Intern, Finance - Product Control at ING in Singapore

Intern, Finance - Product Control

Location: Singapore

ING WB Asia Internship Programme 2027

At ING, we're redefining what it means to be a bank, and we're looking for students who are curious, proactive, and eager to make a meaningful impact. If you're excited to learn, challenge the status quo, collaborate with diverse teams, and turn ideas into action, our internship programme offers the opportunity to gain hands-on experience, develop your skills, and contribute to an international organisation that values continuous growth and innovation.

Department/Function: Finance

Team: Product Control

Internship Period: 6 months; January - June 2027

About ING Bank

We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.

Our internship programme offers more than just on-the-job experience. Through structured onboarding, development initiatives, cross-functional networking opportunities, project showcases and an intern alumni community, you'll gain valuable exposure, build meaningful connections and develop skills for your future career.

Job Profile Summary

We offer different internship opportunities in different departments and locations of our Wholesale bank. This vacancy focuses on positions within the FM Product Control function.

Product control is critical to safeguarding financial integrity and regulatory compliance, managing operational risks, and enabling informed decision making across trading activities. Under Product Control, the team ensures that the valuation of financial instruments, balance sheet, and profit and loss of trading and banking books within Financial Markets are measured, controlled and reported in accordance to IFRS accounting and regulatory standards.

What will you be doing?

Singapore is the regional hub for ING, including for product control activities. There are a number of different Financial Markets desks controlled/supported by Product Control including Rates, Credit, FX, Commodities, Structured products, Non-linear derivatives, etc. The internship would cover:

• Daily P&L reporting and risk based P&L analysis in terms of market risk factors
• Working on ad hoc ongoing projects related to product and valuation control
• Assisting the team lead in specific valuation and P&L analysis as and when required

There would be exposure to policies and procedures governing this desk, which in turn are based on a number of items including SOX, audit, IFRS accounting standards, regulations, bank’s risk management philosophy, current economic climate, etc.

What qualities and skills are we looking for?

- Major in Finance/Accounting and/or Quantitative Finance/Data analytics (is a plus)

- Good written and oral communication skills

- Should have sufficient knowledge of MS Excel

- VBA / coding knowledge is a plus

- Good time management and adaptability

- Collaborative and be pro-active

What would you gain from this internship?

Exposures to various Financial Market businesses which includes their respective P&L attribution, product control and valuation management framework within the bank.

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

Diversity, Inclusion and Belonging (DIB)

ING’s vision is to unlock our people’s full potential through our inclusive culture where everyone has the opportunity to develop and have impact for our customers and society. To achieve this vision, our policies support diversity, equity, and inclusion. As an equal opportunity employer, we do not tolerate discrimination of any kind with regard to age, gender, gender identity, cultural background, experience, religion, race, ethnicity, disability, family responsibilities, sexual orientation, social origin, or any other status protected by applicable law. If you require any assistance or if we can accommodate you in any way when participating in our application and/or interview process, please email the recruiting contact listed for the relevant position. We will be happy to work with you to ensure a fair and accessible process. Read more about our commitment to diversity, inclusion and belonging here.