Internship STA in Management Portfolio and Distribution team

ING

Stage informatie

Organisatie: ING

Locatie: Amsterdam

Opleidingsniveau: WO

Periode:

Type: Werkstage

Vergoeding:

Deze stage is niet meer vacant

6m-12m STA (starting as of May/June 2021)

STA in Portfolio Management and Distribution team in Wholesale Banking/ Financial Institutions Sector

A challenging opportunity has arisen for the STA candidate to join the Portfolio Management and Distribution team (PMD) of Financial Institutions (FI) in Amsterdam. The PMD team, has a leading position in providing risk diversification, mitigation and distribution for the FI portfolio, with a strong focus on FI Trade Clients and Corporate trade clients. The team has well developed capabilities to fulfil ING’s strategic ambition on Originate to Distribute. While cooperating closely with various internal stakeholders, our main counterparties are top international banks, large insurance companies and several multilateral organizations.

Key words for our desk are diversity, accuracy mixed with creativity, and complexity; making this an environment particularly suited for an internationally minded team player with organizational skills, eye for detail and commercial drive combined with an ability to perform under tight deadlines.

KEY RESPONSIBILITIES

Your Tasks:

  • Cooperate with FI Trade Finance Services (TFS) Originators to analyse optimal exposures, actively explore possibilities for efficient and effective limit utilization (through distribution and participation)
  • Proactively find solutions for best distribution structures and implement these in a project based way together with the relevant stakeholders (i.e. Origination, Legal, Risk, Product Management, Operations)
  • Legal negotiation of framework documentation between ING and its secondary partners
  • Source, negotiate and execute FI trade finance transactions bought on secondary market, including Transactional Due Diligence.
  • Implement smooth and correct transaction execution for covered and bought transactions (incl. data quality)
  • Manage current relationships with secondary market counterparties as per the defined portfolio strategy
  • In-depth knowledge of trade related structures and documentation
  • Responsible for price setting for secondary market deals, taking into consideration the underlying primary transaction and the pricing policy for respective regions
  • Advise and update FI TFS Origination and Management about pricing trends and deliver market intelligence.
  • Report periodically or ad-hoc on portfolio, distribution and participation activities.

KEY COMPETENCIES

Qualification Requirements:

  • Ambitious professional with Bachelor’s or Master’s degree;
  • Good communication and interpersonal skills, strong team player;
  • Experience in trade finance and/or banking is a plus;
  • Experience in credit analysis and approval process is a plus;
  • Strong financial & analytical skills;
  • Ability to identify and focus on the business opportunities in the region;
  • High level of self-motivation and professional approach;
  • Critical attitude and attention to detail;
  • Fluent in English both verbally and written; another foreign language is a plus (French, Spanish, German, Chinese etc.)

What do we offer?

We offer a stimulating 6m-12 STA in a dynamic working environment.

  • 40-hours working week (36 hours is discussable)
  • Job scale 09-11
  • Internship for 6 months, but longer is also possible

Please submit your application for this role via the online application. For additional information please contact Fatiha Ameziane by mail or phone on 06-21261501.

Stage informatie

Organisatie: Organisatie: ING

Locatie: Amsterdam

Opleidingsniveau: $stage.educationLevel.name}

Periode:

Type: Werkstage

Vergoeding:

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