Internship - Financial Risk (Customer Behaviour)

ing; Amsterdam; Hybrid; EUR 7,100 - 8,500; Full time

Benefits offered by this job

Internship allowance 700 EUR

Laptop provided

Hybrid working

Mentorship across countries

Global exposure

Job summary

ING is offering a Risk Analytics internship focused on Interest Rate Risk in the Banking Book (IRRBB) and ALM. You will join a global team analyzing customer behaviour for retail products like mortgages and savings, supporting risk management decisions across ING countries.

The role provides hands-on modelling exposure, cross-country collaboration, and mentorship from experienced risk professionals. Hybrid and flexible working arrangements are available during and after the internship.

Qualifications

• Currently studying economics, econometrics, mathematics, physics, data science or related fields.
• Interest in financial risk, modelling, treasury or banking.
• Experience with Python, data analysis, or visualization tools is a plus.

Responsibilities

• Support ING's global behavioural risk and ALM landscape.
• Assist in analysing customer behaviour for savings, mortgages, and other retail products.
• Help monitor and maintain behavioural and replication models used across ING countries.
• Contribute to aligning methodologies across markets and documenting key insights.

Skills

Python

Data analysis

Visualization tools

Strong English communication

Education

Economics

Econometrics

Mathematics

Physics

Data Science

Tools

Python

Job description

Kick‑Start Your Career in Financial Risk at ING

Are you curious about how customer behaviour shapes a bank's balance sheet? Do you enjoy analytical work and want to learn how risk, modelling, treasury, and commercial strategy come together in a global bank?

This internship places you at the heart of ING's Interest Rate Risk in the Banking Book (IRRBB) and Asset & Liability Management (ALM) activities. You will support a global team that develops and analyses behavioural models for products such as mortgages and savings accounts-impacting how ING manages interest rate and liquidity risks for more than 40 million customers worldwide.

You will work in an international environment, collaborating with colleagues across Europe, Asia, and Australia, and gaining hands‑on exposure to financial risk management in practice.

What You Will Learn & Do

• Support ING's global behavioural risk and ALM landscape
• Assist in analysing customer behaviour for savings, mortgages, and other retail products.
• Help monitor and maintain behavioural and replication models used across ING countries.
• Contribute to aligning methodologies across markets and documenting key insights.
• Support assessments of local model deviations and risk appetite implications.

Collaborate with global stakeholders

Work with model development teams, Model Validation, Group Treasury, and local risk teams.

Contribute to preparing materials for discussions with stakeholders across the globe.

Translate analytical results into clear and concise summaries.

Participate in high‑impact risk analysis

Why This Internship Is Unique

• Global exposure: Work with teams in multiple countries and learn how global banks manage IRRBB and liquidity risk.
• Hands‑on impact: Your work supports real risk decisions and model enhancements.
• Learning & development: Get exposure to modelling, risk frameworks, regulatory topics, and analytics.
• Cross‑functional cooperation: Learn how Risk, Treasury, Modelling, and commercial teams work together.
• Growth opportunity: Ideal stepping stone for a future role in risk, modelling, or ALM.

Who We're Looking For

A motivated student who wants to learn, contribute, and grow.

Your background

You are currently studying economics, econometrics, mathematics, physics, data science, or related fields.

Interest in financial risk, modelling, treasury or banking.

Experience with Python, data analysis, or visualization tools is a plus.

Your strengths

You are curious and proactive in asking questions.

You enjoy analytical work and problem‑solving.

You can communicate complex ideas in a simple way.

You enjoy working with people from different backgrounds and cultures.

Strong English communication skills (written and verbal).

What We Offer

A high‑quality learning experience within a global risk management team.

Mentorship from experienced colleagues across multiple countries.

Access to ING's learning platforms, trainings, and development tools.

Hybrid and flexible working environment.

A collaborative, open, and supportive culture.

Internship compensation in line with ING policy.

Rewards and benefits

This is a great opportunity to train with highly skilled people who are experts in their field. You'll do a lot and learn a lot - not only about your specialist area and the bank, but also about yourself and whether this type of environment is right for you.

You'll also benefit from:

• Internship allowance of 700 EUR based on 36 hours work week
• Your own work laptop
• Hybrid working to blend home working for focus and office working for collaboration and co-creation
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues

During the duration of your internship at ING, it is mandatory to be enrolled at a Dutch university (or EU-university for EU passport holders).

About our internships

Every year, more than 350 students join our internship program. While there are no guarantees about your future, many of our former interns move into a permanent role or onto our International Talent Programme (traineeship).

Whatever happens, an internship at ING is the ideal opportunity to meet a wide variety of people, to build up your own network, and to learn about many different aspects of banking - put simply, it's a great start to your career.