Job description

What does the Commodities, Food & Agriculture (CFA) Team do in ING?

CF&A is one of the Wholesale Banking sectors and services a range of international commodity, food and agricultural clients. The portfolio is diverse, ranging from food companies to players in the metals and mining segment. The sector composes of three subsectors being Trade and Commodity Finance (TCF), Food Beverage and Agri (FB&A) and Metals Mining and Fertilizers (MMF), serving clients across the supply chains.

The Transaction & Regulatory team (T&R) with CF&A is looking for an intern who enjoys working in an international environment. As an intern with us, you will work closely with commercial front office colleagues and T&R colleagues in other sector teams and play a key role in supporting the delivery of banking services to our clients.

Responsibilities

What would you be doing?

  • Works closely with the Relationship and Portfolio Managers, ensuring all required documents, reference data, and critical information are reviewed for operational feasibility, optimal execution.
  • Assist to monitor and maintain portfolio hygiene across workflows in Risk and Compliance.
  • Collect and review legal loan documentation to perform a detailed review against required Legal, Credit, and Regulatory approvals, as per Bank policy, as well as perform loading of Facility in ING system.
  • Assist in credit & operational tasks including customer due diligence management, credit and rating review monitoring, covenant monitoring and management reporting.
  • Liaise and arrange account openings, facility letters and other credit legal documentation in co-ordination with both internal and external stakeholders.
  • Check and analyze the accuracy and timeliness of data, identify critical data gaps, work with system owners to extract the required data and to automate the process.
  • Ability to operate in a challenging and rapidly changing environment with a desire to accept new assignments and the ability to learn new principles and dynamic systems quickly.

Job requirements

What qualities, skills and other criteria are we looking for?

We are looking for a passionate individual who meets the following criteria:

  • Ability to work independently, prioritize tasks and take ownership.
  • Good analytical skills, with keen interest to find out more.
  • Resourceful and willingness to work with clients / stakeholders for solutions.
  • Positive attitude in dealing with challenging and difficult situations.
  • Fluent in English, both verbally and written.

Other

For information on ING Wholesale Bank, visit https://www.ingwb.com/

Disclaimer: Careers in Commodities and the Erasmus Commodity & Trade Centre hold no responsibility for the accuracy of the information presented above. For most accurate and up to date information, refer to the official website of the vacancy offeror.