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 CSG Team do in ING?
The Client Solutions Group (CSG) is part of the Financial Markets Sales organization and comprises of professionals with a solid background in products such as rates, foreign exchange, inflation, commodities, equity, and credit. The team is setup as a center of expertise for hedging and investment solutions and focuses on more bespoke business or niches in which it takes on advisory, structuring, quantitative analytics, and/or execution roles. CSG works closely together with teams within FM such as Origination Sales, Execution Sales, Trading, and Research as well as Wholesale Banking specialists in Sector Coverage and Capital Markets & Advisory.
What would you be doing?
At CSG, you will be able to:
Develop real problem solving skills in the context of Financial Markets
Gain multidisciplinary exposure on different products and perspective on client needs and problems
Go through intense practical experience on the use of derivatives to solve client investment and risk management requirements
Duties and responsibilities
Prepare power point pitches and other marketing materials for clients
Prepare termsheets for trades executed
Conduct research and prepare the regular updates of the weekly dashboards
Assist with client onboarding requirements such as account opening
Facilitate pre-deal economics information (exposure profiles, derivatives credit charge pricing calculations (XVA) to FM deal originators
Work with multi-disciplinary deal teams to structure and provide hedging insights for strategic transactions
Assist seniors in coming up with deal-related client risk analysis, dashboards and news update to better guide FM senior management and other ING stakeholders
What qualities, skills and other criteria are we looking for?
We are looking for a passionate individual who meets the following criteria:
Keen interest and basic understanding in Financial Markets
Ability to work on various transactions/projects at the same time, often under pressure, and to prioritize resources accordingly
Strong presentation skills (making Powerpoint pitches, presenting)
Methodical, logical, systematic, pro-active and solution-driven approach
Entrepreneurial and commercially driven
Eager to learn from and to share knowledge with colleagues
University degree in finance, economics, and/or CFA or equivalent academics
Knowledge of financial markets products (derivatives) will be a plus
You should have legal work rights in the country of internship.
What would you gain from this internship?
You will be part of a multi-asset solutions team surrounded by product experts in specialized areas through which you will get a feel for the world of high-touch structured transactions.
Need more information?
For information on ING Wholesale Bank, visit https://www.ingwb.com/