Quantitative Risk & ALM Internship (IRRBB)

ING Nederland; Amsterdam; Hybrid; EUR 6,600 - 9,000; Full time

Benefits offered by this job

Internship allowance 700 EUR

Your own work laptop

Hybrid working

Personal growth opportunities

Informal working environment

Job summary

ING's Banking Risk internship offers exposure to quantitative risk management across a global bank. You will contribute to IRRBB work, behavioural modelling of retail products, and ALM analytics while collaborating with risk and modelling specialists in multiple countries.

The role focuses on data analysis, model development, and producing clear insights for risk discussions, with opportunities to develop technical and communication skills in a dynamic environment.

Qualifications

• Final year of pursuing a Master's degree in Econometrics, Quantitative Finance, Economics, Finance, Business Analytics, or related quantitative discipline.
• Strong analytical and problem-solving skills.
• Enjoy working with data and quantitative methods; programming experience preferred (Python).

Responsibilities

• Interest Rate Risk in the Banking Book (IRRBB) related work.
• Behavioural modelling of savings, mortgages and other retail products.
• Quantitative analysis in support of Asset & Liability Management (ALM).
• Data analysis and model development; developing analytical tooling.
• Prepare clear, insightful analyses for risk and management discussions.

Skills

Quantitative skills

Analytical mindset

Python programming

Data analysis

Problem solving

Education

Master's degree in Econometrics/Quantitative Finance/ Economics/ Finance/ Business Analytics

Tools

Python

Job description

ING's Banking Risk internship offers exposure to quantitative risk management across a global bank. You will contribute to IRRBB work, behavioural modelling of retail products, and ALM analytics while collaborating with risk and modelling specialists in multiple countries.

The role focuses on data analysis, model development, and producing clear insights for risk discussions, with opportunities to develop technical and communication skills in a dynamic environment.