Intern, FM Front Office Support

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: Financial Markets Team: Front Office Support 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. Job Profile Summary As a Front Office Support (FOS) Intern, you will support the Financial Markets (FM) Sales and Trading businesses across a wide range of front office support, client lifecycle, control, reporting, and operational activities. You will work closely with Front Office, Operations, Compliance, Risk, KYC, and other support functions to help ensure the efficient functioning of FM business activities and processes. What will you be doing? • Support Financial Markets Sales and Trading desks in day-to-day front office support and control activities. • Assist in trade validation and trade lifecycle management processes across Financial Markets systems and products. • Work closely with FX, Rates, Structured Products, Fixed Income, and Global Securities Finance (GSF) desks to support business activities and operational workflows. • Monitor and support lifecycle events including rate fixings, option exercises, corporate actions, settlements. • Assist in validating trade economics, settlement calculations, and reconciliation of structured product cash flows with Operations teams. • Support collateral management activities, including monitoring and reporting for non-cash collateral portfolios within the Asia Global Securities Finance business. • Prepare, maintain, and distribute daily management information and control reports, including: • P&L Flash Reports • FX Option Expiry Reports • Trade Cancel and Amend Reports • Other desk and management reporting requirements • Assist in investigating discrepancies, escalating issues to relevant stakeholders where required. • Provide administrative and operational support to Front Office teams, including workflow requests, reference data maintenance, and Financial Markets deal capture code setup. Client & Stakeholder Management Support • Support the Front Office Support team in acting as a key coordination point between Front Office and various support and advisory functions. • Assist in coordinating and tracking urgent operational issues and escalations related to settlements, reporting, client onboarding, and trading activities. • Assist with the implementation of regulatory requirements and business initiatives impacting the Financial Markets client base. • Support periodic client remediation, data quality, and regulatory review exercises affecting Financial Markets clients. Governance, Controls & Projects • Assist in maintaining procedures, operational guidelines, and control documentation. • Participate in business initiatives, process improvement projects, automation efforts, and digitalisation activities to enhance operational efficiency. What do we ask of you? (Skills & Specifications) • Undergraduate in an economic, finance or science/mathematical discipline • Previous banking internships would be an advantage • Highly skilled in Excel Spreadsheets, working with macros is preferred • Fluent in spoken and written English; • Detail oriented, systematic and strong analytical skills What would you gain from this internship? • Exposure to Financial Markets products including FX, Rates, Fixed Income, Structured Products, and Securities Financing. • Understanding of the end-to-end trade and client lifecycle within a global financial institution. • Hands-on experience working with Sales, Trading, Operations and Client Management teams. • Exposure to front office controls, regulatory processes, client onboarding, and business transformation initiatives. • Opportunities to contribute to process improvement, automation, and strategic projects within the Financial Markets business. 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 ema…