IR MD ALM Assets Internship

at ING
📍 Amsterdam, Netherlands
EUR 8,400 per year
EUR 4 per hour
INTERN
✅ Hybrid
✅ Visa Sponsorship

🕙 36 hours per week

SCRAPED

Used Tools & Technologies

Not specified

Required Skills & Competences ?

Python @ 5 Statistics @ 3 Communication @ 3 Mathematics @ 3 Stress Testing @ 3 Agile @ 3

Details

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

Responsibilities

  • Develop and maintain ALM models for assets, including data input, model calibration, and scenario analysis.
  • Collaborate with the assets 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.
  • Analyse results with the ALM team to identify potential areas of risk or opportunity.
  • Help 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 a related field. Student status must be maintained throughout the internship.
  • Available for at least 6 months.
  • Studying at a Dutch university (note: non-EU citizens enrolled at non-Dutch universities are not allowed due to visa restrictions).
  • Familiarity with financial modelling techniques.
  • Proficient in coding, preferably Python.
  • Excellent written and verbal communication skills.

What we offer / Benefits

  • Opportunity to gain practical experience in ALM modelling.
  • A step towards an international career at ING with a quantitative basis.
  • A dynamic and agile working environment.
  • 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 opportunities and challenging work.
  • Informal working environment with innovative colleagues.

Additional information

  • During the duration of the internship at ING it is mandatory to be enrolled at a Dutch university (or an EU university for EU passport holders).
  • For inquiries: Mauricio Barriga Monteverde, Expert Lead ALM Model Development Assets — [email protected].