London - Long Internship 2026 - Risk Analyst

Business Area

RISK SGCP UK is a local function supporting General Management, Corporate and Institutional Banking (CIB), Retail Banking & Services (CPBS/IPS), and risk functions. The team provides an independent view and analysis of key risks in the UK, including:

• Coordinating focus areas related to business development and risk matters per the UK Chief Risk Officer (CRO) mandate.
• Supporting risk relationships with supervisors, especially the PRA.
• Monitoring the UK managed portfolio to align with business strategy and risk appetite, in coordination with business lines and functions.
• Preparing portfolio risk analyses to identify and assess the evolution of portfolio dynamics.
• Monitoring and consolidating Risk Appetite Statement metrics.
• Gathering and preparing risk information for internal and external stakeholders (senior managers, board directors, PRA, rating agencies, audits).
• Coordinating UK perimeters in Asset & Liability Management, Treasury, Operational Risk, Transactions & Electronic Trading, and Data Protection.

Job Purpose

Maintain a Management Information (MI) framework. Animate Risk Committees and Risk Executive Committees for UK CIB and CPBS/IPS, producing required MI reporting for these committees, the London Branch Executive Committee, as well as external parties such as the PRA and external auditors.

Scope

United Kingdom.

Key Responsibilities

Contribution to the compilation of reports and analyses for various UK Corporate and Investment Banking (CIB) dashboards and committees.

• Prepare and analyse the UK managed portfolio (Corporates, Securitisation, Financial Institutions, Funds, including Hedge Funds), covering aggregates and sub‑perimeters by rating grades, sectors, maturity, etc.
• Prepare and analyse dedicated sub‑perimeters or portfolios (Regulated Utilities, Commercial Real Estate, REO/NPL, Leveraged Lending, ABS and CLO warehouses, Liability‑Driven Investment funds, Pension Funds, Hedge Funds, Higher Risk Funds, Private Equity NAV loans, Capital Calls).
• Monitor dynamics of current exposure, potential future exposure (PFE) and transversal stress tests monthly.
• Track dynamics of Risk‑Weighted Assets, provisions, cost of risk, credit stress tests, ESG assessments, and origination quarterly.
• Contribute to London Branch RAS metrics calibration and annual Risk Identification & Assessment exercises.
• Collaborate closely with other RISK and business teams to create these reports.
• Represent RISK SGCP UK in committees when invited, contributing to discussions.

Contribution to the compilation of reports and analyses for Retail Banking & Services (CPBS/IPS) UK perimeter.

• Collaborate with contributors from CPBS/IPS entities.

Contribute to ad‑hoc requests from external regulators or internal teams.

• Proactively share insights on market and supervisory developments, portfolio strategy, and business strategy.
• Maintain desk‑level producers and data quality controls.
• Ensure accuracy of delivered reports through control checks and careful review.
• Support automation initiatives via Python and Power BI.
• Participate in wider initiatives such as reporting alignment, cross‑group projects, and continuous improvement of reporting processes.
• Spot opportunities for ongoing development and efficiency gains, especially in data extraction, analysis, and presentation.

Requirements

Education and Certifications

• Degree from a leading university with an excellent academic record; preferred PhD or MSc.
• Preferred certification: FRM (Financial Risk Manager, GARP).

Essential

• Good understanding of financial markets across credit, counter‑party, market, supervisory, liquidity, operational, and model risks.
• Confident verbal, written communication and networking skills; able to synthesise information and build internal networks.
• Proficient with MS Office tools, especially Excel and PowerPoint; experienced with Python or VBA for automated extractions and data analysis.
• Excellent spoken and written English; additional languages are an advantage.
• Programming skills in Python or VBA (basic to intermediate).
  Other skills: results‑driven, teamwork, analytical synthesis, basic creativity and problem‑solving.

Preferred

• Curious and eager to learn; proactive in exploring group initiatives and liaising across teams.
• Strong organisational, multitasking and time‑management skills, and effective note‑taking for knowledge sharing.
• Strong analysis, judgement, creativity and innovation; basic problem‑solving.
• Personal impact, influence, and facilitation abilities within meetings or committees.

Conduct

• Act as a role model, supporting a culture of good conduct.
• Demonstrate pro‑activity, transparency and accountability for managing conduct risks.
• Consider the impact of actions on colleagues.

Location

London.

Duration

12 months.

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, civil partnership, pregnancy, maternity, race, religion, sex, sexual orientation, or any other legally protected status.

Adjustments

We encourage applicants with disabilities to inform us early in the recruitment process so we can provide appropriate adjustments or additional support.