12 Month Internship - FX Business Analyst

Location
London, Greater London, United Kingdom, United Kingdom
Salary
Competitive salary
Posted
11 May 2022
Closes
09 Jun 2022
Ref
60327
Job role
Business analyst, CFO
Experience level
Entry level, Internship
Vacancy details

General information

Entity
About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/

Reference
2021-60327

Update date
22/03/2022

Job description
Business type

Types of Jobs - Corporate & Investment Banking
Job title

12 Month Internship - FX Business Analyst
Contract type

Internship/Trainee
Term (in months)

12
Job summary

KEY RESPONSIBILITIES

1. Assist the FX Business Manager in day-to-day queries from various Businesses and Functions

2. Act by delegation of the FX Business Manager to maintain proper FX Governance, to lead commercial initiatives and to complete transversal projects

a) Help manage and conduct ongoing controls such as the FX Remediation Plan.

b) Act as backup of the FX Business Manager in attendance of FX Governance meetings and committees, if needed.

3. Perform daily FX P&L production and related commercial analyses for the Forex Management

a) Collect P&L data for the day, challenge the data sources and chase inconsistencies, and produce the official Front Office Global P&L on Forex.

b) Perform ad hoc analysis on results, commercial margins, etc. through Business Objects and existing reports.

4. Respond to enquiries of GMD Permanent Control, RPC Permanent Control and Audit

a) Conduct investigations on trades with negative mark-ups in collaboration with GMD Permanent Control team.

b) Conduct investigations and checks following up on Audit open recommendations.

5. Help in reviewing, updating, maintaining and implementing Policies and Procedures of Global FX

a) Ensure the FX rules and procedures are in line with new recommendations under FCA Remediation Programme, and new FX markets best practices.

b) Challenge the existing practices and help the FX Business Manager apply remediation actions to comply with the intent of FX Policies & Procedures.

c) Help circulate the new regulatory culture in Foreign Exchange to FX staff.

6. Automation of processes, various extractions and presentations for different FX stakeholders

a) Ad hoc special analyses, business plans, governance presentations.

b) Data extractions from different trading / FO platforms.

7. Handle on-going FX Business Management Office relationships between the FX Product Line staff and other Businesses and Functions

Business Managers of parallel and regional functions
Sales force
Operations: Middle Office / Back Office
Market Activities Monitoring
Finance Department
Credit Risk Department
Compliance/Legal
IT Department
Permanent Control
Internal Audit

Management and reporting

Ø Report directly to the Forex Business Manager.

Legal and Regulatory Responsibilities

Ø Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the FX Code of Conduct, the London Compliance Manual and the Financial Crime Policy.

Ø Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

Position location
Geographical area

Europe, United Kingdom
City

London

Candidate criteria
Minimal education level

Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality

Any appropriate regulatory licences to manage FX business

Higher education degree

Ongoing professional education courses

Required skills

Solid experience in audit, inspection, organisation, consulting or Forex

Proved skills to resolve issues arising from interactions with support functions

Experience of implementing practices in FX

Integrity, synthesis, autonomy

Capacity to handle heavy workload

Organisational skills - working with precision and diligence

Strong capacity to write / formalize

Communication skills: written and oral

Calm, resistance to stress
Ability to motivate

Conflict Resolution

Extended knowledge of Microsoft Office, Business Objects, VBA

Knowledge of technical aspects of Forex markets

Knowledge of capital markets activities (business model, market/counterparty risks)
Knowledge of CA-CIB organisation i.e.: decision-taking process, IT, back office, accounting, financial control, finance, control, risk

Knowledge of best practices of Forex area and products

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