ALM Modelling Internship

Details

We are looking for a motivated intern to join our Asset & Liability Management (ALM) Model Development team, focusing on modelling of non-maturing deposits. This role offers a unique opportunity to work at the intersection of finance and programming, contributing to models that drive critical risk and balance sheet decisions.

Responsibilities

• Assist in developing and enhancing ALM models for non-maturing deposits.
• Implement and optimize financial and econometric models using Python.
• Support data analysis, scenario testing, and model validation.
• Collaborate with team members to integrate quantitative insights into business processes.

Requirements

• Currently in the final year of pursuing a degree in Econometrics, Quantitative Finance, Mathematics, Statistics, Computer Science or a related field.
• Available for at least 6 months, starting in Mar 26.
• Studying at a Dutch University (non-EU citizens from non-Dutch Universities cannot join due to Visa restrictions). During the duration of the internship at ING, it is mandatory to be enrolled at a Dutch university (or EU-university for EU passport holders).
• Strong programming skills, preferably in Python and/or JavaScript.
• Understanding of econometrics and financial modeling concepts.
• Analytical mindset with attention to detail.
• Excellent written and verbal communication skills.

Rewards and benefits

• Internship allowance of 700 EUR based on a 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.
• 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.

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

Questions / Contact

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. For further inquiries, please contact Ujjwal Kumar, Expert Lead – Liabilities Model Development, via [email protected].

About our internships

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). 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.