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Quantitative Internship ALM Model Development (NMD focus)

ING Group Amsterdam, Netherlands
Posted 2 days ago Permanent Competitive
Quantitative Internship ALM Model Development (NMD focus)
ING is looking for a motivated individual to assist with the development and implementation of asset-liability management (ALM) models. As an intern, you'll work closely with our ALM team to support the development and maintenance of various non-maturing deposit (NMD) products.

Your responsibilities
  • Work on developing and maintaining ALM models for NMDs, including data input, model calibration, and scenario analysis.
  • Collaborate with the NMD team to develop behavioural models for NMDs that capture customer deposit behaviour over time.
  • Conduct sensitivity analysis and stress testing of the ALM models to assess the impact of various risk factors on the financial projections.
  • Analyze the results with both the ALM and NMD teams to identify potential areas of risk or opportunity.
  • Help prepare presentations and reports for internal stakeholders.

Who are you?
  • Currently in the final year of pursuing a degree in Econometrics, Quantitative Finance, Mathematics, Statistics, Computer Science or a related field
  • Available for at least 6 months, starting between Sep - Oct '24
  • Studying at a Dutch University, or EU citizen on a European University (non-EU citizens from non-Dutch Universities cannot join due to Visa restrictions)
  • Familiar with financial modelling techniques
  • Proficient in coding, preferably Python
  • Excellent in written and verbal communication skills

Rewards & benefits
  • The opportunity to gain practical experience in the field of ALM modelling
  • A step towards an international career at ING with a quantitative basis
  • A dynamic and agile working environment

Are you interested?
If you are passionate about finance, have a strong analytical background, and are interested in developing your skills in a dynamic and challenging environment, we encourage you to apply via the button below!

For further inquiries, please contact Ujjwal Kumar, Expert Lead - Liabilities Model Development, via Ujjwal.kumar@ing.com.

We are looking forward to receiving your application!

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.
Job ID  REQ-10076146
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