Intern - Market Risk Management

About Market Risk Management of ING NL

We are responsible for managing the balance sheet of ING NL. We do this by hedging our Interest Rate and Liquidity risks in close cooperation with Group Treasury. We maintain close relations with our business stakeholders, advise them on product and pricing changes and make them aware of all relevant (macro-economic) trends and consequences.

We use state-of-the-art risk and client behavior modelling methods and technologies to explore, analyse, and leverage data. Currently, our team is working on the full migration to the target Asset & Liability Management risk system (QRM) as well as implementation of our strategic data roadmap.

The team

The department consists of an energetic team of ca. 30 highly qualified international professionals. We have an Agile way of working and believe that empowerment is crucial for you to be successful.

Roles and responsibilities

• Develop Excel, SQL or PowerBI-based risk reports based on the target risk system and data enabling migration thereof from the legacy system
• Prepare, analyze and enhance various risk reports used for both internal and regulatory measurements of Interest and Liquidity risks

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

• A Dutch university Master (MSc) student in Econometrics, Economics or other Finance/quantitative degrees
• You are a self-starter, result-driven and flexible with a ‘hands-on’ attitude
• A keen interest in Financial Markets, financial instruments and Market Risk
• Strong analytical skills with attention to detail and critical thinking
• Good IT skills (Python, SQL, VBA)
• Excellent in written and verbal (English) communication skills
• Available for at least 6 months

Rewards and benefits

This is a great opportunity to train with highly skilled people who are experts in their field. You’ll do a lot and learn a lot – not only about your specialist area and the bank, but also about yourself and whether this type of environment is right for you.

The position offers excellent opportunities to get acquainted with Market Risk / Asset & Liability management and data analytics competencies while working on your soft skills.

You’ll also benefit from:

• Internship allowance of 700 EUR based on 36 hours work week
• An internship for the duration of 6 months with a possibility to extend to a maximum of 10 months
• Your own work laptop
• Hybrid working to blend home working for focus and office working for collaboration and co-creation
• Growth and challenging work with endless possibilities
• A step towards an international career at ING with a quantitative basis
• An informal working environment with innovative colleagues

During the duration of your internship at ING, it is mandatory to be enrolled at a Dutch university (or EU-university for EU passport holders).

Apply

Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.

About our internships

Every year, more than 350 students join our internship program. While there are no guarantees about your future, many of our former interns move into a permanent role or onto our International Talent Programme (traineeship).

Whatever happens, an internship at ING is the ideal opportunity to meet a wide variety of people, to build up your own network, and to learn about many different aspects of banking – put simply, it’s a great start to your career.