WO Graduate/ Workalong Internship CR Strategy Improvements

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WO Graduate/ Workalong Internship CR Strategy Improvements

Length: minimum 4 months
Start date: by arrangement
Location: Amsterdam, the Netherlands
Submittion: A cover letter, resume, and transcript must be submitted in order to be considered for the position.


ING’s strengths include a well-known brand that is positively recognised in many markets, a strong financial position, our international network and omnichannel distribution strategy. Not to mention our efforts to contribute to a sustainable world. ING is among the leading banks in the Dow Jones Sustainability Index (Europe and World) and is included in the FTSE4Good index. ING Group shares are listed in Amsterdam (INGA NA, INGA.AS), Brussels and New York (ADRs: ING US, ING.N). We operates in 40 countries in Europe, Asia, and the Americas. Our corporate headquarters are in Amsterdam.

At ING, you will join the Risk Department within the MoRM (Model Risk Managment) Credit Risk team. The MoRM Credit Risk Team is an energetic international team of highly qualified professionals within the Model Risk Management department. This fast growing team is responsible for validating the risk models used by ING worldwide. We assure that models (PD, LGD, EAD, IFRS9, INCAP, Stress-test and Credit Decision) are appropriate for intended use and compliant with internal policies and external regulations. Our goal is to increase the ING’s understanding of a model’s limitations & weaknesses and contribute to ongoing model improvement and ensure the added value of models.


In collaboration with your tutor who will provide your training, you will participate in the following missions:

The objective of this internship is first to learn about IFRS9 concept, and ING internal approach to estimate the Expected Credit Loss (ECL).

Secondly, you will propose and develop one or several alternative approaches in order to challenge the current methodology which is based on several statistics assumptions. You will focus on the Retail portfolio and deal with dataset with high number of customers, sufficient to get relevant results.

You will present the results to the team and the head of department and you will have the opportunity to discuss with various stakeholder as well.

You will also discover the daily validation function and the mathematical techniques used to assess the risks to which the bank is exposed.

Who are we looking for?

  • Currently preparing a MsC (final year) with a speciality econometrics / finance / risk / audit / statistics / Computer Science.
  • Fluent in English.
  • Programming knowledge in SAS or another similar programming language.
  • An independent, creative and pro-active way of working;
  • Critical but positive constructive mind-set;
  • A team player; and
  • Excellent communication skills.


Apply directly online! For questions or more information please contact Roko Uglesic roko.uglesic@ing.com

Stage informatie

Organisatie: Organisatie: ING

Opleidingsniveau: $stage.educationLevel.name}


Type: Werkstage


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