Intern, Asset Securitisation (Global Capital Markets)

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: 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 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.

Who We Are

The Asset Securitisation (ASec) team continues to expand further in the Asia-Pacific (APAC) region to ensure optimal service for our clients around the globe. Be part of the growth story and help build out our footprint in APAC as a significant contribution to our value proposition for clients. We are a young and agile team that promotes a high-performance culture to achieve our targets.

Your Key Responsibilities

• Support in origination, structuring and execution of Asset Backed Securities (ABS and Residential Mortgage Backed Securities (RMBS)) programmes in which ASec has a leading role, including balance sheet funded deals and public capital markets securitisation transactions.
• Work closely with the Bond Syndicate in the execution of fast-paced public capital markets securitisation transactions.
• Assist in preparing credit memos and analysing quantitative and qualitative aspects of transactions ING is involved in, including understanding and applying ABS/RMBS rating agency methodologies and cashflow modelling of ABS transactions.
• As ING’s securitisation “centre of excellence”, continuously stay at the forefront of relevant market developments, such as the exploration of new asset classes.
• While engaging in deal activity, build exposure to a strong network of issuers and investors active in (structured) financial asset products.
• Monitor developments in Asia Pacific and European securitisation capital markets and advise clients (including ING) in a timely manner on opportunities and activities, keeping a close watch on developments, appetite and trends.
• Act as first line of defence for credit and market risk in matters concerning ASec’s asset portfolio of ABS/RMBS/Covered Loans/Warehouses/Swaps.

Your Profile

• Currently undertaking an undergraduate degree, preferably in mathematics, (business) economics, or econometrics, and ideally with some experience in (wholesale) banking.
• Strong affinity with banking, regulations and financial products.
• Strong analytical skills, attention to detail, and the ability to explain complex information in a broader context.
• Strong ability to manage deadlines and deliver on expectations while working within a global team covering all time zones.
• Enjoy working in a diverse environment where priorities shift multiple times per day across balance sheet management, balance sheet funding, bond issuance and hedging activities.
• Entrepreneurial spirit and an open mind to work on new concepts.
• Strong communication skills and fluency in English, both verbal and written.

Internship Details

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