MS
Morgan StanleyFrankfurt

2026 Risk Management Off-Cycle Internship - Quantitative (Frankfurt)

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Programme

Internship

Location

Frankfurt

Duration

6-12 months

About the role

This full-time internship in Morgan Stanley's Firm Risk Management Division in Frankfurt offers 6-12 months exposure to risk analytics, credit risk, market risk, and model risk management. Interns work on quantitative analysis, model validation, and risk tool development.

Responsibilities

  • Develop and enhance risk management tools and capital models.
  • Perform model performance monitoring and validation.
  • Conduct quantitative analysis on model output changes.
  • Prepare presentations for committees and regulators.
  • Review meeting minutes and compile risk data.
  • Ensure data accuracy through reconciliations.

Training and Exposure

  • On-the-job training with experienced professionals.
  • Exposure to multiple risk areas: Risk Analytics, Credit Risk, Market Risk, Stress Testing, Model Risk Management.
  • Opportunity to experience firm culture and analyst responsibilities.

Requirements

  • Outstanding analytical skills and solid academic background in finance or quantitative field.
  • Fluency in English; German beneficial but not essential.
  • Strong verbal and written communication skills.
  • Team player with collaboration ability across departments.
  • Self-starter with independent work capability.
  • Driven, motivated, results-focused, and detail-oriented with strong organizational skills.

Technical Skills

  • Proficient coding skills in at least one: Python (preferred), R, Matlab, VBA (preferred).