Summer 2024 Intern – Financial Markets

Job Title:                              Summer 2024 Intern – Financial Markets

Experience Level:            Entry-level

Location:                              New York, N.Y.

Status:                                  Full-time; Paid (Seasonal)

Start Date:                          June 2024 (10 Week Summer Internship)

About ING

Ranked #8 on LinkedIn Top Companies in Financial Services and named to Crain’s 100 Best Places to Work in NYC

In the Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.

When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly, and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.

We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

Financial Markets Internship

About the position:

Looking to enhance your future career prospects with an internship in financial services? If you’re curious about a career in finance or banking and would like to gain more professional experience, an ING internship is your opportunity. The internship gives you a “hands-on” experience in a global financial institution.

Why you might want to consider a summer job at ING:

With us, you will have the ability to work alongside senior bankers and have the chance to contribute towards projects and assignments that will expose you to industry expertise. You will research, collect, and analyze data for various initiatives and increase your knowledge and skills to better prepare you for your career. Summer interns work on current, real-world projects and initiatives with their teams.

 Financial Markets – ING’s Financial Markets division offers hedging, investment products, and securities financing solutions to clients of ING’s Wholesale Banking division in global markets. ING’s Financial Markets teams include Global Securities Finance, Financial Engineering, Corporate Sales, Institution Sales, and Trading

Financial Markets products consist of:

• Interest Rates
• Foreign Exchange
• Commodities
• Equity Total Return Swaps
• Equity Lending & Repo
• Fixed Income Repo

Main Duties and Responsibilities of Roles for Each Business Division:

Financial Markets – expect to be exposed multiple sales and trading desks.

• Financial Markets – provides client solutions with trading and sales of financial markets products in global markets.
  • Assist senior traders and salespeople with administrative work related to deals and transactions.
  • Conduct research and provide project assistance to other FM professionals.
  • Prepare credit analysis and written reports for transactions.
  • Perform due diligence and prepare and revise presentation materials.

Profile (What we’re looking for)

Undergraduate college student, graduating in 2025 in pursuit of a bachelor’s degree in business, finance, accounting, economics, mathematics, engineering, or related field, with GPA of 3.3 or higher. Graduate students are also considered for certain roles.

Liberal arts majors interested in careers in finance and banking are welcome to apply.

Experience / Knowledge:

• Prior internship and/or relevant financial experience preferred.
• Proficient in MS Office (Outlook, Word, Teams, PowerPoint, and especially Excel)
• Financial modelling and credit writing exposure is helpful.
• VBA and/or programming skill are a plus.

Competencies:

• You are an upbeat and highly focused individual
• High level of performance motivation, and eagerness to learn
• Strong multi-tasking, analytical, and problem-solving skills
• Flexibility and stress resilience, ability to work under deadlines
• Excellent oral and written communication skills with the ability to express ideas in a persuasive, organized, and articulate manner

The salary for this role is $35/hour with the potential for overtime.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services