# London – Long Term Internship 2026 - Market Risk [BNP Paribas](https://www.jorb.ai/firms/bnp-paribas.md) · London · United Kingdom · [Risk & Compliance](https://www.jorb.ai/jobs/risk-compliance.md) BNP Paribas is hiring a London – Long Term Internship 2026 - Market Risk in London. Posted 2026-04-24; applications close 2026-06-23. **Apply**: https://group.bnpparibas/en/careers/job-offer/london-long-term-internship-2026-market-risk Posted 3d ago. ## Role details ## Company Purpose Our 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 pillars: being a great place to work, committed to sustainability and having a positive impact, and being dedicated to the development of our people. ## Business Area This role is within RISK Markets and Financial Institutions (RISK MFI) - Analysis & Decisions (A&D) - Market & Liquidity Risk (MLR) team. This team covers the market risks generated by Global Markets (GM) activities across the main asset classes: equities, rates, credit, FX and commodities. ## Main responsibilities of MLR team - Business line leadership — Centre of expertise and point of contact for the business line, able to provide a holistic view of risks and activities, escalating issues as appropriate. Understand the application of processes under the responsibility of other RISK MFI teams to the business line. - Risk anticipation and detection — Anticipation, detection, monitoring, analysis, and opinion on all market and issuer risks. Early identification and in-depth review of hidden risks and potential threats, concluding with a clear view and recommendation for risk mitigating actions. Escalation to RISK and business management. - Risk control framework — Design and continuous improvement of the market risk control framework including risk analysis tools, limits and stress testing. Holistic view on valuation and capital metrics, escalating issues or concerns in these areas. ## Job Purpose The role is to assist senior team members in day-to-day activities and contribute to a variety of tasks allowing a general introduction to the business of RISK MFI and Global Markets. The role will focus on one or more asset classes among equities, rates, credit, FX and commodities. ## Specific processes managed by the team ### Business line leadership - Point of contact for Global Markets (GM) on one or more asset classes market risk topics. - Articulation of main risks and risk opinion to management. - Review of and opinion on information and views provided by GM. - Understanding valuation, capital, funding, and liquidity impact of the business line. - Provide support as business-line expert to other RISK teams. - Understand business-line valuation models and methodologies and escalate weaknesses and concerns. - Understand market risk capital framework and escalate weaknesses and concerns. - Market risk analysis of structured/complex transactions. ### Risk anticipation and detection - Understanding the valuation, risk and P&L of business line activities in the context of current, past and potential market conditions. - Chairing Main Positions meetings and other forums with Trading, providing independent risk analysis and opinion, escalation of risk topics, and challenge to the business view. - Providing accurate and appropriate risk information and opinion to the FMRC (senior risk management) and other senior management forums. Escalating risk topics to senior management as needed. - Performing in-depth, ad hoc analysis, formulating an opinion and escalating as needed, while judging priority, on all market risk topics affecting the business line. ### Risk control framework - Analyzing risk within the business line with the tools available, driving the improvement of these tools, and ensuring that risks for which tools or data are inadequate are nevertheless adequately understood. - Setting and ensuring timely review of market risk limits in line with framework. - Provide support of IPV methodologies and control of non-tradable/exotic market parameters. - Review and approval of the market risk of exceptional transactions. - Approval of amendments to trading mandates for French Banking Law/Volcker Rule desks. - Definition of risk measurement methods such as stress tests, regulatory measures, and VaR methodologies. - Contribute to French Banking Law/Volcker Rule control plans. ## Key Responsibilities - Support senior team members with day-to-day activities as described in the Job Purpose. ## Requirements - Degree from a leading university with an excellent academic record; or equivalent work experience. - Good understanding of financial markets. - Good knowledge of options principles (trading, risk management) and derivatives markets (products and markets). - Curious and eager to learn. - Confident verbal, written communication and networking skills. - Excellent spoken and written English. Additional languages are an advantage. - Proficient with MS Office tools, including Excel. Python/R/VBA preferred. - Great organisational, multitasking and time management skills. - Team player, proactive, independent, enthusiastic self-starter with strong interpersonal skills. ## 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. - Embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct). ## Please Note You 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 may be shared with other teams within BNP Paribas and considered for potentially suitable roles. 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 London ## Duration 22 months ## A Bit More About Why You Should Join Us - **We’re a great place to work** — We aim for optimal work/life balance (hybrid, flexible, and agile where role allows). We offer an award-winning flexible benefits and health & wellbeing strategy, including: - Generous holiday allowance of at least 26 days (plus bank holidays) with an option to buy and sell holidays - Valuable financial plans — a 12% non-contributory pension with sustainable investments, life assurance, income protection, and personal accident insurance - Extensive wellbeing and mental health offerings — private medical, dental cover, wellbeing app, CBT support, subsidised gym memberships, health assessments including genetic testing, Private GP services, EAP, menopause & fertility support, neurodiversity assessment and support - Key onsite services in London — physiotherapy, nutrition, massage therapy, mental health first aiders, flu vaccinations, and free onsite fitness centre - Additional benefits — emergency back-up care for dependants, green car leasing, season ticket loan, and more - **Positive impact** — As Europe’s largest bank, we are committed to Net Zero in financing and investment portfolios by 2050, with 80% of energy production financing being low carbon by 2030. We also offer four volunteering days per year; in 2023, over 18,000 hours of volunteering supported 4,500+ young people. - **People development** — We provide comprehensive training, mentoring, career days, and tools to help employees progress. In 2023, nearly half of UK CIB positions were filled internally. We foster a collaborative and inclusive culture with diverse networks for inclusion. ## Equal Opportunities BNP Paribas is committed to a diverse, inclusive, and equal employment opportunity environment. We do not discriminate on age, disability, gender identity, marital status, pregnancy, race, religion, sex, sexual orientation, or any other legally protected status. Adjustments are available for applicants with disabilities or health conditions; please indicate needs early in the process. #LI-Onsite ## More open roles at BNP Paribas - [V.I.E - ALM Treasury Officer, Hong-kong , H/F](https://www.jorb.ai/jobs/69eb3a726c188481d064c0d6.md) — Hong Kong, posted 3d ago - [2026 APAC Long Internship (Jun-Dec) – Global Markets, Regulatory Affairs & Projects- Singapore](https://www.jorb.ai/jobs/69eb3a726c188481d064c07f.md) — Singapore, posted 3d ago - [London – Long Term Internship 2026 – Credit E-Trading](https://www.jorb.ai/jobs/69eb3a726c188481d064c094.md) — London, posted 3d ago - [2026 APAC Long Internship (Jun -Dec) – Global Markets, Transversal- Trading Risk, Resources and Strategy- Credit Risk- Singapore](https://www.jorb.ai/jobs/69eb3a726c188481d064c09d.md) — Singapore, posted 3d ago - [London – Long Term Internship 2025 – Automated Client Execution](https://www.jorb.ai/jobs/69eb3a726c188481d064c09f.md) — London, posted 3d ago --- Updated: 2026-04-27 Canonical: https://www.jorb.ai/jobs/69eb3a726c188481d064c0e6