Internship – Model Risk Oversight

At ING, we believe it’s your ideas, not your age that matter. As part of our team, you’ll work in a dynamic, international environment where you learn at a fast pace and be hands-on from the start. Our ambition is to help build a financially healthy and sustainable society for the Netherlands. A central part of Model Risk Management (MoRM) mission is to become a strategic partner to model stakeholders to enable a holistic and proactive management of model risks, supporting ING on staying step ahead of the game on managing emerging risks (e.g. AI, Ethics, ESG), designing the overall’s ING’s model strategy and ensuring effective controls.

Role and responsibilities

You’ll be involved in supporting further development and enhancements of the global MoRM framework (policy, procedures, guidance) and its consistent application across the organization – on global (headquarters) as well as local (country) level. You will assist with:

MoRM Policy gatekeeper

• Support senior experts in execution of quality assurance review of policies and procedures
• Contribute to drafting MoRM procedures and guidelines in cooperation with subject matter experts
• Support the internal policy systems administration (policy page maintenance…metadata, document uploads, graphics updates)

Communications

• Supervise and coordinate model stakeholders’ requests for advisory questions on MoRM procedures, guidelines and other documents
• Support with MRO communications, drafting and sending important updates to MoRM and external stakeholders

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.

To take on this challenging and rewarding opportunity, you’ll need:

• Master or Bachelor (third-year bachelor) student with a strong interest in banking, risk and governance
• Ability to draft clear and concise policy documents
• Good communication skills, being able to convey complex messages in simple ways both orally and in writing
• Good listener and able to obtain information from subject matter experts and incorporate stakeholders’ feedback
• Strong interpersonal skills, able to build effective working relationships and thrive in a diversified and multicultural work environment
• High degree of independence and pro-active attitude
• Team player
• Proficiency in MS office tools, excel, PowerPoint, SharePoint, Teams

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

• Flexibility to work from home and the office in Amsterdam

• Time and support for your personal development

• Internship allowance

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.

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. 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).