Intern, Transportation & Logistics

Why ING?
The world of banking is changing faster than ever. At ING, our strategy is to be a step ahead in life and in business and we are always broadening our horizons. Our people have a forward-thinking mentality, a strong can-do spirit and enjoy working in an agile environment.

More on ING Wholesale Banking Asia
ING Bank in Asia Pacific is part of ING Bank and covers Wholesale, Retail and Direct Banking. ING Wholesale Banking has an international network in more than 35 countries supporting clients and enabling business by structuring financial solutions.

ING Wholesale Banking is present and active in 11 major economies in Asia Pacific, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan and Vietnam. ING’s presence in Asia also includes a 13% stake in Bank of Beijing, China and a 30% stake in TMBThanachart Bank in Thailand.

Department overview
We have an internship opening in the following department:
Sector Coverage | Transport & Logistics | based in Singapore

The team is responsible for client relationship management and portfolio management for Asia Pacific based companies active in among others Shipping, Logistics and Aviation. The day to day activities include originating, structuring and executing financial transactions including loans, revolving credit facilities, structured financial markets products (including hedging of interest rates, currencies and fuel) as well as portfolio management and other related tasks. Our strategy is to be a step ahead in life and in business and we are actively pursuing more sustainable and innovative solutions for our clients who are mostly large global companies. The Transport & Logistics sector is fast evolving and plays a vital role in today’s supply chains and global economy. More importantly for ING, steering the bank’s Transport and Logistics portfolio towards net zero emissions is one of the key focus areas across sub sectors.

The Singapore office is the regional Asia Pacific headquarter with more than 600 employees and you will regularly interact with colleagues from different teams and departments.

Sustainability and portfolio climate alignment

Duties and responsibilities for the role

• Assist with portfolio emissions analysis and reporting for the banks shipping finance portfolio
• Understand and assess application of climate scenarios and decarbonization trajectories relevant to the shipping business
• Undertake analysis of climate alignment data, draw trends and reconcile data with source systems
• Co-ordinate with global teams for internal and external sustainability requirements
• Assist with (ad hoc) reporting tasks, covenant tracking, admin forms, banking procedures and reporting procedures  
• Attend meetings and prepare presentations and pitches whilst keeping an eye on sustainable and innovative solutions;
• Assist in identifying and monitoring market developments and opportunities;
• Participate in sustainability analytics product development.

What are the skills and qualifications required for the role?

• Affinity for accounting, data analytics and modelling
• Good familiarity with Excel including advanced functions and working with multiple complex data sets
• Knowledge of Power BI and Python is an advantage;
• Transportation, finance, sustainability or business studies with a keen interest to develop a career in the sustainability related verticals of the financial services sector;
• An effective team player with good interpersonal and communication skills capable of working with global teams;
• Detail oriented, systematic and strong analytical skills;
• High level of self-motivation and professionalism with ability to multi-task;
• Ability to work independently;
• Good command of spoken and written English.

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