Logo of Huzzle


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

Logo of BNP Paribas

BNP Paribas


1mo ago

🚀 Off-cycle Internship


AI generated summary

  • You must have a Master's or PhD in a quantitative field, strong programming skills, data manipulation experience, and an interest in financial markets and quantitative finance. Experience with electronic markets is a plus.
  • You will create and implement pricing models, support trading and sales, manage risk and validate models, and be involved in regulatory topics and market risk capital models.

Off-cycle Internship

Banking & Finance•London


  • We have open long term intern positions in the quant teams supporting our Business Lines (Rates, 
  • Credit and FX).
  • The Rates, Credit and FX quantitative research teams are responsible for the development of 
  • pricing and risk management models for Trading and Sales. They have daily exposure to structurers, 
  • traders, sales as well as our technology and risk management teams.


  • A minimum 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

Education requirements


Area of Responsibilities

Banking & Finance


  • 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.


Work type

Full time

Work mode