Intern, Working Capital Solutions

Why ING?
The world of banking is changing faster than ever. That’s why we at ING are always broadening our horizons. Our people have a forward-thinking mentality, a strong can-do spirit and enjoy working in an agile environment.

ING in Asia Pacific

In Asia Pacific, ING offers wholesale banking across 11 markets, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan, and Vietnam.

ING offers both retail and wholesale banking services in Australia. ING’s regional presence includes a 13% stake in Bank of Beijing, China and a 30% stake in TMBThanachart Bank in Thailand.

Singapore is the regional headquarters for ING's Wholesale Banking (WB) business in Asia, which includes all WB business lines such as Financial Markets, Strategic Products, Sectors, Lending and Transaction Services and other support functions.

What does the Working Capital Solutions Team do in ING?

Transaction Services cover the management and provision of trade and cash solutions to ING’s corporate clients. Trade Finance Services (TFS) and Working Capital Solutions (WCS) are the twin pillars of trade solutions at ING. TFS originates, structures and manages traditional trade products such as letters of credit, documentary collections, bank guarantees and invoice financing, etc. WCS originates, structures and manages (complex) working capital financing solutions (receivables and payables based) typically on a limited or non-recourse basis. We work through our dedicated Trade teams based in the Europe, Asia Pacific and the Americas, etc. supported by our central teams based in Amsterdam and Brussels.

What would you be doing?

• Assist the WCS team in various activities throughout the lifecycle of a new or existing transaction from opportunity inception to execution of first drawdown of program. Our interns would be expected to:

  • Conduct financial analysis of client’s financial statements, leading to an internal credit rating used by the bank to determine credit appetite and pricing of programs;

  • Analyze receivables portfolios and cash conversion cycles of clients to determine their working capital requirements and identify opportunities;

  • Assist the deal principal in structuring and formulation of WCS solutions to meet the client needs;

  • Create commercial presentations aimed at explaining the proposed solution to clients;

  • Assist to draft commercial green light requests and credit proposals for the approval of new programs; and

  • Support the deal principal in drafting of the legal documentation – receivables purchase agreements, risk participation agreements, payment service agreements, etc.

• Support the WCS team in transactions management of existing programs – funding requests, monitoring of outstanding funded assets and reconciliation at settlements; and

• Support the WCS team in annual reviews of existing programs.

What qualities and skills are we looking for?

We are looking for a passionate individual who meets the following criteria: 

• Critically minded, with strong analytical and problem solving skills and an eye for detail

• Hands-on, willingness to learn and stress resilient

• Able to work autonomously and on several projects simultaneously

• A good communicator and team player

• Proficient in usage of MS Excel and Powerpoint

• Prior experience in credit and/or financial analysis and financial accounting is a plus

What would you gain from this internship?

• An understanding of trade solutions, specifically receivables finance and supply chain finance solutions

• Operational aspects required in executing transaction banking solutions

• Financial and credit analysis experience on clients within various industry sectors

• Basic understanding of legal documentation involved in open account trade solutions

Need more information?

For information on ING Wholesale Bank, visit https://www.ingwb.com/

For information on careers, visit https://www.ing.jobs/Global/Careers.htm

This is a six month full time Internship position starting from July 2026.