Wholesale Banking Trainee
Working at ING since April 2014
‘As a member of a financial student association while still at university, I organised the International Banking Cycle. Nine banks took part, and I did the case at ING which led to ING inviting me to an interview for an internship. We clicked immediately. I saw a bank as a great learning experience and a springboard to a future career. A little over a week after finishing my internship, I was invited to join ING as a trainee.
My first project was in Corporate Investments, a department which provides loans to small and medium-sized enterprises (SMEs) and sometimes also invests as a minority shareholder. The SME sector is large and, needless to say, ING is keen to win many of those companies as customers. Hence we are involved in pitches, and that requires us to learn about new markets, new customers and new industries. You need to know everything about a company and its sector before deciding whether to invest any money in it. And in order to convince the decision-makers you have to be very well prepared. Your aim is to become an expert in your customer’s industry. In the space of five months, I learnt a huge amount about a wide range of business activities, from bus hire for transport for the elderly to food-separation equipment.
Telecom, Media & Technology
I did my second project in Structured Finance for Telecom, Media & Technology, a department which provides financing to larger companies in an extremely dynamic industry. The bank checks how each company is doing every quarter, and gains in-depth insights into each one: what is its financial situation, how are its competitors performing, what are the industry trends, and are there any political or economic changes on the horizon? That really turns you into an expert on the sector.
I was based in Frankfurt for that department from January to March. ING Wholesale Banking is still relatively small there, but we’re trying to raise our profile by pitching to major companies. Since 1 April 2015 I’ve been working as an analyst in Telecom, Media & Technology in Amsterdam, still as part of my traineeship – but I’m now in my second year which means a more permanent role, supported by additional training courses and coaching.’
‘With little things reoccurring there’s never a dull moment’
Tim Slingerland - Risk Trainee
'Two master’s qualifications are valuable, but my motivation counted for more'
Niels Oskam - Business Consultant at the Centre of Excellence Robotics & Artificial Intelligence
'Setting up something new is much more fun than working with existing processes'
Diede van Kasteren - Process Expert in Global Process Management Team
'Process management affects all areas and all levels of the bank'
‘An ING traineeship is the perfect transition from student life to working life’
Pim Hanssen - Risk Trainee
For me, the challenge is to contribute to a stable financial future, for ING and our customers alike.
Erikos Alkalai - IT trainee
To me, it’s important to be a hands-on active member of one of the teams to get a thorough understanding of the situation and build trust as the basis for a smooth transition.
I’m involved in a bank that optimises the control over international transactions