About BNP Paribas

With strong roots in Europe’s economic history, combined with a rich heritage with a UK history spanning over 150 years, BNP Paribas is both a leading European bank and a prominent global institution. As the ‘Bank for a Changing World,’ we put our clients at the centre of our world, innovate on their behalf, and support clients through changing times. 

BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 183,000 employees.

We are looking for the next generation of talent to help us drive our long-term commitment to building a responsible and sustainable financial future.

Why join BNP Paribas?

You may only apply for one Graduate role per academic year (Global Banking- Coverage, Capital Markets or M&A, Global Markets, Technology) If you submit more than 1 application you will be automatically rejected.

1. A great place to work  

Depending on your role, you can benefit from hybrid, flexible, and agile working arrangements, and a collaborative culture that values balance and inclusion. 

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

2. A positive impact  

Work for a firm where ethical standards and sustainability are the core of our purpose.

We are committed to Net Zero in our financing and investment portfolios by 2050 and a goal of 80% low-carbon energy financing by 2030. 

Our impact goes beyond the climate, we empower our employees to give back with every employee receiving four volunteering days each year; in 2023 alone our UK employees dedicated over 18,000 hours to volunteering.

Our strong ESG performance has been recognised and we were named Top Employer Europe 2026 for the 13th consecutive year and World’s Best Bank for Sustainable Finance (Euromoney, 2026).

3. A focus on growth  

There is clear focus on investing in our people through training, mentoring and career development with dedicated career days to provide you tools to evolve. Our training offerings are deeply embedded into our Early Careers programmes, and continue to support your career progression beyond being an intern and graduate. In 2024, nearly half of our UK Corporate & Institutional Banking roles were filled internally. 

Business Area

Coverage

• We match the right expertise to the right client. At BNP Paribas we do that through two closely linked but distinct teams – UK Coverage and Corporate Clients Group
• Join Coverage and become the trusted adviser for a diverse portfolio of UK‑based companies. Coverage bankers serve as the primary point of contact between the bank and corporate clients
• You’ll develop deep client relationships, understand each client’s financing, risk‑management and strategic objectives
• Additionally, you’ll orchestrate bespoke solutions by leveraging the full suite of BNP Paribas products and expertise across the institution. and gain a deep commercial understanding of the UK market
• You’ll also get to dive into multiple transactions across Advisory (M&A, valuations and private‑equity), Acquisition Financing, Loans, DCM (Bonds) or ECM (IPOs) throughout multiple sectors, i.e. Industrials. All of this while gaining a deep commercial understanding of the UK market and collaborating with product experts across the bank

Ready to turn curiosity into impact? Join Coverage and help shape the future of business, one client at a time.

The Programme Overview 

Graduate Programme: 

This is a non-rotational role so you will join one team and stay imbedded for the duration the programme. You will work closely with many other teams across the business.

This will allow you to 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 taking on real responsibility from the start and contributing to live client projects.

This is your opportunity to develop skills, build your network, and demonstrate your potential for a permanent position following the programme.

You may only apply for one Graduate role per academic year (Global Banking- Coverage, Capital Markets or M&A, Global Markets, Technology)

What You’ll Do

• Work on live transactions and client projects
• Research and analyze industries and companies
• Assist in preparing pitch books and presentations
• Support the development of financial models and valuations
• Learn how credit and risk are assessed and help draft client reports
• Collaborate with different product teams to deliver integrated solutions

What We’re Looking For

To join the Coverage Global Banking Graduate programme, you must be completing your degree course in 2027 (or be within two years of graduating 2025-2027) and have: 

• Strong academic background with a degree from a leading university or similar top-tier institution
• Be fluent in English with strong written and verbal skills, additional languages are advantageous
• Previous related internship or work experience in Financial Services
• Good understanding of financial markets
• Knowledge of MS Office (PowerPoint, Word and Excel in particular) and experience in using investment banking databases a strong advantage (e.g. Bloomberg, Thomson One Banker, Datastream)
• Demonstrate analytical abilities and strong attention to detail
• Ability to multi-task under pressure
• An interest in finance and economic affairs
•  Proactive and enthusiastic self-starter
• Strong organisational and time management skills
• Excellent communication and interpersonal skills

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 
• 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). 

Equal Opportunities 

BNP Paribas is an equal opportunity employer. We are committed to ensuring fairness and preventing any form of disadvantage throughout our recruitment process. We are committed to providing a work environment that promotes diversity, inclusion and equal opportunities for all. 

Adjustments 

We are dedicated to an unbiased and inclusive hiring process to ensure all applicants are treated fairly. 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. 

About BNP Paribas

With strong roots in Europe’s economic history, combined with a rich heritage with a UK history spanning over 150 years, BNP Paribas is both a leading European bank and a prominent global institution. As the ‘Bank for a Changing World,’ we put our clients at the centre of our world, innovate on their behalf, and support clients through changing times. 

BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 183,000 employees.

We are looking for the next generation of talent to help us drive our long-term commitment to building a responsible and sustainable financial future.

Why join BNP Paribas?

You may only apply for one Graduate role per academic year (Global Banking- Coverage, Capital Markets or M&A, Global Markets, Technology) If you submit more than 1 application you will be automatically rejected.

1. A great place to work  

Depending on your role, you can benefit from hybrid, flexible, and agile working arrangements, and a collaborative culture that values balance and inclusion. 

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

2. A positive impact  

Work for a firm where ethical standards and sustainability are the core of our purpose.

We are committed to Net Zero in our financing and investment portfolios by 2050 and a goal of 80% low-carbon energy financing by 2030. 

Our impact goes beyond the climate, we empower our employees to give back with every employee receiving four volunteering days each year; in 2023 alone our UK employees dedicated over 18,000 hours to volunteering.

Our strong ESG performance has been recognised and we were named Top Employer Europe 2026 for the 13th consecutive year and World’s Best Bank for Sustainable Finance (Euromoney, 2026).

3. A focus on growth  

There is clear focus on investing in our people through training, mentoring and career development with dedicated career days to provide you tools to evolve. Our training offerings are deeply embedded into our Early Careers programmes, and continue to support your career progression beyond being an intern and graduate. In 2024, nearly half of our UK Corporate & Institutional Banking roles were filled internally. 

Business Area

Capital Markets 

Here you will gain exposure to areas such as Debt Markets, Equity Capital Markets, Real Estate Finance, Energy & Infrastructure and Corporate Broking. From financing acquisitions and refinancing loans to raising equity and advising strategic transactions, this is where you will see how we deliver complex solutions for major clients. You could be placed in any of the below teams: 

Equity Capital Market (ECM)- Supporting listed and private companies across EMEA in raising equity either via an IPO, Accelerated Bookbuildings or Rights Issues as well as helping shareholders place shares of listed companies to equity investors. The ECM team is instrumental in structuring and marketing these strategic equity transactions and interacts on a daily basis with multiple teams across the bank. These include equity syndicate, research, sales and industry groups, as well as the equity-linked team sitting within ECM which structures Convertible Bonds. 

Corporate Broking – Corporate Broking is a unique role as a strategic advisor for listed UK corporate clients, combining relationship management with strategic capital markets advice. Key areas of focus for the team include shareholder analysis, market intelligence, strategic advisory, as well as regulatory updates. Working closely with company Boards, C-Suite, and investor relations. You will get to work closely with other parts of the bank, including ECM, UK Advisory, Industry Group, Coverage, and Equities. 

Real Estate – Real Estate Capital Markets works with global real estate investors including private equity funds, sovereign wealth funds and REITs to structure and deliver bespoke financings for commercial real estate acquisitions, developments and take-privates. The team also leads the bank’s strategic relationships with real estate corporates, partnering with colleagues across Global Banking and Global Markets to facilitate access to BNPP’s full spectrum of products and services. 

Energy and Infrastructure (E&I) -The team acts as an adviser and arranger of limited recourse financing solutions across the EMEA region in the Energy and Infrastructure sectors. This includes advising clients with respect to their debt financing needs, arranging and structuring debt financing as mandated lead arranger, cross selling other products of the bank (including hedging and cash management solutions), acting as coverage for certain clients and monitoring its exposure to transactions on its book. 

Debt Capital Markets (DCM)- In the DCM team we support investment grade corporate clients when raising, structuring and managing their debt. We focus mainly on issuing new debt (bonds or hybrids) but also work closely with clients to optimise their existing debt portfolios via liability management. It is a role that sits in Global Banking but is also very market focused. We are often busy executing deals as well as working on more strategic transactions. We partner closely with all of the other teams in this list.  

Leverage Finance – Supporting Private Equity funds and sub-investment grade companies in raising and managing their debt, optimizing their capital structure. 

Loan Capital Markets – Supporting corporate clients, predominantly by structuring and financing their large acquisitions. These large deals take place in a fast-paced environment. The responsibilities include learning financial modelling and credit analysis 

Ready to turn curiosity into impact? Join Capital Markets and help shape the future of business

The Programme Overview 

Graduate role:

This is a non-rotational role so you will join one team and stay imbedded for the duration the programme. You will work closely with many other teams across the business.

This will allow you to 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 taking on real responsibility from the start and contributing to live client projects.

This is your opportunity to develop skills, build your network, and demonstrate your potential for a permanent position following the programme.

You may only apply for one Graduate role per academic year (Global Banking- Coverage, Capital Markets or M&A, Global Markets, Technology)

What You’ll Do

• Support the origination and execution of financing and advisory transactions
• Prepare market updates and client presentations
• Assist with due diligence, credit analysis and financial modelling
• Contribute to internal reporting and transaction materials
• Gain exposure to equity, debt and specialist financing products

What We’re Looking For

To join the Capital Markets Global Banking Graduate programme, you must be completing your degree course in 2027 (or be within two years of graduating 2025-2027) and have: 

• Strong academic background with a degree from a leading university or similar top-tier institution
• Be fluent in English with strong written and verbal skills, additional languages are advantageous
• Previous related internship or work experience in Financial Services
• Good understanding of financial markets
• Knowledge of MS Office (PowerPoint, Word and Excel in particular) and experience in using investment banking databases a strong advantage (e.g. Bloomberg, Thomson One Banker, Datastream)
• Excellent analytical and numerical ability
• Ability to multi-task under pressure
• Strong interest in banking and financial markets
• A proactive mindset and eagerness to learn
• Strong organisational and time management skills
• Excellent communication and interpersonal skills
• Familiarity with financial modelling or coding (an advantage but not required)

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 
• 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). 

Equal Opportunities

BNP Paribas is an equal opportunity employer. We are committed to ensuring fairness and preventing any form of disadvantage throughout our recruitment process. We are committed to providing a work environment that promotes diversity, inclusion and equal opportunities for all. 

Adjustments

We are dedicated to an unbiased and inclusive hiring process to ensure all applicants are treated fairly. 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. 

About BNP Paribas

With strong roots in Europe’s economic history, combined with a rich heritage with a UK history spanning over 150 years, BNP Paribas is both a leading European bank and a prominent global institution. As the ‘Bank for a Changing World,’ we put our clients at the centre of our world, innovate on their behalf, and support clients through changing times. 

BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 183,000 employees.

We are looking for the next generation of talent to help us drive our long-term commitment to building a responsible and sustainable financial future.

Why join BNP Paribas?

You may only apply for one Graduate role per academic year (Global Banking- Coverage, Capital Markets or M&A, Global Markets, Technology). If you submit more than 1 application you will be automatically rejected.

1. A great place to work  

Depending on your role, you can benefit from hybrid, flexible, and agile working arrangements, and a collaborative culture that values balance and inclusion. 

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

2. A positive impact  

Work for a firm where ethical standards and sustainability are the core of our purpose.

We are committed to Net Zero in our financing and investment portfolios by 2050 and a goal of 80% low-carbon energy financing by 2030. 

Our impact goes beyond the climate, we empower our employees to give back with every employee receiving four volunteering days each year; in 2023 alone our UK employees dedicated over 18,000 hours to volunteering.

Our strong ESG performance has been recognised and we were named Top Employer Europe 2026 for the 13th consecutive year and World’s Best Bank for Sustainable Finance (Euromoney, 2026).

3. A focus on growth  

There is clear focus on investing in our people through training, mentoring and career development with dedicated career days to provide you tools to evolve. Our training offerings are deeply embedded into our Early Careers programmes, and continue to support your career progression beyond being an intern and graduate. In 2024, nearly half of our UK Corporate & Institutional Banking roles were filled internally. 

Business Area

M&A (Sectors & Advisory) 

• Our Sectors & Advisory (M&A) franchise provides strategic advisory services to corporate and institutional clients undertaking mergers, acquisitions, spin-offs, divestitures, restructurings and other strategic operations such as IPOs and debt raise 
• Our advisory work is comprehensive, ranging from financial valuation through comprehensive financial analysis, to transaction negotiation and finalisation, as well as bespoke advice on corporate governance, shareholder activism and complex structured transactions. 
• We strive to create tailored advice to the specific dynamics of each situation and market in which our clients operate. We have extensive experience handling cross-border transactions, navigating international complexities 
• Responsibilities include rigorous financial analysis, valuation, transaction structuring, due diligence coordination, and negotiation of definitive agreements. 

You will work within one of the following teams:  

Real Estate- coverage of a broad spectrum beyond traditional Real Estate including leisure, lodging, data centers and proptech across all investment banking products in Europe, the Middle East and Africa 

CRH (Consumer retail and healthcare) – advising leading global corporates, founders and financial sponsors across food & beverage, consumer goods, beauty, home & personal care, luxury and retail, as well as pharma, biotech, medtech and healthcare services. Offering the full suite of investment banking products through a global platform with dedicated teams across Europe, the Americas and Asia 

LCTG (Low carbon group) – coverage of a range of sectors within the energy and natural resources space, with key sub-segments being (i) Power & Utilities, focused on the renewables / power generation space, gas & electricity regulated utilities; (ii) Low Carbon Solutions, focused New Energies and other energy transition areas including Sustainable Fuels and Carbon Capture; (iii) Minerals & Metals, covering upstream and downstream activities in the space, with particular focus on transition minerals 

Industrials – coverage of a broad spectrum across aerospace & defense (civil aerospace, defense, space, naval), automotive (OEMs, suppliers, new mobility, auto tech), capital goods (automation & machinery, flow control, power and mining equipment), business services (TIC, facility management, staffing), construction & building materials, chemicals and packaging, delivered across all investment banking products through a senior banker-led European platform complemented by dedicated teams in the US and APAC 

TMT (technology media and telecoms) – Coverage spans Technology (IT Services, Software & Cloud, Payments / Processing, Hardware / Semiconductors), Media (OOH, Advertising & Agencies, Content, Entertainment & Gaming, B2B Media) and Telecom & Digital Infrastructure (Data Centres, Telco Operators, Towers, Fibre, Satellites), offering the full suite of investment banking products through a global platform with dedicated teams across EMEA and APAC 

Advisory UK – Sector-agnostic UK M&A and strategic advisory team, advising large corporates, financial sponsors and financial institutions across the full spectrum of M&A and strategic corporate situations. Coverage spans buy-side and sell-side M&A, public-to-private transactions, mergers, demergers, defense advisory, shareholder activism and situations advisory, and complex cross-border and multi-product mandates. The team delivers the full suite of investment banking products through a global platform, drawing on BNP Paribas’s sector coverage groups, financing capabilities and international network across EMEA and beyond. 

Ready to turn curiosity into impact? Join our Sectors & Advisory M&A practice and help shape our client’s strategic decisions 

The Programme Overview 

Graduate role:

This is a non-rotational role so you will join one team and stay imbedded for the duration the programme. You will work closely with many other teams across the business.

This will allow you to 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 taking on real responsibility from the start and contributing to live client projects.

This is your opportunity to develop skills, build your network, and demonstrate your potential for a permanent position following the programme.

You may only apply for one Graduate role per academic year (Global Banking- Coverage, Capital Markets or M&A, Global Markets, Technology)

What You’ll Do

• Execute live M&A deals: manage data rooms, due diligence and closing logistics.
• Research industries and target companies; produce sector overviews and comparable transaction analysis.
• Build and maintain financial models (DCF, merger model, LBO) and perform valuation/synergy testing.
• Prepare client pitch books, memoranda and board presentations.
• Assist in credit/risk assessments and draft transaction documentation (term sheets, NDAs, offers)
• Collaborate with coverage bankers, capital markets and external advisors to deliver integrated solutions.

What We’re Looking For

To join the M&A Global Banking Graduate programme, you must be completing your degree course in 2027 (or be within two years of graduating 2025-2027) and have: 

• Be fluent in English with strong written and verbal skills, additional languages are advantageous
• On track for a 2:1 degree or equivalent
• Strong interest in banking and financial markets
• Excellent analytical and numerical ability
• Organised, detail-focused and able to manage time effectively
• Strong interpersonal skills and a professional approach
• A proactive mindset and eagerness to learn
• Familiarity with financial modelling or coding (an advantage but not required)

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 
• 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). 

Equal Opportunities 

BNP Paribas is an equal opportunity employer. We are committed to ensuring fairness and preventing any form of disadvantage throughout our recruitment process. We are committed to providing a work environment that promotes diversity, inclusion and equal opportunities for all. 

Adjustments 

We are dedicated to an unbiased and inclusive hiring process to ensure all applicants are treated fairly. 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. 

An exciting opportunity has arisen for an experienced Operations Manager to join the team at one of the City of London’s most prestigious trophy assets.

This is a fantastic opportunity for a highly motivated and service-focused professional with a strong background in soft services, facilities operations, and supply chain contract management. The successful candidate will play a key role in delivering and maintaining best-in-class operational standards, while ensuring an exceptional experience for both clients, occupiers, and visitors.

Delivery of an effective and compliant facilities management service through in-house staff, suppliers and consultants, primarily focussed on soft services, within a single complex building.

20 Gracechurch Street comprises approximately 255,000 sq. ft. of prime office space arranged over 16 floors, and 43,000 sq. ft. of retail space on ground and lower ground floors. Constructed to a unique design in 1965 and fully refurbished in 2009, the property benefits from dual receptions (recently refurbished) with double height entrance off Gracechurch Street, end of trip facilities including cycle store and changing rooms, and 360-degree views of London from the tower floors.

Strategically positioned at the crossroads of the financial and insurance districts, the property lies within walking distance of Monument, Bank and Liverpool Street stations.

Responsibilities

Person specification

Qualifications/Key Skills

Key Competencies

Experience

We are proud to offer award-winning benefits to support and reward our employees:

•    Heath & Leisure: Private medical cover, 25 days annual leave + public holidays (the option of purchasing up to 5 additional days via flex benefits), health screening, gym discounts, wellbeing support, volunteering opportunities, cycle to work scheme, eye care voucher, travel & retail discounts, travel insurance, concierge service, kids pass, open fairways golf card, great company culture and social events (including sports teams, charity events, art pass), perks at work 

•    Financial: Pension, company car allowance, life assurance at 8 x basic salary, group income protection (long term disability insurance), interest free season ticket loan, bonus scheme – you will be eligible to participate in the Company’s Bonus Scheme, share incentive plan, financial and mortgage advice 

Strutt and Parker is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, colour, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

#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).

PLEASE NOTE

•    You may only apply for one Graduate Programme per academic year (Quant, Global Markets, Technology, Global Banking, 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.

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

Key Responsibilities

• Operating with full supervision by senior members of the team:
  • Participate in Technical and Business Skills Training.
  • Support senior team members with day-to-day activities.
  • Complete specific assignments. 

• The type of supervised work will depend on the team, but it may include and not be limited to the following responsibilities: 
  • eTrading Quantitative Research (e-FIC)
    • Helping to design and develop algorithmic pricing, quoting, risk management and execution tools to help automate BNPP’s 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. 
  • Data & AI Lab
    • 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.
  • Global Markets Quantitative Research (GMQR)
    • 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.
  • FX Spot Auto-Hedging
    • Helping to design and develop algorithmic pricing, quoting, risk management and execution tools to help FXLM spot 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.
  • e-Rates Quantitative Trading
    • 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.
  • Commodities Trading
    •  Studying the CTA flows in the market and building a picture around its effect on the price, volume and change in OI as it specifically relates to Metals market
    • Using the understanding developed above to build a BNP model on various time frames in order to forecast the flows and therefore the direction of the market
    • Study the feasibility of building a short term, cross asset correlation-based model to forecast algorithmic flows in the market their potential impact on the price, volumes 
    • Improving our internal Python based tool which is used in creating various reports and curve marking
    • Building a tool that will parse chat conversations as well as data from BBG in order to monitor and eventually mark the forward curves systematically 
    • Develop Gold/Silver/Copper CME options flow monitoring tool and tracking the changes on a live basis 
    • Study Precious vol as an RV vs other asset classes (FX, Rates)
    • Develop tools to trade EFP more actively.
  • FX Options – Exotics
    • 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.
  • FX Options – Electro Trading
    • 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.
    • Study dataset of client activity to improve the pricing and hit ratio.
  • Cash Equities Quantitative Research
    • Conduct research and analysis to model particular statistical features in our datasets, or to enhance existing models.
    • Work under own initiative but with readily available supervision and guidance.
    • Require attention to detail and ability to deliver information accurately and quickly to key stakeholders.
    • Build internal working relationships with, for example, Coverage and Technology teams and also more senior team members to increase their knowledge of the quantitative execution specialism.
  • Electronic FX Swap Trading
    • Design, run and monitor the FX Swap algo: pricing engine, spread and risk-management components, and client KPI optimisations.
    • Analyse and leverage client and pricing data for the FX Swap business (both voice and electronic).
    • Continuous interactions with trading, quants, sales and IT.
    • Constant improvement of the performances of the algo and adjustment of its parameters in line with the current state of the market.
  • Commodities – Electro Trading
    • There will be a strong focus on quantitative research/trading and with frequent interaction between quant traders, voice traders and IT strategists. 
    • The primary working landscape will be across execution optimization, ranging from microstructure signals to multi assets analysis.
    • The two proposed projects are as follow: 
      • Investor project: improvement of trading spread roll for BNP Paribas’ Commodities QIS (Quantitative Investment Services) business. Tasks include:
        • Price dynamics models.
        • Internalisation risk management.
        • Indices pressure analysis.
      • Execution project:improvement of the execution layer for BNP Paribas’ client franchise in Cortex CD. Tasks include:
        • Improve FV model by developing indicators.
        • Develop optimisation algorithm for the liquidation of oil residual spread positions on illiquid maturities
        • Extend the behaviour from oil to US GAS and Agricultural products
  • Prime Services – Automated Market Making
    • Understand the process of portfolio optimization in dynamic environment and predict the stock returns in different horizons with effective applications of Machine Learning methods. 
    • Participate in the design and development of 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.
    • The internship covers different aspects of analysis, research, and development:
      • Research on new quantitative strategies and back-test them.
      • Bring new strategy to production environment.
      • Improve current strategies or signals.
      • Follow the latest quantitative techniques (research papers, corporate intelligence, etc.).
  • Equity EMEA Index Exotics
    • Understand the team’s constraints and internal systems to obtain data.
    • Study existing signals to take trading positions or to hedge risks.
    • Propose more sophisticated indicators with better prediction scores.
  • Markets 360 AI Research 
    • Collaborate with the GM Data and AI Lab teams to design, implement, and optimize AI solutions for various projects.
    • Conduct independent research to identify opportunities for leveraging AI technology within the Markets 360 investment research domain.
    • Contribute to the development of systematic and industrialized AI solutions to enhance investment strategies.
    • Work closely with cross-functional teams to ensure seamless integration of AI technologies into our existing infrastructure.
    • Stay updated on the latest AI advancements and industry trends to continuously improve the Markets 360 research efforts.
  • LLM Solutions
    • Participate in designing and implementing LLM solutions across Global Markets focusing on priority use cases raised by the business. 
    • Continuously monitor and improve performance and usage of solutions across the lifecycle, analysing data to identify areas for improvement and growth.
    • Share feedback/ ideas with AI-LLM Product Team to shape future capabilities, eliminate blockers, suggest improvements, and ensure reuse of (part/all) the delivered solutions across businesses.
    • Get up to speed and keep updated with the latest AI-related technologies and market developments.

Requirements

• Degree from a leading university with an excellent academic record and in pursuit of a Master’s or PhD in a quantitative subject and equivalent work experience. 
• Good understanding of financial markets.
• Curiosity and eagerness to learn.
• Confident verbal, written communication and networking skills. 
• Proficient with MS Office tools, including Excel.
• Great organisational, multitasking and time management skills. 
• Strong analysis and judgement.
• Meticulous accuracy with a keen eye for detail. 
• Team player, proactive, independent, enthusiastic self-starter with strong interpersonal skills.
• Excellent spoken and written English. Additional languages are an advantage.
• Good programming skills (C++, Python, Java, R or other equivalent) will be needed.
• Delivery-driven mindset.

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: 12 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 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 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).

 PLEASE NOTE

•  You may only apply for one Graduate Programme per academic year (Quant, Global Markets, Technology, Global Banking 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.

 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.

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, prime brokerage services, primary and credit markets and prime solutions and financing.

We have open long term intern positions in the quant teams supporting our Business Lines (Rates, Credit, FX, Repo & Financing, Commodities 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 to assist the team with the day-to-day business activities under supervision.

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

• 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.

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 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: 8 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