HBO Internship - Market Risk Management

Deze stage is niet meer vacant

Our Market Risk Management team is an energetic team of highly qualified professionals. 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 Bank 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. The low interest rate environment is an example of such a trend.

The Market Risk Management team comprises of a team of 30 experts. We are determined to advise our business stakeholders to empower the customers of ING to stay ahead financially, in life and business. Client behaviour is crucial to us and we have loads of data. We use state-of-the-art modelling methods and technologies to explore, analyse, and leverage data. We keep up-to-date on the latest trends relevant to us such as Machine Learning modelling. The position offers excellent opportunities to broaden your market risk / asset & liability management and data analytics competencies while working on your soft skills by advising our stakeholders.

We have an agile way of working and believe that empowerment is crucial for you to be successful.

What does an intern at ING do?

We are looking for a colleague who wants to develop a successful career in managing and hedging market risks. You will become part of a team that is responsible for managing roughly 130-150 bio. of assets and liabilities contributing to around one-third of the overall ING P&L. You will perform your internship in one of our four squads. Our main task is to hedge the balance sheet in order to realise a stable margin and Net Interest Income for ING. The hedges are largely dependent on client behaviour, so you will monitor and model the behaviour and spot emerging trends using big data analytics. Because our hedges influence

the cost-price of our products, you will be asked for advice by the business tribes in pricing and product decisions. In doing so, we have to know all the details of our product offerings (mortgages, savings, current accounts, business loans, consumer loans).

You will play a central role within ING and your activities will impact ING’s overall P&L. Your success will depend on your ability to maintain good relations with our stakeholders, i.e. CRO NL divisions, Finance, the business Tribes, Corporate Financial Risk, Model Validation, Bank Treasury and also our external stakeholders ECB, DNB and the auditor of ING.

Your backpack should contain

ABachelor degree, preferably in econometrics or other quantitative studies such as Mathematics, Engineering & Physics
Experience with advanced statistical/machine learning techniques and/or data modelling software (eg. Python, R) is a pre

Additionally, you should have:

- Excellent analytical skills with a strong attention to detail
- Interest in financial services, an innovative take on banking and an unconditional drive to turn your ideas into reality
- The ability to challenge the status quo
- Great team player skills
- And of course you should be fluent in English

Furthermore, you should adhere to the ING values and it is evident for you that your behaviour is fully aligned with these values. You should also be prepared to take the Banker's Oath.

For more information, please visit

What we offer

A step towards an international career at ING with a quantitative basis
A dynamic and agile working environment

Are you interested?

Apply for this internship now! For further inquiries, please contact Bernardo Kok, Chapter Lead MRM, via

We are looking forward to receiving your application!

Please note: In order to apply for an Internship at ING, Students must be enrolled at a University for the entire duration of the internship.

Stage informatie

Organisatie: Organisatie: ING

Locatie: Amsterdam

Opleidingsniveau: $}




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