About DWS
At DWS, we’re capturing the opportunities of tomorrow. You can be part of a leading, client-committed, global Asset Manager, making an impact on individuals, communities, and the world.
Today, markets still face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change. This is needed more than ever as we currently experience high interest rates, a once-in-a-lifetime health crisis, a shift in global demographics – and politics – as well as advances in digitalization and economies moving towards a more sustainable future.
While there is always uncertainty in markets, one thing remains clear: there is always a new situation that requires the right investment answers. We call it the new now.
About the Internship
The DWS Internship is an opportunity to gain a wide range of practical experience. Individual projects, participation in speaker sessions and networking events will all be part of the internship. Whilst you can expect a high learning curve from our Internship, you will benefit from the support of your managers and mentors along with unparalleled exposure to the world of Asset Management. This internship is an ideal way to determine whether a career in Financial Services & Asset Management meets your personal aspirations.
As our Risk Management DWS Intern you will:
- Support the Investment Risk Management department with daily risk analytics oversight for Luxembourg managed funds
- Perform risk assessment analysis across several asset classes, strategies for the entire fund range
- Review risk models and do in-depth analysis of model parameters and updates
- Support the Risk Management department in global and local projects
- Review risk results and risk profiles with local Senior Risk Managers and Head of Risk
- Work closely with investment specialists, analysts and risk colleagues from different regions across the globe (Frankfurt, Berlin, London, Hong Kong, New York, etc.)
We’re looking for:
- Student in the field of economics, quantitative finance, mathematics, or a related subject
- Good knowledge of the financial markets, asset management or risk management are considered an advantage
- Know-how of financial instruments (e.g. equity, fixed income, financial derivatives, etc.)
- Experience with software programs (especially ,Python, SQL and VBA)
- Very good analytical skills
- Ability to work independently
- Excellent MS-Office skills
- Very good English language skills, further language skills are an advantage
- Interest to work international environment
- Student enrolled in your penultimate or last year of study, or on a gap year in between Bachelor and Master degree.
- Availability for 6 months as of September 2026
Successful candidates are asked to submit a current criminal record extract.
Invest in your future. Click to apply.
We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.
Skills Required
- Student in economics, quantitative finance, mathematics, or related field
- Enrolled in penultimate or final year, or on gap year between Bachelor and Master
- Availability for 6 months starting September 2026
- Experience with Python, SQL and VBA
- Very good analytical skills
- Ability to work independently
- Excellent MS-Office skills (including Excel)
- Very good English language skills
- Good knowledge of financial markets, asset management or risk management
- Know-how of financial instruments (equity, fixed income, derivatives)
- Interest to work in an international environment
- Submission of current criminal record extract upon request
- Further language skills
What We Do
DWS Group (DWS) with EUR 933bn of assets under management (as of 30 June 2024) aspires to be one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines. We offer individuals and institutions access to our strong investment capabilities across all major liquid and illiquid asset classes as well as solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, giving strategic guidance to our investment approach. DWS wants to innovate and shape the future of investing. We understand that, both as a corporate as well as a trusted advisor to our clients, we have a crucial role in helping to navigate the transition to a more sustainable future. With approximately 4,500 employees in offices all over the world, we are local while being one global team. We are committed to acting on behalf of our clients and investing with their best interests at heart so that they can reach their financial goals, no matter what the future holds. With our entrepreneurial, collaborative spirit, we work every day to deliver outstanding investment results, in both good and challenging times to build the best foundation for our clients’ financial future.









