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Non Linear Structuring Internship (6 months)

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ING

7d ago

  • Internship
    Full-time
    Summer Internship
  • Data
    Banking & Finance
  • London
  • Quick Apply

AI generated summary

  • You should be pursuing a degree in Finance/Economics with strong A-levels, Excel skills, programming knowledge (e.g., VBA, SQL, Python), excellent communication, and the ability to work independently under pressure.
  • You will assist with pricing, structuring, and executing trades, develop tools, track PnL, support client initiatives, and maintain team spreadsheets and codes at an EMEA level.

Requirements

  • - Progress towards a university degree (at least 2:1) in Finance/Economics or other relevant quantitative field.
  • - Strong A-level results.
  • - Highly competent with Microsoft Office programs, specifically Excel.
  • - Strong interest in financial markets.
  • - Programming skills (familiarity with VBA, SQL, Python, C++ would be a plus).
  • - Delivery focused with strong analytical skills.
  • - Good verbal and written communication skills.
  • - Organised and detail orientated.
  • - Energetic, creative, able to work independently and take the initiative to drive value in the Agile way of working.
  • - Ability to work under pressure.

Responsibilities

  • Day-to-day business: assisting the team with pricing, structuring, executing and booking preliminary work
  • Developing pricing, tracker and signals tools for the desk
  • Following the flash PnL sent End-of-Day to Amsterdam and Risk team
  • Involved in new trade idea: client pitching, deck preparation, team newsletter, weekly, monthly and semi-annual market updates
  • Maintaining spreadsheets and codes used by the team at an EMEA level
  • Working closely with Client Solution Group (CSG) / Sales team on client origination initiatives

FAQs

What is the duration of the Non Linear Structuring Internship?

The internship lasts for 6 months.

What department will I be working in during the internship?

You will be working in the Financial Markets department.

What types of products will I be exposed to during this internship?

You will be exposed to rates (such as caps, floors, swaptions, and structured notes) and credit products (such as securitization swaps).

What are some of the main duties and responsibilities of this internship?

Responsibilities may include assisting with pricing and structuring, developing pricing tools, following the PnL, involved in client pitching, maintaining spreadsheets, and working with the Client Solution Group.

What educational qualifications are required for this internship?

A progression towards a university degree (at least 2:1) in Finance, Economics, or a relevant quantitative field is essential.

Are there any specific skills required for this internship?

Yes, strong proficiency in Microsoft Office, particularly Excel, an interest in financial markets, and familiarity with programming languages such as VBA, SQL, Python, or C++ are important.

What personal competencies are essential for this role?

Essential competencies include strong analytical skills, good verbal and written communication skills, being organized and detail-oriented, energetic and creative initiative, and the ability to work under pressure.

Is prior experience in financial markets necessary for the internship?

While strong interest in financial markets is essential, prior experience is not explicitly required.

Where will the internship be located?

The internship will be based in London, working closely with the Brussels desk.

How will the internship contribute to my professional development?

The internship provides hands-on experience in financial markets, exposure to various structured products, and opportunities to develop analytical and programming skills in a professional setting.

Empowering people to stay a step ahead in life and in business.

Finance
Industry
10,001+
Employees
1991
Founded Year

Mission & Purpose

ING is a pioneer in digital banking and on the forefront being one of the most innovative banks in the world. As ING we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or to tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realize their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers.