Risk traineeship

Your talent manager will help you to choose your first rotation in the team of Market Risk, Credit Risk, Risk Model Validation, Risk & Capital Integration or Risk Services. But ultimately it’s your decision. We expect you to show that you have enough initiative and entrepreneurial drive to deserve a place on such a project team, and that you can live up to expectations. Your first rotation will introduce you to the core business of Risk. Perhaps you’ll work as a Group Risk Analyst, analyzing annual reports, external reports, financial news, company publications and macroeconomic factors from a risk perspective while taking our company’s interests into account.

It’s up to you to arrange your second rotation. Now it’s a matter of making use of your network and your own initiative. In your second rotation, you set to work in a different Risk department. We encourage you to look into the other areas within Risk in order to get a broader understanding of risk management. For example, you could work together with a team on managing all risks related to the loans held by ING, with the aim of minimising both commercial and legal risk issues. In addition to evaluating the risks involved in any transactions, you’ll also advise your colleagues on how to structure the agreements, including any mitigating factors, to ensure that they fit within ING’s risk strategy. This is your chance to demonstrate how your customer focus, professional expertise and persuasive skills can help us to improve the services we offer.

During your third rotation, you have the opportunity to join the daily life of a Risk team abroad.  Many of our trainees choose to spend this second six-month period working on an international project, such as in London, Spain, Singapore or New York.

In your first permanent job, which lasts two years, you can enhance your knowledge and sharpen your skills. You can choose to specialize, as a Junior Market Risk Manager, Quantitative Analyst or Junior Credit Risk Modelling for example. You could be involved in monitoring and analysing market risk exposures from the wider perspective of the ING Group. Perhaps you’ll be tasked with developing new risk management methodologies or improving the measurement of interest rate risk, foreign exchange risk, liquidity risk and equity risk. You’ll often be required to present your recommendations to senior management, which only serves to underline the importance of Risk Management to ING’s overall success.

These roles are just a handful of examples to illustrate the possible direction your career could take within ING. You’re in charge of your own career path. We offer you the opportunities, the tools and the facilities, but it’s up to you to use them effectively to make your traineeship a success.

Regardless of their chosen track within the ING International Talent Programme, all of our trainees attend training courses in core banking (the function of a bank, the bank balance sheet, bank funding, IT processes and Risk Management).

The training programme specifically for Risk entails studying for CFA I+II+III. You can supplement this with further study of topics such as FRM, PRM, Lean Six Sigma Greenbelt or other internal training courses (e.g. programming).

Are you looking for an express route to a management position or pivotal role within the key area of Risk at ING? Do you hold a master’s degree, preferably in Econometrics, Economics or (Quantitative) Finance (but degrees in Mathematics, Engineering and Physics are definitely also acceptable as long as you show affinity with Risk and financial services)? Do you have vision, and are you able to share it convincingly with others? Do you have strong analytical skills and strategic reasoning, do you thrive on ambitious objectives and do you dare to assume responsibility? Are you prepared to invest in yourself and your career, and are you keen to learn a lot in a short space of time, both about yourself and your specialist area?