Intern, Corporate Sector Coverage

Found in: beBee jobs PH - 1 week ago


Taguig, National Capital Region, Philippines ING Full time

ING WB Asia Internship Programme 2024

"At ING, we're redefining what it means to be a bank and we're looking for people with the right skills to jump on. If you're a smart, driven student with global ambitions who wants to make a real difference, our internship might be for you."

Position:

Intern, Corporate Sector Coverage & Financial Institutions (Wholesale Banking, Manila Branch)

Dept/Function:

Corporate Sector Coverage and Financial Institutions

Internship Period:

June/July to November/December 2024. Full time for 5 Months.

Openings

1

Please note that the application deadline for this internship is 30 May 2024.


Why ING?

The world of banking is changing faster than ever. That's why we at ING are always broadening our horizons. Our people have a forward-thinking mentality, a strong can-do spirit and enjoy working in an agile environment.

ING in Asia Pacific

In Asia Pacific, ING offers wholesale banking across 11 markets, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan, and Vietnam.

ING offers both retail and wholesale banking services in Australia. ING's regional presence includes a 13% stake in Bank of Beijing, China and a 30% stake in TMBThanachart Bank in Thailand.

Singapore is the regional headquarters for ING's Wholesale Banking (WB) business in Asia, which includes all WB business lines such as Financial Markets, Strategic Products, Sectors, Lending and Transaction Services and other support functions.

What does the Corporate Sector Coverage and Financial Institutions Team do in ING?

ING's Sector Coverage team in Wholesale Banking (WB) operates in various sectors and sub-sectors, including Corporate Sector Coverage (CSC) and Financial Institutions (FI).

CSC mainly covers diversified corporates which include large conglomerates operating in different business lines. For FI coverage, this includes banks and non-bank financial instutitons such as insurance companies, among others.

The Sector Coverage team acts as the foremost relationship contact of our various clients and manages this relationship along with the product teams of ING. This includes ensuring the needs of our clients are serviced with specialized sector knowledge across ING's multiproduct platform. As account managers, this means leading in the origination, coordination, and execution of transactions.

What would you be doing?

An intern in the CSC and FI team will be expected to:

support Account Managers by preparing account and client briefs, presentation decks, and basic financial reports;assist in the preparation and conduct of Know-Your-Customer (KYC), including onboarding of new clients, reviewing and researching on clients for due diligence, financial analysis, and identifying product opportunities; andassist in updating internal records and documents, and organizing records databaseWhat qualities, skills and other criteria are we looking for? We are looking for a passionate individual who meets the following criteria: You should have legal work rights in the country of internship.Excellent English writing skillsKnowledgeable in financial analysisGood research skillsKnowlegeable in Microsoft 365 – Word, Powerpoint, Excel, TeamsAnalytical thinkerSelf-motivated and proactive We need students who are available daily full-time (9am to 6pm) and can physically report to the office 3-4x per week. What would you gain from this internship? As an intern with the CSC and FI team, you will gain: A basic understanding and appreciation of how account managers operateAn overview of different products that ING offers to its clientsBasic understanding of wholesale banking and how an international bank operatesPresentation preparation and financial analysis skillsCoordinaiton and collaboration skills with other units of the BankAppreciation on the importance of KYC and other internal governance practicesNeed more information?
For information on ING Wholesale Bank, visit

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