Investment 20/20 Programme London – Financing & Collateral Services Trainee

We are proud to be one of the founding partners of Investment 20/20, a company that helps drive a forward thinking, responsible and inclusive industry by partnering with investment companies across the UK to deliver their trainee programme. Their programme supports over 250 new trainee and apprentices each year, and offer them the opportunity to attend networking events and technical training sessions throughout the year whilst completing their internship. For more information please visit https://www.investment2020.org.uk/trainee-programme/

About BNP Paribas

BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 193,000 employees. We provide clients with financing, investment, savings and risk management solutions while maintaining the highest ethical standards.

In the UK, our history dates back to 1867. Today, our clients benefit from our global reach, expertise and long-term commitment to building a responsible and sustainable financial future.

We are proud to be part of the Investment20/20 Trainee Scheme. Joining us as a trainee means you will become part of one of the strongest banks in the world with one of the largest international networks. We strive to recruit and develop the best people at all levels, and are offering a one year placement within our Securities Services business to those seeking to enter the financial services sector.

The programme offers an excellent opportunity to gain hand's on experience and will give you the chance to experience a full-time role in one of our business lines or functional areas. From the outset, you will be contributing to the output of your team, taking responsibility and working with leading professionals.

Business Area

Securities Services is a leading global custodian and securities services specialist that provides multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers.

The Financing and Collateral Services’ mission is to build a business that is profitable, sustainable and referenced by clients; and share in the success it brings. Four main priorities exist:

– Be known for service excellence;

– Serve the right clients;

– Increase operational efficiency; and

– Engage and develop.

The Role

The position is in the Financing and Collateral Services Team based in London. The first objective of the role is to learn, understand and develop key skills required to support FCS activities. Once training has been provided and key skills have been learned, there will be potential for the Trainee to provide practical support and assistance across many FCS tasks.

Securities Lending is an investment strategy whereby investors make short- or longer-term loans of their securities to generate incremental revenues from their portfolios. 

Principal securities lending encompasses the provision of fail coverage services to local custody clients and opportunity lending to investment banks, broker dealers and other custodial clients of the bank.

What you’ll do

• Administrative responsibilities for the securities lending desk in London. Working alongside a small trading team to assist with daily processes.

• Booking and management of securities lending trade returns 

• Implement lending recalls as a result of client sales of equities or fixed income 

• Review and follow up of failing trades with Settlement teams

• Be the liaison between trading and operations. Provide operations, corporate actions, income, static, reconciliation and billing teams with relevant information to facilitate their daily tasks. 

• Check corporate action and income reporting on a daily basis 

• Respond to client queries in a timely manner.

• Anticipate, follow up and give priority to highly sensitive trades in coordination with operational teams (recalls, fail coverage, large trades, etc.).

• Control accuracy of P&L report and challenge inaccuracies when necessary.

• Support Head of desk and Sales with building and updating Power Point presentations and Power Bi reports (training provided).

• Actively seek opportunities to develop knowledge of the BNPP organisation both within the UK and more widely.

• Adherence to bank policies and compliance requirements.

What we’re looking for

Essential

• MS Office literate

• Effective communicator

• Ability to work under pressure in a small, enclosed team environment

• Self-starter 

• Attention to detail

Preferred

• Flexible attitude to working hours

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).

Why Join Us

1. A great place to work 

We offer flexible working options (including hybrid, where applicable) and a collaborative culture that values balance and inclusion.

2. A positive impact 

We are committed to Net Zero in our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon. We also support our communities, with every employee receiving four volunteering days each year.

3. A focus on growth 

We invest in our people through training, mentoring and career development. In 2024, nearly half of our UK Corporate & Institutional Banking roles were filled internally.

You will also join an inclusive culture, supported by networks such as Pride, Ability, MixCity (gender equality), Women in Global Markets, Multicultural Network and more.

Apply here

Start date September 2026 

Equal Opportunities

We are committed to providing a work environment that promotes diversity, inclusion and equal opportunities for all.

Adjustments

If you have a disability or health condition that may require adjustments during the recruitment process, please let us know early so we can support you.

Additional Information

* You may only apply for one Investment2020 programme per academic year 

* Successful candidates for this programme will be considered for Securities Services ONLY

* Successful candidates for this programme will be considered for London ONLY