Internship Asset Liability Management Model Development
Build your career on Magnet.me
Create a profile and receive smart job recommendations based on your liked jobs.
We're looking for a motivated individual to assist with the development and implementation of asset-liability management (ALM) models. As an intern, you'll work closely with our ALM team to support the development of financial projections and scenarios for various assets and liabilities products.
Internship Asset Liability Management Model Development
- Amsterdam, Netherlands
- Trainee
- ING Bank
Responsibilities
- Work on developing and maintaining ALM models for assets and liabilities, including data input, model calibration, and scenario analysis.
- Collaborate with the MD ALM team to develop behavioural models that capture customer behaviour over time.
- Conduct sensitivity analysis and stress testing of the ALM models to assess the impact of various risk factors on the financial projections.
- Analyze the results with the ALM team to identify potential areas of risk or opportunity.
- Help prepare presentations and reports for internal stakeholders.
We are looking for you if you are
- Currently in the final year of pursuing a degree in Econometrics, Quantitative Finance, Mathematics, Statistics, Computer Science or a related field. Note that you must hold a student status throughout the duration of the internship.
- Available for at least 6 months
- Studying at a Dutch University (non-EU citizens on non-Dutch Universities are not allowed due to Visa restrictions)
- Familiar with financial modelling techniques
- Proficient in coding, preferably Python
- Excellent in written and verbal communication skills
What we offer
- The opportunity to gain practical experience in the field of ALM modelling
- A step towards an international career at ING with a quantitative basis
- A dynamic and agile working environment
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 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
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).
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.
International, innovative, flexible and orange!
You’ll know us through our mobile banking app that lets you carry out all your bank transactions. More than 60,000 employees serve around 40 million customers, corporate clients and financial institutions in over 40 countries.
We help our customers to stay one step ahead, in both their private and professional lives. The same goes for our own people. We make sure everyone can feel good about themselves and maintain a good work-life balance.