Intern - Commodities, Food & Agri, Singapore

Why ING?
The world of banking is changing faster than ever. That’s why we at ING are always broadening our horizons. Our people have a forward-thinking mentality, a strong can-do spirit and enjoy working in an agile environment.
ING in Asia Pacific
In Asia Pacific, ING offers wholesale banking across 11 markets, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan, and Vietnam.
ING offers both retail and wholesale banking services in Australia. ING’s regional presence includes a 13% stake in Bank of Beijing, China and a 30% stake in TMBThanachart Bank in Thailand.
Singapore is the regional headquarters for ING's Wholesale Banking (WB) business in Asia Pacific, which includes all WB business lines such as Financial Markets, Strategic Products, Sectors, Lending and Transaction Services and other support functions.
What does the Commodities, Food & Agri (“CF&A”) Team do in ING?
Commodities, Food & Agri is a global team, consisting of more than 250 professionals dedicated to providing financial solutions to clients involved in the trading of physical commodities (energy, metals and minerals, and agriculture), as well as the producers and processors of metals and minerals, and food and agricultural products. This internship will focus specifically on clients active in the Metals, Mining & Fertilisers (“MMF”) as well as in the Food, Beverage & Agribusiness (“FB&A”) subsectors in the APAC region.
MMF APAC is responsible for relationships and business development with Asian and Australian ING WB Clients who have metals and mining activities in countries from China, Mongolia, Indonesia and Australia. The MMF sector covers the following industries: copper mining & smelting, iron ore mining, bauxite mining (and associated aluminum smelting and refining), nickel mining and processing and gold mining and processing. With the global transition to an energy system based on renewables expected to lead to a sharp increase in demand for critical minerals, there is a growing focus on critical battery minerals such as lithium and nickel, across the mining, smelting and precursor segments.
ING has consistently held a top-3 spot in the global league tables as a lead arranger in mining transactions, with a very strong track record in project finance. MMF provides (structured) corporate debt solutions for the mining sector to finance acquisitions, mine expansions, greenfield construction, or to refinance existing debt. Besides supporting clients through structured lending, the team works together with other products teams to provide clients access to a whole suite of banking products i.e. advisory services, financial markets, debt capital markets etc.
FB&A APAC is a newly established sector coverage team at ING Singapore, dedicated to strengthening the bank’s relationships with key FB&A players across the region. The team focusses on product-agnostic deal origination and fostering strategic dialogue with clients, aiming to deliver the full breadth of ING’s capabilities. With strong emphasis on supporting clients’ growth ambitions, the team leverages on ING’s global network and comprehensive wholesale product suite to drive client value.
FB&A’s coverage encompasses ING’s 11 core markets across APAC and spans the entire food & agri value chain. This includes upstream origination (e.g. farm inputs, grains & oilseeds), farming and processing (e.g. dairy, animal protein, fresh produce) and the downstream consumer chain (e.g. branded F&B products, food retail, foodservice, food logistics, food packaging). In addition, the team coordinates with other regions to support ING’s global FB&A clients in executing their banking requirements across APAC.
Given ING’s global sustainability leadership, FB&A also plays a key role in facilitating sustainable business models, and guiding clients on their journey towards lower emissions and their sustainability goals.
What would you be doing?
We are looking for an intern to join the CF&A team where there will be opportunities to work alongside our relationship managers and deal principals in the business. The intern will be part of the client deal teams and assist in the following:
Preparation of various client origination and strategic pitches;
Preparation and writing of credit papers for structured lending transactions;
In-depth financial and benchmarking analysis;
Research on prospect companies and for strategy papers;
Internal reports and dashboards for reporting and research purposes;
Other adhoc projects
What qualities, skills and other criteria are we looking for?
We are looking for a passionate individual who meets the following criteria:
You should have legal work rights in the country of internship (Singapore);
Strong interest in commodity markets;
Familarity with Excel (Visual Basics) and Powerpoint;
Strong financial and analytical skills;
Experience with data visualization;
Must possess a ‘hands-on’, ‘can do’ mentality;
Good commun