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INTERNSHIP- Finance and Fund Oversight Controller
ING
placeLuxembourg (Siège Lux House)
Posted on ING website on 25 Mar 2025 (11 days ago)
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ING Solutions Investment Management (ISIM) is looking for a Finance and Fund Oversight Controller Trainee starting from July 2025 and for a period of 6 months (please mention your availability on your cv)

Please note that only students who are officially enrolled in a school or university will be considered. ISIM is a subsidiary of ING Belgium (32%) and ING Luxembourg (68%). ISIM benefits from the status of a “Super ManCo” as it has received licenses to manage both UCITS and Alternative Investment Fund (AIF).ISIM currently oversees Investment Funds distributed by different Group-entities: ING Belgium, ING Luxembourg, ING The Netherlands, ING Germany, ING Spain and ING Italy.ISIM is the Management Company of ING Group and is pursuing its development as a key tool for Investment Fund solutions within ING Group.It currently has over 30 employees divided into several teams.

 Your Missions As a Finance and Fund Oversight Controller Trainee, you will contribute to the oversight and control of the delegated functions (Fund Administration and Depositary) as well as to the controls performed by the Finance function. You will be asked to assist the team in various controls, such as:

•    Review and analysis of the Key Performance Indicators & Key Risk Indicators of the Funds (monthly review/exceptions reports from delegates)•    Review of the Fund expenses and the related calculation of ongoing charges•    Review of the reconciliations between the Fund records and the custodian records•    Coordination of invoice processing•    Monthly meetings with delegates•    Review of the draft annual accounts and other Fund reporting•    Preparation of the Board meetings

Given the size of the team, the Fund Controller Trainee will also provide support in various operational tasks of the ManCo whenever needed. Our offer This position is a great opportunity to:•    Discover the Investment Fund industry

•    Develop and benefit from training on-the-job thanks to an expert team•    Work for the Luxembourg entity of one of the leading banks in Luxembourg•    Work in a convivial and dynamic environment of a human-size company but integrated within a large groupYour profile Knowledge and experience•    Study in Economics / Finance (Bachelor or Masters degree)•    Good knowledge of Word and Excel

Skills•    Flexible and eager to learn•    Team player •   Fluency in French and English, knowledge of any other languages is considered as an asset  

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The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services.
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