# 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 2026-06-26; applications close 2026-08-25. **Apply**: https://group.bnpparibas/en/careers/job-offer/london-long-term-internship-2026-market-risk Posted 25d 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 - 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. ## Role Overview The role is to assist senior team members in day-to-day activities and contribute to a variety of tasks, providing a general introduction to RISK MFI and Global Markets. The role will focus on one or more asset classes among equities, rates, credit, FX, and commodities. ## Main Responsibilities (MLR Team) ### Business line leadership - Serve as a centre of expertise and point of contact for the business line, providing a holistic view of risks and activities and 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 - Anticipate, detect, monitor, analyze, and provide opinions on market and issuer risks. - Identify and review hidden risks and potential threats, and provide clear views and recommendations for risk-mitigating actions. - Escalate to RISK and business management. ### Risk control framework - Design and continuously improve the market risk control framework, including risk analysis tools, limits, and stress testing. - Maintain a holistic view on valuation and capital metrics and escalate issues or concerns in these areas. ## Specific Processes Managed by the Role - Act as the point of contact for Global Markets (GM) on one or more asset class market risk topics. - Articulate main risks and provide risk opinions to management. - Review and provide opinions on information and views provided by GM. - Understand the valuation, capital, funding, and liquidity impact of the business line. - Provide support as a business-line expert to other RISK teams. - Understand business-line valuation models and methodologies; escalate weaknesses and concerns. - Understand the market risk capital framework; escalate weaknesses and concerns. - Perform market risk analysis of structured/complex transactions. ### Risk Anticipation and Detection - Understand the valuation, risk, and P&L of business line activities in the context of current, past, and potential market conditions. - Chair Main Positions meetings and other forums with Trading, providing independent risk analysis and opinion, escalating risk topics, and challenging the business view. - Provide accurate and appropriate risk information and opinion to the FMRC (senior risk management) and other senior management forums; escalate risk topics to senior management as needed. - Perform in-depth, ad hoc analysis, formulate an opinion, and escalate as needed, while judging priority across all market risk topics affecting the business line. ### Risk Control Framework - Analyze risk within the business line using available tools, drive improvements to those tools, and ensure risks are adequately understood even when tools or data are inadequate. - Set and ensure timely review of market risk limits in line with the framework. - Provide support for IPV methodologies and control of non-tradable/exotic market parameters. - Review and approve the market risk of exceptional transactions. - Approve amendments to trading mandates for French Banking Law/Volcker Rule desks. - Define 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 and written communication skills, with strong networking abilities. - 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 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 (alignment with the Bank’s strategy, commitment, work ethic, integrity, and Code of Conduct). ## Location and Duration - **Location:** London - **Duration:** 22 months ## Internship Details - You may apply to four Long Term Internships over the course of a year (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 order to maximise opportunities for candidates and hiring teams. ## Why Join Us (Highlights) ### Great place to work - Aim for optimal work/life balance, including hybrid working, flexible working, and agile working where role-dependent. - Award-winning flexible benefits and health & wellbeing strategy, including generous holiday allowance and a 12% non-contributory pension (moved to sustainable investments where applicable), along with comprehensive wellbeing and medical support. - Key onsite services and facilities in London, including physiotherapy, nutrition, massage therapy, seasonal flu vaccinations, and a free onsite fitness centre. ### Positive impact - Committed to Net Zero in all financing and investment portfolios by 2050, with 80% of energy production financing low carbon by 2030. - Four volunteering days each year, with volunteering across the UK and support for young people. ### Development and inclusive culture - Support for skills development through training offerings, talent programmes, mentoring, and career days. - Collaborative and inclusive culture, with professional networks including Women in Global Markets and other diversity and inclusion groups. ## Equal Opportunities and Adjustments - BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity. - 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 in the process as possible. ## Applying to this role This London – Long Term Internship 2026 - Market Risk role at BNP Paribas runs through the firm's own careers portal and expects a CV and cover letter written specifically for the posting, not a portable submission carried across firms. Jorb AI's application agent tailors a CV and cover letter from your background to this posting and tracks the role alongside the rest of your applications. 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