About DWS
At DWS we’re capturing the opportunities of tomorrow. Join our leading global asset management firm and make an impact on individuals, communities and the world. Whether collaborating to discover innovative solutions, exploring your curiosity or developing new skills – at DWS, we support you in achieving your goals. Invest in your future!
About the DWS Internship
The DWS Internship offers a unique and exciting opportunity to gain a wide range of practical experiences through individual projects, speaker sessions and networking events. With strong support from mentors and managers, you will be challenged to grow while gaining valuable insights into the world of Asset Management. This is an excellent way to determine whether a career in Financial Services & Asset Management meets your personal aspirations.
Subject to performance, successful interns may be offered a place on the DWS Graduate P.A.C.E. Program the following year.
About the Team
Join a global team of around 40 professionals in Liquid Investment Risk and dive into the world of financial risk management with real impact. As an intern, you’ll work on exciting projects like daily risk monitoring, and data analysis using tools like Aladdin Explore—especially if you bring strong programming skills to the table. It’s a chance to learn how to connect the dots in complex financial systems, build your network, and grow in a team that’s passionate about understanding what could go wrong before it does.
As our DWS Intern, you will:
Support the investment Risk Management department with daily risk analytics oversight for globally managed funds
Perform risk assessment analysis across several asset classes, strategies for the entire fund range
Review risk models and 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 Senior Risk Managers and Head of Risk
Work closely with investment specialists, analysts and risk colleagues from across the globe (Luxembourg, Berlin, London, Hong Kong, New York, etc.)
The Team is looking for:
Advanced English language skills, German language skills are beneficial but not required
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
Familiarity with financial instruments (e.g. equity, fixed income, financial derivatives, etc.)
Experience with software programs (e.g. SQL, Python, VBA)
Good analytical skills and the ability to work independently
Excellent Microsoft Office skills
Eligibility based on the eligibility criteria
Eligibility Criteria
Advanced English language skills; German language skills are beneficial but not required
Currently studying for a bachelor's or master's degree and in your penultimate or final year of study, OR on a gap year between your bachelor's and masters degree
Less than 12 months of full-time relevant work experience (excluding internships)
Availability for a full-time 6 month internship; see start date for more details
Start Date
Risk Management Internships in Germany are exactly 6 months long. You must be available for this entire duration.
We offer the following intakes:
Spring: 1st February or 16th February 2026 for 6 months
Fall: 1st July or 16th July for 6 months
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.
Top Skills
What We Do
At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential.
We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity.
Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve.
Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background.
If you’re full of imagination, enjoy solving problems and respond positively to complex challenges, discover a career to look forward to and join us!







