Wholesale Banking traineeship
Supporting customers’ success and growth
ING Wholesale Banking helps companies, institutions and governments around the world to gain access to capital in support of their success and further growth. Wholesale Banking is a dynamic part of ING which does business with international customers across the entire spectrum of sectors. We provide advice and financing for mergers and acquisitions, and are also involved in our customers’ day-to-day financial transactions. We have a large portfolio of international customers who enlist our help and expertise in managing their corporate finances. Wholesale Banking facilitates everyday financial services for companies and organisations, and in the case of more complex wants and needs it offers them tailor-made products and solutions.
The Wholesale Banking traineeship: route to a career in a dynamic and competitive world
ING’s Wholesale Banking traineeship prepares you for a future role in a very dynamic and competitive world. This traineeship places considerable demands on your analytical skills. You will be working in a largely deal-driven environment, and that is immediately tangible among the rest of your close-knit team.
Your first assignment: the Wholesale Banking basics
Your talent manager helps you to choose your first assignment (‘rotation’), which lasts for six months. You set to work on a concrete Wholesale Banking-related challenge which is a good introduction to the core business n Wholesale Banking.
Just some examples of assignments include:
- Helping to structure a syndicated loan (a loan that ING issues in conjunction with several other banks).
- Developing your analytical skills by working as an Analyst within Structured Finance, Corporate Finance or Financial Markets.
- Joining the Corporate Clients relationship management team, e.g. for customers that are active in the Energy & Infra or Telecom, Media & Technology sectors.
- Taking a deep dive into Excel models and analytics to provide customers with strategic input for acquisition plans, for example.
During your first rotation, you also work with trainees from other tracks on a group assignment. This helps you to discover various aspects of ING and Wholesale Banking’s role within them.
Your second assignment: the chance to work abroad
It’s up to you to arrange your second assignment. Now it’s a matter of using your network and your own initiative. Many of our trainees take this opportunity to spend six months gaining international experience, such as by working in Singapore, London or Frankfurt.
Your second year as a trainee: furthering your development in a permanent role
In your first permanent role, which lasts approximately two years, you will enhance your knowledge and hone your skills. You gain valuable experience, perhaps as an Analyst in Capital Structuring & Advisory or as a Portfolio Manager in a sector team.
The point of being a trainee is to learn a lot, and we offer you every opportunity to do so... such as during our global events. These are attended by all trainees – across sall tracks – from around the world. The training events are very intensive. They last for up to two-and-a-half weeks, including the weekends. You work on core banking skills and personal skills as well as skills that you need for your specific track: Wholesale Banking.
More training opportunities
What do you need in order to grow? Your manager helps you to decide which kind of training you need. The opportunities include personal development and competency development, as well as training courses focused on your development related to finance, data or technology. Another important focus of the Wholesale Banking traineeship is the development of your leadership skills. CFA I training is compulsory. The training programme also includes: ING value chain and the value chain of WB lending, asset and liability management basics, documentation of deals, transaction services, FM products & cross selling, and compliance.
One Way of Working, taking everyone’s talent into account
For the past few years, ING has been working in line with the ‘One Way of Working’: agile and in self-managing teams. That enables us to get things done for our customers quickly, and to offer our employees challenging work with lots of autonomy. The self-managing teams are solely responsible for achieving their team objectives, from start to finish. Collaboration, helping one another to improve and continuous innovation are all key aspects of this way of working. The hierarchy is much flatter than in teams organised along traditional lines; everyone’s contribution based on their own expertise and experience is recognised and appreciated. At ING, we use our people’s talents as our starting point and are firmly convinced that team diversity is essential to our strategic success.
Springboard to a pivotal role in Wholesale Banking
Are you looking for a springboard to a pivotal role within ING? Does the dynamic and challenging world of Wholesale Banking appeal to you? Do you have an analytical mind, a skill for strategic thinking and good business acumen? Would you like to support the success and further growth of companies, institutions and governments around the world? Are you keen to work in an international environment? If so, the Wholesale Banking traineeship at ING is ideal for you!
Choose the Wholesale Banking traineeship at ING and allow your talent to flourish. Apply for the vacancy of Wholesale Banking trainee and convince us of your potential. If you’re successful you’ll be invited to take an online assessment, which is step 2 of the selection procedure for the International Talent Programme.
You can find detailed information about the application and selection procedure here.
We can only accept complete applications, i.e. your CV and (provisional) transcripts of your bachelor and MSc grades at university level. It’s not necessary to upload a cover letter because you will be asked to answer questions about your motivation during the application process.
We will be holding two selection rounds for the starting date of 1 October 2020: