Intern, Trading Risk Management

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

ING in Asia Pacific

In Asia Pacific, ING offers wholesale banking services across 11 markets: 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 in China and a 23% stake in TMB in Thailand.

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

Function Overview

We offer a range of internship opportunities across different departments and locations within our Wholesale Bank. This vacancy focuses on positions within the TRM department.

The Trading Risk Management (TRM) team plays a critical role in safeguarding the bank’s financial health by identifying, measuring, monitoring, and controlling exposure to market-driven risks. The department works across asset classes and business lines to ensure that trading (Financial Markets) and banking books remain within the bank’s risk appetite and regulatory boundaries.

Duties and Responsibilities

Singapore is ING’s regional hub, including for TRM activities. TRM oversees and supports Financial Markets (FM) desks—such as Rates, FX, Credit, Commodities, and Non-Linear Trading—as well as Group Treasury (GT), which is primarily responsible for managing assets and liabilities, funding and liquidity needs, interest rate risk, and investment risk in the banking book.

The internship will provide exposure to the following areas across either the FM or GT/ALM desk:

• Gain an understanding of the desk’s business and how the risk framework is designed to govern and control its activities
• Assist with daily risk reporting and monitoring key market risk metrics, such as Value-at-Risk (VaR) and sensitivities in trading books, as well as interest rate risk, liquidity risk, and FX exposures in banking books
• Assist with the preparation of management and regulatory reports covering trading risk or Treasury/ALM risk
• Track macroeconomic events and market movements that may impact risk positions
• Support system and process enhancement initiatives
• Assist the team in specific risk analyses as required

Skills & Specifications

• Currently pursuing an undergraduate degree in finance, economics, statistics, quantitative finance, or a related field
• Strong analytical and quantitative skills, with attention to detail
• A strong interest in understanding how banks manage financial risks
• Good written and oral communication skills
• Proficient in Excel; some VBA coding/programming knowledge is a plus

Additional Information

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

For information on careers, visit https://www.ing.jobs/Global/Careers.htm.

Internship Details

This is a six-month full-time internship position starting from January 2027.