Middle Office Summer Internships At BNP Paribas – 2022

Placement opportunities

BNP Paribas Securities Services is pleased to offer a number of Middle Office placements in Summer 2022, working in the Glasgow offices. These placements will be for a period of up to 12 weeks from Monday 6th June until Friday 26th August. The paid placements will provide the opportunity to experience the work environment of a leading financial services organisation.

There are placements available in the following departments:

• Trade Management & Treasury: This department provides our clients with middle office trade management services to capture, match, settle and report all trading activity across a number of securities and cash products, on their behalf.   The key responsibilities of this role include ensuring that all trades are captured correctly for accounting and client reporting purposes whilst also ensuring timely settlement in the market.  Regular email and telephone communication is required not only with internal departments but also with external third parties, actively working with brokers and custodians to ensure settlement.

• Corporate Actions: This department is responsible for the full life cycle of all UK and Overseas mandatory and voluntary Corporate Actions. The teams capture, scrub and validate custodian notifications, track client decisions, process client instructions, update the Entitlement into the Accounting system and reconcile the events. The teams are also responsible for processing class actions and proxy voting.

• Income: This department provides our clients with an Income service spanning from event capture, claims management, instruction handling and entitlement allocation.

• Derivatives: This department is responsible for the trade capture, matching, settlement and reporting of all trading activity across a number of Derivative products (ETD/CFD/OTC).   The key responsibilities of this role include ensuring that all trades are captured correctly for accounting and client reporting purposes whilst also ensuring timely settlement in the market.  Regular email and telephone communication is required not only with internal departments but also with external third parties, actively working with brokers and custodians to ensure settlement.

• Reconciliations: The department exists to provide our clients with fully reconciled, accurate books and records, and acting as neutral control and oversight function for our transaction processing teams.

Preferred experience

It is preferred that applicants are undergraduates in their 3rd or 4th year of an Accounting or Finance and other numerate disciplines.

Person specification

We are looking for candidates who can demonstrate the following skills/qualities:

• Computer literacy
• High level of numeracy
• Customer focus
• Team working skills
• Excellent communication skills
• Ability to work to deadlines
• Flexibility/adaptability
• Accuracy
• Basic understanding of accountancy and investment operations (preferred but not essential)

The closing date for applications is close of business on Friday 25th March 2022.