Equity Capital Markets Syndicate Intern

ING’s Equity Capital Markets Syndicate team has a vacant internship position with starting date from September / October 2024 onwards with a duration of 5 to 6 months (to be agreed).

ING’s Equity Capital Markets team

Equity Capital Markets (ECM) is a joint venture between ING’s Corporate Finance and Global Capital Markets departments and advises companies on equity capital raising on international stock markets. Products covered by ECM include Initial Public Offerings (IPOs), technical listings, follow-on equity issuances, secondary offerings, share buybacks, preference shares issuances and equity-linked transactions.

Our team has a strong track record of assisting and advising public and private companies, local and international financial sponsors and governments in structuring and executing a wide variety of equity and equity-linked transactions, evidenced by our recent involvement in the blockbuster IPOs of CVC and Galderma, complex dual listing of Ferrovial, tender offer of Exor, sell-down trade in Vår Energi shares, and many more. Together with our Financial Markets teams (i.e. Equity Research, Equity Sales, Equity Sales Trading, Corporate Access, and more), we originate, structure, execute and distribute equity and equity-linked instruments to institutional investors and Benelux retail investors.

Equity Capital Markets Syndicate is an integral part of the ECM team and is responsible for market execution of global ECM transactions (i.e. equity placement, distribution, bookbuilding and price setting of ECM deals), coordination of investor marketing and interaction with both institutional investors and issuers. The ECM Syndicate desk can be seen as a linking pin between stakeholders such as an issuer, Corporate Finance and Financial Markets teams, and institutional investors. Our desk is located at ING’s dealing room in Amsterdam.

What can we offer?

As an ECM Syndicate intern, you will work in a young, dynamic and highly motivated team on challenging ECM projects for high-profile global clients. Key (personal) development opportunities offered with the internship:

• Transaction-driven, dynamic and energetic work environment
• Steep learning curve
• Getting familiar with key databases (Bloomberg, Capital IQ, Dealogic, FactSet, etc.)
• Focus on both hard (Excel, PowerPoint, etc.) and soft skills
• Exposure within the ING Wholesale Banking organisation
• Fun work environment and a young team

ECM deals are complex and demanding. Joining our team will give you a head start in your future career.

Key responsibilities:

• Working for the ECM Syndicate team in Amsterdam with a focus on high-profile ECM transactions
• Tracking stock markets, preparing presentations, conducting analyses on equities, industries and companies
• General origination support, e.g. providing market intelligence and real-time data, assisting with client pitches
• Analyse and synthesise investor feedback and commentary from broker reports
• Communicating with our Equity Research, Equity Sales Trading and Equity Sales teams
• Assist in organisation of (pre-)marketing for global ECM transactions
• Assist in organisation of (pre-)launch activities for global ECM transactions
• Execution of share buybacks and disposal transactions
• Deal administration of global ECM deals

Who are we looking for?

Ambitious and curious research university (WO) students (Master or final year of Bachelor) with top grades and background in e.g. Economics, Econometrics, Finance or STEM. You are passionate about equities and capital markets in general. Our preferred candidate has great problem-solving and interpersonal skills, good judgement, strong attention to detail, and works efficiently and quick in a fast-paced environment. Besides, you are an enthusiastic team player who is energetic, proactive and always ready to go the extra mile.

Other information:

• Starting date: September / October 2024
• Duration: 5 or 6 months (to be agreed)
• Internship includes attractive financial compensation
• Internship will be in person at the Amsterdam office

Applications must include (i) a cover letter tailored to this role, (ii) resume and (iii) university grade list(s). Please note that candidates must be enrolled in a Dutch research university* for the entire duration of the internship, are required to be fluent in English (speaking Dutch is a plus) and are expected to reside in the Netherlands. Applications are reviewed on a rolling basis (first come, first serve).

Apply or questions?

Please apply via ING’s job vacancy website. If you have any questions about this internship role or are interested in this internship, please send your questions to Han-Ywan Hu (han-ywan.hu@ing.com).

*Educational institution recognised as sponsor by the IND that can apply for student residence permit in the Netherlands. The only exception made is for candidates with an EU passport (i.e. those who do not need a visa to do an internship in the Netherlands) registered at a European university