London – Long Term Internship 2026 – FX Options – Exotics

Bank of America


Compensation Consultant I
Bank of America • Chester, United Kingdom • via Bank Of America Careers
2 days ago
Full–time
No Degree Mentioned
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Job description
Job Description:

Job Title: Compensation Consultant

Corporate Title: Up to Vice President

Location: London

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Location Overview:

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

The Team:

This role sits within the regional Compensation and Benefits (C&B) team, providing compensation support for specific business lines. You will be part of a dynamic and well regarded team working to deliver across all annual compensation processes, including year-end activities and reporting. Close partnership with the broader compensation and human resources teams are critical to success in this role.

Responsibilities will include:
• Compensation advisory, tracking and analytics, ensuring comprehensive understanding of regional issues and priorities.
• Accurately compiling, summarising and analysing data effectively to help drive fact-based decisions.
• Preparing line of business, country and regional compensation reporting and analysis throughout the year, and particularly for the year-end compensation review process.
• Developing, improving and maintaining dynamic tools.
• Ensuring appropriate governance and control activities across regional compensation processes.
• Contributing to a broad range of compensation initiatives and projects across the region.

What we are looking for:
• Experience of compensation practices within a large multinational financial services firm.
• Technical background required with exceptional ability in data analysis, interpretation and presentation, and attention to detail,
• Ability to use own initiative and judgement, to act proactively and work with low levels of supervision.
• Excellent communication and presentation skills, with ability to summarise and articulate complex process / data into easily understood information.
• Excellent interpersonal skills in order to maintain a close working relationship with HR colleagues.
• Highly proficient in Microsoft Excel and comfortable managing large and complex datasets.
• Proficient in other Microsoft applications (Powerpoint, Word) and HR information systems.

Benefits of working at Bank of America:

UK
• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, ****** orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.
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BNP Paribas Corporate & Institutional Banking


London – Long Term Internship 2026 – FX Options – Exotics
BNP Paribas Corporate & Institutional Banking • London, United Kingdom • via Groupe BNP Paribas
2 days ago
Internship
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Job description
Company Purpose:

Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.

Our employer promise is built around three pillars:

• Being a great place to work

• Committed to sustainability and having a positive impact

• Being dedicated to the development of our people

Business Area

BNP Paribas Global Markets provides cross-asset investment, hedging, financing, research and market intelligence to corporate and institutional clients, as well as private and retail banking networks. Global Markets' sustainable, long term business model seamlessly connects clients to capital markets throughout 38 markets in EMEA, Asia Pacific and the Americas, with innovative solutions and digital platforms. Through Global Markets, clients can access a full universe of opportunities in equity derivatives, foreign exchange and local markets, commodity derivatives, rates, primary and credit markets and prime solutions and financing.

Job Purpose
• We are significantly expanding our product offering over the next few years in exotics and correlation.
• As we develop new models we will need support to test pricing and risk measures that are generated in the new systems for new products.
• Stress scenario testing, Greek validation and model scenario runs will be increasingly important as we increase our footprint in the exotic and complex space. Having a resource to help us on this would significantly reduce our time to market and time for repairing bugs.
• While the role is based in London, all the initiatives will be used by the FX Options desk globally (US, EMEA, Asia).

Key Responsibilities

In their role, the candidate will:
• Build inventory monitoring tools for new exotic trades including: vol budget monitoring, bend value tracking, vol swap breakeven levels etc.
• Work with Trading, Risk and Quant Strategists to prototype new risk measures adapted to complex products.
• Work with strategists to suggest new quantitative relative value trade ideas to sales.
• Be involved with trading for creation, scripting and modelling of new single currency and multicurrency payouts.
• With trading, sales and structuring, build restructure monitors for exotic risks in the book to pitch to clients.

Requirements

Technical Skills and Qualifications
• A minimum of a Masters or PhD in a quantitative subject such as Computer Science, Mathematics, Physics, Quantitative Finance or Engineering.
• Excellent programming skills: Python, SQL is a must.
• Data manipulation and database experience.
• Interest in financial markets, economics and quantitative finance.
• Experience of electronic markets, models and arbitrage strategies is not a prerequisite but a strong plus.
• Delivery driven mindset.
• Strong interpersonal skills and proactive approach to problem solving.
• Ability to work under pressure and multitask.
• Strong organizational skills.
• Team Player.

Conduct
• Be a role model, supporting and fostering a culture of good conduct.
• Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks.
• Consider the implications of your actions on colleagues.

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

PLEASE NOTE

• You may only apply to four Long Term Internships over the course of a year. These may be across any business area.

• Successful candidates for this long term internship will be considered for London ONLY.

• Please discuss the available start dates with your interviewers.

Unsuccessful candidates’ CVs will be shared with other teams within BNP Paribas and considered for potentially suitable roles. In this way we hope to maximise opportunities for candidates and hiring teams. By submitting your CV for this role you agree to it being shared securely with other hiring teams within BNP Paribas for the relevant recruitment round.

Location:
London

Duration:
11 months

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:
• Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
• Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
• Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.
• Subject to relevant caps

2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.

Investing in our people also means we have a collaborative and inclusive culture:
• Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
• Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.

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, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, *** or ****** orientation, or any other legally protected status.

Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

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