Internship Debt Capital Markets-Emerging Markets

Debt Capital Markets – Emerging Markets internship

The ING Debt Capital Markets (DCM) Emerging Markets CEEMEA (Central Eastern Europe, Middle East and Africa) origination team in Amsterdam offers off-cycle internship positions to high potential candidates with strong motivation to act in a competitive environment. As an Intern you will support the Originators with the aim to maximize ING’s chances to execute bond mandates for its client base.

Job description

The Internship role will among other things comprise the following aspects:

• Day to day support of (senior) originators;
• Maintaining transaction data bases and preparing market and pricing updates;
• Initial credit analysis of potential bond issuers;
• Preparing pitches for (potential) clients, identifying relevant pricing comparable and appropriate capital structures;
• Assist in liaising with ING counterparts on new opportunities, identifying bond opportunities;
• Assist in transaction structuring, whether it would be for conventional bonds or –growing in importance and volume - for sustainable bond financing solutions;
• Assist with transaction management including drafting of Offering Memorandum, executing business Due Diligence and preparing roadshow materials;
• Assisting in the preparation of transaction files for compliance and other internal control purposes;
• Any ad-hoc analysis and projects as required by your manager.

The team

The CEEMA team in Amsterdam covers the full client spectrum from financial institutions to corporates and from investment grade to non-investment grade.  

The team originates transactions from plain vanilla bond financings to liability management exercises across the capital spectrum (from covered bonds, to senior unsecured to structured subordinated/ hybrid capital, either in conventional or green/ sustainable format) and our product is distributed through ING’s global Financial Markets sales force.

The team works closely together with Product Specialists, Capital Structuring & Advisory, Ratings Advisory and Relationship Managers in the ING network advising on capital structures and funding opportunities.

Prerequisites

• Applicants will need to be EU nationals or non-EU students enrolled in an EU university
• Applicants need to be registered as a student with an educational institution for the full duration of the internship
• Applicants need to be available full-time for the full duration of the internship

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.

• Demonstrable affinity with Corporate Finance and Financial Markets
• Well-rounded academic background with coursework in finance and / or economics preferred
• Minimum of Bachelor of Science degree required, Master level preferred from an internationally acclaimed university
• Basic knowledge of international bond markets and fixed income instruments
• Basic macro-economic knowledge to ‘read’ the market and identify opportunities
• Fluent in English
• Excellent (English) writing and verbal communication skills
• Advanced Power Point and Excel skills
• Capable to read balance sheet, P&L and cash flow statements
• Ability to work well under pressure and tight deadlines and willingness to go the extra mile
• Fluency in English is required
• Applicants will need to be registered as a student with an educational institution for the entire duration of the internship
• Please note: to do an internship at ING, you must be either an EU national or a non-EU national enrolled in an educational institution in the Netherlands

What do we offer

• Unique opportunity to learn about Capital Markets in practice
• Duration: 6 months preferred
• Advanced training on the job: Bloomberg, MS Office
• Exposure to complex projects requiring cooperation with other departments
• Live deal-execution experience with an active role in deals with high market visibility and international press coverage
• Opportunity to create a network within ING as well as in the wider banking sector
• Competitive allowance and reimbursement of public transport costs

Your work environment

The Debt Capital Markets group is comprised of several capital markets businesses: Financial Institutions Group, Investment Grade Corporates, High Yield, Sustainable Markets, Emerging Markets and Capital Structuring & Liability Management. DCM is part of ING’s Global Capital Markets team within the Wholesale Bank. ING DCM is consistently top-ranked in EMEA league tables and a credible global leader around Sustainability Structuring topics (Green Bonds, Sustainability-Linked Bond, etc.)

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 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).

Questions?

Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button

If you have questions please contact: Bas Bittink, bas.bittink@ing.com

For more information about ING check: www.ing.nl

We are looking forward to your application!

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.