Intern, Rates Trading

ING WB Asia Internship Programme 2027

At ING, we're redefining what it means to be a bank, and we're looking for students who are curious, proactive, and eager to make a meaningful impact. If you're excited to learn, challenge the status quo, collaborate with diverse teams, and turn ideas into action, our internship programme offers the opportunity to gain hands-on experience, develop your skills, and contribute to an international organisation that values continuous growth and innovation.

Department/Function: Financial Markets

Team: Rates Trading

Internship Period: 6 months ; January-June

About ING Bank

We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.

Our internship programme offers more than just on-the-job experience. Through structured onboarding, development initiatives, cross-functional networking opportunities, project showcases and an intern alumni community, you'll gain valuable exposure, build meaningful connections and develop skills for your future career.

What does the Interest Rates Trading Team do in ING?

Interest Rates Trading is part of the Financial Markets division in ING. The Singapore desk provides pricing and liquidity in interest rate derivatives to the broad spectrum of ING corporate clients as well as to ING Asia’s regional rates trading desks in Seoul, Shanghai, Manila, and Taipei.

Our mandate covers Interest Rate Swaps, Cross Currency Swaps, and FX Forwards/Swaps, in G10 and 10 other Asian currencies.

What will you be doing?

• Assisting with BAU tasks such as risk checks, reporting, and cash management
• Working closely with our traders to support risk management, trading strategies, and P&L calculations
• Maintaining and improving existing files and processes – which could be part of larger projects that will benefit the desk

What qualities, skills and other criteria are we looking for?

We are looking for a passionate individual who meets the following criteria: 

• You should have legal work rights in the country of internship.
• Self-driven in learning and process improvement
• Intermediate understanding of Global Financial Markets
• Basic understanding of derivatives
• Strong command of Excel (VBA is a big plus) - e.g. nested logic functions, lookups

What would you gain from this internship?

An in depth understanding of risk management within the rates trading environment as well as a the processes involved in hedging risks profitably within mandated strategies in an efficient and compliant manner.

Need more information? 

For information on ING Wholesale Bank, visit https://www.ingwb.com/

For information on careers, visit https://www.ing.jobs/Global/Careers.htm

Diversity, Inclusion and Belonging (DIB) 

ING’s vision is to unlock our people’s full potential through our inclusive culture where everyone has the opportunity to develop and have impact for our customers and society. To achieve this vision, our policies support diversity, equity, and inclusion. As an equal opportunity employer, we do not tolerate discrimination of any kind with regard to age, gender, gender identity, cultural background, experience, religion, race, ethnicity, disability, family responsibilities, sexual orientation, social origin, or any other status protected by applicable law. If you require any assistance or if we can accommodate you in any way when participating in our application and/or interview process, please email the recruiting contact listed for the relevant position. We will be happy to work with you to ensure a fair and accessible process. Read more about our commitment to diversity, inclusion and belonging here.