2025 Risk Management Internship Program - Quantitative (Budapest)

During this internship you will have the opportunity to gain insights into how Risk Management works at a top financial Firm. You will join the Risk Analytics or Model Risk Management teams and work in a flexible work arrangement, 20-40 hours per week. We offer : A supportive and vibrant multinational environment in an inspiring international team Collaborative culture, continuous development opportunities and training tools Opportunity to participate in the firms networking events Internship extension / Full-time offer upon graduation You will : Develop, maintain, and monitor the Firms market risk models (Value at Risk, Incremental Risk Charge and Comprehensive Risk Measure) Perform econometric analyses to support methodology development, conduct sensitivity studies, assess the model behaviour and stability, and perform back tests Develop models for portfolio analyss purpose, such as credit limit setting and loss reserve Perform independent review of pricing or risk models used by Morgan Stanley You have : Ongoing studies (BSc or above) in Mathematics, Physics, Finance or Economics Quantitative background, good analytical and numerical skills Solid probability knowledge Statistical skills especially in hypothesis testing, regression and discriminant-analysis is considered a plus Fluency in English, both written and verbal Application Process : If you are interested in the above opportunity, please apply here by submitting your English CV. Applications are reviewed on a rolling basis. We encourage you to apply as soon as you are ready. 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 Modelling, Finance, Risk Management, Operations and Data & Analytics from our new state-of-the-art offices near the Danube. 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.