MS
Programme
Internship
Location
Budapest
About the role
This Budapest internship offers quantitative experience within Firm Risk Management, supporting Risk Analytics or Model Risk Management teams. Interns develop and monitor risk models, perform econometric and sensitivity analyses, conduct back-testing, build portfolio analysis models, and independently review pricing or risk models.
Responsibilities
- Develop, maintain, and monitor market risk models, including VaR, Incremental Risk Charge, and Comprehensive Risk Measure.
- Perform econometric analyses, sensitivity studies, model behaviour assessments, and back-testing.
- Develop portfolio analysis models for credit limit setting and loss reserves.
- Independently review pricing and risk models used by Morgan Stanley.
Internship Format
- Work within the Risk Analytics or Model Risk Management teams.
- Flexible work arrangement of 20–40 hours per week.
- Participate in firm networking events and work within an international team.
- The internship may be extended, with potential for a full-time offer after graduation.