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Company PurposeOur company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.Our Employer Promise Is Built Around Three PillarsBeing a great place to workCommitted to sustainability and having a positive impactBeing dedicated to the development of our peopleBusiness AreaBNP 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.Job PurposeThe role is to assist senior team members in the day-to-day business activities and contribute to a variety of tasks allowing a general introduction to the business.Key ResponsibilitiesCreating and implementing the mathematical models and strategies used for pricing and market making.Predictive and statistical data modelling.Support directly Trading, Sales and Structuring on a day-to-day basis by helping analyse specific trades/risks and applying the optimal pricing model.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.RequirementsA 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 Prime Services, models and arbitrage strategies is not a prerequisite but a strong plus.ConductBe 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.And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).PLEASE NOTEYou may only apply to four Long Term Internships over the course of a year. These may be across any business area. Successful candidates for this long term internship will be considered for London ONLY.Please discuss the available start dates with your interviewers.Unsuccessful candidates’ CVs will be shared with other teams within BNP Paribas and considered for potentially suitable roles. In this way we hope to maximise opportunities for candidates and hiring teams. By submitting your CV for this role you agree to it being shared securely with other hiring teams within BNP Paribas for the relevant recruitment round.Location: LondonDuration: 12 monthsA Bit More About Why You Should Join Us We’re a great place to workWe aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits. Subject to relevant caps As the eurozone’s largest bank, we are committed to having a positive impact in the world. For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people. We believe in our peopleWe support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.Investing in our people also means we have a collaborative and inclusive culture:Direct feedback from our people shows that our internal culture sets us apart from our industry peers.Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.Equal Opportunities BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.AdjustmentsWe don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.