Posted 4 days ago

Intern, Trading Risk Management

Onsite Full Time
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Job description

Why ING? The world of banking is changing faster than ever. That’s why we at ING are always broadening our horizons. Our people have a forward-thinking mentality and a strong can-do spirit, and they enjoy working in an agile environment. ING in Asia Pacific In Asia Pacific, ING offers wholesale banking services across 11 markets: Australia, China, Hong Kong SAR, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan and Vietnam. ING offers both retail and wholesale banking services in Australia. ING’s regional presence includes a 13% stake in Bank of Beijing in China and a 23% stake in TMB in Thailand. Singapore is the regional headquarters for ING's Wholesale Banking (WB) business in Asia. This includes all WB business lines, such as Financial Markets, Strategic Products, Sectors, Lending and Transaction Services, as well as other support functions. Function Overview We offer a range of internship opportunities across different departments and locations within our Wholesale Bank. This vacancy focuses on positions within the TRM department. The Trading Risk Management (TRM) team plays a critical role in safeguarding the bank’s financial health by identifying, measuring, monitoring, and controlling exposure to market-driven risks. The department works across asset classes and business lines to ensure that trading (Financial Markets) and banking books remain within the bank’s risk appetite and regulatory boundaries. Duties and responsibilities Singapore is ING’s regional hub, including for TRM activities. TRM oversees and supports Financial Markets (FM) desks—such as Rates, FX, Credit, Commodities and Non-Linear Trading—as well as Group Treasury (GT), which is primarily responsible for managing assets and liabilities, funding and liquidity needs, interest rate risk, and investment risk in the banking book. The internship will involve exposure to the following areas across either the FM or GT/ALM desk: Gaining an understanding of the desk’s business and how the risk framework is designed to govern and control its activities Assisting with daily risk reporting and monitoring key market risk metrics, such as Value-at-Risk (VaR) and sensitivities in trading books, as well as interest rate risk, liquidity risk and FX exposures in banking books Assisting with the preparation of management and regulatory reports covering trading risk or Treasury/ALM risk Tracking macroeconomic events and market movements that may impact risk positions Supporting system and process enhancement initiatives Assisting the team in specific risk analyses as required What do we ask of you? (Skills & Specifications) Currently pursuing an undergraduate degree in finance, economics, statistics, quantitative finance or a related field Strong analytical and quantitative skills, with attention to detail A strong interest in understanding how banks manage financial risks Good written and oral communication skills Proficient in Excel; some VBA coding/programming knowledge is a plus 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 This is a six month full time Internship position starting from January 2027. We’re a global bank with a strong European base, and our more than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries. Joining ING means working with friendly and collaborative people towards making a positive impact on people and planet. We believe in empowering the people around us and our customers to stay a step ahead. Working here means having the autonomy to drive progress, helping to create superior customer value and contributing to our ambition of putting sustainability at the heart of everything we do. Here, we’re more than just a workplace – we’re a community of innovators, problem-solvers, and forward-thinkers, dedicated to making a real impact. Whether you’re just starting your career or seeking the next big challenge, we have opportunities that will inspire and push you to grow. Your future at ING starts with one application. Ready to join? We’ve got plenty of opportunities to match your skills and aspirations! Use the filters below the search bar – like location and job type – to help you find the perfect fit. Start exploring now and discover where your next career move could take you!