2023 - Summer Associate Internship - Global Markets: Quantitative Finance
BUSINESS OVERVIEW:
Our Global Markets Americas (GMA) team works with a variety of clients, including governments, multinationals, private banks and global institutions. From hedging and financing opportunities across every asset class, to research and market intelligence, our clients rely on us to develop and deliver market-leading solutions and impeccable service as standard.
Our transversal Quantitative Finance team is responsible for most aspects of quantitative research within the Global Market universe, covering Interest Rates, FX, Credit, Equity, and more. There are teams in London, New York and Asia supporting trading activities of the flow and structured desks. They are responsible for the development of pricing and risk models and their implementation in the global analytics library.
The Quantitative Finance Internship Program is rotational – you’ll gain in-depth insights and practical working experience by spending each half of your internship with two different global business lines (GBLs).
The GBLs includes Global Credit, Global Equities, Global Macro - Equity Derivatives (EQD), Foreign Exchange, Local Markets, & Commodity Derivatives (FXLM.COMM), G10 Rates, Markets 360 (Research & Strategy), Primary Credit Markets (PCM), and Prime Solutions & Financing (PS&F).
Physical presence in BNPP’s office(s) is an essential function of this position. BNPP requires all of our employees to be vaccinated in order to access its offices, subject to reasonable accommodations for reasons related to disability or religion.
WHAT YOU WILL NEED:
Our internship programs are a springboard for college students to launch their careers through exciting and intellectually stimulating opportunities.
They are highly driven, intellectually stimulating, and crafted to build your real-world capabilities. To succeed amongst our teams, we look for those with a strong academic story, sharp analytical skills, and the ability to articulate ideas well, to clients and colleagues alike.
- Graduation year of Winter 2023 – Spring 2024
- All majors accepted
- Advanced degree such as MA, MS, MFin
- Proficiency in a coding language
WHAT DOES A SUMMER 2023 INTERNSHIP WITH BNP PARIBAS LOOK LIKE?
At BNP Paribas, our people are our greatest asset, and we are committed to helping you grow from day one. The internship program is our primary source for hiring early talent into the Bank, providing you with the network and resources you need to build a successful career.
Over 10 weeks, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience. Whichever area you are placed in, you will join a team of award-winning specialists in a dynamic, collaborative environment. Through the program, interns have a distinct opportunity to gain guidance from mentors and exposure to senior leaders within the Bank.
As an Intern, you will:
- Engage in an initial induction training that will set you up to succeed, and allow you to network with your intern class across all business divisions
- Complete technical projects and collaborate with colleagues across the Bank, gaining exposure to real work in order to identify your skills and explore where your interests align
- Participate in weekly senior speaker events and roundtable discussions to gain a comprehensive understanding of financial markets and the industry
- Network with colleagues and learn about industry topics through workshops and speaker series, as well as through philanthropy and social events
Anticipated Program Dates: June 5, 2023 - August 11, 2023
IN A CHANGING WORLD, BNP PARIBAS IS YOU + US.
We truly believe that our early talent is our future: the people that accelerate innovation and provide meaningful impact to both our clients and society. You + Us encompasses our ethos as an employer; crafting experiences together, being part of a collective group and working towards a common goal. We know it matters who you work with, and that is why we are dedicated to encouraging an environment of knowledge sharing and collaboration. In starting your career here, you will be surrounded with peers and mentors who can help you develop + thrive.
CANDIDATE SUCCESS FACTORS:
Candidates will be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
- Industrious & Agile
- Collaborative & Client-Oriented
- Principled & Compliant
- Conceptual & Open
ABOUT BNP PARIBAS:
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 68 countries, with more than 193,000 employees. The Bank offers a comprehensive range of banking, investment and financial services solutions through two core businesses: Corporate & Institutional Banking and Retail Banking and Services (comprised of Domestic Markets and International Financial Services).
In the United States, BNP Paribas has built a strong and diversified presence to support its client base. The bank employs nearly 14,000 people and has had a presence in the country since the late 1800s in major cities including New York, Chicago and San Francisco.
BNP Paribas’ Corporate & Institutional Banking services corporate clients and institutional investors offering tailored solutions in financing, cash management, and advisory services to companies via Corporate Banking, in capital markets via Global Markets, and in securities custody and administration via Securities Services.
We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
BNP Paribas: The Bank for a Changing World.
FINRA Registrations Required:
None
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
No
SEC Security-Based Swap Dealer Associated Person:
No
COMPENSATION:
The annualized base salary for this position in New York, NY is $150,000.
EQUAL CHANCES & OPPORTUNITIES FOR ALL:
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.