Intern - Sector Coverage Banker - Transport & Logistics

at  ING

ING WB Asia Internship Programme - 6 months, starting July / August, full-time
“At ING, we’re redefining what it means to be a bank and we’re looking for people with the right skills to jump on. If you’re a curious and driven student with global ambitions who wants to make a difference, our internship is for you!”
Why ING?
The world of banking is changing faster than ever. At ING, our strategy is to be a step ahead in life and in business and we are always broadening our horizons. Our people have a forward-thinking mentality, a strong can-do spirit and enjoy working in an agile environment.
More on ING Wholesale Banking Asia
ING Bank in Asia Pacific is part of ING Bank and covers Wholesale, Retail and Direct Banking. ING Wholesale Banking has an international network in more than 35 countries supporting clients and enabling business by structuring financial solutions.
ING Wholesale Banking is present and active in 11 major economies in Asia Pacific, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan and Vietnam. ING’s presence in Asia also includes a 13% stake in Bank of Beijing, China and a 30% stake in TMB Thanachart Bank in Thailand.
Department overview
We have internship openings in the following department.
Sector Coverage | Transport & Logistics | based in Singapore
The team is responsible for client relationship management and portfolio management for Asia Pacific based companies active in among others Shipping, Logistics and Aviation. The day to day activities include originating, structuring and executing financial transactions including loans, revolving credit facilities, structured financial markets products (including hedging of interest rates, currencies and fuel) as well as portfolio management and other related tasks. Our strategy is to be a step ahead in life and in business and we are actively pursuing more sustainable and innovative solutions for our clients who are mostly large global companies. The Transport & Logistics sector is fast evolving and plays a vital role in today’s supply chains and global economy.
The Singapore office is the regional Asia Pacific headquarter with more than 600 employees and you will regularly interact with colleagues from different teams and departments.

Duties and responsibilities for the role

• Prepare credit analysis and reviews, including financial modelling, financial analysis, rating analysis and market updates;
• Attend client meetings and prepare presentations and pitches whilst keeping an eye on sustainable and innovative solutions;
• Assist in syndication distribution processes and contact with other banks;
• Assist in identifying and monitoring market developments and opportunities;
• Assist with (ad hoc) reporting tasks, covenant tracking, admin forms, banking procedures and due diligence (know-your-customer) process.

What are the skills and qualifications required for the role?

• Transportation, finance, accounting or business studies with a keen interest to develop a career in the financial services sector;
• Affinity with accounting, data analytics and financial modelling;
• An effective team player with good interpersonal and communication skills;
• Detail oriented, systematic and strong analytical skills;
• High level of self-motivation and professionalism with ability to multi-task;
• Ability to work independently;
• Good command of spoken and written English.

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

Duties and responsibilities for the role

• Prepare credit analysis and reviews, including financial modelling, financial analysis, rating analysis and market updates;
• Attend client meetings and prepare presentations and pitches whilst keeping an eye on sustainable and innovative solutions;
• Assist in syndication distribution processes and contact with other banks;
• Assist in identifying and monitoring market developments and opportunities;
• Assist with (ad hoc) reporting tasks, covenant tracking, admin forms, banking procedures and due diligence (know-your-customer) process

What are the skills and qualifications required for the role?

• Transportation, finance, accounting or business studies with a keen interest to develop a career in the financial services sector;
• Affinity with accounting, data analytics and financial modelling;
• An effective team player with good interpersonal and communication skills;
• Detail oriented, systematic and strong analytical skills;
• High level of self-motivation and professionalism with ability to multi-task;
• Ability to work independently;
• Good command of spoken and written English