Global Macro Digital Long Term Internship London 2024

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.

BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.

Business area/dept overview

Global Markets is BNP Paribas’ capital markets business within the Corporate & Institutional Bank (CIB), delivering solutions across asset classes, and industry-leading services for clients including Institutional, corporate, private banks and retail distribution networks.

Global Markets encompasses seven global business lines; G10 Rates, Equity Derivatives, Forex & Local Markets, Commodity Derivatives, Credit, Prime Solutions & Financing and Primary Markets, helping their franchise of clients find effective ways to raise and invest capital as well as manage their exposure to risk.

Global Markets is made up of over 3,700 staff globally based in EMEA, the Americas and Asia Pacific, with the main trading floors located in London, Hong Kong, New York, Paris, Singapore and Tokyo.

Purpose of role

Purpose: In partnership with marketers and trading, the Digital role helps deliver the Digital component of the overall client strategy across Global Macro. To work in coordination with the Global Macro sales & trading teams in executing the GBLs electronic and digital strategy.

Scope: Global Macro – across all teams (Sales and Trading Globally)

Key responsibilities of role

• Developing and marketing the digital platform and BNPP digital tools capabilities across Global Macro.
• To work in coordination with the Global Macro sales & trading teams in executing the GBLs electronic and digital strategy.
• To monitor client activity – prepare various analysis and dashboards using Client data, activity statistics, overall performance across tools – and work with product managers, sales and trading teams to increase client activity on the platform and set development plans and delivery.
• Develop understanding of industry trends on digital topics to ensure our FX business remains cutting edge.
• Work with the distribution teams, product specialists and IT to understand and optimize front to back workflows.
• Directing contribution to BNPP operational permanent control framework.
• Understanding and valuing all business and transaction related risks, including market, credit, operational, compliance, legal, regulatory and reputation risks.

Experience, qualifications and competencies

The Macro Digital role is expected to demonstrate the below listed skills and competencies at least at basic level.

Behaviour skills

Ability to deliver / Results driven:

• Delivers tasks fully completed on time, based on objectives fixed.
• Where relevant, works without supervision and asks for help and feedback when necessary.

Resilience:

• Has confidence in their own ability in relation to their daily duties and is aware of their own capabilities and limitations.
• Remains composed when facing challenges.

Creativity & innovation/ problem solving:

• Takes interest in implementing new or innovative ideas, solutions, approaches and methods, testing them and suggesting improvement when relevant.
• Shows curiosity in order to develop new ideas and different approaches.
• Contributes to brainstorming sessions in order to find creative solutions or generate new ideas.

Client focused:

• Values positive and negative feedback from both internal and external clients. Takes necessary actions to either improve their client support/response or escalate to the appropriate person/service.
• Is available and pleasant; understands clients’ needs and provides answers within their perimeter of responsibilities.

Proactivity:

• Takes into account the context of different circumstances to find opportunities and propose answers.
• Actively identifies different types of development plans and is able to adjust and implement new practices accordingly.
• Finds ways to learn more about topics directly related to their work, by being aware of the trends and main changes in their field of expertise.
• Go the extra mile, additional reading, learning something new, ask questions if unsure, all helps to enhance career development.

Transversal Skills

Analytical Ability:

• Understands and selects information that is useful for performing the job.
• Based on various data sources, can break down a problem into simple and complementary elements.
• Identifies links or patterns between elements/situations/information.

Ability to develop and leverage networks:

• Work towards developing and maintaining a network of relationships internally and externally that they can contact to get help or support.

Ability to set up relevant performance indicator:

• Knows and uses key performance indicators.
• Is able to produce simple indicators on their activity and scope.
• Produces charts that are compliant to the company’s rules and norms to identify significant gaps in terms of performance.

Ability to develop and adapt a process:

• Able to adapt simple existing processes within their scope of action.

Business Skills

• Data Mining & Processing
• Disruptive Innovation
• Business / IT relationship

Market, Product & Business

• Is genuinely interested in financial markets and continually learning and staying abreast of new developments. Evidences a good appreciation of economics and market dynamics, with enough understanding to present views on market conditions and trends.

Business Risk

• Demonstrates a good awareness of risk and fundamental risk concepts. Always considers risk in his/her daily activities and abides by the Key Front Officer Responsibilities and Guidelines.
• Understands the market, credit, operational, compliance, legal, regulatory and reputational risks of transactions he/ she manages.

Conduct

• Corporate role model, integrity & ethics – Acts with discipline and high ethical standards.
• 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, partners and clients before making decisions, and escalate issues to your manager when unsure.