Risk Officer Internship

Fund Risk Officer Internship (m/f)

ING Solutions Investment Management (ISIM) is looking for a Fund Risk Officer Intern starting from now 2024 and for 6 months.

ING Solutions Investment Management (ISIM) is looking for a Fund Risk Management Intern to support its activities in Luxembourg.

ISIM is a subsidiary of ING Belgium (32%) and ING Luxembourg (68%). ISIM benefits from the status of a “Super ManCo” as it has received licenses to manage both UCITS and Alternative Investment Fund (AIF). ISIM currently oversees Investment Funds distributed by different Group-entities: ING Belgium, ING Luxembourg, ING The Netherlands, ING Germany, ...

ISIM is the ManCo of ING Group and is pursuing its development as a key tool for Investment Fund solutions within ING Group.

ISIM is currently composed of a total of 30 employees.

As a Fund Risk Officer Intern, you will contribute to the roles and responsibilities of the Risk Management (RM) function. You will be asked to assist the team in various controls, such as:

•    Participate and support in any projects linked to the ManCo for which the support of the Risk Management Function is required;
•    Review and analysis of fund risk metrics, such as Value-at-Risk, stress tests, liquidity calculations;
•    Review NAV reports on a regular basis to monitor fund activity and identify any unusual item;
•    Manage NAV data and update asset under management dashboards;
•    Review investment restriction control reports and escalate investment breaches;
•    Support the team to prepare reports to the Senior Mgt/Board;
•    Support the team to prepare regulatory risk reporting;
•    Develop and/or implement new risk management arrangements to improve the risk management process.

Our offer
 
This position is a great opportunity to:
•    Discover the Investment Fund industry

•    Develop and benefit from training on-the-job thanks to an expert team
•    Work for the Luxembourg entity of one of the leading banks in Luxembourg
•    Work in a convivial and dynamic environment of a human-size company but integrated within a large group

Your work environment
 

With over 1000 employees in the Grand Duchy and thanks to the combination of our local presence and the strength of a robust multinational like ING, we offer our personal and business customers a wide range of solutions through the channel of their choice.

ING is a global bank with a strong European base. 53,000 employees serve around 38.4 million customers, corporate clients and financial institutions in over 40 countries. Operating in the Grand Duchy of Luxembourg since 1960 as a universal and accessible bank, our products include savings, payments, investments, loans and mortgages for retail and private banking customers, whom we sever serve online and through our network of branches. For our Wholesale Banking clients, we provide lending, sustainable finance, payment & cash management and fund services.