Investment Risk Quant Intern: Professional Placement Year Internship

AXA Investment Managers (AXA IM) is now part of the BNP Paribas Group since 1st July 2025 following the closing of its acquisition.

BNP Paribas Asset Management (BNPP AM) is the asset manager of BNP Paribas, a leading banking group in Europe with international reach.

Among the top three asset managers in Europe^[1], BNPP AM manages more than €1.6 trillion in assets for institutional, corporate, retail and wealth clients worldwide, combining liquid and alternative capabilities with a leadership position in long-term savings management for insurers and pension funds ^[2] (€850 billion AUM).

Description of the department

The main role of the Risk Management department is to provide the firm’s General Management with an independent view of the firm's risks across all investment platforms and entities and to support risk mitigation efforts.

Within Risk Management, the main roles of the UK Investment Risk Analysis team are:

• To provide an independent identification, analysis and communication of Investment Risks (Market Risk, Credit and Counterparty Risk, Liquidity Risk, Performance Risk) for investment activities based in the UK (Fixed Income, Equity, Balanced Funds, Securities Financing, Fund of Hedge Funds), as per regulation and the firm’s internal standards.
• To support Investment Risk transversal streams (Liquidity Risk, Counterparty Risk…) according to department organisation.
• To support other Risk Management teams for their risk analyses when needed.

Your role and responsibilities will include:

The internship holder will collaborate with UK Investment Risk Analysts and the Head of Investment Risk Analysis UK across two main dimensions:

• Regular reporting/oversight (50%25):
  • Run regular monitoring carried out by the team, analyse exceptions and escalate issues to investment teams and/or to management as needed.
  • Prepare monthly summaries of investment risk overview covering various UK investment platforms.
  • Participate to regular and ad hoc tasks on the Pricing and Valuation risk stream.
  • Provide analytical support to the SERMs (Senior Expertise Risk Managers) and UK CRO (Chief Risk Officer) where required.
  • Provide support to wider Investment Risk and Risk Management teams.
• Project work/transformation initiatives (50%25):
  o    Contribute to the enhancement of monitoring and reporting, in terms of quality, depth, efficiency of production, etc.
  o    This part of the internship is likely to involve using Python programming to transform and analyse data within the firm’s internal environment.

Education Skills & Experience

Education

• Studying on a 4-year University degree with 3rd year work placement included
• Preferable study in a degree linked to evidencing the skills and experiences in the below parts of this Profile section (numerical and analytical abilities, programming experience, interest to financial markets and risk analysis).

Skills and Experience

• Must have strong numerical and analytical abilities.  
• Must demonstrate strong relevant experience with programming (e.g. in Python, or R). 
• Must demonstrate a strong interest in financial markets and risk analysis. 
• Preferable prior knowledge on financial instruments and financial risk management techniques.
• Can be advantageous: previous relevant work experience.  
• Can be advantageous: knowledge of financial data/risk systems e.g. Bloomberg, FactSet, RiskMetrics.

Competencies

• Autonomy: is able to complete tasks of a certain technical or relational complexity unsupervised
• Rigour and reliability: demonstrates thoroughness and exercises judgment to provide, in a timely manner, quality analysis and deliverables
• Pragmatism and results orientation: delivers timely, tangible, exploitable results which create value
• Ability to summarise and communicate: provides clear summaries and presentations to management, highlighting key points and control outcomes. Clearly presents these elements in the context of different meetings or committees.
• Effective management of subjects on several fronts: more particularly, proactively acts to anticipate possible difficulties and escalates to management where necessary
• Team spirit: ability and desire to work as part of a team; will support others and build relationships within and outside of their immediate team; able to engage with the team on a global basis

What we offer

• This internship is an excellent opportunity to discover an international working environment. Due to our leading market position, you can gain strong exposure to a variety of complex issues that we face as a diverse investment manager
• You will be fully integrated to our team, and you will have the opportunity to work collaboratively and discover other departments such as Portfolio Managers, Equity and Fixed Income Analytics, Responsible Investment, Performance and Reporting, Technology / IT, other shared functions
• You will be given end-to-end ownership of processes allowing you to see the impact of your work, and take on real responsibilities rapidly
• GBP 28,000 basic salary + competitive benefits package

What we expect from you

• Workplace professionalism
• Physical attendance to the office 2-3 days a week
• Curiosity
• Commitment
• Willingness to learn & grow

Please join us to realise your potential to drive progress, for yourself, our clients and the world in which we live.