate programme will be considered for Transaction Banking  ONLY  

Successful candidates for this Graduate programme will be considered for London ONLY  

Country: United Kingdom

Programme: Graduate

City: London

Department: Global Markets

About BNP Paribas 

BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 193,000 employees. We provide clients with financing, investment, savings and risk management solutions while maintaining the highest ethical standards. 

In the UK, our history dates back to 1867. Today, our clients benefit from our global reach, expertise and long-term commitment to building a responsible and sustainable financial future.

Company Purpose:


Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.


Our employer promise is built around three pillars:

  • Being a great place to work
  • Committed to sustainability and having a positive impact
  • Being dedicated to the development of our people

Business Area 

BNP Paribas’ Global Markets offers consistent client service and innovative solutions for investment, hedging and financing opportunities across asset classes and geographies, and research and market intelligence to help our clients make strategic decisions.

Global Credit

Our Global Credit business enables us to realise synergies while maintaining strict boundaries between the public and private sides. We provide solutions to clients throughout the entire credit continuum from origination through execution to secondary market trading and post trade services.

Global Equities

Building on our long-establish world-class Equity Derivatives business, BNP Paribas continues to diversify and scale our Equities offering. Clients can now access the combined strengths of our market-leading Prime Services and Cash Equities platforms.

Global Macro

Global Macro offers the full spectrum of products across FX, Rates and Commodities in both developed and emerging markets, from millisecond electronic trading supported by the most advanced AI platforms, through to long dated, high touch solutions.

BNP Paribas’ Global Markets offers consistent client service and innovative solutions for investment, hedging and financing opportunities across asset classes and geographies, and research and market intelligence to help our clients make strategic decisions.

The Programme

The Global Markets Graduate Programme allows you to join a specific desk an develop your expertise in this space from Day 1. You’ll be able to develop your skillset and add real value to your team from the outset.

What We’re Looking For:

To join the Global Markets Graduate programme, you must be completing your degree course in 2026 (or be within two years of graduating) and have:

Candidate Profile

  • Finance, Economics or Engineering background is not a requirement
  • Methodical, logical, systematic and solution-driven approach
  • Creativity and willingness to challenge and innovate
  • Strong drive to exceed expectations and take initiative
  • Great multitasking and time management skills
  • Strong analysis and judgement
  • Meticulous accuracy with a keen eye for detail
  • Confident verbal communication skills
  • Team player
  • Excellent spoken and written English
  • Additional languages are an advantage

 Technical Skills and Qualifications

  •  Excellent academic background, minimum 2:1 or equivalent in Bachelor’s degree
  • Keen interest and basic understanding in Capital Markets
  • Strong desire and capacity to learn
  • Strong mathematical, analytical & quantitative skills are advantageous
  • Excellent organisational and time management skills
  • Proficient with MS Office tools, including Excel (any additional computer skills/coding are an advantage)
  • Strong interpersonal skills and a sense of professionalism
  • Previous internship or work experience
  • Pro-activeness

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 

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct). 

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

 * Subject to relevant caps

2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.  

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally. 

 Investing in our people also means we have a collaborative and inclusive culture:

  •  Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
  • Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
  • Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.

Equal Opportunities 

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.

Adjustments

 We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

Additional Information 

  • You may only apply for one Graduate programme per academic year (Global Banking, Global Markets, Technology or Securities Services) 
  • Successful candidates for this Graduate programme will be considered for Global Markets – Transversal ONLY 
  • Successful candidates for this Graduate programme will be considered for London ONLY

Company Purpose:


Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.


Our employer promise is built around three pillars:

•    Being a great place to work.

•    Committed to sustainability and having a positive impact.

•    Being dedicated to the development of our people.


Business Area

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.

The Graduate Program is designed to provide you with first-class training and immediate responsibility. You will participate to a 3 week-induction before moving into a full-time role in one of our Quant teams. As a Graduate, you will have access to a number of workshops, in house training and networking events. You will also be assigned a mentor to help you with your career development.

We have open Quant Graduate positions in the quant teams supporting our Business Lines (Rates, Credit, FX, Repo & Financing and Prime Services).

Quantitative Research teams are responsible for the development of pricing and risk management models. They have daily exposure to structurers, traders, sales as well as our technology and risk management teams.

Job Purpose 

The role is designed to support the Graduate in developing skills and experience in Global Markets Quantitative Research activities.

Key Responsibilities

  • Creating and implementing the mathematical models and strategies used for pricing and market making;
  • Support directly Trading, Sales and Structuring on a day-to-day basis by helping analyse specific trades/risks and applying the optimal pricing models;
  • Pricing, risk management and relative value for linear, non-linear and primary desks;
  • Assessing the suitability of the models used by reviewing their assumptions, derivation, implementation and limitations;
  • Responsible for best practices for PnL Explain and Predict globally;
  • Involvement in key transversal regulatory topics;
  • Joint projects with the GM LAB and Algo Trading Quants on  ML, AI and electronic trading projects;
  • Interaction with Risk teams for Market Risk Capital Models, Stress Testing, Limits Monitoring, Counterparty Risk, etc.

Requirements

Technical Skills and Qualifications

  • A minimum of a Master’s or PhD in a quantitative subject such as Computer Science, Mathematics, Physics, Quantitative Finance or Engineering;
  • Excellent programming skills (C++, Python, Java, R or other equivalent);
  • 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 organisational 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.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).


A bit more about why you should join us


1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile).

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps


2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.  

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally. 

Investing in our people also means we have a collaborative and inclusive culture:

  • Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
  • Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
  • Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.

Equal Opportunities 

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.

Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

#LI-Onsite 


PLEASE NOTE

  • You may only apply for one Graduate Programme per academic year (Global Banking, Global Markets, Technology or Transactional Banking).
  • Successful candidates for this Graduate Programme will be considered for this specific Global Markets Quant Graduate Associate Programme ONLY.
  • Successful candidates for this Graduate Programme will be considered for London ONLY.

Company Purpose:


Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.


Our employer promise is built around three pillars:

•    Being a great place to work

•    Committed to sustainability and having a positive impact

•    Being dedicated to the development of our people

Business Area

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.

We have open long term intern positions in our e-FIC team.

The e-FIC team carries out quantitative research in electronic trading of Fixed Income and Currency (FX) products. Its aim is to provide fully automated solutions for market making.

Job Purpose 

The role is to assist the team with the day-to-day business activities under supervision. 

Key Responsibilities

  • Helping to design and develop algorithmic pricing, quoting, risk management and execution tools to help automate BNP Paribas’ FIC market making activities;
  • Conduct research and analysis using historical datasets to develop models behind the automation tools;
  • Interact with Trading, Sales and IT to ensure a timely delivery of projects to all interested parties’ standards;
  • Continuously improve existing models to adapt to an ever changing market landscape.

Requirements

  • A minimum of a Master’s or PhD in a quantitative subject such as Computer Science, Mathematics, Physics, Quantitative Finance or Engineering;
  • Excellent programming skills (C++, Python, Java, R or other equivalent);
  • 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 mindset;
  • Strong interpersonal skills and proactive approach to problem solving;
  • Ability to work under pressure and multi-task;
  • Strong organisational 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.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

PLEASE NOTE

  • You may only apply to four Long Term Internships over the course of a year. These may be across any business area. 
  • Successful candidates for this long term internship will be considered for London ONLY.
  • Please discuss the available start dates with your interviewers.

Unsuccessful candidates’ CVs will be shared with other teams within BNP Paribas 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 for the relevant recruitment round.

Location: London

Duration: 6 months

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps

2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.  

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally. 

Investing in our people also means we have a collaborative and inclusive culture:

  • Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
  • Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
  • Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.

Equal Opportunities 

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.


Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

#LI-Onsite 

Company Purpose:


Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.


Our employer promise is built around three pillars:

•    Being a great place to work.

•    Committed to sustainability and having a positive impact.

•    Being dedicated to the development of our people.

Business Area

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 organizations.

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. Their global network comprises more than 3,000 professionals working on our six main trading floors in London, Hong Kong, New York, Paris, Singapore and Tokyo. They are supported by regional offices throughout Europe, the Americas, Middle East and Asia-Pacific.

Job Purpose 

The role is designed to support the Graduate in developing skills and experience in Global Markets Lab activities.

Key Responsibilities

  • Intermediate/ developing professional accountable for the delivery of often complex but routine activities within the Data and AI Lab research team within Global Markets at BNP Paribas.
  • Develops and adapts existing AI/Machine learning methodologies, such as: 
    • Features engineering
    • Model calibration/fine-tuning
    • Loss engineering

In order to improve the performance of relevant models or adapt them to a new type of inputs.

  • Works under own initiative and is beginning to support other more junior staff within the team with tasks.
  • Maintains open communication with the team and direct line management to fulfil firm notification requirements and pass on client concerns.

Requirements

  • Professional qualification and education in Machine Learning, Mathematics, Statistics, Physics, Engineering or Finance / Econometrics at a Master’s level or a PhD in another science or engineering field, with an interest in data science is required with some additional work experience where relevant. 
  • Knowledge of quantitative finance and options (knowledge of stochastic calculus and structured/exotic derivatives is advantageous but not required).
  • Displays dedication & prioritises problems by considering the impact on the business; identifies quick-wins.
  • Excellent business relationship management and development skills.
  • Effective communicator who can deliver complex and clear information or messages, both oral and written.
  • Experience in using financial information systems – e.g. Bloomberg and in-house risk/pricing tools.
  • Strong programming skills especially in Python but an additional programming language is a plus (e.g. SQL, C++, Java, R or other equivalent).

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.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

A bit more about why you should join us


1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile).

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps

2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.  

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally. 

Investing in our people also means we have a collaborative and inclusive culture:

  • Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
  • Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
  • Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.

Equal Opportunities 

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.

Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

#LI-Onsite 

PLEASE NOTE

  • You may only apply for one Graduate Programme per academic year (Global Banking, Global Markets, Technology or Transactional Banking).
  • Successful candidates for this Graduate Programme will be considered for this specific Global Markets Quant Graduate Associate Programme ONLY.
  • Successful candidates for this Graduate Programme will be considered for London ONLY.

Company Purpose:


Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.


Our employer promise is built around three pillars:

•    Being a great place to work

•    Committed to sustainability and having a positive impact

•    Being dedicated to the development of our people

Business Area

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 organizations.

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. Their global network comprises more than 3,000 professionals working on our six main trading floors in London, Hong Kong, New York, Paris, Singapore and Tokyo. They are supported by regional offices throughout Europe, the Americas, Middle East and Asia-Pacific.


Job Purpose 

The role is to assist the team with the day-to-day business activities under supervision. 

Key Responsibilities

  • Using the latest techniques of Machine and Deep Learning to build models for our trading and sales activity leveraging internal and external data to improve the service we give to Clients while managing tightly the risk associated to those products;
  • Build our next generation of Natural Language Understanding interface (Speech to Text and Chat to Systems) across all business lines;
  • Participate in the design and development of our core research projects such as unsupervised classification of the various market participants behaviour, sentiment analysis in chats or new and improvement of the market making in low or high frequency;
  • Be able to innovate freely, Introducing new techniques or technologies if needed.

Requirements

  • Strong education in Statistics, Maths or Computer Science (Master’s or PhD level): we are not just looking for people who know how to use machine learning techniques, but for people who understand how it works inside the black-box;
  • Strong knowledge of Machine Learning techniques (classification, regression, natural language processing via standard statistical models or neural network);
  • Good programming skills, preferably Python;
  • Good knowledge of Databases (SQL, Oracle, MongoDB…) and with dealing with Big Data environment (Hadoop, Spark);
  • Relevant internships in industry applying Machine Learning techniques and successful participation to Kaggle challenges are a plus;
  • Delivery-driven mindset;
  • Strong interpersonal skills and proactive approach to problem solving;
  • Ability to work under pressure and multi-task;
  • Strong organisational 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.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

PLEASE NOTE

  • You may only apply to four Long Term Internships over the course of a year. These may be across any business area. 
  • Successful candidates for this long term internship will be considered for London ONLY.
  • Please discuss the available start dates with your interviewers.

Unsuccessful candidates’ CVs will be shared with other teams within BNP Paribas 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 for the relevant recruitment round.


Location: London

Duration: 6 months

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps


2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.  

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally. 

Investing in our people also means we have a collaborative and inclusive culture:

  • Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
  • Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
  • Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.

Equal Opportunities 

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.

Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

#LI-Onsite 

Company Purpose:


Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.


Our employer promise is built around three pillars:

•    Being a great place to work

•    Committed to sustainability and having a positive impact

•    Being dedicated to the development of our people

Business Area

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.


Job Purpose 

  • Purpose: as an intern in the e-Trading team, you will work on one or several projects in order to assist the Trading team. The role will involve the use of data, programming and mathematical modelisation skills.
  • Scope: The role holder will interact primarily with the Rates e-Trading team in London.

Key Responsibilities

  • 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.

Requirements

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.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).


PLEASE NOTE

•    You may only apply to four Long Term Internships over the course of a year. These may be across any business area. 

•    Successful candidates for this long term internship will be considered for London ONLY.

•    Please discuss the available start dates with your interviewers.

Unsuccessful candidates’ CVs will be shared with other teams within BNP Paribas 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 for the relevant recruitment round.

Location: London

Duration: 6 months

A bit more about why you should join us


1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps


2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.  

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.


3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally. 

Investing in our people also means we have a collaborative and inclusive culture:

  • Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
  • Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
  • Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.

Equal Opportunities 

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.


Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

#LI-Onsite 


Company Purpose:


Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.


Our employer promise is built around three pillars:

•    Being a great place to work.

•    Committed to sustainability and having a positive impact.

•    Being dedicated to the development of our people.

Business Area

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 organizations.

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. Their global network comprises more than 1,700 professionals working on our six main trading floors in London, Hong Kong, New York, Paris, Singapore and Tokyo. They are supported by regional offices throughout Europe, the Americas, Middle East and Asia-Pacific.

Global Markets’ Automated Market Making desks provide continuously and electronically liquidity on a range of cash and derivative listed instruments. The Global Equities AMM desks in particular cover equities securities, Exchange Traded Funds (ETFs) and listed equity and index derivatives (Futures, Options). AMM Quant traders are continuously creating and optimising strategies, automatons and algorithms to improve liquidity provision on a wide spectrum of underlying, asset classes and markets.

The AMM ETF desk provides liquidity on regulated exchanges, MTFs and directly to BNP Paribas Institutional, Hedge-Fund and Corporate clients. It also partners with leading global ETF Issuers for their ETF range on-exchange performance, and competes with the most technologically advanced market-making firms globally.

In Europe BNP Paribas currently ranks as #1 Investment Bank for ETF electronic Market-Making as well as #1 Investment Bank for ETF Institutional flow.

Job Purpose 

The ETF Quant Trader Graduate works as part of a team of senior traders, responsible for maintaining markets (providing liquidity both on and off exchanges) and managing the technical platform that enables them to do so. This role requires a unique blend of trading and technical expertise, including product knowledge, high-performance coding, and an understanding of a complex and ever-evolving technical platform. It’s a fast-track to gaining the level of expertise necessary to generate the next tech evolutions, as well as strategies and algorithm ideas.

This role perfectly encapsulates the future of the trader’s profile and role in banks and hedge-funds.

Mandate covers ETFs issued in Europe, and all possible instruments and contracts used as hedges (Equities, Futures, Swaps, FX globally).

Key Responsibilities

The ETF Quant Trader – Graduate:

  • Supports Quant Traders in the continuous improvement of BNP Paribas’s electronic Market-Making infrastructure.
  • Supports Quant Trader in the monitoring of the activity (positions, flows, instantaneous market risks, infrastructure sanity) for eMM.
  • As such, operates under the direct guidance of the Senior ETF Quant Trader with responsibility to report and escalate to line management and managing day-to-day with high level of expertise in the product she or he is responsible for.

Missions shared with all other Flow and Quant ETF Traders:

  • With the support of Quant traders and Strategists, develops and maintain algorithms and models.
  • To provide market liquidity through market making, and hedge accordingly
  • To monitor market news and events and evaluate the risk and opportunities for positions and strategies  
  • To ensure proper booking in the system, monitor front to back chain, and control operational risk.

ANALYSIS / RESEARCH /DEVELOPMENT

  • Research on new quantitative strategies and back-test them
  • Bring new strategy to production environment, improve current strategies
  • Follow the latest quantitative techniques (research papers, corporate intelligence…)
  • Enhance PnL sources diversification, use all available resources to maximize revenue.

TRADING

  • Trade and take care of the allocated strategies. Master Trading tools.
  • Perform the necessary backup on production to ensure business continuity.

CONTROL

  • Make sure trading is in line with market risks and local limits.
  • Propose enhancements to minimize potential Operational Risks.
  • Make sure trading strategies are fully compliant with BNPP Compliance and Conduct framework.

REPORT/SHARE

  • Make a report of the research project he is in charge (timeline, document, …)
  • Make a trading report of the strategies he is in charge (risk analysis, exposures, …)
  • Share research projects and experience with other AMM traders
  • Direct contribution to BNP Paribas Control framework 
  • Work as a team

Requirements

Knowledge and Skills 

  • Analytical background: STEM/Computer Science MSc (additional MSc or PhD in Finance is a plus).
  • High proficiency and autonomy in object-oriented programming: Python required
  • Uncompromising attention to detail and rigor. Ability to work in a fast-paced environment.
  • Ability to quickly apprehend and intellectual curiosity for complex technological infrastructures.

Experience

  • Coding experience required (Computer Science MSc with relevant internships is accepted).
  • Pandas/Numpy/SciKit and other relevant machine learning libraries is a plus.


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.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile).

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps

2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.  

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally. 

Investing in our people also means we have a collaborative and inclusive culture:

  • Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
  • Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
  • Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.


Equal Opportunities 

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.

Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

#LI-Onsite 

PLEASE NOTE

    You may only apply for one Graduate Programme per academic year (Global Banking, Global Markets, Technology or Transactional Banking).

•    Successful candidates for this Graduate Programme will be considered for this specific Global Markets Quant Graduate Associate Programme ONLY.

•    Successful candidates for this Graduate Programme will be considered for London ONLY.

Company Purpose:


Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.


Our employer promise is built around three pillars:

•    Being a great place to work

•    Committed to sustainability and having a positive impact

•    Being dedicated to the development of our people

Business Area

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.

Job Purpose 

  • We are significantly expanding our product offering over the next few years in exotics and correlation.
  • As we develop new models we will need support to test pricing and risk measures that are generated in the new systems for new products.
  • Stress scenario testing, Greek validation and model scenario runs will be increasingly important as we increase our footprint in the exotic and complex space.  Having a resource to help us on this would significantly reduce our time to market and time for repairing bugs.
  • While the role is based in London, all the initiatives will be used by the FX Options desk globally (US, EMEA, Asia).

Key Responsibilities

In their role, the candidate will:

  • Build inventory monitoring tools for new exotic trades including: vol budget monitoring, bend value tracking, vol swap breakeven levels etc.
  • Work with Trading, Risk and Quant Strategists to prototype new risk measures adapted to complex products.
  • Work with strategists to suggest new quantitative relative value trade ideas to sales.
  • Be involved with trading for creation, scripting and modelling of new single currency and multicurrency payouts.
  • With trading, sales and structuring, build restructure monitors for exotic risks in the book to pitch to clients.

Requirements

Technical Skills and Qualifications

  • 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 mindset.
  • Strong interpersonal skills and proactive approach to problem solving.
  • Ability to work under pressure and multitask.
  • 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.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

PLEASE NOTE

•    You may only apply to four Long Term Internships over the course of a year. These may be across any business area. 

•    Successful candidates for this long term internship will be considered for London ONLY.

•    Please discuss the available start dates with your interviewers.

Unsuccessful candidates’ CVs will be shared with other teams within BNP Paribas 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 for the relevant recruitment round.

Location: London

Duration: 11 months


A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

  • Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
  • Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
  • Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
  • Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
  • Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps

2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.  

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally. 

Investing in our people also means we have a collaborative and inclusive culture:

  • Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
  • Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
  • Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.


Equal Opportunities 

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.

Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

#LI-Onsite