Internship - 6 months - Valuation Risk Analyst F/H

Natixis NY Branch; France; Sur place; EUR 10 000 - 15 000; Temps partiel

Avantages offerts par ce poste

Internship allowance

Transport subsidy 60%

Paid time off: 1 day per month

Company restaurant access

Résumé du poste

Natixis Corporate & Investment Banking in France is seeking a Valuation Risk Analyst intern for a 6-month assignment starting September 2026. You will inventory valuation risk processes, learn documentation, and help automate IPV, reserves, observability and backtesting, especially around Totem rejection rates.

Work across exotic rate products and FX, collaborating with Market Risk teams. Ideal candidates are Bac+5 students in engineering with programming skills (Python) and strong English,

Qualifications

• Bac+5 student in engineering with a specialization in market finance, programming or mathematics.
• Proficient in programming (Python) and strong Excel skills.
• Fluent in English with good interpersonal communication.

Responsabilités

• Take inventory of Valuation Risk processes requiring manual code executions (Python).
• Familiarize with existing processes via documentation and code.
• Drive automation of valuation risk management (IPV, reserves, observability, backtesting), focusing on Totem rejection rates.
• Implement tools across exotic rate products and FX.
• Document project stages and operating methods.

Connaissances

Python

Excel

Communication

English

Formation

Bac+5 engineering student

Outils

Python

Description du poste

• Internship
• 21532

Company Description

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in close to 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A2, Fitch Ratings: A+,R&I: A+).

Job Description

POSITION AND MISSIONS

You are joining our Valuation Risk – Rates, FX& Inflation team within the Market Risk department who is looking for a Valuation Risk Analyst for an internship of 6 mes from September 2026.

In collaboration with your tutor, your main tasks will be:

• Take inventory of all Valuation Risk processes requiring manual code executions (mainly Python);
• Become familiar with these existing processes by taking into account the documentation and code already in place;
• To be a driving force for the implementation of solutions aimed at automating the management chain of valuation risk (IPV, calculation of reserves, observability, and backtesting), particularly regarding Totem rejection rates.
• Implement these tools across the entire scope of exotic interest rate products (CMS Spread Options, Bermudan Accreters, CMS Swap, etc.) and foreign exchange;
• Document the different stages of the project as well as a modus operandi.

As a Valuation Risk Analyst, you participate in the implementation and maintenance of the valuation risk control framework within the bank. As such, you are required to interact with other departments within Market Risk (Trading, P&L,, Finance, Econometrics, Data Quality, ).

#Transformative finance

We place our employees at the center of our attention. Internal mobility, career development and training programs allow you to grow and flourish throughout your journey.

You operate in an inclusive work environment, promoting collaboration with concrete missions and a real impact. We will accompany you throughout your experience with us so that you can learn and develop your skills working alongside experienced professionals.

You also have the opportunity to engage in favor of society and causes that are important to you through our corporate foundation.

You receive an internship allowance based on your training and level of education, also a refund of your transport ticket up to 60%, one day of authorized absence paid for each month worked and access to the company’s restaurant.

Automatic translation

Company Description

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in close to 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A2, Fitch Ratings: A+,R&I: A+).

Job Description

POSITION AND MISSIONS You are joining our Valuation Risk – Rates, FX& Inflation team within the Market Risk department who is looking for a Valuation Risk Analyst for an internship of 6 mes from September 2026.

In collaboration with your tutor, your main tasks will be:

• Take inventory of all Valuation Risk processes requiring manual code executions (mainly Python);
• Become familiar with these existing processes by taking into account the documentation and code already in place;
• To be a driving force for the implementation of solutions aimed at automating the management chain of valuation risk (IPV, calculation of reserves, observability, and backtesting), particularly regarding Totem rejection rates.
• Implement these tools across the entire scope of exotic interest rate products (CMS Spread Options, Bermudan Accreters, CMS Swap, etc.) and foreign exchange;
• Document the different stages of the project as well as a modus operandi.

As a Valuation Risk Analyst, you participate in the implementation and maintenance of the valuation risk control framework within the bank. As such, you are required to interact with other departments within Market Risk (Trading, P&L,, Finance, Econometrics, Data Quality, ).

#Transformative finance

We place our employees at the center of our attention. Internal mobility, career development and training programs allow you to grow and flourish throughout your journey.

You operate in an inclusive work environment, promoting collaboration with concrete missions and a real impact. We will accompany you throughout your experience with us so that you can learn and develop your skills working alongside experienced professionals.

You also have the opportunity to engage in favor of society and causes that are important to you through our corporate foundation.

You receive an internship allowance based on your training and level of education, also a refund of your transport ticket up to 60%, one day of authorized absence paid for each month worked and access to the company’s restaurant.

Automatic translation

Required Skills/Qualifications/Experience

As a Bac+5 student, you are preparing a university degree from an engineering school, with a specialization in market finance/programming/mathematics. You have knowledge of pricing models, parameters and basic products, sensitivities.

You are proficient in office tools (Excel, Word) and at least a programming language (preferably Python).

You have excellent interpersonal skills, a very good ability to listen.

You are rigorous dynamic and attentive to details.

And last but not least, you are perfectly fluent in English.

You will be contacted by one of our recruiters before meeting our business experts.

An ideal moment of exchange to highlight your personality and your project.