ING Americas is a leading financial services company, and they are seeking dynamic interns for their Risk Management division. The internship will provide exposure to various aspects of financial risk management, including market risk, credit risk, and operational risk, while developing essential analytical and reporting skills.
Responsibilities
Learn how to report and analyze daily market risk reports (VaR, sensitivities and other risk controls) and reconcile and report daily trading and funding P&L
Develop a working knowledge of various systems used to report daily risk and P&L
Assist in special project work on specific topics that may be related to your field of study
Help in recommending and deciding on credit applications for new transactions, modifications and (Risk Rating) reviews
Participate in the Portfolio/Sector review meetings and learn about various sectors and credit products
Support senior analysts with individual and sector reviews, including fundamental credit analysis, peer financial analysis, and submitting of credit reports, limits, and ratings
Assist in risk reporting and monitoring (including out-of-policy collateral, periodic market and risk reports, etc.), board presentations and participating in due-diligence calls with C-level management of ING’s counterparties
Contribute to the evaluation of problem credits and work alongside senior banker in recommending a course of action designed to maximize recoveries for the institution
Monitor the adherence of line management to risk policies, minimum standards, regulations, and monitoring for the proper functioning of managements control activities
Qualification
Required
Must be hardworking and detail-oriented
Strong multi-tasking, analytical, and problem-solving skills
High level of performance motivation, and eagerness to learn
Comfortable with Excel and spreadsheets
Team player who is able to work collaboratively with others
Rising seniors (Graduating in 2028) who are pursuing a bachelor's/master's degree in finance, Economics or business-related field
Minimum GPA of 3.3 on a scale of 4.0
Good written and verbal communications skills
In-office work requirements dependent on role
Preferred
Good quantitative and analytical skills and basic understanding of financial instruments is preferred though not required
Solid understanding of financial analysis/econometrics
Working knowledge of one or more of the following; Microsoft Excel, VBA, Access, SQL, SAS, and Python
ING Americas offers a full array of wholesale financial products, such as commercial lending, financial markets and advisory products and services in the U.S.
