Internship Asset Liability Management Model Development

We're looking for a motivated individual to assist with the development and implementation of asset-liability management (ALM) models. As an intern, you'll work closely with our ALM team to support the development of financial projections and scenarios for various assets and liabilities products.

• Work on developing and maintaining ALM models for assets and liabilities, including data input, model calibration, and scenario analysis.
• Collaborate with the MD ALM team to develop behavioural models that capture customer behaviour over time.
• Conduct sensitivity analysis and stress testing of the ALM models to assess the impact of various risk factors on the financial projections.
• Analyze the results with the ALM team to identify potential areas of risk or opportunity.
• Help prepare presentations and reports for internal stakeholders.

• Currently in the final year of pursuing a degree in Econometrics, Quantitative Finance, Mathematics, Statistics, Computer Science or a related field. Note that you must hold a student status throughout the duration of the internship.
• Available for at least 6 months
• Studying at a Dutch University (non-EU citizens on non-Dutch Universities are not allowed due to Visa restrictions)
• Familiar with financial modelling techniques
• Proficient in coding, preferably Python
• Excellent in written and verbal communication skills

• The opportunity to gain practical experience in the field of ALM modelling
• A step towards an international career at ING with a quantitative basis
• A dynamic and agile working environment

Every year, more than 350 students join our internship program. While there are no guarantees about your future, many of our former interns move into a permanent role or onto our International Talent Programme (traineeship).

Whatever happens, an internship at ING is the ideal opportunity to meet a wide variety of people, to build up your own network, and to learn about many different aspects of banking – put simply, it’s a great start to your career.

If you are passionate about finance, have a strong analytical background, and are interested in developing your skills in a dynamic and challenging environment, we encourage you to apply!

We are looking forward to receiving your application!

Rewards and benefits

This is a great opportunity to train with highly skilled people who are experts in their field. You’ll do a lot and learn a lot – not only about your specialist area and the bank, but also about yourself and whether this type of environment is right for you.

You’ll also benefit from:

• Internship allowance of 700 EUR based on 36 hours work week
• Your own work laptop
• Hybrid working to blend home working for focus and office working for collaboration and co-creation
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues

During the duration of your internship at ING, it is mandatory to be enrolled at a Dutch university (or EU-university for EU passport holders).

Please upload your CV and motivation letter by clicking the ‘Apply’ button.