Intern, Corporate Sector Coverage & Financial Institutions (Wholesale Banking, Manila Branch)

ING WB Asia Internship Programme 2024

“At ING, we’re redefining what it means to be a bank and we’re looking for people with the right skills to jump on. If you’re a smart, driven student with global ambitions who wants to make a real difference, our internship might be for you.”

Position:

Dept/Function:

Corporate Sector Coverage and Financial Institutions

Internship Period:

June/July to November/December 2024. Full time for 5 Months.

Openings

Please note that the application deadline for this internship is 30 May 2024.

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, a strong can-do spirit and enjoy working in an agile environment.

ING in Asia Pacific

In Asia Pacific, ING offers wholesale banking across 11 markets, namely 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, China and a 30% stake in TMBThanachart Bank in Thailand.

Singapore is the regional headquarters for ING's Wholesale Banking (WB) business in Asia, which includes all WB business lines such as Financial Markets, Strategic Products, Sectors, Lending and Transaction Services and other support functions.

What does the Corporate Sector Coverage and Financial Institutions Team do in ING?

ING’s Sector Coverage team in Wholesale Banking (WB) operates in various sectors and sub-sectors, including Corporate Sector Coverage (CSC) and Financial Institutions (FI).

CSC mainly covers diversified corporates which include large conglomerates operating in different business lines. For FI coverage, this includes banks and non-bank financial instutitons such as insurance companies, among others.

The Sector Coverage team acts as the foremost relationship contact of our various clients and manages this relationship along with the product teams of ING. This includes ensuring the needs of our clients are serviced with specialized sector knowledge across ING’s multiproduct platform. As account managers, this means leading in the origination, coordination, and execution of transactions.

What would you be doing?

An intern in the CSC and FI team will be expected to:

support Account Managers by preparing account and client briefs, presentation decks, and basic financial reports;
assist in the preparation and conduct of Know-Your-Customer (KYC), including onboarding of new clients, reviewing and researching on clients for due diligence, financial analysis, and identifying product opportunities; and
assist in updating internal records and documents, and organizing records database

What qualities, skills and other criteria are we looking for?

We are looking for a passionate individual who meets the following criteria:

You should have legal work rights in the country of internship.
Excellent English writing skills
Knowledgeable in financial analysis
Good research skills
Knowlegeable in Microsoft 365 – Word, Powerpoint, Excel, Teams
Analytical thinker
Self-motivated and proactive

We need students who are available daily full-time (9am to 6pm) and can physically report to the office 3-4x per week.

What would you gain from this internship?

As an intern with the CSC and FI team, you will gain:

A basic understanding and appreciation of how account managers operate
An overview of different products that ING offers to its clients
Basic understanding of wholesale banking and how an international bank operates
Presentation preparation and financial analysis skills
Coordinaiton and collaboration skills with other units of the Bank
Appreciation on the importance of KYC and other internal governance practices

Need more information?
For information on ING Wholesale Bank, visit https://www.ingwb.com/

Apply