Depositary Bank Services - Internship Supervision Oversight

ING Luxembourg is looking for interns for a period of 6 to 12 months (full-time or work-study) in the Securities department to strengthen its operational teams from January 2025. 

ING Luxembourg's Securities department is responsible for processing transactions in financial instruments from clients and for holding their positions. In this context, many products are processed: from the simplest such as shares, bonds or investment funds... to more complex ones, such as derivatives or alternative investments. 

The interns will have to integrate the operational services of the department, handle current operations with rigor and customer orientation while scrupulously respecting the established procedures. 

Your missions:  

• Within the Depositary Bank Supervision department: 

• Control of the evolution of the NAV, 

• Monitoring of incoming and outgoing cash, 

• Reconciliation of securities positions and verification of their valuation, 

• Verification of investment restrictions, 

• Preparation of a quarterly report. 

Your profile:  

• Training (minimum Master's degree) with a commercial, economic or financial orientation; 

• Good written knowledge of English, 

Your work environment:  

ING's mission is to empower everyone to stay ahead of the curve in life and business. This mission guides us in everything we do. 

With more than 900 employees in the Grand Duchy and combining our local presence with the strength of a strong multinational company like ING, we offer our clients, individuals and companies, a wide range of solutions through the channel of their choice. Present in more than 40 countries, ING is a global bank with a strong European base and employs 53,000 people who serve approximately 38.4 million customers.