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 Transaction Services Team do in ING?
Transaction Services (TS) cover the management and provision of trade and cash solutions to ING’s corporate clients. TS team originates, structures and manages traditional trade products such as letters of credit, documentary collections, bank guarantees as well as working capital financing solutions (receivables and payables based) typically on a limited or non-recourse basis. The team equally has ownership and responsibility to bring in liquidity for the bank through Current and Savings account. We work closely not just with the clients but internal stakeholders including, but not limited to Relationship Managers, Sector Heads, Risk Approvers across the global offices in Europe, Asia Pacific and the Americas, etc.
What would you be doing?
Assist the TS Sales team in various activities throughout the lifecycle of a new or existing transaction from opportunity inception to execution of first drawdown of program. Our interns would be expected to:
Conduct financial analysis of client’s financial statements, leading to an internal credit rating used by the bank to determine credit appetite and pricing of programs;
Analyze trade and cash conversion cycles of clients to determine their working capital requirements and identify opportunities;
Assist the deal principal in structuring and formulation of trade finance solutions to meet the client needs;
Create commercial presentations aimed at explaining the proposed solution to clients;
Assist to draft commercial green light requests and credit proposals for the approval of new programs; and
Support the deal principal in drafting of the legal documentation – receivables purchase agreements, risk participation agreements, payment service agreements, etc.
Support the TS Sales team in transactions management of existing programs – funding requests, monitoring of outstanding funded assets and reconciliation at settlements; and
Support the TS Sales team in forecasting budget, cost and other financial matters
What qualities and skills are we looking for?
We are looking for a passionate individual who meets the following criteria:
Critically minded, with strong analytical and problem solving skills and an eye for detail
Hands-on, willingness to learn and stress resilient
Able to work autonomously and on several projects simultaneously
A good communicator and team player
Proficient in usage of MS Excel and Powerpoint
Prior experience in credit and/or financial analysis and financial accounting is a plus
What would you gain from this internship?
An understanding of Transaction Banking solutions, specifically how bank raises liquidity and book trade finance assets
Financial and credit analysis experience on clients within various industry sectors
Operational aspects required in executing transaction banking solutions
Basic understanding of legal documentation involved in open account trade solutions
Need more information?
For information on ING Wholesale Bank, visit https://www.ingwb.com/
For information on careers, visit https://www.ing.jobs/Global/Careers.htm
This is a six month full time Internship position starting from January 2026.
