Internship Transition Accelerator

ING Wholesale Banking; Amsterdam; Hybrid; EUR 7,800 - 8,900; Full time

Benefits offered by this job

Internship allowance 700 EUR

Company laptop

Hybrid work

Personal growth opportunities

Informal working environment

Job summary

ING Transition Accelerator within ING Wholesale Banking offers internships for final-year students and MBA candidates. You will research transition technologies, assist with origination of new business opportunities, and support timely execution of transactions in collaboration with Risk, Corporate Finance and Legal.

Hybrid working with a minimum of three days per week in the Amsterdam office, you will partake in deal execution, KYC checks, and building a professional network while gaining

Qualifications

• Registered student at a university in the EU (visa rules may apply for non-EU students)
• Strong analytical and detail-oriented mindset with good presentation skills
• Excellent written and spoken English required

Responsibilities

• Conduct research into transition technologies and industries and present findings to the team.
• Assist with origination of new business opportunities and prepare client pitch materials.
• Assist with timely execution of transactions and coordinate with risk, corporate finance and legal teams.
• Support project management of internal processes, including committee meetings and KYC checks.
• Contribute to the internship program and network within ING.

Skills

Analytical skills

Presentation skills

Communication skills

English proficiency

Education

Student at EU university

Tools

MS Office

Job description

The Transition Accelerator (“TA”) team is a sector team within ING’s Wholesale Banking division. The newly formed team acts to mobilise capital for new sustainable technologies and markets. TA is focused on the following emerging industries which are critical to the development of the new value chains required for a sustainable economy.

We focus on mobilising capital, whereby we conduct research to understand the project, technology and market, we perform credit and financial analysis to determine if a project is ‘bankable’, and work with lawyers to negotiate the loan documentation.

ING TA team is offering internships for talented students who are in the final phase of their bachelor, master study or MBA.

Description

• You will conduct research into important transition technologies and industries and present your findings to the team.
• You will assist with the origination of new business opportunities, for example by preparing client pitch materials, in cooperation with team members.
• You will assist with timely execution of transactions, working with internal
• stakeholders throughout the deal chain, for example, Risk Management, Corporate Finance, and Legal.
• You will support the team in the project management of important internal processes, such as committee meetings and Know Your Customer (“KYC”) checks.

What do we offer?

• Live deal-execution experience in important industries for the transition
• Exposure to complex (project) financings requiring cooperation with international companies, law firms, consultants, banks and development financial institutions as well as other ING departments
• Opportunity to create a network within ING
• A steep learning curve and ample upskilling opportunities (the team has weekly learning sessions).
• Working in a diverse team with great energy
• Hybrid working conditions, requiring a minimum of 3 days a week in the Amsterdam office.

Ideal Competencies And Experience

We are looking for:

• Registered as a student at a university in the EU, note: non-EU applicants studying in the EU must be registered at a Dutch university due to visa restrictions
• Result-driven candidates that have strong analytical skills and attention to detail, combined with excellent presentation and communication skills
• You have a high proficiency in English (both spoken and written)
• Are intrinsically motivated to make a positive impact on society through your work
• Are an energetic, motivating person who can work as part of a multidisciplinary team and who can also work independently, think and act creatively, and – above all – gets things done
• Financial knowledge is not a prerequisite, but having some affinity with the financial
• services sector is important.
• Most importantly: you have a curious mindset and are eager to learn!

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 a 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.