Intern, Working Capital Solutions

ING WB Asia Internship Programme 2027

At 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.

Department/Function: Transaction Services

Team: Working Capital Solutions

Internship Period: 6 months ; January - June 2027

About ING Bank

We 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.

Our 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.

What does the Trade Centre of Expertise Team do in ING?

Transaction Services cover the management and provision of trade and cash solutions to ING’s corporate clients. Trade Finance Services (TFS) and Working Capital Solutions (WCS) are the twin pillars of trade solutions at ING. TFS originates, structures and manages traditional trade products such as letters of credit, documentary collections, bank guarantees and invoice financing, etc. WCS originates, structures and manages (complex) working capital financing solutions (receivables and payables based) typically on a limited or non-recourse basis. Trade COE structures and provides WCS and TFS solutions for our top clients by working closely with our TS Sales colleagues and other stakeholders based in the Europe, Asia Pacific and the Americas, etc.

What will you be doing?

• Assist the Trade COE 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;
  • Analyze receivables portfolios and cash conversion cycles of clients to determine their working capital requirements and identify opportunities;
  • Assist the deal principal in structuring and formulation of Trade COE solutions to meet the client needs;
  • Create commercial presentations aimed at explaining the proposed solution to clients;
  • Assist to draft commercial green light requests and credit proposals for the approval of new programs; and
  • Support the deal principal in drafting of the legal documentation - receivables purchase agreements, risk participation agreements, payment service agreements, etc.
• Support the Trade COE team in transactions management of existing programs - funding requests, monitoring of outstanding funded assets and reconciliation at settlements; and
• Support the Trade COE team in annual reviews of existing programs.

What qualities and skills are we looking for?

We are looking for a passionate individual who meets the following criteria:

• Critically minded, with strong analytical and problem solving skills and an eye for detail
• Hands-on, willingness to learn and stress resilient
• Able to work autonomously and on several projects simultaneously
• A good communicator and team player
• Proficient in usage of MS Excel and Powerpoint
• Prior experience in credit and/or financial analysis and financial accounting is a plus

What would you gain from this internship?

• An understanding of trade solutions, specifically receivables finance and supply chain finance solutions
• Operational aspects required in executing transaction banking solutions
• Financial and credit analysis experience on clients within various industry sectors
• Basic understanding of legal documentation involved in open account trade solutions

Need more information?

For information on ING Wholesale Bank, visit https://www.ingwb.com/

For information on careers, visit https://www.ing.jobs/Global/Careers.htm

Diversity, Inclusion and Belonging (DIB)

ING’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.