Intern - Corporate Sector Lending - Wholesale Banking

The Programme

ING WB Asia Internship Programme 2024 
 
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 smart, driven student with global ambitions who wants to make a real difference, our internship might be for you. 
 
What does the CSL Team do in ING? 
 
Credit process:

• Performing credit analysis of corporations. 
• Securing commercial approval for stakeholders. 
• Structuring loan facilities. 
• Credit facility documentation and negotiation.

Client Relationship

• Coordination with client during idea generation, facility setup, and utilization. 
• Pushing for facility utilization. 
• Deal making.

Internship Period: January to June 2024. Full time for 3-5 Months.

What You Will Do

• Assist in credit analysis and write-ups for corporate client facilities. 
• Data gathering to support credit review process. 
• Perform calculations needed in relation to financial analysis. 
• Assist in preparing checklist to ensure that all necessary clauses are covered. 
• Preparation of any internal or external presentations, reports, other data collation type. . documents that assist in decision making, or other requirements.

What would you gain from this internship?

• Capacity to perform credit analysis. 
• Understanding of what factors determine risk and how to mitigate using credit structures. 
• Appreciation of key clauses in loan documentation. 
• Understanding of return vs. risk criteria and process of loan pricing. 
• Versatility.

Required Skills and Abilities

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

• You should have legal work rights in the country of internship. 
• Understanding and comfortability with reading financial statements. 
• Decent grasp of basic accounting concepts. 
• Proficiency in excel.

We need students who are available full-time daily (9am to 6pm) and can physically report to the office 3-4x per week. 
 
Please note that the application deadline for this internship is 15 December 2023. 
 
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.