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Market Risk Internship (12 Months)

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Natixis Corporate & Investment Banking

Dec 27

Applications are closed

  • Internship
    Full-time
    Placement Program
  • Data
    Software Engineering
  • London

Requirements

  • A quantitative background in science, maths or engineering
  • Financial market knowledge on derivative products for commodity asset class
  • Excellent knowledge of Excel spreadsheets creation / maintenance, VBA and SQL
  • Good presentation and synthesis skills
  • Detailed oriented and ability to work independently with ability to communicate efficiently (orally and by writing)
  • Strong knowledge of current financial regulations is a plus
  • Knowledge of Sophis Commodity is a plus

Responsibilities

  • Sandbox monitoring:
  • Ensuring at any point in time, for Market Risk ecosystem, the appropriate exhaustive, consistent and up-to-date vision of its bounds. This includes in particular monitoring of the IMA/SA perimeters, the list of portfolios falling in the Trading book and the Banking book, the scope of responsibilities of Market Risk with regards to its various duties (monitoring of risks, P&L production/certification, scope of application of existing SLAs - notably BPCE; CC production and analysis, etc…).
  • Repositories:
  • Administration of all repositories for which Market Risk leads the governance
  • Liaising with the Data Office for the global follow up of repositories
  • Data quality:
  • Operating the data quality control of BOP (“Base des Opérations”)
  • Responsible for the methodology and the consistency of the data quality control applied on Market Risk ' scope
  • Econometrics:
  • The review of the Risk factors used for the VaR computations;
  • Various production (daily/weekly/monthly) processes in the context of the MC VaR, Historical VaR, RIM and related controls, updates and reportings
  • Independent Price Verification:
  • Market data:
  • Effective (control rules are customized and performed dynamically),
  • Automated (implemented in “MDM” and “You Price”) and
  • Documented (data is certified, auditable and procedures available).
  • Static data:
  • Creation: set up instruments (bonds, equities, options, futures, EMTN…),
  • Amendment, parameterization, corporate actions monitoring: keep data up-to-date all along its trading cycle, keep instruments up-to-date, verify cash-flows and schedules in FO tools based on settlements (match the flows received/paid by BackOffice),
  • Dynamic data:
  • Collect and feed market data to FO calculation systems,
  • Valuation & Observability:
  • Guaranteeing the marking and the complete review of parameters implied from Totem prices consensus or other market prices and defining the guidelines and best practices for the exposures to be covered.
  • Transverse:
  • Contribute to important transverse duties at the Data Piloting Center level including:
  • The leadership of all market data initiatives inside the FRTB Project
  • Global transversal view of the data general monitoring and control set up for Market Risk

Natixis Corporate & Investment Banking

Finance
Industry
5001-10,000
Employees
2006
Founded Year

Mission & Purpose

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide. Our teams of experts in around 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business. As part of the Global Financial Services division of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A, Moody's: A1, Fitch Ratings: AA-, R&I: A+).

Benefits

  • Pension Plan

  • Work From Home

  • Health Cash Plan

  • Sick Pay