London – Long Term Internship 2026 – eTrading Quantitative Research

Company Overview

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 dedicated to the development of our people.

Business Area

BNP Paribas Global Markets provides cross-asset investment, hedging, financing, research and market intelligence to corporate and institutional clients, as well as private and retail banking networks. With a sustainable, long-term business model, Global Markets connects clients to capital markets across 38 markets in EMEA, Asia Pacific and the Americas through innovative solutions and digital platforms. Clients can access a full universe of opportunities including equity derivatives, foreign exchange and local markets, commodity derivatives, rates, primary and credit markets, and prime solutions and financing.

We have open long-term intern positions in our e-FIC team.

The e-FIC team carries out quantitative research in electronic trading of Fixed Income and Currency (FX) products, with the goal of providing fully automated solutions for market making.

Job Purpose

Under supervision, the role is to assist the team with day-to-day business activities.

Key Responsibilities

• Help design and develop algorithmic pricing, quoting, risk management and execution tools to automate BNP Paribas’ FIC market making activities.
• Conduct research and analysis using historical datasets to develop models behind the automation tools.
• Coordinate with Trading, Sales and IT to support timely delivery of projects to the standards expected by all interested parties.
• Continuously improve existing models to adapt to an ever-changing market landscape.

Requirements

• A minimum of a Master’s 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 electronic markets, models and arbitrage strategies is not a prerequisite but is a strong plus.
• Delivery-driven mindset.
• Strong interpersonal skills and a proactive approach to problem solving.
• Ability to work under pressure and multi-task.
• Strong organisational skills.
• Team player.

Conduct

• Be a role model by 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, aligned with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct.

Location and Duration

• Location: London
• Duration: 6 months

Application Notes

• 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 available start dates with your interviewers.
• Unsuccessful candidates’ CVs may be shared with other teams within BNP Paribas and considered for potentially suitable roles within the relevant recruitment round.

Equal Opportunities and Adjustments

• BNP Paribas is committed to providing a work environment that fosters diversity, inclusion and equal employment opportunity without regard to legally protected characteristics.
• If you have a disability or health condition which may mean you’d benefit from adjustments or additional support, please let us know as early as possible in the process.