Internship - Market Risk Stress Testing Project

Details

As part of Financial Risk, the scope of TRM is ING's Financial Markets (trading) business. Within that scope, the Stress Testing Squad is responsible for monitoring, analyzing and reporting stress tests on the market risk of the trading activities. In addition, the squad has an important role in coordinating and running all market risk-related regulatory exercises, such as the EBA Stress Test.

You will participate in the Stress Testing Squad and get familiar with the trading book portfolio, daily market risk metrics and the stress testing model. You will be involved in validation of the stress testing results, analyses of market data history and analyses of position changes in the portfolio.

Team

We offer a dynamic work environment where a young, small team collaborates to drive innovation and achieve excellence. Our culture is rooted in open communication, with regular team meetings and an Agile way of working. As an intern, you'll work in a supportive informal atmosphere that encourages growth and development and gives you the opportunity to work and grow alongside our team.

We work in a dynamic environment, balancing daily measurement and analysis with the rapid changes in the financial markets and increasing demands from the regulators.

Responsibilities

• Learn and work with the trading book portfolio and daily market risk metrics
• Support validation of stress testing results
• Analyse historical market data and position changes in the portfolio
• Support regulatory market risk exercises and reporting (e.g., EBA Stress Test)
• Collaborate with other TRM risk teams and departments within ING

Requirements

• Currently enrolled university student in economics, econometrics or other finance/quantitative subjects
• Keen interest in financial markets, financial instruments and market risk
• Strong analytical skills with attention to detail and critical thinking
• Good communication skills and ability to manage different stakeholders
• Self-starter, result-driven and flexible
• Affinity with programming (Python, SQL)
• Team player
• Fluent in English
• Candidates must be studying in the Netherlands (or at an EU university for EU passport holders)

Benefits

• Internship allowance of 700 EUR (based on a 36-hour 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 learning opportunities
• An informal working environment with innovative colleagues

Additional information

• During the internship it is mandatory to be enrolled at a Dutch university (or EU-university for EU passport holders).
• For questions or to apply, contact the recruiter attached to the advertisement or upload your CV and motivation letter via the Apply button.