Intern, Financial Markets and Group Treasury Product Controller at Ing Firm

Singapore, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

13 Mar, 26

Salary

0.0

Posted On

13 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Finance, Accounting, Quantitative Finance, Communication Skills, MS Excel, VBA, Coding, Compliance, Integrity, Time Management, Adaptability, Collaboration, Proactivity

Industry

Banking

Description

Why ING? The world of banking is changing faster than ever. That’s why we at ING are always broadening our horizons. Our people have a forward-thinking mentality, a strong can-do spirit and enjoy working in an agile environment. ING in Asia Pacific In Asia Pacific, ING offers wholesale banking across 11 markets, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan, and Vietnam. ING offers both retail and wholesale banking services in Australia. ING’s regional presence includes a 13% stake in Bank of Beijing, China and a 30% stake in TMBThanachart Bank in Thailand. Singapore is the regional headquarters for ING's Wholesale Banking (WB) business in Asia, which includes all WB business lines such as Financial Markets, Strategic Products, Sectors, Lending and Transaction Services and other support functions. Function Overview We offer different internship opportunities in different departments and locations of our Wholesale bank. This vacancy focuses on positions within the Financial Markets (FM) And Group Treasury (GT) Product Control function. Product control is critical to safeguarding financial integrity and regulatory compliance, managing operational risks, and enabling informed decision making across trading activities. Under Product Control, the team ensures that the valuation of financial instruments, balance sheet, and profit and loss of trading and banking books within Financial Markets are measured, controlled and reported in accordance to IFRS accounting and regulatory standards. Duties and responsibilities Singapore is the regional hub for ING, including for product control activities. There are a number of different Financial Markets and Group Treasury desks controlled/supported by Product Control including Rates, Money Markets, Credit, FX, Commodities, Structured products, Non-linear derivatives, etc. The internship would cover: • Daily P&L reporting and risk-based P&L analysis in terms of market risk factors • Working on ad hoc ongoing projects related to product and valuation control • Consolidation of Daily P&L reporting for the Asia region. • Assisting the team lead in specific valuation and P&L analysis as and when required There would be exposure to policies and procedures governing this desk, which in turn are based on a number of items including SOX, key control testing, audit, IFRS accounting standards, regulations, bank’s risk management philosophy, current economic climate, etc. What do we ask of you? (Skills & Specifications) · Major in Finance/Accounting and/or Quantitative Finance streams (is a plus) · Good written and oral communication skills · Should have sufficient knowledge of MS Excel · VBA / coding knowledge is a plus · Compliance and integrity · Good time management and adaptability · Collaborative and be pro-active in helping the team What would you gain from this internship? Exposures to various Financial Market and Group Treasury businesses which includes their respective P&L attribution, product control and valuation management framework within the bank. 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 This is a six-month full-time Internship position starting from January 2026. 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!

Responsibilities

The intern will assist in daily P&L reporting and risk-based P&L analysis, as well as work on ad hoc projects related to product and valuation control. They will also help consolidate Daily P&L reporting for the Asia region and assist the team lead with specific valuation and P&L analysis.