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Intern, Corporate Sector Lending (Wholesale Banking, Manila Branch)

Intern, Corporate Sector Lending (Wholesale Banking, Manila Branch)

INGTaguig, Manila, Philippines
30+ days ago
Job description

ING WB Asia Internship Programme 2024

At ING, we’re redefining what it means to be a bank and we’re looking for people with the right skills to jump on. If you’re a smart, driven student with global ambitions who wants to make a real difference, our internship might be for you.

Position :

Intern, Corporate Sector Lending (Wholesale Banking, Manila Branch)

Dept / Function :

Corporate Sector Lending (CSL)

Internship Period :

July 2024 Onwards. Full time for 5 Months.

Openings

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, the 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 30% stake in TMBThanachart Bank 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 CSL Team do in ING?

  • Credit processPerforming credit analysis on corporationsSecuring commercial approval for stakeholdersStructuring loan facilitiesCredit facility documentation and negotiation
  • Client RelationshipCoordination with client during idea generation, facility setup, and utilizationPushing for facility utilizationDeal making

What would you be doing?

  • Assist in credit analysis and write-ups for corporate client facilities
  • Data gathering to support credit review process
  • Perform calculations needed in relation to financial analysis
  • Assist in preparing checklist to ensure that all necessary clauses are covered.
  • Preparation of any internal or external presentations, reports, other data collation type documents that assist in decision making, or other requirements
  • Special Projects : branch revenue tracking, process mapping, file collaboration setup

    • 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
  • Understanding and comfortability with reading financial statements
  • Excellent communication skills, both written and verbal
  • Ability to make presentations, with the ability to create decks with associated software / applications (MS Powerpoint, Canva,
  • Decent grasp of finance & accounting concepts
  • Intermediate proficiency in excel
  • Knowledge / Experience in process mapping
  • Basic knowledge of file collaboration setup (Google Suite, Sharepoint,

    • What would you gain from this internship?

  • Capacity to perform credit analysis
  • Understanding of what factors to determine risk and how to mitigate using credit structures
  • Appreciation of key clauses in loan documentation
  • Understanding of return vs. risk criteria and process of loan pricing
  • Understanding of various branch processes
  • Versatility

    • Need more information?

    For information on ING Wholesale Bank, visit