CMA Off-Cycle Analyst Programme

ING Capital Markets & Advisory Off-cycle Analyst Program (January 2026 for 6 months) Corporate Finance / M&A Acquisition Finance Debt Capital Markets Loan Syndication Loan Sales Application closing date : 12th October 2025 Expected start date and duration : 2nd January 2026 for 6 months(full time) Summary Opportunity to join the 6-month off-cycle Analyst Program in INGs London Capital Markets & Advisory Group within one of its departments. Team Preferences Corporate Finance / M&A Acquisition Finance Debt Capital Markets Loan Syndication Loan Sales 1) Corporate Finance / M&A Corporate Finance team in London comprises of over 30 professionals and provides advisory services on a wide range of M&A deals including buy-side sell-side buy-outs and capital raise transactions. The team primarily covers the EMEA region across various sectors including Energy Commodities & New Technologies Transport & Infrastructure TMT Food & Agriculture Private Equity Advisory and Financial Institutions. Main tasks include carrying out market and industry research Preparing company profiles and marketing materials Conducting financial statement analysis forecasting business and financial performance of target companies Preparing simple valuation models (DCF relative valuation) 2) Acquisition Finance Acquisition Finance team supports Private Equity and corporate clients by providing debt financing solutions for Leveraged Buyouts and recapitalisations. The team originates and executes transactions across industries for some of the worlds most sophisticated investors consistently ranking within the top 10 Leveraged Finance Bookrunners in EMEA with a strong presence across Europe North America and Asia (London team covers the UK Italy Nordics and CEE regions). You will regularly work alongside Capital Markets teams (e.g. High Yield DCM and Loan Syndicate) to structure and underwrite loan and high-yield bond solutions. Responsibilities include sourcing new opportunities building LBO models reviewing due diligence preparing pitch materials and contributing to credit papers and valuation analysis. 3) Debt Capital Markets The Debt Capital Markets team in London spans High Yield Origination High Yield Syndicate Sovereigns & Agencies MTNs / Private Placements and Liability Management. The role involves executing bond transactions advising clients on deal structuring and documentation and preparing investor materials. You will gain exposure to bond pricing market dynamics interest rates and swaps while working closely with clients lawyers and internal teams. Key tasks include market updates comparable analysis and cross-team collaboration to identify new opportunities and educate stakeholders on product and market developments. 4) Loan Syndication The Loan Distribution Group is a dedicated distribution platform for all of INGs financing activities in the primary and secondary loan markets and also covers the insurance market as risk and / or capital distribution tool. Main tasks include assessing transactions performing key credit analysis preparing syndication advice reviewing legal documentation following loan market dynamics preparing market updates investor and comparables analyses and / or looking after all transaction management aspects during syndication or the binding of insurance coverage. 5) Loan Sales The Loan Sales team interacts with the global loan investor community which includes other banks insurance companies pension funds or investment managers for all debt transactions where loans and loan-based products are distributed. Transactions include primary loan syndications or secondary loan sales across a wide range of sectors. Main tasks include assisting the primary syndication process from launch to closing (including internal checks data room and syndication materials preparation) the preparation of pitches liquidity analysis league tables market overviews and reports for both primary and secondary loan activity assisting the secondary loan desk with both internal and external secondary loan market enquiries. Essential Requirements Availability for full-time work over a 6-month period (January to July 2026) Preference for recent graduates or students in their final year of study with an excellent academic track record and on course for 2 : 1 or higher Prior experience through internships is of added-value but not a pre-requisite Strong interest in at least one of the areas covered above Excellent communication skills in English both written and verbal Strong numerical ability and analytical thinking A proactive mindset with an eagerness to learn and thrive in fast-paced environments Exhibit core ING values : candidates should be willing to take initiative collaborate with others and think innovatively Must have the right to work in the UK by the start of employment Foreign languages are advantageous but not a pre-requisite Your application must include : CV 1 page cover letter must include your top 3 team choices Applications will be reviewed on a rolling basis ING Privacy Statement In order to operate INGs recruitment process we will collect and store personal data you provide. Please request the privacy statement should you wish to understand how ING UK uses and protects this information and visit our website for more information. Required Experience : IC Key Skills Project Management Methodology Project / Program Management Program Management Management Experience Microsoft Powerpoint Project Management Microsoft Project Budgeting DoD Experience Leadership Experience Supervising Experience Contracts Employment Type : Full-Time Experience : years Vacancy : 1 #J-18808-Ljbffr