Eligibility Criteria

Fluent German (C2) and advanced English language skills
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

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 DWS

At DWS we capture 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

The Client Coverage Division (CCD) is responsible for the global distribution of DWS' entire product range and for serving customers and distribution partners. Customers and distribution partners include credit institutions, investment companies, family offices, insurance companies, pension funds and investment funds, as well as public institutions and bodies (e.g. federal or state governments) and non-profit organizations, such as churches and foundations.

The following Client Coverage Division teams are looking for interns:

CCD Wholesale Germany // EMEA-x Institutional GY
Private Wealth Coverage GY & AT
Xtrackers Strategy
Digital Distribution

CCD Wholesale Germany, Austria & CEE // EMEA-X Institutional

The Client Coverage Division in Germany provides asset management solutions based on the individual risk, return and liquidity preferences of the client. To provide the best service for our clients, the division is structured along the core segments Wholesale and Institutional Clients as well as Alternatives Solutions, Private Wealth Coverage and Xtrackers.

We offer all sorts of investment products and tailor-made solutions for our clients stemming from the active, passive, alternative or solutions platform. We advise approx. 300 existing institutional clients as well as many private wealth clients in the German market. For servicing those clients in the most comprehensive way, we have a strong working relationship with Wealth & Commercial Clients, Corporate Clients and Distributors.

As our DWS Intern, you will:

Prepare material for prospective/current client pitches as well as create product and strategy presentations (e.g. AuM, Revenues, Growth Forecasts)
Support with client projects, like pricing analysis and RfPs (Request for Proposal) along the whole process
Work closely with different departments and teams within DWS to obtain necessary information, updates and solutions to clients’ requests
Participate in internal product trainings and client conference calls and meetings
Analyze our competitors’ offerings and prepare gap analysis

Private Wealth Coverage Germany & Austria

The Private Wealth Coverage Germany & Austria Team is responsible for distributing one of Europe’s leading ETF and ETC platforms to clients across Germany and Austria. Furthermore, the team is tailoring specific solutions to institutional clients often invested via Passive Mandates. We engage with a diverse range of investors, including asset managers, banks, family offices, insurers, pensions and digital platforms. As a key growth area within DWS, our focus lies in expanding market reach, strengthening client relationships, and delivering efficient, transparent, and innovative passive investment solutions. Close collaboration with internal teams such as Product, Investment, and Marketing ensures we stay aligned with client needs and market trends.

As our DWS Intern, you will:

Assist in preparing sales presentations and customized client materials.
Analyze ETF flows and product performance to support client conversations and internal reporting
Work closely with different departments and teams within DWS to obtain necessary information, updates and solutions to clients’ requests
Participate in client conference calls, meetings, events and roadshows as well as in internal product trainings
Contribute to ongoing projects by conducting research and presenting findings to the team

Xtrackers Sales Strategy & Advisory Team

The Xtrackers Sales Strategy & Advisory Team within the DWS Xtrackers Sales area is responsible for the strategic direction of the Xtrackers sales business globally. The team plays a central role and works closely with various DWS stakeholders (e.g. Product Division, Investment Division and Communication & Marketing). Xtrackers is a growth area within DWS and our goal is to continuously participate in the strong growth of the passive investment market to further increase our market share.

As our DWS Intern you will:

Dive into the global ETF/passive investment market through competitor analysis and market positioning
Help develop our state-of-the art flow analysis to shape future sales strategies and corresponding content
Contribute to strategic sales projects, including project implementation (e.g. focus campaigns) and presentations
Collaborate with various stakeholders across product, investment, marketing, and communications teams
Support client-focused sales efforts and develop key databases for institutional investing

Digital Distribution

The Digital Distribution Team within the Client Coverage Division (CCD) is responsible for distributing DWS and Xtrackers products through digital channels such as neo-brokers, direct banks and robo-advisors to end clients. The team works on establishing new distribution partnerships while strengthening existing relationships with a diverse set of partners in a dynamic and highly competitive landscape. Through educational webinars, short video content and other targeted marketing activities, the team aims to increase demand for our products across digital platforms and enhance our competitive position in the market. Close collaboration across the business is essential, as the team works closely with distribution partners and product specialists to bring innovative investment solutions, including partnership ETFs, to market.

As our DWS Intern you will:

Gain insights into the digital investment landscape by managing relationships with our digital distribution partners
Contribute to the development and execution of educational webinars, short-form video content, and other digital marketing initiatives
Support the acquisition of new distribution partners while helping to strengthen existing client relationships
Collaborate with product specialists and external partners to bring innovative investment solutions to market
Assist in the analysis of digital distribution trends, client needs, and competitor activities to support business growth

Internship Requirements

All CCD Teams are looking for:

Fluent German (C2) and advanced English language skills
Excellent command of MS Office applications, in particular MS Excel and PowerPoint
Strong communication, presentation and organizational skills as well as a structured approach to work on complex projects
Keen interest in financial services and ability to quickly grasp new and complex topics; prior relevant experience is not required
Passionate, ambitious and collaborative team member
Strong analytical and problem-solving abilities, with a keen eye for detail and ability to think outside the box
Eligibility based on the eligibility criteria mentioned at the top of this post

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 (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 < email deleted for security reasons > and someone from our Early Careers team will get in touch.

Invest in your future. Click to apply.