Wholesale Banking traineeship
Supporting customers’ success and growth
ING Wholesale Banking helps companies, institutions and governments around the world to gain access to capital in support of their success and further growth. Wholesale Banking is a dynamic part of ING which does business with international customers across the entire spectrum of sectors. We provide advice and financing for mergers and acquisitions, and are also involved in our customers’ day-to-day financial transactions. We have a large portfolio of international customers who enlist our help and expertise in managing their corporate finances. Wholesale Banking facilitates everyday financial services for companies and organisations, and in the case of more complex wants and needs it offers them tailor-made products and solutions.
The Wholesale Banking traineeship: route to a career in a dynamic and competitive world
ING’s Wholesale Banking traineeship prepares you for a future role in a very dynamic and competitive world. This traineeship places considerable demands on your analytical skills. You will be working in a largely deal-driven environment, and that is immediately tangible among the rest of your close-knit team.
Your first year: two challenging projects
Your HR trainee manager helps you to choose your first rotation, which lasts for six months. You set to work on a concrete wholesale banking-related challenge.
Just some examples of assignments include:
- Helping to structure a syndicated loan (a loan that ING issues in conjunction with several other banks).
- Developing your analytical skills by working as an Analyst within Structured Finance, Corporate Finance or Financial Markets.
- Joining the Corporate Clients relationship management team, e.g. for customers that are active in the Energy & Infra or Telecom, Media & Technology sectors.
- Taking a deep dive into Excel models and analysis to provide customers with strategic input for acquisition plans, for example.
During your first rotation you also work together with fellow trainees from other tracks on a group assignment to tackle a challenge that is relevant to our business. This gives you the opportunity to expand your network within ING, fine-tune your stakeholder management skills and learn more about yourself at the same time. The group receives guidance from an external coach.
It’s up to you to arrange your second assignment. Now it’s a matter of using your network and your own initiative. We encourage you to gain international experience during this six-month rotation, if the circumstances allow it. For example, previous Wholesale Banking trainees have worked in Singapore, London or Frankfurt.
Your second year: your third assignment and starting in a permanent role
You’re still in charge, your third rotation is arranged by you. Your HR trainee manager will help you in the decision making; will this last rotation be done to deepen knowledge of your business (within your track), of do you decide to do this rotation within a different track? Imagine: as an Analytics trainee you can gain experience as IT Engineer, or learn about one of our products or processes within the Wholesale Bank. Or as Retail Banking trainee, you can do a rotation within Risk or Operations & Change.
A permanent role lets you go deeper into the field of wholesale banking right from the start. You expand your knowledge and hone your skills, while working on your further development as an Analyst in Capital Structuring & Advisory or as a Portfolio Manager in a sector team, for example.
Sustainability
The world needs to transition to a low-carbon economy and the financial sector has an important role to play in this. At ING we take that role seriously and want to be a banking leader in driving that transition. Our integrated approach to climate action* covers four priorities, for example steering the most carbon-intensive parts of our portfolio towards reaching net zero by 2050.
As a trainee, you will also contribute to ING’s sustainability goals. How? There are two ways to do this:
- One of your three rotations will be sustainability related. There are many options! You can join a Sustainable Finance team, work on financial health topics or join a Green Tech initiative.
- The other option is to do a (group) assignment, next to your rotation, on a sustainability related topic. The choice is yours.
* Society is transitioning to a low-carbon economy. So are our clients, and so is ING. We finance a lot of sustainable activities, but we still finance more that’s not. See how we’re progressing on ing.com/climate.
Training and coaching
The point of being a trainee is to develop yourself and learn a lot, and we offer you every opportunity to do so. Your HR trainee manager coaches you during your three rotations and helps you to get the maximum benefit from your traineeship. During your traineeship, you participate in two Global Trainee events together with all ING’s trainees – across all tracks – from around the world. The first event is at the start of your traineeship, the second event is towards the end of your two-year traineeship. The events will be held live once circumstances allow this, and are focused on developing your professional and personal skills.
During your traineeship you follow a flexible training programme. For every traineeship we set one mandatory training, with content which is very relevant to your part of the bank. On top of this, you can follow two training courses that you’ll choose, which match with your rotation or permanent role.
Springboard to a pivotal role in Wholesale Banking
Are you looking for a springboard to a pivotal role within ING? Does the dynamic and challenging world of Wholesale Banking appeal to you? Do you have an analytical mind, a skill for strategic thinking and good business acumen? Would you like to support the success and further growth of companies, institutions and governments around the world? Are you keen to work in an international environment? If so, the Wholesale Banking traineeship at ING is ideal for you!
Apply
Choose the Wholesale Banking traineeship at ING and allow your talent to flourish. Apply for the vacancy of Wholesale Banking trainee and convince us of your potential. If you’re successful you’ll be invited to take an online assessment, which is step 2 of the selection procedure for the International Talent Programme.
You can find detailed information about the application and selection procedure here.
We can only accept complete applications, i.e. your CV and (provisional) transcripts of your bachelor and MSc grades at university level. It’s not necessary to upload a cover letter because you will be asked to answer questions about your motivation during the application process.