Internship - Fund Operation Oversight

ING is hiring an Internship - Fund Operation Oversight. Level rates it ; you can apply on Level.

Level's read on this job

Level rates this role Little AI ●○○○: aI is not part of the work.
The posting mentions Word, Excel and fund operations among its tools and skills.
Level classes it as an internship.
ING has 748 other open roles on Level.

AI in this role

ING Solutions Investment Management is seeking a Fund Operations Oversight Trainee to assist with fund administration, KPI monitoring, and operational controls.

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fund-operationsrisk-managementfinancial-analysiscompliance

ING Solutions Investment Management (ISIM) is looking for a Fund Operations Oversight Trainee to join the team from 1 January 2027 for a period of at least six months.

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 35 employees divided into several teams.

Please note that only students who can provide a valid internship agreement (school convention) will be considered.

Your Missions

As Fund Oversight Controller Trainee, you will contribute to the oversight and control of the delegated functions (Fund Administration and Depositary)
You will be asked to assist the team in various controls, such as:

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Review and analyse the Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) of the funds, including monthly reviews and exception reports from delegates.
Review the reconciliations between the fund records and the custodian records.
Monitor stale and manual prices.
Participate in monthly meetings with delegates and draft the meeting minutes.
Review the draft annual accounts and other fund reporting.
Assist in the preparation of Board meetings.
Oversee the coordination of the fund corporate life cycle (general meetings of shareholders, board circular resolutions, etc)
Verify and check the financial statements.
Perform various administrative tasks.
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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 group


Your profile

Knowledge and experience
•   Study in Economics / Finance
•   Good knowledge of Word and Excel
Skills
•   Flexible and eager to learn
•   Team player
•   Fluency in French and English, knowledge of other languages being considered as an asset.

We redefine banking. What about you?
There has never been a more interesting time to work at ING. We’re on a journey that’s centered around our customers, powered by technology and driven by smart, determined people. Our customers feel our people are empowering them to stay a step ahead in life and in business. We’re proud of that!

How we rate this

Internship - Fund Operation Oversight at ING rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Open the description and count.

Key facts

Internship - Fund Operation Oversight is an open job at ING.
Level rates this role AI Level 1 of 4: Little AI.
The role is based in Luxembourg (Siège Lux House).
The job was posted on September 30, 2026.
Seniority: intern.
Applications are handled by ING. Apply on ING

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Fund OperationsRisk ManagementFinancial AnalysisComplianceWordExcel

Questions you could be asked

Tell me about a project where fund operations was part of your work. What did you do?
Tell me about a project where risk management was part of your work. What did you do?
Tell me about a project where financial analysis was part of your work. What did you do?
Tell me about a project where compliance was part of your work. What did you do?
Walk me through how you've used Word in your day-to-day work.

Adapt your resume

List these exact terms on your resume: Fund Operations, Risk Management, Financial Analysis, Compliance, and Word. An applicant tracking system matches the wording, not the idea.
Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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