ALM Model Development Internship

Details

This internship provides an opportunity to assist with the development and implementation of asset-liability management (ALM) models. The candidate will work closely with the ALM team to support financial projections and scenario analysis for various asset products.

Responsibilities

• Develop and maintain ALM models, including data input, model calibration, and scenario analysis.
• Collaborate with the team to develop behavioral models capturing customer behavior over time.
• Conduct sensitivity analysis and stress testing of ALM models to assess risk factors.
• Analyze results with the team to identify potential risks or opportunities.
• Prepare presentations and reports for internal stakeholders.

Requirements

• Currently in the final year of a degree in Econometrics, Quantitative Finance, Mathematics, Statistics, Computer Science, or related field.
• Must maintain student status during the internship.
• Available for at least 6 months.
• Enrolled at a Dutch university (non-EU citizens must be at Dutch institutions due to visa restrictions).
• Familiarity with financial modeling techniques.
• Proficient in coding, preferably Python.
• Excellent written and verbal communication skills.

Benefits

• Practical experience in ALM modelling.
• Opportunity towards an international career at ING with a quantitative basis.
• Dynamic and agile working environment.
• Internship allowance of 700 EUR per month based on a 36-hour work week.
• Work laptop provided.
• Hybrid working model blending home and office work.
• Personal growth and challenging work environments.
• Informal atmosphere with innovative colleagues.

Additional Information

The internship requires enrollment at a Dutch or EU university throughout. Many interns progress to permanent roles or international talent programs at ING.

If interested, candidates should submit CV and motivation letter as part of the application process.