Internship – Structured Export Finance

ING Structured Export Finance Amsterdam is offering 6-month internships for talented students who are in the final phase of their bachelor or master study. We offer a stimulating and dynamic international working environment. Our team is dedicated to serving our clients and we work together in an informal yet highly professional manner.

The team

Structured Export Finance is part of Lending within ING Wholesale Banking. The SEF global network consists of units located in Amsterdam, Brussels, Paris, Frankfurt, New York, Singapore, Beijing, Seoul and Tokyo. The SEF Amsterdam team is responsible for the Dutch, UK and Nordic (Finland, Sweden, Denmark, Norway) export markets as well as the Africa and Middle East import markets.

Vacancy concerns an internship within the Amsterdam based Structured Export Finance team of currently 11 dedicated professionals, where you will be supporting colleagues with the structuring and execution of medium to long term export finance transactions. The position involves contact with clients, prospects, export credit agencies, banks, technical and legal advisors as well as cooperation with internal functions such as Credit Risk Management, Legal, Operations, and Sector teams. It may also involve supporting the team with various internal projects.

Roles and responsibilities

• Assist in developing and maintaining client relationships with (i) exporters of capital goods and related services; (ii) importers/borrowers in our home and emerging markets and (iii) Export Credit Agencies (ECAs) in order to mitigate the political and commercial risks involved in export financings and (iv) semi-governmental agencies engaged in trade promotion.
• Support origination and marketing activities: prepare presentations, term sheets and occasionally participate in meetings with clients.
• Participate in  preparing credit applications and interact with risk management for the credit approval process.
• Assist in structuring and concluding (complex) transactions, participate in negotiations of loan documents, interact with all parties involved in the financing package, coordinate the fulfillment of conditions precedent etc.
• Assist in and follow-up on leads and queries from other units within the SEF global network.
• Assist in performing research queries in markets/technologies/regulatory frameworks.

What do we offer?

• Live deal-execution experience in a dynamic international working environment.
• You will be trained extensively and will be seen as a full member of the team.
• Exposure to complex (project) financings requiring cooperation with other ING departments, consultants, banks and sponsors.
• Opportunity to create a network within ING.
• A steep learning curve
• Working in a diverse team with great energy
• Hybrid working conditions, requiring a minimum of 3 days a week in the Amsterdam office.

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.

We are looking for:

• Registered as a student at a university in the EU, note: non-EU applicants studying in the EU must be registered at a Dutch university due to visa restrictions
• Result-driven candidates that have strong analytical skills and attention to detail, combined with excellent presentation and communication skills
• You have a high proficiency in English (both spoken and written)
• Are intrinsically motivated to make a positive impact on society through your work
• Are an energetic, motivating person who can work as part of a multidisciplinary team and who can also work independently, think and act creatively, and – above all – gets things done
• Financial knowledge is not a prerequisite, but having some affinity with the financial services sector is important.
• Most importantly: you have a curious mindset and are eager to learn!

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 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

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).

Applications

When you are looking for an internship position for 6 months within Wholesale Banking – Structured Export Finance you can apply by sending an e-mail to Fethi.Erdem@ING.com and Soo.van.de.Laar@ING.com. Please add your CV and motivation letter.

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).

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.