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 supervising 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 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
- Develops the infrastructure (i.e. systems, models and services) to quantify, analyze and report risks
WHAT YOU WILL NEED
Our internship programs are a springboard for college students to launch their careers through exciting and intellectually stimulating opportunities.
They are highly driven, intellectually stimulating, and crafted to build your real-world capabilities. To succeed amongst our teams, we 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
WHAT DOES A SUMMER 2025 INTERNSHIP WITH BNP PARIBAS LOOK LIKE?
At BNP Paribas, our people are our greatest asset, and we are committed to helping you grow from day one. The internship program is our 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 in order 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