Job description

Start Date: January– June 2026

TRM is a central part of ING’s Financial Risk management framework with its primary responsibility being the assessment, monitoring, and managing risks of financial markets products. TRM is responsible for the market risk management and product control activities of trading books, and responsible for Asset Liability Management control activities by assessing interest rate and liquidity risk.


In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.

Responsibilities

  • Learn how to report and analyze daily market risk reports, including VaR, sensitivities, and other risk controls
  • Reconcile and report daily trading and funding P&L
  • Develop a working knowledge of systems used to report daily risk and P&L, including Sophis, MUREX, Summit, and Peoplesoft products
  • Assist with special project work on topics related to your field of study
  • Analyze and deliver market risk and P&L reports by the end of the internship
  • Develop an understanding of various trading asset classes, including security financing, fixed income (rates/credit/fx), commodities, and bank asset/liability management
  • Contribute to efforts to streamline reporting and reconciliation efficiencies

Job requirements

Undergraduate or graduates studying business, finance, accounting, economics, mathematics, engineering, or related field.  Liberal arts majors interested in careers in finance and banking are welcome to apply.

Experience / Knowledge:

  • Comfortable with Excel and spreadsheets.
  • Working knowledge of one or more of the following; Microsoft Excel, VBA, Access, SQL, SAS, and Python
  • Solid understanding of financial analysis/econometrics

Competencies:

  • Must be hardworking and detail-oriented.
  • Strong multi-tasking, analytical, and problem-solving skills
  • High level of performance motivation, and eagerness to learn
  • Team player who is able to work collaboratively with others
  • Good quantitative and analytical skills and basic understanding of financial instruments is preferred though not required.
  • Good written and verbal communications skills
  • 2-3 days (~20 hours) In-office work preferred, with option to work 1-2 days from home

Other

Hourly rate: $35 per hour

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and service

Disclaimer: Careers in Commodities and the Erasmus Commodity & Trade Centre hold no responsibility for the accuracy of the information presented above. For most accurate and up to date information, refer to the official website of the vacancy offeror.