Wholesale Banking Transaction Services Traineeship – Singapore

Your fast‑track start in the world of Transaction Services

Are you eager to dive into the dynamic world of banking? Do you thrive in a fast‑paced, international environment? Do you want to help corporate and institutional clients achieve their ambitions through innovative Transaction Services solutions? This is your chance!

During this 18‑month Transaction Services traineeship, you will complete three rotations across different TS teams, gaining hands‑on experience and contributing to meaningful client‑focused solutions from day one. You will work in a dynamic environment, learn at a steep pace, and be surrounded by colleagues who are passionate about delivering impact.

About ING

ING’s purpose is Empowering people to stay a step ahead in life and in business. Every ING colleague contributes to this purpose. We champion self‑reliance and foster a collaborative, innovative, and inclusive culture.

The Orange Code reflects how we stay true to our values. It consists of our ING Values (we are honest; we are prudent; we are responsible) and our ING Behaviours (you take it on and make it happen; you help others to be successful; you are always a step ahead).

About Transaction Services

Transaction Services (TS) is the heartbeat of ING’s Wholesale Banking franchise. We support corporate and institutional clients across our global network, and we are recognised as a top‑3 transaction bank in the Eurozone and a growing franchise in Asia pacific with presence in 11 Asian markets.

We offer products such as:

• Payments & Cash Management – routing payments & collections so clients can pay salaries, suppliers, taxes, and receive customer payments
• Liquidity Management – helping clients optimise domestic and international flows
• Working Capital Solutions – improving the cash conversion cycle
• Trade Finance Solutions – supporting clients with documentary trade requirements

We operate in a rapidly changing environment where technology, regulation, and the macro‑economic landscape evolve quickly. Across our global network of 500+ TS professionals in 27 countries, we collaborate intensively to deliver relevant and innovative solutions for our clients.

If you want to know more about our products, visit ING Wholesale Banking under the header Daily Banking.

The Opportunity

Our Transaction Services traineeship is a full‑time 18‑month programme, designed to give you broad exposure to our TS organisation. It consists of three rotations of six months, each in a different area of Transaction Services. You will be a part of a global trainee cohort and an integrated team member and quickly familiarise yourself with our clients, products, processes, and the broader Wholesale Banking landscape.

You will start with two full onboarding weeks in Amsterdam (our group head office), meeting fellow trainees and learning about ING, Wholesale Banking, and the TS organisation. Throughout your traineeship, you follow a structured development curriculum with technical training, self‑study modules, professional skills development, and continuous on‑the‑job learning.

You will be assigned mentors to guide you throughout the programme, and a buddy will help you settle in in each rotation.

Upon successful completion of the traineeship, our ambition is to offer you a permanent position within Transaction Services. While your primary base will be Singapore, one of your rotations may take place abroad, reflecting our international TS network.

Your Rotations – Possible Areas

Your rotations will be matched to your skills, interests, and our business needs. Possible teams include:

Strategy & Balance Sheet Management

• The team is responsible for several elements of our Strategy, being Strategy & Performance, Correspondent Banking Management, Balance Sheet Management and People.

Sales

• Local and global TS sales teams advising clients on their cash, trade, liquidity and working capital needs.
• Central Cash & Trade advisory teams supporting complex deal structuring.

Product Management

• PCM and Trade product teams developing, maintaining, and marketing competitive, compliant products.

Delivery Management

• Ensuring efficient operational processes and developing new (technical) solutions of products and services for our clients - in close alignment with Sales, Product Management and Tech.

The first rotation will be assigned to you; the second and third one will be based on the combination of your preference and our offering, keeping in mind that you will need to choose three different areas throughout the traineeship.

Your Responsibilities

During the traineeship, you will:

• Build a solid understanding of the TS business and our strategic priorities
• Contribute to day‑to‑day activities within your rotation team
• Support process reviews and continuous improvement initiatives
• Prioritise your own workflow and deliver high‑quality work on time
• Organise and support stakeholder interactions such as meetings and events
• Collaborate across borders within our global TS network

About You: Do you have what it takes?

We hire for potential, not perfection. What matters most is your curiosity, drive, and willingness to take ownership. In addition:

• You are based in Singapore and hold a bachelor’s and/or Master’s degree
• A master’s degree or a bachelor’s degree with up to 2 years work experience. Examples of fields of study include:  Finance/Banking, Business Administration, Economics, Business Analytics, Data Science, Digital Business, (Business) Engineering, International Business/Trade, PPLE, Strategy, Disruption & Business Transformation, Mathematics/Statistics/Econometrics
• Part-time work experience, internships and/or extracurricular activities will be a plus
• You have a passion for the banking industry and comprehensive understanding of the current global economic landscape
• You possess commercial acumen and solid numerical and/or coding skills. You are analytical and use data to support decision-making
• You can communicate your ideas in a concise manner. You have strong English proficiency; fluency in Mandarin is a plus but not required
• You have a pro-active, enthusiastic, and professional attitude. You are curious to learn and thrive in a dynamic environment
• You build strong partnerships and work effectively with others. You have an open mindset and embrace feedback
• You can work independently, you take ownership and you plan and prioritise effectively

About the application process

Applications are open until July 3rd for the positions starting on September 1st, 2026. We will only accept applications consisting of a concise CV and a motivation letter – both in English and written by yourself (not using AI). If you pass through the first round, be prepared to share a max 60 sec video (.mov or .mp4) of yourself explaining why you want to join Transaction Services and why we should select you.

Round 1: Submit your online application

The first stage of the selection process is to submit your CV and a motivation letter and ING will be in touch about your first screening. Applications without motivation letter will not be considered. Make sure to clearly detail why you want to work for ING and specifically within Transaction Services.

Round 2: Business panel & cultural fit interview (in person)

Should you pass the first screening, we will ask you to share a personal video and invite you for an interview with the business owner of the TS Traineeship program, and representatives from HR and/or TS business. We will ask you questions based on the ING Orange Code and focus on how you align with the ING culture and also focus on your knowledge of banking/ transaction services, personal skills and motivation.

Round 3: Management panel (in person)

The last stage is an interview with two senior members of the Transaction Services management team. If you succeed, you will receive an offer for a position in our TS Traineeship programme.

Rewards and Benefits

We want you to thrive — professionally and personally. You can expect:

• A tailor‑made onboarding programme with a structured curriculum throughout the traineeship
• Challenging assignments and endless growth opportunities
• An open, inclusive, and collaborative culture
• Hybrid working
• An 18‑month trainee contract with a permanent contract upon successful completion
  • A competitive salary and benefits package
  • Paid annual leave in line with industry/ market

Ready to Apply?

Please upload your CV and motivation letter by clicking the Apply button.
For questions, please contact the recruiter listed in the advertisement.