Internship Model Validation
€700 per month
Key Skills
Job Description
Join ING's Model Risk Management Department as an intern and gain valuable experience in the dynamic field of model risk management. As an intern, you will have the opportunity to work with a diverse and energetic team of highly qualified professionals, contributing to the validation and improvement of risk models used across ING. About The Model Risk Management Department The Model Risk Department plays a vital role in safeguarding the quality and reliability of models used throughout ING. Models are critical for decision-making processes across various risk domains. The department's mission is to ensure that these models are fit for purpose, comply with regulations, and provide accurate insights for effective risk management. What You Will Do Conduct literature research related to financial crime detection and machine learning. Analyze large datasets to identify patterns and trends. Develop and evaluate statistical or machine learning models. Assess model performance and explainability. Present your research outcomes to both technical and non-technical stakeholders. Deliver an MSc thesis based on your research project. What We Are Looking For Currently enrolled in an MSc program in Data Science, Artificial Intelligence, Computer Science, Econometrics, Statistics, Mathematics, Physics, or a related field. Strong analytical and problem-solving skills. Experience with Python, R, or similar analytical tools. Interest in machine learning and data modelling. Good communication skills in English. Curious, proactive, and eager to learn. Why join us? Gain hands-on experience in model risk management and validation within a leading global bank. Work alongside experienced professionals and learn from their expertise in various risk domains. Contribute to the ongoing improvement and enhancement of risk models across ING. Explore a wide range of models and risk areas, expanding your knowledge and skill set. Embrace a culture of innovation, continuous learning, and professional development. Rewards And Benefits This is a great opportunity to train with highly skilled people who are experts in their field. You’ll do a lot and learn a lot – not only about your specialist area and the bank, but also about yourself and whether this type of environment is right for you. You’ll Also Benefit From Internship allowance of 700 EUR based on 36 hours work week Your own work laptop Hybrid working to blend home working for focus and office working for collaboration and co-creation Personal growth and challenging work with endless possibilities An informal working environment with innovative colleagues During the duration of your internship at ING, it is mandatory to be enrolled at a Dutch university (or EU-university for EU passport holders). Interested to learn more? If you are excited about the prospect of contributing to the Model Risk Management Department's mission and gaining practical experience in the field of model risk management, apply today. Join ING and be part of a team that is shaping the future of risk management in the banking industry. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button. 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.
Core Responsibilities
Research financial crime detection and machine learning, analyze large datasets, and develop and evaluate statistical or machine learning models. Assess model performance and explainability, present findings to technical and non-technical stakeholders, and complete an MSc thesis based on the research project.
Requirements
Applicants must be enrolled in an MSc program in a relevant field, such as data science, artificial intelligence, computer science, econometrics, statistics, mathematics, or physics. They should have strong analytical and problem-solving skills, experience with Python, R, or similar tools, an interest in machine learning and data modeling, and good English communication skills.
Benefits
- Work Laptop
- Hybrid Working
- Personal Growth
- Challenging Work
- Informal Working Environment
- Professional Development
About ING Nederland
Industry: Banking
Company size: 10,001+ employees
ING is a global bank with a strong European base. With 14,500 employees in the Netherlands, we’re one of the biggest employers in the country. Our research tells us that we stand out here because of our great working culture, competitive benefits and interesting work. We believe in sustainable progress for all, not just for the few. We aim to support and contribute to economic, social and environmental progress. Because progress doesn’t start with perfection. It starts with people, their ideas and their drive to make things better. Collaborative and inclusive We’re proud of our diverse and multinational make-up. Joining the ING team means contributing to a collaborative and inclusive culture, having a hybrid way of working and being part of the positive impact that we strive to make on people and the planet. We don’t believe in one ‘perfect’ way of doing things. The best solutions emerge when people work together, stay curious and learn from each other. You’ll get responsibility from day one, along with the trust and freedom to make your own choices and contribute your perspective. Purpose ING’s purpose is empowering people to stay a step ahead in life and in business. This purpose guides us in everything we do. Rather than telling our people what to do, we trust them and encourage them to carve out their career in a way that works best for them. We want to enable people to grow in their own way, without being held down. Because doing great things starts by doing your thing. So, are we offering the perfect job? Maybe not. But you might find something better: a place where you can be yourself, keep growing and make an impact through the work you do.