Intern, Transaction Services Sales

ING Bank N.V. - Singapore; Singapore; On-site; SGD 20,000 - 31,000; Full time

Job summary

ING is offering a 6‑month Transaction Services Sales Internship in Singapore. You will assist the deal principal and TS Sales across the lifecycle of trade and cash solutions for ING's corporate clients.

The role focuses on financial analysis, structured trade finance, and client presentations in a dynamic wholesale banking environment. Ideal candidates are analytical, proactive, communicative, and able to work autonomously while handling multiple projects.

Qualifications

• Strong analytical and problem-solving abilities.
• Willingness to learn and adapt quickly.
• Ability to work autonomously and meet deadlines.
• Excellent communication and teamwork.

Responsibilities

• Assist TS Sales in the lifecycle of a transaction from inception to first drawdown.
• Conduct financial analysis of client statements to support credit decisions.
• Analyze trade and cash conversion cycles to assess working capital needs.
• Help structure and propose trade finance solutions for clients.
• Create commercial presentations explaining proposed solutions.
• Draft preliminary credit and documentation requests for approvals.
• Support documentation and settlements during transactions.
• Assist in budgeting, forecasting, and financial monitoring for programs.

Skills

Analytical thinking

Detail oriented

Autonomous

Strong communicator

Tools

MS Excel

PowerPoint

Job description

ING WB Asia Internship Programme 2027

At ING, we're redefining what it means to be a bank, and we're looking for students who are curious, proactive, and eager to make a meaningful impact. If you're excited to learn, challenge the status quo, collaborate with diverse teams, and turn ideas into action, our internship programme offers the opportunity to gain hands‑on experience, develop your skills, and contribute to an international organisation that values continuous growth and innovation.

Department/Function

Transaction Services

Team

Transaction Services Sales Internship

Period

6 months ; January-June

About ING Bank

We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor‑made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.

Our internship programme offers more than just on‑the‑job experience. Through structured onboarding, development initiatives, cross‑functional networking opportunities, project showcases and an intern alumni community, you'll gain valuable exposure, build meaningful connections and develop skills for your future career.

What does the Transaction Services Team do in ING?

Transaction Services (TS) cover the management and provision of trade and cash solutions to ING’s corporate clients. TS team originates, structures and manages traditional trade products such as letters of credit, documentary collections, bank guarantees as well as working capital financing solutions (receivables and payables based) typically on a limited or non-recourse basis. The team equally has ownership and responsibility to bring in liquidity for the bank through Current and Savings account. We work closely not just with the clients but internal stakeholders including, but not limited to Relationship Managers, Sector Heads, Risk Approvers across the global offices in Europe, Asia Pacific and the Americas, etc.

What would you be doing?

Assist the TS Sales team in various activities throughout the lifecycle of a new or existing transaction from opportunity inception to execution of first drawdown of program. Our interns would be expected to:

• Conduct financial analysis of client’s financial statements, leading to an internal credit rating used by the bank to determine credit appetite and pricing of programs;
• Analyze trade and cash conversion cycles of clients to determine their working capital requirements and identify opportunities;
• Assist the deal principal in structuring and formulation of trade finance solutions to meet the client needs;
• Create commercial presentations aimed at explaining the proposed solution to clients;
• Assist to draft commercial green light requests and credit proposals for the approval of new programs;
• Support the deal principal in drafting of the legal documentation – receivables purchase agreements, risk participation agreements, payment service agreements, etc.
• Support the TS Sales team in transactions management of existing programs – funding requests, monitoring of outstanding funded assets and reconciliation at settlements;
• Support the TS Sales team in forecasting budget, cost and other financial matters

What qualities and skills are we looking for?

We are looking for a passionate individual who meets the following criteria:

• Critically minded, with strong analytical and problem solving skills and an eye for detail
• Hands‑on, willingness to learn and stress resilient
• Able to work autonomously and on several projects simultaneously
• A good communicator and team player
• Proficient in usage of MS Excel and Powerpoint
• Prior experience in credit and/or financial analysis and financial accounting is a plus

What would you gain from this internship?

• An understanding of Transaction Banking solutions, specifically how bank raises liquidity and book trade finance assets
• Financial and credit analysis experience on clients within various industry sectors
• Operational aspects required in executing transaction banking solutions
• Basic understanding of legal documentation involved in open account trade solutions

Need more information? For information on ING Wholesale Bank, visit https://www.ingwb.com/ For information on careers, visit https://www.ing.jobs/Global/Careers.htm

Diversity, Inclusion and Belonging (DIB)

ING’s vision is to unlock our people’s full potential through our inclusive culture where everyone has the opportunity to develop and have impact for our customers and society. To achieve this vision, our policies support diversity, equity, and inclusion.

As an equal opportunity employer, we do not tolerate discrimination of any kind with regard to age, gender, gender identity, cultural background, experience, religion, race, ethnicity, disability, family responsibilities, sexual orientation, social origin, or any other status protected by applicable law.

If you require any assistance or if we can accommodate you in any way when participating in our application and/or interview process, please email the recruiting contact listed for the relevant position. We will be happy to work with you to ensure a fair and accessible process.

Read more about our commitment to diversity, inclusion and belonging here.

We’re a global bank with a strong European base, and our more than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries. Joining ING means working with friendly and collaborative people towards making a positive impact on people and planet. We believe in empowering the people around us and our customers to stay a step ahead. Working here means having the autonomy to drive progress, helping to create superior customer value and contributing to our ambition of putting sustainability at the heart of everything we do.

Here, we’re more than just a workplace – we’re a community of innovators, problem‑solvers, and forward‑thinkers, dedicated to making a real impact. Whether you’re just starting your career or seeking the next big challenge, we have opportunities that will inspire and push you to grow. Your future at ING starts with one application. Ready to join? We’ve got plenty of opportunities to match your skills and aspirations! Use the filters below the search bar – like location and job type – to help you find the perfect fit. Start exploring now and discover where your next career move could take you!