FX Trading Business Analyst 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 2020). Nearly 8,400 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
2021-53452

Publication date
17/02/2021

Job description
Business type

Types of Jobs - Corporate & Investment Banking
Job title

FX Trading Business Analyst Internship
Contract type

Internship/Trainee
Term (in months)

12
Management position

No
Job summary

KEY RESPONSIBILITIES:

• Assist the FX Business Manager in day-to-day queries from various Businesses and Functions
• Act by delegation of the FX Business Manager to maintain proper FX Governance, to lead commercial initiatives and to complete transversal projects
• Help manage and conduct ongoing projects such as the FX Remediation Plan and the FX Greenwich Project.
• Act as backup of the FX Business Manager in attendance of FX Governance meetings and committees, if needed.
• Perform daily FX P&L production and related commercial analyses for the Forex Management
• 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.
• Perform ad hoc analysis on results, commercial margins, etc. through Business Objects and existing reports.
• Respond to enquiries of GMD Permanent Control, RPC Permanent Control and Audit
• Conduct investigations on trades with negative mark-ups in collaboration with GMD Permanent Control team.
• Conduct investigations and checks following up on Audit open recommendations.
• Help in reviewing, updating, maintaining and implementing Policies and Procedures of Global FX
• Ensure the FX rules and procedures are in line with new recommendations under FCA Remediation Programme, and new FX markets best practices.
• Challenge the existing practices and help the FX Business Manager apply remediation actions to comply with the intent of FX Policies & Procedures.
• Help circulate the new regulatory culture in Foreign Exchange to FX staff.
• Automation of processes, various extractions and presentations for different FX stakeholders
• Ad hoc special analysis, business plans, governance presentations such as CSP, etc.
• Data extractions from different trading / FO platforms.

• 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:

• Report directly to the Forex Business Manager.

Legal and Regulatory Responsibilities:

• 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.
• 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 localisation
Geographical area

Europe, United Kingdom
City

London

Candidate criteria
Minimal education level

Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality

- Higher education degree in relevant subject to FX/Trading (2:1 minimum)
- 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
Technical skills required

- 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)
Languages

English & French (fluent written & spoken in both)