Headquartered in Amsterdam, ING Group is a global banking and financial services corporation that primarily offers retail banking, commercial banking, direct banking, investment banking, insurance services, and asset management.
ING Group was founded in 1991 as a result of the merger of two Dutch banks, Nederlandse Volksbank and NMB Postbank Groep.
As of 2020, ING Group served 38 million private clients and 3 million corporate clients in 40 countries, with a workforce exceeding 48,000.
ING Group is listed on both the Amsterdam Stock Exchange and New York Stock Exchange. ING Bank was ranked as the world’s 13th largest bank by total assets in 2019.
Careers at ING
One of the great things about working at ING is the opportunity to work in multiple countries. With offices in over 40 countries, ING offers its employees the chance to live and work abroad.
From entry-level positions to executive-level jobs, ING has something for everyone. The company has a wide range of positions in areas such as investment banking, retail banking, and insurance.
There are also many positions available in support functions such as human resources, finance, and marketing.
The application process for a job at ING consists of four steps:
- Online application
- Online assessments
- HR interview
- Final interview
When you apply for a job at ING, you have to do so by submitting an online application form. This form can be found on the ING website, and you will need to upload your CV and motivation letter, and select the country you are applying from.
If you pass the preliminary screening, you will be invited to take a series of online psychometric assessments that will assess abilities, such as problem-solving, oral and written comprehension, and dealing with mathematical problems.
These tests are also used to determine whether you are aligned with the culture at ING.
Here are some of the tests you may have to take during the ING job application process:
Numerical reasoning test
A numerical reasoning test specifically focuses on an individual’s ability to understand and work with numbers, which is essential for many positions in the banking industry.
Numerical reasoning tests usually take the form of a multiple-choice test, with questions based on numerical data presented in charts or tables. The test-taker is required to interpret the data and choose the correct answer from a set of options.
The questions may cover a range of topics, including basic arithmetic, percentages, ratios, and data interpretation. The difficulty of the questions will vary depending on the role being recruited for - more difficult questions may be asked for roles that require higher-level math skills.
Verbal reasoning test
The verbal reasoning test measures a job candidate’s ability to understand and respond to written communication. The test assesses the candidate’s skills in grammar, vocabulary, reading comprehension, and critical thinking.
Most verbal reasoning tests consist of a series of questions, each with a short passage of text followed by one or more questions.
The passages usually relate to a specific topic, such as business, finance, history, or science. The questions will test your ability to understand and draw logical conclusions from the information presented in the passage.
To do well on a verbal reasoning test, you need to be able to read and comprehend the passages quickly and accurately. You also need to be able to identify the main points and supporting details, and to make inferences based on the information presented.
Logical reasoning test
Many banking positions require employees to be able to identify and resolve problems quickly and efficiently. The ability to do this often comes more easily to those with strong logical reasoning.
The logical reasoning test usually consists of a series of questions, each of which requires the test-taker to choose the best answer from a set of options.
The questions on a logical reasoning test are typically grouped into different categories, each of which tests a different type of logical thinking. The most common categories are deduction, induction, and analogy.
Deduction questions require the test-taker to use logic to reach a conclusion based on given information. Induction questions ask candidates to identify patterns and make generalizations. Analogy questions are about finding relationships between pairs of objects or concepts.
Situational judgement test
Situational judgement tests assess an individual's ability to make sound judgements in realistic workplace scenarios. The test taker is presented with a series of hypothetical situations and must choose the most appropriate course of action from a set of options.
They are believed to be effective at predicting job performance, as they measure an individual's ability to make decisions that are in line with the company's values and goals.
An HR interview at ING will likely consist of competency-based questions. The interviewer will want to know how you have handled various work-related situations in the past, and they will also ask you to reflect on the results of your online assessment.
The interviewer will also be interested in learning more about your motivation for wanting to work at ING. Be honest and open in your responses, and be sure to demonstrate your knowledge and skills that are relevant to the position.
The last step in the application process is an interview with an HR expert and two senior managers from the department you are applying for.
You will need to demonstrate your financial knowledge and understanding of the banking industry. Be prepared to talk about your experience with numbers and financial analysis.
The interviewers will also want to know why you are interested in working for ING specifically. So, before the interview, you must familiarize yourself with ING's business model and philosophy.