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Internship Trading Risk Management – Linear Rates

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ING

3mo ago

  • Internship
    Full-time
    Summer Internship
  • Business, Operations & Strategy
    Banking & Finance
  • Amsterdam

AI generated summary

  • You should have a Finance or Economics background, knowledge of financial products, be proactive, detail-oriented, a good communicator, a team player, and fluent in English.
  • You will manage risk books, analyze market exposures, advise the Front Office, challenge on limit breaches and trading strategies, and participate in desk reviews and risk management discussions.

Requirements

  • Study with Finance, Economics background
  • Knowledge of financial products and derivatives
  • To be proactive and willing to pick up topics as they come
  • To be a good communicator with attention to detail and able to summarise
  • To be a team player that can work with cross-functional, geographically dispersed teams and manage various stakeholders
  • To be fluent in English

Responsibilities

  • Managing risk books part of the Linear Rates team in Amsterdam consisting of 6 high value specialists.
  • Supporting your Front Office by analysing market risk exposures on the books and proving pro-active, forward-looking advice on potential events and opportunities in the market.
  • Appropriately challenging your Front Office on limit breaches, pricing, trading strategy and in the product approval and review process.
  • Participating in monthly desk reviews and Local Parameter Committee with Front Office, on limit consumption, P&L contributions and parameters, limit reviews and pro-active risk management topics.

FAQs

What is the main focus of the Internship Trading Risk Management – Linear Rates?

The main focus of the internship is to provide market risk support to the Linear Rates trading desk, which includes measuring and analyzing day-to-day Profit and Loss (P&L) and monitoring market risk exposures.

What are the key responsibilities of this internship?

Key responsibilities include managing risk books for the Linear Rates team, analyzing market risk exposures, providing proactive advice to the Front Office, challenging the Front Office on limit breaches and strategies, and participating in desk reviews and local parameter committee meetings.

What qualifications or background is required for this role?

A candidate should have a background in Finance or Economics, knowledge of financial products and derivatives, and strong communication skills.

Is prior experience in trading risk management necessary for this internship?

Prior experience is not explicitly required, but knowledge of financial products and derivatives would be beneficial.

Does this role require teamwork?

Yes, being a team player is essential as the role involves working with cross-functional and geographically dispersed teams and managing various stakeholders.

What skills are essential for success in this internship?

Essential skills include proactivity, strong communication, attention to detail, ability to summarize information, and collaboration skills.

What kind of work environment can an intern expect?

An intern can expect a fast-paced and complex environment that encourages challenging the status quo and proposing creative solutions.

Is fluency in other languages required for this role?

Fluency in English is required, while additional language skills may be beneficial but are not mandatory.

Are there opportunities for personal development in this internship?

Yes, interns will have opportunities for personal development through hands-on experience, training, and collaboration with experienced professionals in the field.

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Finance
Industry
10,001+
Employees
1991
Founded Year

Mission & Purpose

ING is a pioneer in digital banking and on the forefront being 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 to tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realize 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.