London – Long Term Internship 2024 – Rates, Credit & FX Quantitative Research

BNP Paribas

Aug 17

Applications are closed

Internship
Full-time
Off-cycle Internship
Research & Development
Banking & Finance
London

Requirements

Mminimum of a Masters 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

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 model
Pricing, risk management and relative value for flow, exotic 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 such as FRTB or MIFID II
Interaction with risk teams for market risk capital models such as VaR, Stressed VaR, IRC, CRM or IMM.

BNP Paribas

The bank for a changing world

Finance

Industry

10,001+

Employees

1848

Founded Year

Mission & Purpose

more than 190,000 employees, including more than 145,000 in Europe. BNP Paribas holds leading positions in its three major operating divisions: ⚆ Commercial, Personal Banking & Services for all the Group’s retail banking networks and several specialised businesses, including BNP Paribas Personal Finance and Arval; ⚆ Investment & Protection Services for savings, investment and protection solutions; ⚆ Corporate & Institutional Banking, which is focused on corporate and institutional clients. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and Investment & Protection Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.