ING Summer 2025 Internship - KYC

Job Title:                         Summer 2025 Internship - KYC 

Experience Level:      Entry-level

Location:                         New York, NY (must be in New York or willing to relocate) 

Status:                              Full-time; Paid (Seasonal) 

Start Date:                      June 2025 (10 Week Summer Internship) 

About ING

Ranked #8 on LinkedIn Top Companies in Financial Services 
Named to Crain’s 100 Best Places to Work in NYC

In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.

When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly, and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.

We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered.

Sound like the kind of place you’d feel at home? We’d love to hear from you. 

KYC Internship

About the department: 

Financial Crime and Fraud Prevention is a unit within the Operations department responsible for all phases of Client On-Boarding. The KYC  Analyst ) will assist in researching, analyzing, evaluating and documenting day-to-day KYC (Know Your Customer) activities including but not limited to: 

• Party Registration 
• Know Your Customer (KYC) via the CDD process
• Foreign Account Tax Compliance ACT (FATCA)
• Environmental & Social Responsibility (ESR)
• Name Screening 

Why you might want to consider a summer job at ING:

With us, you will have the ability to work alongside senior bankers and have the chance to contribute towards projects and assignments that will expose you to industry expertise within many related products. You will research, collect, and analyze data for various initiatives and increase your knowledge and skills to better prepare you for your career. Summer interns work on current, real-world projects and initiatives with their teams.

This posting is focused on positions in the below areas:

KYC (Know Your Customer)

The intern will assist the KYC team to protect the company against risks accompanied with client on-boarding, money laundering activity and reputational risk in accordance with the firm’s global and local regulatory procedures and policies as well as government and industry regulations and assist with on-boarding requests and review of the existing clients. 

Assist in the input and review of new, existing clients/vendors/business partners in the company’s global database as well as prepare the customer’s CDD, ESR, , FATCA/CRS profiles and determines the appropriate risk ratings.  As part of the preparation process, they will assist in running real-time name screening scans of potential negative information and politically exposed person hits for which they must review and resolve the alerts as the first line of defense and escalate as needed. 

Cross-check data points within ING processing systems, update KYC SharePoint on the regular basis and assist with the tasks related to Quality Assurance and Production targets. 

Profile (What we’re looking for)

Undergraduate college student, graduating in 2026 in pursuit of a bachelor’s degree in business, finance, accounting, economics, mathematics, engineering, or related field. Graduate students may also be considered for certain roles. 

Liberal arts majors interested in careers in finance and banking are welcome to apply. 

Competencies:

• Team player with excellent interpersonal & communication skills
• Detail oriented, systematic and strong analytical skills 
• High level of pro-activeness and accuracy 
• Undergraduate college student interested in financial services, compliance, and operations.

The salary for this role is $35/hour with the potential for overtime. 

Posting to close September 27th, 2024

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services