2024 APAC Long Internship (Jun – Dec) – GB ALM Treasury – Singapore

May 9, 2024

2024 APAC Long Internship (Jun – Dec) – GB ALM Treasury – Singapore

ReferenceALM000255

  • Internship
  • SG-06-Singapore
  • MISCELLANEOUS
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In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 19,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships. 
 
Worldwide, BNP Paribas has a presence in 65 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.  

* excluding partnerships

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

https://careers.apac.bnpparibas/

Please note that this is an internship that may require you to defer from university studies for the period of the assignment. Start date is early June 2024.

Purpose of Role

ALM Treasury has a unique position within the BNP Paribas, it is a Transversal Activity present throughout the Group in more than 50 countries, with around 600 employees fulfilling 3 operational missions which consist in:

  • managing the Group’s liquidity position, both in business as usual conditions and in crisis situations
  • managing the interest rate risks in the banking book
  • managing operational and structural foreign exchange risks

ALM Treasury to operate in the financial markets and partner with all of the Group’s entities.

Direct Responsibilities

The ALM Treasury intern will work across a broad range of items associated with liquidity risk management for Global Banking activities in Asia-Pacific region (APAC). This position will support Global Banking ALMT in the context of balance sheet risk, local ALM Treasury risk regulatory expectations, as well as ensure adherence with BNP Paribas’ ALM Treasury Management Framework, including:

  • Production of various indicators for management reporting, covering the whole Asia-Pacific region
  • Developing a knowledge of various aspects of Liquidity management and regulatory environment, global regulations (Basel III etc.) and local regulations. 
  • Understanding of Internal systems/methodologies used by the Bank for liquidity pricing, risk management and contribution to their improvements and developments.
  • Analysis Models, historical behavioural studies, hypotheses testing etc.:
    • to help local and regional management to steer the balance sheet,
    • and to assist senior members of ALM Treasury who manage (including market operations such as short-term borrowings, medium long-term funding, interest Rate swaps, Fx swaps, repos …) the interest rate position of the banking book and the liquidity risk of the Bank.
  • ALM Treasury IT tools testing, and assistance in building the new tools if required.

Technical and Behavioural Competencies

  • Strong analytical skills
  • Great multitasking and time management skills
  • Takes initiative and results driven
  • Strong analysis and judgement
  • Meticulous accuracy with a keen eye for detail
  • Confident verbal, written communication and networking skills
  • Team player, proactive and enthusiastic self-starter, strong interpersonal skills
  • Demonstrate commercial and risk awareness
  • Excellent spoken and written English
  • Additional languages are an advantage