Risk Summer Analyst Internship null

About BNP Paribas

BNP Paribas (originally Banque Nationale de Paris), founded in 1848, BNP Paribas is a leading French multinational bank with a global presence in over 70 countries. It provides a comprehensive range of financial services to individuals, corporations, and institutions worldwide.

Your role

Business Overview

The RISK Function encompasses more than 400 professionals in the region (LatAm, Canada, San Francisco, New Jersey, and New York) and its main mission is to protect the bank. Risk is involved in credit decisions, market risk limits supervision, or operational risk. The function is located in the heart of the decision-making process and critical initiatives of the organization as well as the day-to-day of the Bank. The Risk function is broken into several departments/streams with a unique mission.

 RISK MFI (Markets and Financial Institutions):

• Ensure high-quality day-to-day management of all the market, counterparty, and liquidity risks of Global Markets.
• Advise Global Markets in a business-minded but independent way on the quality of their risk-taking and management.
• Recommend to Senior and General Management the target risk profile of Institutional and Securities Services activities, in line with the Group target risk profile.
• Manage the credit approval process and policies for Institutional clients.

RISK Corporate (Credit Risk):

• Ensure transparency of material credit risks in decision-making.
• Ensure compliance with established limits – appetite and concentration limits.
• Approve extension of credit.
• Communicate with senior management, auditors, and regulators regarding risk frameworks, key decisions, and evolution.

RISK Operational Risk Management (ORM):

• Assess the adequacy of the operational risk management set-up with regulation and group framework
• Contribute to the detection, anticipation, and response to operational risks
• Ensure the effectiveness of the Bank’s control framework by performing independent testing

RISK Independent Risk Control (IRC / Model risk management):

• Ensure high-quality model risk management framework is developed through strong model governance and model validation:
• Developing and overseeing the implementation of a framework for managing models
• Setting the model risk appetite and risk limits;

RISK Services / COO Office (Transversal Topics and Support):

• Ensure oversight of RISK processes and report on RISK activities performance and risk analytics.
• Support RISK in its transformation, automation, processes & governance.
• Support the design, development, and implementation of strategic and tactical services to support the IHC/Americas RISK Function.
• Gather and transform data into RISK information to provide internal and external stakeholders with a holistic understanding of the Bank’s current and anticipated risks.
• Develop the infrastructure (i.e. systems, models, and services) to quantify, analyze, and report risks.

Training & development

At BNP Paribas, the people are their greatest asset, and they are committed to helping you grow from day one. The internship program is their primary source for hiring early talent into the Bank, providing you with the network and resources you need to build a successful career.

Over 10 weeks, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience. Whichever area you are placed in, you will join a team of award-winning specialists in a dynamic, collaborative environment. Through the program, interns have a distinct opportunity to gain guidance from mentors and exposure to senior leaders within the Bank.

As an Intern, you will:

• Engage in an initial induction training that will set you up to succeed, and allow you to network with your intern class across all business divisions.
• Complete technical projects and collaborate with colleagues across the Bank, gaining exposure to real work to identify your skills and explore where your interests align.
• Participate in weekly senior speaker events and roundtable discussions to gain a comprehensive understanding of financial markets and the industry.
• Network with colleagues and learn about industry topics through workshops and speaker series, as well as through philanthropy and social events.

Salary & benefits

The annualized base salary for this position is $75,000.

If you are hired as a full-time employee after the internship you might receive the following benefits

• Health plans that meet your needs.
• Retirement contributions.
• Professional development & continuous learning programs​.
• Generous family leave & adoption assistance.
• Paid time off to volunteer.
• Discount & perk programs.

Career progression

At BNP Paribas, skill development is prioritized, recognizing the importance of individual growth. The acquired skills are invaluable for career longevity, guaranteeing sustained success and ongoing professional progression. Your growth is esteemed here, ensuring a supportive environment for lifelong learning and personal advancement within the company and beyond.

Work-life balance

At BNP Paribas Group, you can enjoy a balanced work-life blend with flexible hours and a time savings account for career breaks and personal planning. They also offer opportunities to bond with colleagues through sports, cultural associations, and corporate events.

Culture & vibe

BNP Paribas promotes a diverse, inclusive culture emphasizing collaboration, innovation, and integrity. With a focus on employee well-being and professional growth, it fosters a supportive environment. Committed to sustainability and corporate responsibility, it cultivates purpose and community.

About you

What you will need:

They are highly driven, intellectually stimulating, and crafted to build your real-world capabilities. To succeed amongst their teams, they look for those with a strong academic story, sharp analytical skills, and the ability to articulate ideas well, to clients and colleagues alike.

• Graduation year of Winter 2025 – Spring 2026.
• All majors accepted.
• Excel skills preferred.
• Quantitative/business experience preferred.
• Project management knowledge.
• Interest in capital market or credit activities.
• Interest in the financial industry.
• Good knowledge of Microsoft Suite and other communication tools.
• Not afraid to be challenged by new subjects or experts.

Sources

The following sources were used in researching this page:

• group.bnpparibas/en/careers/
• us.bnpparibas.com
• youtube.com
• usa.bnpparibas/en/homepage/join-us/our-benefits