London – Long Term Internship 2026 - Global Macro Cross-Asset Structuring Intern

Company Overview

Our 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 business offers products and services across global interest rates, credit, currency, equities & commodity markets. Global Markets helps its franchise of clients raise and invest capital effectively and manage exposure to risk. The client base comprises hundreds of corporations, institutional investors, banks, governments, and supranational organisations.

Global Macro offers a full spectrum of products across FX, Rates, and Commodities in both developed and emerging markets—from millisecond electronic trading supported by advanced AI platforms to analogue risk transfer and bespoke macro solutions.

The team develops and structures complex volatility products and derivatives to meet clients’ and the organisation’s investment objectives, proactively identifying new business opportunities and developing potential solutions.

Job Purpose

As an intern in the Public Side Global Macro Structuring team (Scope: EMEA), you will support senior team members with routine tasks related to the team’s structuring activity. You are expected to build technical expertise and gain experience creating and marketing relevant products through work with more experienced colleagues.

Key Responsibilities

• Provide entry-level support on non-complex, transaction-oriented tasks within Public Side Global Macro Structuring.
• Assist with the end-to-end marketing process by working with relevant GM teams, as well as support execution of ad hoc solutions.
• Support the development of new products and solutions, learning how to market, price, and execute them.
• Prepare and distribute periodic press and news articles on topics of interest to the team.
• Use knowledge within the team to understand technical concepts relevant to the role and develop a personal understanding of the products.
• Apply technical knowledge and best practice to day-to-day activities, and help identify potential process improvements to improve efficiency and effectiveness of support.
• Develop basic skills under the supervision of more senior staff and build strong internal working relationships within the team and with other relevant teams.
• Complete tasks with limited guidance using your initiative, with supervision readily available; may also support more complex tasks with appropriate guidance.
• Ensure accurate, timely completion of tasks with attention to detail, and succinct delivery of information to support the team.
• Comply with all applicable legal and regulatory requirements at all times.

Requirements

Essential

• Technical and broad understanding of Fixed Income & FX markets.
• Python programming experience.
• Capacity and willingness to continue developing specific technical knowledge of products.
• Ability to prioritise workload based on shifting business needs.
• Strong team player with cross-cultural awareness; able to work well with colleagues from a range of backgrounds.
• Good written and oral language skills with a strong focus on accuracy and attention to detail.
• Skilled in the use of standard computer software (e.g., Microsoft PowerPoint, Excel—VBA/Macro level—and Word).

Preferred

• Experience using financial information systems and in-house risk/pricing tools.
• University degree or comparable qualification/business experience.

Conduct

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

Location and Duration

• Location: London
• Duration: 12 months

Application Notes

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

Why Join Us (Highlights)

• Aim for work/life balance, including hybrid, flexible working, and agile (depending on role).
• Flexible benefits and health & wellbeing support, including wellbeing and mental health offerings.
• Commitment to positive impact, including Net Zero in financing and investment portfolios by 2050, and progress toward low-carbon energy production financing by 2030.
• Investment in people through training, talent programmes, mentoring, and career development, with a collaborative and inclusive culture.

Equal Opportunities and Adjustments

• BNP Paribas is committed to diversity, inclusion, and equal employment opportunity without regard to legally protected characteristics.
• If you have a disability or health condition that may require adjustments or additional support, you are encouraged to let the team know as early as possible in the process.