Internship - Portfolio Management Project Finance NL

Location: AME (Amsterdam - Maple), Netherlands

The role

The Portfolio Management team is the ‘center of excellence’ for the in-life management of ING’s lending exposure towards corporate clients within Sectors & Specialized Lending. It covers all activities post the initial funding to the final repayment of a lending transaction. As a front office department, it closely collaborates with Origination & Structuring colleagues and product specialists to ensure a seamless client experience. Each portfolio manager will cover a set of portfolio clients and act as the first point of contact for the ongoing credit monitoring, analytics, internal risk and other reporting. Portfolio Management supports the identification of cross-buy opportunities and is also closely involved in the delivery of ING’s capital velocity targets.

The responsibilities

The specific responsibilities of an Intern include actively managing together with the Portfolio Managers all facets of the individual files booked in the portfolio, including but not limited to:

Quarterly and annual credit reviews

Process amendment and waiver requests, write or review credit modifications, submit to risk and address Q&A, follow-up on the required legal amendments to the

documentation until execution

Review annual risk rating updates prepared by an administrative support team

Diligent and proactive credit monitoring through the review of all financial covenants

and operating performance (e.g. financial models, proforma adjustments, key drivers,

etc.) and track compliance of covenants prepared by an administrative support team

Identification and resolution of Early Warning Signals for a deterioration in credit quality

In addition, an Intern will monitor and identify together with the Portfolio Managers market developments and proactively manage their potential impact on your portfolio by:

Preparing and maintaining reports as requested by regulators or internal stakeholders

Preparing quarterly Credit Risk Management (“CRM”) portfolio reviews

Maintaining various department and industry databases/trackers

Maintaining internal portfolio tracking metrics

Responding to ad hoc internal requests on portfolio composition and exposure

Coordinating and working with offshore portfolio support teams

Managing lending limits and Capital Velocity programs

How to succeed

Education

University degree major in business/economics, law or relevant business discipline.

CFA and/or MBA a plus

Competencies

Collaborative and inclusive team player; embracing diversity and cross-cultural awareness and able to work effectively across functions

Strong financial and credit analysis capabilities

Good presentation and communication skills

Collaborative mindset

Committed and dedicated individual who wants to continuously improve

Self-motivated and willing to work in a deal oriented and deadline driven environment

Knowledge of legal documentation

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 a 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).

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.