Internship Equity Capital Markets Syndicate in Amsterdam

Internship Equity Capital Markets Syndicate (Amsterdam)

Position

ING’s Equity Capital Markets Syndicate team currently has a vacant internship position with starting date from February 2023 onwards with a duration of 5 to 6 months (to be agreed upon).

ING’s Equity Capital Markets team

Equity Capital Markets (ECM) is part of the Corporate Finance (CF) department and advises companies on raising equity on international stock markets. Products covered by ECM include Initial Public Offerings (IPOs), follow-on equity issuances and secondary offerings (i.e. rights issues or accelerated bookbuild offering), share buybacks, preference shares issuances and equity-linked transactions (convertible bonds). Together with our Financial Markets teams (i.e. Equity Research, Equity Sales, Sales & Trading, Corporate Access, and more), we originate, structure, execute and distribute equity and equity-linked transactions to institutional investors (e.g. pension funds, insurance companies, mutual funds, family offices and hedge funds) and Benelux retail investors.

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

What can we offer?

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

• Transaction driven, dynamic and energetic environment
• Steep learning curve
• Getting familiar with key databases (Bloomberg, FactSet, Capital IQ, etc.)
• Focus on hard skills (Excel, PowerPoint, etc.) and soft skills
• Exposure within the ING organisation
• Fun working 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 European ECM deals
• Tracking the markets, preparing presentations, conducting research on industries, sectors and companies
• General origination support, e.g. providing market intel, investor feedback, real-time data and assisting with pitches
• Communication with local Equity Research, Sales & Trading and Sales teams regarding global deals
• Assist in organisation of (pre-)marketing for global ECM transactions
• Assist in organisation of pre-launch activities for global ECM transactions
• Assist in execution of global ECM transactions
• Execution of share buyback, stakebuilding exercise and disposal transactions
• Deal administration for global ECM deals

Who are we looking for?

Suitable candidates are ambitious and dedicated research university (WO) students (Master or final year of Bachelor) with excellent grades and background in Finance, Economics, Econometrics or STEM. Applicant is passionate and highly interested in equity capital markets. Our preferred candidate has great problem-solving skills, good judgement, strong attention to detail, good communication and interpersonal skills, and ability to work efficiently and quickly in a fast-paced deal environment (hence, no 9-to-5 mentality). Besides, our candidate is an ideal teamplayer who is energetic and proactive, can make a difference and is ready to go the extra mile for the team.

Other information:

• Starting date: February 2023 onwards
• Duration: 5 or 6 months
• Internship includes attractive financial compensation

Applications without (i) a cover letter, (ii) resume and (iii) university grade list will not be considered. More importantly, your cover letter should explicitly state your interest in ECM Syndicate with clear motivation why you want to pursue a career in investment banking and in particular ECM (for this please dedicate 2 paragraphs in your cover letter). Please note that candidates must be enrolled in a Dutch research university during entire internship period, are required to be proficient 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, please send your questions to Han-Ywan Hu (han-ywan.hu@ing.com).

More info on ING Corporate Finance

The Corporate Finance department is the primary point of contact for advisory relationships with corporates and institutional investors, leading the execution of high profile Equity Capital Markets and Mergers & Acquisitions transactions. In the Benelux, ING Corporate Finance is the absolute #1 in both ECM and M&A. ING Corporate Finance adopts a sector-based approach, putting together client teams across borders to reflect local relationships and product specialists and to ensure the highest standards of transaction execution. The Amsterdam office of ING CF is responsible for the origination and execution of transactions in a Benelux domestic and cross-border context, as part of ING Wholesale Banking’s European Corporate Finance team. The CF team in Amsterdam consists of over 60 professionals.