The best preparation for a pivotal role within risk management
Choosing the Risk traineeship within ING is the best way to prepare for a future role as a Risk Management Specialist or, in the longer term, perhaps as a Manager of Risk Specialists, Senior Quantitative Analyst or Manager of Risk Analysis. On this track within the ING International Talent Programme, you’ll develop a wide range of knowledge and skills relevant to risk management. You’ll learn how to identify, measure, analyse and assess the likelihood of risks, thus helping us to secure the bank’s ongoing financial stability.
Make a real difference as a trainee
Risk management: essential to ING’s future
Balanced risk management is essential to ING’s future. The Risk traineeship at ING is focused mainly on financial risk within Corporate Credit Risk Management and Corporate Market Risk Management. It is one of the roles of Corporate Market Risk Management to continually analyse and monitor all of ING’s market risks worldwide. Meanwhile, one of the tasks of Corporate Credit Risk Management is to analyse and monitor the risk of losses due to borrowers (including bond issuers) or ING’s counterparts defaulting.
Both during and after your traineeship, you’ll be involved in monitoring these risks, estimating their impact and drawing up strategies to balance risk, investment and capital. Decisions regarding which risks we can afford to take will rest on your shoulders. This is your chance to demonstrate that you have the insight, analytical skills and resolve to deal with exceptionally large amounts of money responsibly. Needless to say, wrong decisions can lead to huge losses, for both our business and our shareholders.
Your first project: the fundamentals of Risk
Your second project: advising colleagues on risk strategies
It’s up to you to arrange your second project. Now it’s a matter of making use of your network and your own initiative. Many of our trainees choose to spend this second six-month period working on an international project, such as in London, Spain, Singapore or New York.
In your second project, you set to work in a different Risk department. We encourage you to look into the other areas within Risk in order to get a broader understanding of risk management. For example, you could work together with a team on managing all risks related to the loans held by ING, with the aim of minimising both commercial and legal risk issues. In addition to evaluating the risks involved in any transactions, you’ll also advise your colleagues on how to structure the agreements, including any mitigating factors, to ensure that they fit within ING’s risk strategy. This is your chance to demonstrate how your customer focus, professional expertise and persuasive skills can help us to improve the services we offer.
Your first job: managing risk
Shape your own career
General and specialized training courses
Regardless of their chosen track within the ING International Talent Programme, all of our trainees attend training courses in core banking (the function of a bank, the bank balance sheet, bank funding, IT processes and Risk Management).
The training programme specifically for Risk entails studying for CFA I+II+III. You can supplement this with further study of topics such as FRM, PRM, Lean Six Sigma Greenbelt or other internal training courses (e.g. programming).
An express route to a pivotal role in Risk
Choose the Risk traineeship at ING and allow your talent to flourish! Apply online for a trainee vacancy on the Risk track and convince us of your potential.
If you’re successful, you’ll be invited to take an online test, which is step 2 of the selection procedure for the ING International Talent Programme.
You can find detailed information about the application and selection procedure here.
We can only accept complete applications. This means a CV and (provisional) lists of your bachelor and master grades. Incomplete applications will not be processed. It is not necessary to upload a cover letter, since we use motivational questions that will appear during the application process.
We work with two selection cycles with different start dates: