{"id":1902598,"url":"https://alion.io/job/ing-group-intern-transaction-services-sales","title":"Intern, Transaction Services Sales","company":{"id":3744,"name":"ING Group","domain":"ing.com","url":"https://alion.io/company/ing","size_band":"5000+","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"B","score":81,"open_postings":111,"ghost_share":0,"stale_share":0.739,"repost_share":0.009,"time_to_fill_p50_days":27,"computed_at":"2026-10-24T06:02:35Z"}},"role":"Early Careers","role_family":"Early Careers","seniority":"intern","employment_type":"internship","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Singapore"],"countries":["SG"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":23000,"max_usd":42000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":8},"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Microsoft Excel","optional":false}],"status":"live","first_seen_at":"2026-10-05T11:49:33Z","employer_posted_date":"2026-10-05","last_verified_at":"2026-10-23T22:22:19Z","board_verified":true,"closed_at":null,"days_open":19,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":19},"description":"ING WB Asia Internship Programme 2027\nAt ING, we're redefining what it means to be a bank, and we're looking for students who are curious, proactive, and eager to make a meaningful impact. If you're excited to learn, challenge the status quo, collaborate with diverse teams, and turn ideas into action, our internship programme offers the opportunity to gain hands-on experience, develop your skills, and contribute to an international organisation that values continuous growth and innovation.\nDepartment/Function: Transaction Services\nTeam: Transaction Services Sales\nInternship Period: 6 months ; January-June\nAbout ING Bank\nWe began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.\nOur internship programme offers more than just on-the-job experience. Through structured onboarding, development initiatives, cross-functional networking opportunities, project showcases and an intern alumni community, you'll gain valuable exposure, build meaningful connections and develop skills for your future career.\nWhat does the Transaction Services Team do in ING?\nTransaction Services (TS) cover the management and provision of trade and cash solutions to ING’s corporate clients. TS team originates, structures and manages traditional trade products such as letters of credit, documentary collections, bank guarantees as well as working capital financing solutions (receivables and payables based) typically on a limited or non-recourse basis. The team equally has ownership and responsibility to bring in liquidity for the bank through Current and Savings account. We work closely not just with the clients but internal stakeholders including, but not limited to Relationship Managers, Sector Heads, Risk Approvers across the global offices in Europe, Asia Pacific and the Americas, etc.\nWhat would you be doing?\nAssist the TS Sales team in various activities throughout the lifecycle of a new or existing transaction from opportunity inception to execution of first drawdown of program. Our interns would be expected to:Conduct financial analysis of client’s financial statements, leading to an internal credit rating used by the bank to determine credit appetite and pricing of programs;\nAnalyze trade and cash conversion cycles of clients to determine their working capital requirements and identify opportunities;\nAssist the deal principal in structuring and formulation of trade finance solutions to meet the client needs;\nCreate commercial presentations aimed at explaining the proposed solution to clients;\nAssist to draft commercial green light requests and credit proposals for the approval of new programs; and\nSupport the deal principal in drafting of the legal documentation - receivables purchase agreements, risk participation agreements, payment service agreements, etc.\n\nSupport the TS Sales team in transactions management of existing programs - funding requests, monitoring of outstanding funded assets and reconciliation at settlements; and\nSupport the TS Sales team in forecasting budget, cost and other financial matters\nWhat qualities and skills are we looking for?\nWe are looking for a passionate individual who meets the following criteria:\nCritically minded, with strong analytical and problem solving skills and an eye for detail\nHands-on, willingness to learn and stress resilient\nAble to work autonomously and on several projects simultaneously\nA good communicator and team player\nProficient in usage of MS Excel and Powerpoint\nPrior experience in credit and/or financial analysis and financial accounting is a plus\nWhat would you gain from this internship?\nAn understanding of Transaction Banking solutions, specifically how bank raises liquidity and book trade finance assets\nFinancial and credit analysis experience on clients within various industry sectors\nOperational aspects required in executing transaction banking solutions\nBasic understanding of legal documentation involved in open account trade solutions\nNeed more information?\nFor information on ING Wholesale Bank, visit https://www.ingwb.com/\nFor information on careers, visit https://www.ing.jobs/Global/Careers.htm\nDiversity, Inclusion and Belonging (DIB)\nING’s vision is to unlock our people’s full potential through our inclusive culture where everyone has the opportunity to develop and have impact for our customers and society. To achieve this vision, our policies support diversity, equity, and inclusion. As an equal opportunity employer, we do not tolerate discrimination of any kind with regard to age, gender, gender identity, cultural background, experience, religion, race, ethnicity, disability, family responsibilities, sexual orientation, social origin, or any other status protected by applicable law. If you require any assistance or if we can accommodate you in any way when participating in our application and/or interview process, please email the recruiting contact listed for the relevant position. We will be happy to work with you to ensure a fair and accessible process. Read more about our commitment to diversity, inclusion and belonging here.","description_format":"text","description_chars":5514,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":null,"security_clearance":false,"languages":[]},"benefits":["Equity"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Financial Advisory, Valuation & Restructuring","Commercial & Retail Banks","Investment Banking & M&A Advisory"],"lifecycle":[{"event":"open","at":"2026-10-05T11:49:33Z"}],"visa":[],"liveness":{"score":53,"band":"ok","label":"Likely open","p_open":1,"p_active":0.583,"p_room":0.9,"age_days":18,"expected_fill_days":27,"reasons":["conf:7","stale_co","velocity","win:mid","comp:junior,brand"],"computed_at":"2026-10-24T06:02:35Z"},"pay":null,"html_url":"https://alion.io/job/ing-group-intern-transaction-services-sales","json_url":"https://alion.io/job/ing-group-intern-transaction-services-sales.json","meta":{"generated_at":"2026-10-24T20:08:36Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":29501,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-25T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":3744},"rest":"https://alion.io/mcp/rest/get_company?id=3744"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fing-group-intern-transaction-services-sales"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fing-group-intern-transaction-services-sales"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fing-group-intern-transaction-services-sales"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/ing-group-intern-transaction-services-sales\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fing-group-intern-transaction-services-sales"}]}