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Salary
$41k per year
Location
Hybrid (Amsterdam, Netherlands)
Seniority
Intern
Employment
Internship

Confirmed on the employer's own hiring board on Oct 21, 2026. First seen by Alion on Oct 21, 2026. ING Group scores B on the Alion truth index.

Overview
Company
Impact
Profile match
ING is a Dutch banking group formed in 1991 by the merger of the postal bank NMB Postbank and the insurer Nationale-Nederlanden, and it was among the first large banks to build a direct, branch-light retail model. It serves retail customers in the Netherlands, Belgium, Germany, Poland, Spain and several other markets through mobile-first banking, and runs a substantial wholesale bank covering lending, transaction services and financial markets for corporate clients. Headquartered in Amsterdam and listed on Euronext, the group divested its insurance operations after the financial crisis to focus on banking.

The team

The CREC team consist of Engineers, Product Owner and Model Developers and is working on implementing and maintaining the Credit Risk Economic Capital model which is used throughout the bank, using Agile Way of Work.

Roles and responsibilities

  • To be able to do this master thesis you need to:
  • Analyse current CREC Model
  • Learn workload-runtime relationships
  • Identify or prioritise bottlenecks
  • Optimise batching, concurrency, and resources
  • Do Industry & Market Research

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

Currently pursuing a degree in AI, Machine Learning, Data Science or a related field.

  • Strong analytical and quantitative skills.
  • Proficiency in Python.
  • Proficiency in Copilot and AI-use.
  • Interest in (Credit Risk) Modelling.
  • Excellent communication skills and attention to detail.
  • Ability to work in a fast-paced, team-oriented environment.

Rewards and benefits

This is a great opportunity to train with highly skilled people who are experts in their field. You’ll do a lot and learn a lot - not only about your specialist area and the bank, but also about yourself and whether this type of environment is right for you.

You’ll also benefit from:

  • Internship allowance of 700 EUR based on 36 hours work week
  • Your own work laptop
  • Hybrid working to blend home working for focus and office working for collaboration and co-creation
  • Personal growth and challenging work with endless possibilities
  • An informal working environment with innovative colleagues

During the duration of your internship at ING, it is mandatory to be enrolled at a Dutch university (or EU-university for EU passport holders).

Questions?

Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.

About our internships

Every year, more than 350 students join our internship program. While there are no guarantees about your future, many of our former interns move into a permanent role or onto our International Talent Programme (traineeship).

Whatever happens, an internship at ING is the ideal opportunity to meet a wide variety of people, to build up your own network, and to learn about many different aspects of banking - put simply, it’s a great start to your career.

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