Working at ING since October 2014
‘Given that I did my master’s in financial economics with a specialisation in banking, it was only logical that my dream was to join a bank – and preferably a large, international one based in The Netherlands.
Combining substance with culture
The ING traineeship appealed to me the most because it was the best-designed traineeship in the banking industry offered entirely in English, and because it offered a real Finance track. That suits me the best.
The programme is interesting on all fronts: the actual substance, the training that is provided and of course the ING culture, which is international while remaining true to its Dutch roots.
There’s a very open culture at ING – people are friendly and willing to help, irrespective of their role and department. I’m currently based in the Financial Accounting department of the domestic bank focusing on the retail sector of ING’s Dutch business. All my colleagues are Dutch, but everyone does their best to speak English to me – and some of them are even taking English classes to create a more flexible international environment within the department!
Managing international currencies
I design frameworks to align the work of the domestic bank with legislation such as the Sarbanes-Oxley Act (SOX) and internal policies regarding enterprise risk management (ERM). In addition, I am currently involved with ‘NOSTRO accounts’ which are accounts that ING opens with other banks around the world in order to be able to conduct its operations in all currencies. We’re now determining roles and responsibilities regarding these accounts, such as who owns which account, who has access to them and what are the rules that need to be complied with. We’re developing a new governance framework and rewriting the terms and conditions stated in the internal policies. We’ve started with the accounts registered in the General Ledger of the domestic bank, and will then be implementing the governance mechanism for all NOSTRO accounts registered at ING’s locations globally. We intend to centralise this activity in Amsterdam: a single location where all NOSTRO accounts will be hosted and managed, which is aligned with ING’s other ongoing projects for internal operations. That will enable us to minimise the risks and perform our internal control activities more effectively.’
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.
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