Deutsche Bank Internship (m/f/x) in Quantitative Risk 2023

Deutsche Bank Internship (m/f/x) in Risk 2023
Locations: Berlin, Bonn, Düsseldorf, Essen, Frankfurt/Main, Hamburg, Hameln, Stuttgart
Duration: 3-6 months, period to be agreed individually

About Deutsche Bank
Deutsche Bank is the leading German bank with strong European roots and a global network. We're driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world. We serve our clients' real economic needs in commercial banking, investment banking, private banking and asset management. We are investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients.

About your internship
At Deutsche Bank, we are transforming the world of banking. We are looking for creative employees who are ready to make a difference from day one. You will start developing the skills you need to succeed in the financial industry. You will take on real responsibilities, work on projects and have the opportunity to grow your network. Find out how our inclusive and diverse work environment contributes to our success and how we deliver the best possible solutions to our clients with our highly skilled team. Your manager, your team members and your trainee buddy will always be willing to lend an open ear to your questions and concerns. If you would like to get a head start to your career, then take our internship to create the perfect foundation for success.

About Risk
The Risk division has a fundamental responsibility to protect the Bank. With group-wide responsibility for the management and control of credit, market, operational and reputational risks, we have a unique vantage point which allows us a holistic view of our businesses and our clients. In order to succeed in this environment it requires a truly integrated approach to capital and risk management, a model embodied by the Chief Risk Office and the Bank. This industry-leading platform is based on consolidated management of capital, funding and liquidity, comprehensive stress testing, and robust monitoring standards.
In an increasingly complex environment, risk management is fast-becoming the most sought-after place to build a career within the banking world. Risk at Deutsche Bank is relied upon to help shape the strategy of the organization and the wider industry agenda.

Your Role
Our interns are given the opportunity to learn about our business from different viewpoints. Working on our day-to-day business as well as on special projects you will gain a broad insight into the Risk function. In doing so, you will support the innovative realignment of this dynamic and sensitive area with your ideas. Depending on the field of activity, you will be able to contribute your analytical skills. You will observe market developments, identify risks and their driving forces, calculate potential risk exposure and set risk appetites, develop mathematical models and formulate solutions to mitigate the financial and non-financial risks the bank faces.
The specific tasks you will be dealing with depend the risk area, your role within the team and the duration of your internship. You will be supported in a variety of ways and benefit from the expertise of experienced team members.
If you have a background in business administration, finance or economics (or related study focus) your expertise best matches the areas of:

• Credit Risk Management
• Market Risk Management
• Enterprise Risk Management
• Non-Financial Risk Management
• BHW Risk

If you have a quantitative background (mathematics, physics, statistics, econometrics or related) your expertise is likely best placed with:

• Group Strategic Analytics (the function covers all aspects of model development, implementation, execution and production support)
• Model Risk Management (model validation)
• Market Risk Management
• Enterprise Risk Management

The above split is not strict and aims to provide you with guidance for your application.
Please note that the locations Düsseldorf, Essen, Hamburg, Hameln und Stuttgart focus on applications with a background in business administration, finance or economics.
The internship is an ideal way of finding out whether a career in Risk meets your needs and aspirations.

Your qualifications
Our internship will give you the professional skills you need to start your career. For us, creativity and flexibility are key. That's why we are looking for entrepreneurial talents who are able to thrive in our diverse culture.

• Are you at least in your third semester studying either business administration, finance or economics (or a related study focus) or a STEM subject, particularly mathematics, computer science, natural sciences or technology (when applying for the quant area of Risk)?
• Are you passionate about finance and banking?
• Are you proficient in MS Office and other common applications?
• Do you have strong communication skills, are you fluent in English?
• Can you work well in a team and inspire others with your ideas?
• Would you describe yourself as a conscientious, dedicated individual with excellent analytical skills?

For an internship in the quant area of Risk:

• Do you have experience in developing mathematical models?
• Do you have a strong interest in programming (Python, SAS, R)?

Then we look forward to meeting you.

Locations
Berlin, Bonn, Düsseldorf, Essen, Frankfurt/Main, Hamburg, Hameln, Stuttgart
Click here to find out more about internships at Deutsche Bank