HBO/WO Meewerkstage Transaction Services Sales

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ING is looking for..

An intern that will join the Transaction Services Sales team of Financial Institutions/Emerging Markets (“FI TS EM”). The internship will be in Amsterdam for a minimum period of 6 months.

FI TS EM is a part of ING Wholesale Banking, Financial Institutions. The Transaction Services Sales team (“TS Sales”) in Amsterdam, has a leading position in providing risk mitigation and financing of international trade. Our counterparties are for the majority foreign banks, and ultimate clients are exporting and importing corporate clients of ING Bank. Key words for our department are: diversity, accuracy mixed with creativity, and complexity. These key concepts make this environment particularly suited for internationally minded team players with organizational skills, eye for detail, an entrepreneurial/commercial drive and the ability to perform under tight deadlines. 

 

Job description 

Processing and pricing of the trade finance transactions 

• You will handle flow trade finance transactions (i.e. letters of credit/stand-by letters of credit/guarantees) presented for approval to the TS Sales team within the set limits. In addition, you are responsible for certain aspects of the transaction handling, such as arranging the approval and the administrative settlement after closing. 

• You check whether transactions comply with certain parameters such as available limits, tenor and structure.

• You support the TS Sales Originator in all aspects of the preparation and execution of transactions and/or specific projects.

• You advise ING offices (domestic and abroad) and external clients about pricing, risk appetite and structures related to trade finance and ensures that all questions are handled adequately and timely.    

 

TS Sales support 

Depending on need, you will provide assistance to an Originator in marketing efforts and assists with the preparation for visits by the Originator. 

 

Miscellaneous 

Depending on need, other activities or projects can be part of the assignment.

 

Your work environment 

FI TS EM provides a multicultural and international environment. Both regarding direct colleagues, as well as the client base. The latter comprises international Financial Institutions, Corporate Clients and other ING departments. Due to the fast paced nature of the activities, FI TS EM provides a working environment best described as diversified, dynamic and energetic.

 

Who we are looking for? 

Personal profile: 

• Entrepreneurial/commercial mindset;

• Ambitious personality with minimum Bachelor level education. HBO students need to be in the final stage of study. WO students need to be in their final stage of a Bachelor’s degree or be studying for a Master’s degree;

• Enrolled as a student on the date the work-along internship ends.

 

Organizational and analytical skills: 

• High level of self-motivation and professional approach; 

• Good communication and interpersonal skills;

• Strong team player; 

• Fluent in English both verbally and written; another foreign language is a plus (French, Spanish, Arabic, German, Chinese); 

• Good computer skills. Focus on Excel and ING applications;

• Familiarity with trade finance products such as letters of credit, guarantees and trade loans is a plus.

 

Interested? 

Click on Apply. You can also call Erwin van der Veen, telephone: +31 20 563 5091.

For more information about ING, check: www.ING.nl/werken.

We are looking forward to your application! 

 

Please note: to do an internship at ING, you need to be registered at a Dutch educational institution during the entire period of the internship.

Stage informatie

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Vergoeding: Onbekend

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