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, 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 25% stake in TMB 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 Interest Rates Trading Team do in ING?
Interest Rates Trading is part of the Financial Markets division in ING. The Singapore desk provides pricing and liquidity in interest rate derivatives to the broad spectrum of ING corporate clients as well as to ING Asia’s regional rates trading desks in Seoul, Shanghai, Manila, and Taipei.
Our mandate covers Interest Rate Swaps, Cross Currency Swaps, and FX Forwards/Swaps, in G10 and 10 other Asian currencies.
What would you be doing?
Assisting with BAU tasks such as risk checks, reporting, and cash management
Working closely with our traders to support risk management, trading strategies, and P&L calculations
Maintaining and improving existing files and processes – which could be part of larger projects that will benefit the desk
What qualities, skills and other criteria are we looking for?
We are looking for a passionate individual who meets the following criteria:
You should have legal work rights in the country of internship.
Self-driven in learning and process improvement
Intermediate understanding of Global Financial Markets
Basic understanding of derivatives
Strong command of Excel (VBA is a big plus) - e.g. nested logic functions, lookups
What would you gain from this internship?
An indepth understanding of risk management within the rates trading environment as well as a the processes involved in hedging risks profitably within mandated strategies in an efficient and compliant manner.
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 May/June 2026.
ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers
