Intern, Commodity Trade & Finance

Why ING

The world of banking is changing faster than ever. Thats 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. INGs regional presence includes a 13% stake in Bank of Beijing in China and a 30% stake in TMBThanachart Bank in Thailand.

Singapore is the regional headquarters for INGs 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.

Trade and Commodity Finance

Trade Commodity Finance (TCF) focuses on supporting traders engaged in the origination processing wholesale distribution & logistics and marketing of commodities across the energy metals and agriculture commodity sectors.

Through a deep-rooted global network TCF maintains a leading position in the market offering tailored financing solution to commodity trading businesses.

Overview: The TCF internship offers a unique opportunity for individuals seeking hands-on experience in the dynamic world of commodity financing. Interns will support key TCF activities within the client-facing Front Office Team working closely with various internal stakeholders.

Interns will be immersed in a collaborative environment that fosters learning and will gain invaluable experience into the workings of a global financial institution.

Duties and Responsibilities

Front Office

Client Management

• Together with the Account Officer (AO)you have the responsibility to help the AO in managing banking services (including transactional trade finance products) offered to clients (or prospective clients)

• Liaise with clients within the portfolio in deal management / transaction requests and ensuring that proposed deals are in conformity of the banks risk appetite and/or approved credit facility parameters

• Work closely with relevant product including Middle Office Risk Operations Financial Markets among others) to ensure smooth and timely execution of transactions and timely completion of credit reviews/credit modifications

• Assist in credit & operational tasks including credit reviews customer due diligence management call reports covenant monitoring and management reporting

• Participate in ad-hoc projects or assignments reporting commercial and clients meetings where necessary

What are the skill and qualification requirements of the role

• Minimum GPA of 3/4 or equivalent

• Strong analytical skills and the ability to execute tasks efficiently

• Resourceful and proactive mindset to learning and problem solving

• Positive attitude in dealing with challenging and difficult situations