Trading Risk Internship Programme (12 months)

ING

2mo ago

Applications are closed

Internship
Full-time
Off-cycle Internship
Banking & Finance
London

Requirements

Qualification/Education:
Essential: progress towards a university degree (at least 2:1) in Finance/Economics or other relevant quantitative field. Strong A-level results.
Experience/Knowledge:
Essential:
Highly competent with Microsoft Office programs, specifically Excel.
Strong interest in financial markets.
Desirable:
Programming skills (familiarity with VBA, SQL, Python, C++ would be a plus).
Personal Competencies:
Essential:
Delivery focused with strong analytical skills.
Good verbal and written communication skills.
Organised and detail orientated.
Approachable and willing to challenge different stakeholders, such as front office, higher management and other support functions.
Energetic, creative, able to work independently and take the initiative to drive value in the Agile way of working.

Responsibilities

Reporting of the P&L and Risk for a specific trading desk.
P&L reporting includes: confirmation of full trade coverage with reconciliation breaks appropriately managed; explanation of the P&L.
Risk reporting includes: Value at Risk reporting and validation of the computation through full trade coverage validations and market data checks; sensitivity reporting and limit checking.
Developing a deep understanding of the products and markets covered by the trading desk.
Discussing results / market developments with the trader.
Pro-actively looking for risks / market development / control issues that are not covered by standard reporting.
Analyse counterparty exposure metrics, such as Potential Future Exposure.
Contribute to project supporting the following: Stress Testing, Initial Margining, capital calculations, ING funding requirements.

ING

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.