2027 DWS Spring Internship - Finance - Frankfurt

This internship is available for a length of between 3 and 6 months, starting on any date between 18 January and 30 April 2027. If you are not available during this period, there may be Summer or Fall 2027 Internships available, which open in September 2026.

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

Finance ensures that DWS meets all financial control and reporting obligations of a global, regulated and stock-listed company. To maintain DWS’s financial health, we make sure DWS teams meet their internal and external goals – making accurate and transparent reporting essential for identifying risk & opportunities. As a partner of the business, we perform deep dives, sensitivity analyses on the financial performance, competitor benchmarking, and also support strategic initiatives and portfolio measures. Our department covers a broad range of activities like Group Finance, Tax, Investor Relations, Planning & Performance Management and Treasury.

As our DWS Intern, you will:

• Gain hands-on experience in financial planning and analysis by supporting budgeting, forecasting, and scenario analysis activities for a global asset management company

• Support management reporting and performance monitoring by analyzing key business drivers such as Assets under Management (AuM), net flows, revenues, expenses, and headcount to help inform strategic decision-making.

• Develop understanding of how a global asset management company manages capital, liquidity, funding and regulatory requirements within a complex and regulated environment.

• Support activities related to liquidity forecasting, stress testing, strategic balance sheet management initiatives, and hedge execution processes while contributing to reporting, risk monitoring and governance processes.

• Contribute to the preparation of quarterly earnings reports and leadership presentations

• Assist with the implementation of BI tools and compliance with new reporting standards like CSRD and IFRS

• Work with teams across different time zones (US to Asia Pacific)

• 0to strengthen communication and teamwork skills

The Team is looking for:

• Fluent German (C2) and advanced English language skills

• Proficiency with MS Office, especially Excel and PowerPoint. Experience with financial modelling, data analytics, BI, or AI tools are preferred but not required

• Analytical mindset with ability to structure and present complex topics in a clear and meaningful way.

• Interest in financial statements, accounting principles, and the linkages between the income statement, balance sheet, and cash flow statement. Prior experience is not required

• Curiosity for finance and eagerness to learn about business models and asset management

• Interest in corporate finance including planning, forecasting, modeling, and performance management. Prior experience is not required

• Strong communication and teamwork skills and willingness to work in an international and dynamic environment.

• You must meet all core and role eligibility requirements

AI & Future Skills

The future of asset management will be shaped by people who can combine curiosity, critical thinking and technology.

At DWS, interns and graduates are encouraged to explore how emerging technologies, including artificial intelligence, can support research, analysis, productivity and innovation.

Through our learning ecosystem, you'll develop the skills needed to work effectively in a rapidly evolving industry while understanding the importance of responsible and ethical use of technology.

We welcome candidates from all degree disciplines who demonstrate:

• Curiosity and a willingness to learn

• Critical thinking and sound judgement

• Strong collaboration skills

• An enthusiasm to using technology and AI-enabled tools to improve outcomes

Our Application Process

Step 1 Online Application

Step 2 - Online Tests

Step 3 - Video Interview (likely in German)

Step 4 - Final Interview Day (likely in German)

Our commitment to equal employment opportunity

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. DWS is an equal opportunities employer and we welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations. We are committed to providing a working environment free from harassment, discrimination and retaliation.

If you have any questions about this program or need us to make any adjustments to help you complete any stage of your application, let us know at dws.ECrecruitment@db.com and someone from our Early Careers team will get in touch.

Invest in your future.

Start date: January 18 – April 30, 2027

Closing date: Sunday, 13 September 2026  23:59 (UK time)