Intern Portfolio Management (f/m/x)
Required skills
Job description
ING Wholesale Banking posted this role. Below, we break down what it means for a working student in Frankfurt: your weekly hours, take-home pay and visa limits. You can also open ChatGPT or Claude with a ready-made prompt to tailor your CV, check your fit, draft a cover letter or prep for the interview.
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Description provided by ING Wholesale Banking
Your Tasks
- You're joining our dedicated team of portfolio management experts in their work to help manage our structured lending portfolio and get a behind-the-scenes look at Object Finance (Real Estate, Transportation), Project Finance (Energy, TMT, Mining and Acquisitions) and Structured Export Finance.
- In concrete terms: you assist the team in the execution of transactions and in the management and monitoring of our lending exposures and get to know the ins and outs of our workflow first-hand.
- Of course, you are also involved in the drafting and approval process for credit modifications, rating updates and credit reviews including due diligence as well as disbursing loans to clients – all while familiarising yourself with ‘conditions precedent’ and loan utilization requests.
- This way you learn about the ING lending processes across sectors, products and markets and are able to support us in developing portfolio reports, dashboards and presentations for our management’s analysis.
- Enrolled in a Bachelor’s / Master’s degree in business or economics with strong academic achievements or in the gap year between Bachelor and Master studies
- Prior internship in German Financial Institutions preferred
- Interest in structured finance / lending complemented by prior experience / internships in the field of banking, consulting or accounting
- Proficient in MS Office products, especially Excel and PowerPoint
- Analytical, motivated, detail-oriented team player with excellent communication skills
- Very good English both written and spoken, a second language is appreciated
- Willingness to contribute to shaping the world of tomorrow
- Available for 4-6 months (please specify the exact time period incl. start date in the cover letter)
- Attractive salary, free Deutschlandticket, 30 days’ vacation, company restaurant
- Teamwork as equals in a relaxed atmosphere
- Hybrid working: In addition to working in the office, you can also work remotely – within operational, regulatory and legal requirements.
- Powerful networking opportunities, personal and professional continuing education possibilities, as well as numerous offers for fitness, preventative care, nutrition and work-life balance
At ING we are colourful and diverse: different personalities with different perspectives - an international culture where we value and appreciate each other. We believe in substance over style, people instead of labels.
How about it?
Simply apply online – the quickest way is if you already have your cover letter, CV, and certificates at hand.
Working student essentials
What this Finance internship in Frankfurt means for you: the pay rules, the social contributions, and what international students should check before applying.
Weekly hours
Internships have no 20-hour cap, but a voluntary internship longer than three months generally has to pay at least the German minimum wage. Mandatory internships in your study programme are exempt.
Working student rulesSocial contributions
Mandatory internships are largely exempt from social contributions. Voluntary internships are treated like regular employment once they run long enough, so contributions usually apply.
Check your insuranceInternational students
Non-EU students can work 140 full or 280 half days per year (raised from 120/240 in March 2024). A working student contract usually fits within this — confirm the exact limits printed on your residence permit.
Studying in Germany
