2023 Internal Audit Off-cycle Internship (Budapest)
During this internship you will have the opportunity to gain insight into the world of investment banking while taking part in protecting the Firm against major risks. You will join the Model Audit Group within the Budapest Internal Audit organization and can work in a flexible work arrangement, 20-40 hours per week.
We offer:
- A supportive and vibrant multinational and multicultural environment in an inspiring international team
- Continuous development opportunities
- Opportunity to receive an offer for a full-time role upon graduation
- Opportunity to participate in the firm’s networking events
- Possibility to work from home
You will:
- Learn about a large variety of financial mathematical models used across the Firm (e.g. derivatives pricing, risk management, stress testing, capital planning and decision-support models)
- Gain an understanding of processes, risks and controls within the model development and usage framework of a global financial service company
- Assist in the quantitative review of models and regularly monitor model performance, including an assessment of the model development and validation process, the methodological basis and data usage of models
- Cooperate with other audit groups and internal stakeholders to identify weaknesses or vulnerabilities of the models and the model development process
You have:
- Ongoing studies (BSc or above) in Mathematics, Physics, Finance or Economics, or similar fields
- Quantitative background, good analytical and numerical skills
- An understanding of quantitative finance and financial mathematical models is a plus
- Fluency in English, both verbal and written
About us:
Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services.
At Morgan Stanley Budapest, we are shaping the future of our global business and contributing to our local community. Our team works across numerous areas, including Technology, Mathematical Modeling, Finance, Risk Management, Wealth Management, Internal Audit and Data & Analytics from our new state-of-the-art offices near the Danube and our City Gate office in the heart of the city center.
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
This Program is closed to applications.