# London – Long Term Internship 2026 – Credit E-Trading [BNP Paribas](https://www.jorb.ai/firms/bnp-paribas.md) · London · United Kingdom · [Sales & Trading](https://www.jorb.ai/jobs/sales-trading.md) BNP Paribas is hiring a London – Long Term Internship 2026 – Credit E-Trading in London. Posted 2026-07-11; applications close 2026-09-09. **Apply**: https://group.bnpparibas/en/careers/job-offer/london-long-term-internship-2026-credit-e-trading Posted 10d 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 dedicated to the development of our people. ## Business Area BNP Paribas’ Global Markets business offers a broad range of products and services in the global interest rates, credit, currency, equities & commodity markets. Global Markets helps its franchise of clients raise and invest capital effectively and manage their exposure to risk. The client base comprises hundreds of corporations, institutional investors, banks, governments, and supranational organisations. FICC is a leading global franchise servicing Institutional and Corporate clients—from credit origination and syndication to secondary market trading on credit, FX, rates, and commodities in both developed and emerging markets. The Global Credit EMEA trading desks cover the entire credit trading spectrum, providing liquidity to clients through market making credit products, offering tailored solutions, and supporting funding of credit collateral. The Credit Flow trading EMEA business provides market access and liquidity through market making of Corporate Bonds, Leveraged Loans, ETF, and Credit Derivatives (single names or Indices). Credit E-Trading incorporates Single Bond RFQ Market Making, Portfolio trading, ETF Market Making, and ETF Creation/Redemption across EUR/GBP/EM IG and HY Bonds. ## Job Purpose BNP Paribas Credit Market Making Algorithmic framework provides liquidity on MTFs and regulated exchanges directly to BNP Paribas Institutional and Hedge-Fund clients. Algo Traders continuously create and optimize strategies, automatons, and algorithms to improve liquidity provision across a wide spectrum of underlying asset classes and markets. The Credit E-Trading Intern will work as part of a team of senior traders, responsible for making markets and managing the technical platform that enables them to do so. This role requires a blend of trading and technical expertise, including product knowledge, high-performance coding, and an understanding of a complex and ever-evolving technical platform. It is a fast-track to gaining the level of expertise necessary to generate the next technology evolutions, as well as strategies and algorithm ideas. The intern will focus on different quantitative research subjects of statistical arbitrage. Using both fundamental and price-dynamic data, they will apply statistical/machine learning methods to create insights from data and generate meaningful signals for credit spread movement—by analyzing different aspects from dataset denoising to feature extraction. The role is to assist the team with day-to-day business activities under supervision. ## Key Responsibilities - Support Algo Traders in the continuous improvement of BNP Paribas’ Credit Electronic Market-Making infrastructure. - Support Algo Traders in monitoring activity (positions, flows, instantaneous market risks, infrastructure sanity) for the Algo. - Under the direct guidance of Senior Algo Traders, report and escalate to line management and manage day-to-day activities with high-level expertise in the product for which they are responsible. - With support from Algo Traders and Strategists, develop and maintain algorithms and models. - Provide market liquidity through market making and hedge accordingly. - Monitor market news and events and evaluate risks and opportunities for positions and strategies. - Ensure proper booking in the system, monitor front-to-back chain, and control operational risk. - Conduct research on new quantitative strategies and back-test them. - Bring new strategies into the production environment and improve current strategies. - Follow the latest quantitative techniques (research papers, corporate intelligence, etc.). - Enhance P&L source diversification by using all available resources to maximize revenue. - Perform necessary backup to ensure business continuity. - Ensure trading is aligned with market risks and local limits. - Propose enhancements to minimize potential operational risks. - Ensure trading strategies are fully compliant with BNPP Compliance and Conduct framework. - Provide reports on research projects (timeline, documentation, etc.). - Provide trading reports on the Desk’s market making activity (risk analysis, exposures, etc.). - Share research projects and experience with other Algo Traders. - Directly contribute to the BNP Paribas Control framework. - Work as a team. ## Requirements - Strong education in Statistics, Mathematics, or Computer Science—understanding how machine learning works beyond using techniques as a “black box.” - Strong knowledge of machine learning techniques (classification, regression, natural language processing via standard statistical models or neural networks). - Good programming skills, preferably Python. - Delivery-driven mindset. - Strong interpersonal skills and proactive approach to problem solving. - Ability to work under pressure and multitask. - Strong organizational skills. - Team player. - Conduct: be a role model who supports and fosters a culture of good conduct; demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks; consider the implications of actions on colleagues; and embody and practice Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity, and Code of Conduct). ## Notes on Application - 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 will 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 and Duration - Location: London - Duration: 6 months ## Why Join Us ### 1. A Great Place to Work - Aim for optimal work/life balance (role-dependent), including hybrid working, flexible working, and agile working. - Award-winning flexible benefits and health & wellbeing strategy, including generous holiday allowance (at least 26 days plus bank holidays, with options to buy/sell holidays). - Valuable financial plans, including a 12% non-contributory pension moved to sustainable investments (with relevant caps), life assurance, income protection, and personal accident insurance. - Extensive wellbeing and mental health offering, including advanced private medical scheme options, dental cover, wellbeing app, CBT support, subsidised gym memberships, health assessments (including genetic testing), Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support, neurodiversity assessment and support. - Key onsite services and facilities in London, including physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations, and a free onsite fitness centre. - Additional benefits such as emergency back-up care for dependants, green car leasing, season ticket loan, and other benefits. ### 2. Positive Impact - Commitment as the eurozone’s largest bank to having a positive impact in the world. - Commitment to Net Zero in all financing and investment portfolios by 2050, and by 2030, 80% of energy production financing will be low carbon. - Empowering people through volunteering: four volunteering days each year, with over 18,000 volunteering hours across the UK and over 4,500 young people reached (as stated for 2023). ### 3. Development and Inclusive Culture - Support to develop skills for an ever-evolving world of work, through comprehensive training, talent programmes, mentoring, career days, and inhouse career tools. - Internal progression: nearly half of positions in UK CIB filled internally (as stated for 2023). - Collaborative and inclusive culture, supported by professional networks and groups, including Pride, Ability, MixCity, Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network, and Parents & Carers Network. ## Equal Opportunities BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status. ## Adjustments BNP Paribas supports candidates who may benefit from adjustments or additional support during recruitment. If you have a disability or health condition, please let them know as early as possible in the process. ## Applying to this role This London – Long Term Internship 2026 – Credit E-Trading 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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