ING

INTERNSHIP - Fund Oversight Officer

ING  •  Luxembourg, LU (Onsite)  •  2 months ago
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Job Description

To support our ING Solutions Investment Management (ISIM) team we are seeking a Fund Oversight Officer Intern to join for a 6-month internship beginning in 1st May 2026

Please note that only students who can provide a valid internship agreement (school convention) will be considered.

ISIM is a subsidiary of ING Belgium (32%) and ING Luxembourg (68%). ISIM benefits from the status of a “ Super ManCo” as it has received licenses to manage both UCITS and Alternative Investment Fund (AIF).
ISIM currently oversees Investment Funds distributed by different Group-entities: ING Belgium, ING Luxembourg, ING The Netherlands, ING Germany, ING Spain and ING Italy.
ISIM is the Management Company of ING Group and is pursuing its development as a key tool for Investment Fund solutions within ING Group.
It currently has over 35 employees divided into several teams.


Your Missions:


As Fund Oversight Controller Trainee, you will contribute to the oversight and control of the delegated functions (Fund Administration and Depositary).


You will be asked to assist the team in various controls, such as:

  • Review and analyse the Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) of the funds, including monthly reviews and exception reports from delegates.

  • Review the reconciliations between the fund records and the custodian records.

  • Monitor stale and manual prices.

  • Participate in monthly meetings with delegates and draft the meeting minutes.

  • Review the draft annual accounts and other fund reporting.

  • Assist in the preparation of Board meetings.

  • Oversee the coordination of the fund corporate life cycle (general meetings of shareholders, board circular resolutions, etc…)

  • Verify and check the financial statements.

  • Perform various administrative tasks.


Given the size of the team, the Fund Controller Trainee will also provide support in various operational tasks of the ManCo whenever needed.



Our offer:



• Discover the Investment Fund industry

• Develop and benefit from training on-the-job thanks to an expert team
• Work for the Luxembourg entity of one of the leading banks in Luxembourg
• Work in a convivial and dynamic environment of a human-size company but integrated

within a large group



Your profile:


Knowledge and experience


• Study in Economics / Finance
• Good knowledge of Word and Excel


Skills


• Flexible and eager to learn
• Team player
• Fluency in French and English, knowledge of other languages being considered as an asset.


Your working environment

With over 900 employees in the Grand Duchy and thanks to the combination of our local presence and the strength of a robust multinational like ING, we offer our business customers a wide range of solutions through the channel of their choice.

ING is a global bank with a strong European base. 53,000 employees serve around 38.4 million customers, corporate clients, and financial institutions in over 40 countries. Operating in the Grand Duchy of Luxembourg since 1960 as a universal and accessible bank, our products include savings, payments, investments, loans and mortgages for private banking customers, whom we sever serve online and through our network of branches. For our Wholesale Banking clients, we provide lending, sustainable finance, payment & cash management and fund services.

ING

About ING

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

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Amsterdam, NL
Year Founded
Unknown
Website
ing.com
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