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Internship Market Risk Stress Testing Project

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ING

Aug 23, 2024

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Data
    Banking & Finance
  • Amsterdam

Requirements

  • A university student in economics, econometrics or other finance/quantitative subjects
  • A keen interest in financial markets, financial instruments and market risk
  • Good communication skills, able to manage different stakeholders
  • Self-starter, result-driven and flexible
  • Strong analytical skills with attention to detail and critical thinking
  • Affinity with programming (Python, SQL)
  • Team player
  • Fluent in English

Responsibilities

  • - Participate in the Stress Testing Squad
  • - Get familiar with the trading book portfolio, daily market risk metrics and the stress testing model
  • - Be involved in validation of the stress testing results
  • - Analyze market data history
  • - Analyze position changes in the portfolio

FAQs

What is the main responsibility of the Stress Testing Squad?

The Stress Testing Squad is responsible for monitoring, analyzing, and reporting stress tests on the market risk of trading activities, as well as coordinating and running market risk-related regulatory exercises.

What are the key tasks for the intern in this position?

The intern will be involved in validating stress testing results, analyzing market data history, and analyzing position changes in the trading portfolio.

What academic background is required for this internship?

Candidates should be university students in economics, econometrics, or other finance/quantitative subjects.

What programming skills are preferred for this internship?

Affinity with programming in Python and SQL is preferred for this role.

Is prior experience in financial markets required for this internship?

While prior experience is not explicitly required, a keen interest in financial markets, financial instruments, and market risk is essential.

What kinds of communication skills are necessary for this position?

Good communication skills are necessary to manage different stakeholders effectively.

What is the work environment like for this internship?

The work environment is dynamic and informal, emphasizing open communication, collaboration, and an Agile way of working.

Does this internship offer any financial compensation?

Yes, the internship comes with an internship allowance.

Are there opportunities for full-time employment after the internship?

While there are no guarantees, many former interns move into permanent roles or onto the International Talent Programme after their internships.

Is it mandatory to be enrolled at a university during the internship?

Yes, it is mandatory to be enrolled at a Dutch university or an EU-university for EU passport holders during the internship.

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1991
Founded Year

Mission & Purpose

ING is a pioneer in digital banking and on the forefront being one of the most innovative banks in the world. As ING we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or to tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realize their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers.