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BNP Paribas Corporate & Institutional Banking (CIB) is a leading European investment bank with global leadership in many of our businesses. We are part of the BNP Paribas Group, a financial institution with solid foundations and a proven ability to adapt to change. If you are thinking about a career in investment banking, there is no better place to begin your journey than with BNP Paribas CIB. With nearly 30,000 employees in over 55 countries, we can offer you an exciting start to your career.
At BNP Paribas CIB, we work continuously on behalf of our clients, helping them to realize their projects around the world. You can be an important part of this, helping us to serve our clients both in mature and emerging markets, providing them with financial solutions across a diverse range of expertise, products and services. Our origins lie in Europe but nearly a quarter of our employees now works in our multi-award-winning Asia Pacific offices and we are a committed player in all markets.
Strong risk management, combined with the stability that comes from being part of one of the largest banking groups in the world, underpin our success. Joining us, you’ll become an integral part of a dynamic team that spans nationalities, cultures and backgrounds, drawing together people from around the globe and reflecting our commitment to international placements.
About Global Markets
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 institutionals, corporates, private banks and retail distribution networks.
Global Markets encompasses five global business lines;
- G10 Rates,
- Equity Derivatives (“EQD”),
- FXLM & Commodity Derivatives,
- Prime Solutions & Financing, and
- Primary & Credit 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.
As part of the Insurance Solutions Structuring business unit, the structuring team works closely with the sales and trading team to execute transactions and offer new solutions to our insurance and pension fund clients as well as private equity funds.
What you’ll do
As part of the Insurance Solutions structuring team the successful applicant will be involved in the following:
- contribute to the development, the origination and structuring of products and solutions to insurance clients, pension funds and private equity funds active in insurance M&A.
- analyse client needs, perform quantitative analysis of investment needs and asset allocation shifts, ALM hedging needs (risk and cash-flow modelling) and capital requirements.
- assess the relevance of solutions for such needs and study in details Insurance M&A targets.
- elaborate marketing materials and key client pitches.
- provide a market watch of insurance consolidation, regulatory changes affecting insurers and pension funds and market trends in insurance on capital, investment and hedging/ALM topics, insurance consolidation and portfolio transfers, accounting and Solvency II regulatory topics.
- interact closely with Sales and other structuring teams on preparing pitching materials for client meetings.
The team offers a unique
The team is an excellent entry point into the global markets activities, offering opportunities to have contacts and liaise with different businesses (trading, sales, structuring, research), notably for structured products, and other teams within the investment bank (M&A, coverage). The team has a cross-asset mandate and this opportunity provides a large spectrum of exposure and a variety of experience, from product development to transactions, from business as usual deals to more complex and innovative mandates, with financial sponsors and M&A-related opportunities.
The job is based in London and has a European focus, across the main jurisdictions.
Competencies required for the role
- Excellent academic record from top university or equivalent with a strong preference for a degree in a quantitative subject.
- Strong interest in and good understanding of the financial markets.
- Fluent in English.
- Good communication skills.
- Excellent quantitative and analytical skills.
- Project management ability, independence and self-drive.
- Previous experience in financial markets is highly desirable, knowledge on insurance is a plus but not necessary.
Conduct
- 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
