Offer at BNP Paribas Tokyo - Exotic Equity Derivatives Structuring - Good Opportunity?
Hi everyone,
I recently received an offer for a 2-year position in Exotic Equity Derivatives Structuring at BNP Paribas in Tokyo. I’m a French student with a strong mathematical background, and initially, my goal was to break into quant roles at hedge funds.
I made it to the final rounds at Citadel and Squarepoint, but unfortunately didn’t land offers there. Right now, this BNP Tokyo position is the only concrete opportunity I have.
I wanted to ask:
Is this a solid opportunity in terms of learning and brand value?
What kind of exits could I expect after 1-2 years in this role? (Ideally looking to transition to trading, or eventually still aim for trading/quant roles in BBs or HFs preferably.)
I’m aware that Tokyo is less common than London or NY for exits, and structuring is slightly more “banky” than pure quant, but I’m hoping this could still be a stepping stone.
Would really appreciate any thoughts from people who’ve been in similar roles or seen colleagues make transitions.
Thanks!
Based on the most helpful WSO content, here's what you need to know:
Learning and Brand Value:
Exotic Equity Derivatives Structuring at BNP Paribas is a strong opportunity, especially for someone with a mathematical background. BNP Paribas has a solid reputation in derivatives and structured products, and this role will provide you with exposure to complex financial instruments, which can be a valuable skill set for future roles. The technical rigor and problem-solving involved in structuring are highly regarded in the industry.
Exit Opportunities:
Tokyo vs. London/NY:
While Tokyo is less common for exits compared to London or NY, it still offers a unique experience and exposure to the Asian markets. This can differentiate you in the global job market, especially if you aim to work in roles with an Asia focus in the future. However, if your long-term goal is to be in London or NY, you may need to plan your transition strategically, possibly after completing the 2-year stint.
Advice for Maximizing the Role:
This role can definitely serve as a stepping stone to your desired career path, provided you leverage the experience effectively and remain strategic about your next steps. Good luck!
Sources: https://www.wallstreetoasis.com/forum/job-search/help-me-formulate-a-career-plan?customgpt=1, Opportunity to move from NY to Europe in Structuring/Origination, 2 months in and I want to quit, S&T Summer Analyst Lateral to IB FT?, Q&A:Big 4 Audit to Boutique M&A Shop
Bump
How did you get a tokyo position with no japanese skills
Because in France, you have opportunities to travel in a foreign country and work in a French company (it's called VIE)
Oh, didn't know that. That's cool.
Yes it is but i really wonder if it's a good opportunity. I thought it's a niche desk, and i'm afraid about the exits..
Doesn't VIE pay terribly?
Yes, that's correct, but I do it for the experience. It's just an 18-month contract. I get paid 3,000 euros without any fees, and my rent is already covered.
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