London - Long Internship 2026 - Risk Analyst

Company Overview

Our company’s 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; committing to sustainability and having a positive impact; and being dedicated to the development of our people.

Business Area

The RISK SGCP UK team is a local function providing General Management, Corporate and Institutional Banking (CIB), and Retail Banking & Services (CPBS/IPS) entities, with a UK-focused independent view and analysis of key risks. This includes coordination and support across business development and risk matters, stakeholder engagement with supervisors (in particular the PRA), monitoring of the UK managed portfolio, preparation of portfolio risk analyses, monitoring and consolidation of Risk Appetite Statement metrics, and gathering and preparing risk information for internal and external stakeholders.

The team also coordinates UK perimeters across Asset and Liability Management and Treasury, Operational Risk, Transactions and Electronic Trading, Data Protection, and related areas. The RISK SGCP UK team reports to the UK Chief Risk Officer and the Head of RISK SGCP Globally, and works closely with RISK UK Regulatory Strategy for monthly and quarterly contributions and supervisory requests, as well as with RISK MFI Platform Management Information for alignment on key metrics for credit and counterparty risks, especially for Hedge Funds and Secured Financing Transactions.

The RISK SGCP UK team is composed of 1 manager and 4 risk analysts, including a graduate/long-term intern.

Job Purpose

RISK SGCP UK maintains a Management Information (MI) framework, including animating the Risk Committees and Risk Executive Committees for both UK CIB and UK CPBS/IPS and producing MI reporting. The team also contributes to MI reporting for the Executive Committees (notably the London Branch Executive Committee) and supports external reporting, including submissions to the PRA and external auditors.

Scope: UK

Key Responsibilities

• Contribute to the compilation of reports and analyses for UK Corporate and Investment Banking (CIB) dashboards and committees.
• Prepare and perform data analysis for the UK managed portfolio across Corporates, Corporates Securitisation, Financial Institutions, and Funds (including Hedge Funds), covering both aggregates and sub-perimeters/sub-portfolios by rating grades (IG, NIG, WL, DD), economic sectors, maturity, and other relevant dimensions.
• Prepare and perform data analysis for dedicated sub-perimeters/portfolios such as Regulated Utilities, Commercial Real Estate and REO/NPL, Leveraged Lending, ABS and CLO warehouses, Liability Driven Investment funds, Pension Funds, Hedge Funds and Higher Risk Funds, Private Equity NAV loans, and Capital Calls (subscription finance).
• Monitor monthly dynamics of current exposure, Potential Future Exposure (PFE), and Transversal Stress Testing across different aggregation levels.
• Monitor quarterly dynamics of Risk Weighted Assets, Provisions, Cost of Risk, Credit Stress Testing, ESG assessments, Origination, and related metrics across different aggregation levels.
• Contribute to the calibration of London Branch RAS metrics and the annual Risk Identification and Assessment exercises.
• Work closely with other RISK and Business teams and represent RISK SGCP UK in relevant committees when invited.
• Contribute to the compilation of reports and analyses for the Retail Banking & Services (CPBS/IPS) UK perimeter, in collaboration with CPBS/IPS contributors.
• Support ad-hoc requests from external stakeholders (e.g., UK Regulators) and internal teams (e.g., focus papers on specific areas), when requested.
• Proactively share insights linking market and supervisory developments, the UK managed portfolio, business strategy, and related themes.
• Maintain desk-level producers and data quality controls for Business As Usual (BAU) activities.
• Ensure accuracy of reports delivered and contributed to by performing control checks and careful review of report data and content.
• Contribute to automation initiatives using Python and Power BI.
• Support wider reporting alignment and Group/UK projects, as needed.
• Identify opportunities to improve and enhance existing reports through proactive improvements, efficiencies, and responses to internal or external recommendations—particularly by improving and automating data extraction, analysis, and presentation.

Requirements

Education and Certifications

• Degree from a leading university with an excellent academic record (preferred: PhD, MSc, etc.).
• Preferred certification: FRM (Financial Risk Manager, GARP).

Essential Skills and Experience

• Strong understanding of financial markets. Core RISK SGCP UK functions are transversal across credit risk, credit and counterparty risk, market risk, and supervisory risks, and to a lesser extent liquidity risk, operational risk, model risk, etc.
• Confident verbal and written communication and networking skills, including the ability to synthesise information, share key insights, and build internal relationships to support team objectives and personal career objectives.
• Proficiency in MS Office tools, especially Excel and PowerPoint. Many monitoring and analysis activities rely on Python or VBA automated extractions from systems and the production of spreadsheets for analysis and data quality controls.
• Excellent spoken and written English (additional languages are an advantage).
• Programming skills (Python or VBA; basic to intermediate) to continue developing automation initiatives.
• Ability to deliver/results driven (basic); collaboration/teamwork (proficient); ability to synthesise and simplify (basic).

Preferred Skills

• Curiosity and eagerness to learn, including an ability to investigate Group initiatives, developments, models, and methodologies and liaise with relevant teams across BNP Paribas.
• Strong organisational, multitasking, and time management skills, including the practice of taking written notes during meetings to enable cross-team information sharing.
• Strong analysis and judgement with creativity, innovation, and problem-solving skills (basic).
• Personal impact and ability to influence (basic); ability to manage or facilitate meetings or committees (basic).

Conduct

• Act as a role model and help foster a culture of good conduct.
• Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks.
• Consider the implications of your actions on colleagues.
• Embodiment and practice of Group values, aligned with the Bank’s strategy, commitment, work ethic, integrity, and Code of Conduct.

Additional Information

• Long term internships: You may apply to a maximum of four long term internships over the course of a year (across any business area).
• Location: Successful candidates for this long term internship will be considered for London only.
• Start dates: Please discuss available start dates with your interviewers.
• CV sharing: Unsuccessful candidates’ CVs may be shared with other teams within BNP Paribas and considered for potentially suitable roles.

Location and Duration

• Location: London
• Duration: 12 months