2027 DWS Spring Internship - Investments COO - Frankfurt (m/w/d)
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 Team As part of the Chief Operating Office (COO) of the Investment Division, you will work at the center of DWS's investment platform, helping to shape the governance, processes and controls that enable successful investing across all asset classes. Rather than making investment decisions yourself, you will gain a unique "helicopter view" across the entire investment organization. You will learn how ideas move from research and portfolio construction through implementation, oversight, and risk management, while supporting the frameworks that allow investment teams to operate effectively and responsibly. The team works closely with Portfolio Management, Research, Trading, Risk, Compliance, Legal, Product and Operations, providing a unique opportunity to understand how a global asset manager functions end-to-end. If you are interested in governance, process excellence, automation, and the inner workings of asset management, this is an excellent opportunity to gain broad exposure to the industry while working on topics that have a real business impact. As our DWS Intern, you will:
- Gain insight into the end-to-end operating model of a global asset manager across multiple asset classes
- Support governance, process improvement, and control initiatives across the Investment Division
- Contribute to projects involving investment oversight, risk management, and regulatory requirements
- Help identify opportunities for process optimization, automation, and operational efficiency
- Collaborate with Portfolio Management, Research, Trading, Risk, Product, Compliance, Legal and Operations teams Work on management presentations, analyses, and decision-making materials for senior stakeholders Build a broad understanding of how investment ideas are researched, implemented, governed, monitored, and reported
- Advanced English language skills; German skills are beneficial but not required
- Bachelor student graduating in 2027 or 2028 OR Master student graduating in 2028, OR Gap year between your bachelor and masters degree
- Less than 12 months of full-time relevant work experience (excluding internships)
- Availability for a full-time 3 – 6 month internship; see start date for more details
The Team is looking for:
- Advanced English language skills; German skills are beneficial but not required
- Interest in asset management, governance, operating models, risk management, and process excellence; prior experience is not required
- Familiarity with control frameworks and strategic thinking; prior experience is not required
- Good communication skills and openness to communicate with senior stakeholders
- Curious, collaborative, and eager to learn in a dynamic environment
- 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 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.
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Start Date 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, please apply for a Summer & Fall 2027 Internship instead. Those applications open in mid-September 2026.
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.
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: