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.
What does the Regulatory Reporting Team do in ING?
Prepare/Review MAS/Department of Statistics reports.
Perform/Review variance analysis on MAS/Department of Statistics reports.
Liaise with regulators and internal stakeholders on regulatory reporting matters.
Participate in projects relating to regulatory reporting
Participate in month-end closing activities.
Work closely with business, technology and other stakeholders from project initiation, testing to deployment
Understand business requirements and translate them into functional requirements
Evaluate business processes and ensure deliverable from project team meets regulatory requirements
Participate in projects including system migrations and analyzing impact on regulatory reporting
Enhance existing report logic and improve efficiency
Prepare/Review ledger reconciliation.
Prepare annual statutory accounts and liaise with auditors.
Maintain local procedures/controls.
Other ad hoc tasks
What would you be doing?
To work with regulatory reporting team members and understand the reg reporting space as well as work on BAU reports/ projects assigned
What qualities, skills and other criteria are we looking for?
We are looking for a passionate individual who meets the following criteria:
You should have legal work rights in the country of internship.
Ability to understand and ensure compliance with regulatory requirements
Comfortable communicating across business functions and levels of seniority
Self-starter, pro-active and team player
Able to multi- task and must be hands on
Proven analytical background
Good data management skills
Project management experience is a plus
Proficiency in Python, SQL and other tool links is a plus
Strong software skills, in particular Microsoft Excel
Good experience in Agile development methodologies
Experience in agile- related or data analytics
What would you gain from this internship?
Better understanding in the Regulatory Reporting space. This includes understanding of the reporting processes and data flow as well as importance of data quality
Need more information?
For information on ING Wholesale Bank, visit https://www.ingwb.com/
