Intern - Market Risk Management

About Market Risk Management of ING NL

We are responsible for managing the balance sheet of ING NL. We do this by hedging our Interest Rate and Liquidity risks in close cooperation with Group Treasury. We maintain close relations with our business stakeholders, advise them on product and pricing changes and make them aware of all relevant (macro-economic) trends and consequences.

We use state-of-the-art risk and client behavior modelling methods and technologies to explore, analyse, and leverage data. Currently, our team is working on the full migration to the target Asset & Liability Management risk system (QRM) as well as implementation of our strategic data roadmap.

The department consists of an energetic team of ca. 30 highly qualified international professionals. We have an Agile way of working and believe that empowerment is crucial for you to be successful.

Responsibilities

• Develop Excel, SQL or PowerBI-based risk reports based on the target risk system and data enabling migration thereof from the legacy system
• Prepare, analyze and enhance various risk reports used for both internal and regulatory measurements of Interest and Liquidity risks

Your profile

• A Dutch university Master (MSc) student in Econometrics, Economics or other Finance/quantitative degrees
• You are a self-starter, result-driven and flexible with a ‘hands-on’ attitude
• A keen interest in Financial Markets, financial instruments and Market Risk
• Strong analytical skills with attention to detail and critical thinking
• Good IT skills (Python, SQL, VBA)
• Excellent in written and verbal (English) communication skills
• Available for at least 6 months

What we offer

• An internship of up to 36 hours for the duration of 6 months with a possibility to extend to a maximum of 10 months.
• The position offers excellent opportunities to get acquainted with Market Risk / Asset & Liability management and data analytics competencies while working on your soft skills
• A step towards an international career at ING with a quantitative basis
• An internship allowance of 700 EUR for a 36 hour work week