Summer 2027 Internship - Lending
ING Americas · New York, NY · 6 days ago
Education$45/hrFull-time
About the role
The internship provides hands-on experience in a global financial institution, allowing you to work alongside senior bankers and contribute to deals, projects, and assignments.
Responsibilities
- Assist Lending professionals with:
- Working as part of deal teams in live deal execution, primarily project finance-typed transactions.
- Analyze transaction profitability.
- Conduct industry and market research.
- Perform credit risk analysis and contribute to the preparation of credit approval proposals.
- Prepare and/or present transaction proposals.
- Create and/or update financial models and analyze results.
- Cook up and/or update financial models and analyze results.
- Coordinate transaction closing.
- Maintain client relationships and support the team with quarterly credit reviews, ad-hoc requests, ratings, and periodic portfolio reviews or presentations.
- Support the team with cashflow and scenario analysis from the financial models.
- Aid in preparing and processing loan modification/amendment requests.
- Review and summarize ongoing reporting deliverables and track covenant compliance.
- Liaise with other product specialists and departments throughout ING.
- Stay informed of trends in various industries and the position of competitors.
- Prepare ad-hoc/general research assignments.
- Ensure clients receive an excellent level of service.
- Communicate effectively and coordinate with team members to meet deadlines.
- Support ESG assessments and risk ratings.
Requirements
- Undergraduate college student, graduating in 2028 in pursuit of a bachelor’s degree in business, finance, accounting, economics, mathematics, engineering, or related field.
- Graduate students may also be considered for certain roles.
- Liberal arts majors interested in careers in finance and banking are encouraged to apply.
- Experience / Knowledge: Prior internship and/or relevant financial experience is helpful. Proficient in MS Office (Outlook, Word, Teams, PowerPoint, and especially Excel). Financial modelling and credit writing exposure is valuable. Knowledge of project finance and / or corporate finance is desirable.
Qualifications
- You are an upbeat and highly focused individual.
- High level of performance motivation, and eagerness to learn.
- Strong multi-tasking, analytical, and problem-solving skills.
- Flexibility and stress resilience, ability to work under tight deadlines.
- Excellent oral and written communication skills, with the ability to express ideas in a persuasive, organized, and articulate manner.
Skills
- MS Office proficiency (Outlook, Word, Teams, PowerPoint, and especially Excel).
- Financial modeling and credit writing exposure.
- Knowledge of project finance and / or corporate finance.
Benefits
Full-time; Paid (Seasonal)
Pay
$45/hour
Schedule
10 Week Summer Internship