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At the Bank for International Settlements (BIS), our mission is to support central banks' pursuit of monetary and financial stability through international cooperation, and to act as a bank for central banks.The PhD Fellowship Programme at the BIS gives you the opportunity to contribute to BIS economic research and analysis, working with expert economists and research analysts in a unique environment in Basel, Switzerland.BIS research draws strength from our unique position as a platform for international cooperation to promote monetary and financial stability, leveraging our close contacts with the central banking and financial supervisory community. This programme helps you acquire practical experience in supporting central banks and other financial authorities through policy-oriented research.Given our modest size we can easily collaborate and exchange ideas with colleagues in different units and managers at different levels. You will enjoy exposure to ideas and projects beyond your immediate speciality and will play a valuable part in supporting the central bank community.This role is based in Basel, Switzerland however, thanks to our status as an international organization, we can hire globally and welcome applications from candidates of all nationalities and located anywhere in the world. Relocation support is available for the successful candidate.Duration: three monthsStart date: between April 2026-December 2026By joining the PhD Fellowship Programme, you will:<ul><li>contribute to BIS research projects on topical issues in economics and finance, including in particular financial intermediation and regulation, financial innovation and digitisation, monetary policy, fiscal policy, international finance and international spill overs.</li><li>work in a highly stimulating, international environment providing exposure to a wide range of topics.</li><li>be embedded in the Monetary and Economic Department with regular interaction with staff and first-hand insight into BIS research and policy work.</li><li>have access to BIS research activities, including to seminar series and to visiting research fellows from leading academic institutions.</li><li>benefit from working in a unique, international environment that offers flexible, hybrid working options with a blend of onsite work from our central office location in Basel and home office.</li></ul>Qualifications, skills and experience:<ul><li>Enrolment in a PhD programme (preferably in 3rd-4th year) in economics, finance or related fields.</li><li>Expertise in conducting research in the fields of financial, macro and monetary economics.</li><li>Ability to apply tools (such as Python, MATLAB, Stata, EViews,&nbsp; etc.) typically used in economic analysis to a range of topics.</li><li>Familiarity with major financial/monetary databases would be beneficial</li></ul>Who we are:The Bank for International Settlements is a diverse organization with colleagues from over 60 countries. By joining us, you will work in a unique, highly rewarding, and international work environment. We truly value diversity and inclusion and want to reflect the world we serve. &nbsp;We want the best people to work for us in an inclusive environment so welcome applications from all qualified candidates. At the BIS, we value equality and diversity in all its forms, including those with a breadth of professional experience. One way we support diversity and inclusion is through our staff-run networks. You can discover more about diversity at the BIS&nbsp;<a href="https://www.bis.org/careers/ourvalues/dandi.htm" target="_blank">here</a>.What we offerWe want your time at BIS to be a rewarding and career-enriching experience. We offer an agile and flexible working environment with hybrid working opportunities including home office and working from abroad days. To support our international applicants, we offer relocation support as well as accommodation during your stay. In addition, we offer a competitive compensation and health insurance coverage. Finally, we offer a genuinely unique international working environment, which will give you exposure to the global financial system and the opportunity to collaborate with passionate experts from all over the world.Please note that a one-year cooldown period applies after completing your assignment with the BIS, this means you would not be able to rejoin the BIS for a year after completing your assignment.Application process:&nbsp;To apply please submit your CV (in English). Please also provide your answer to the application form questions by 23:59 CET on Monday 24 November 2025.

Bank for International Settlements (BIS)

2026 PhD Fellowship Programme

**Fluent (C2) level German required for this role**Start Date &nbsp; Internships in Germany are between 3 months and 6 months long. You must be available for the entire internship duration. &nbsp;You can apply for one of two seasonal intakes: Summer or Autumn. Each intake offers a flexible start date within the timeframes listed below and the internship end date can be outside the timeframe. &nbsp;<ul><li>Summer Intake Start Dates: May 1 – July 31, 2026 &nbsp;</li><li>Autumn Intake Start Dates: August 1 – December 31, 2026</li></ul>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 &amp; 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 TeamThe 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. &nbsp; &nbsp;‍The following CCD teams are looking for interns:<ul><li>Client Coverage Division Germany Wholesale &amp; EMEA-x Institutional</li><li>CCD Global COO &nbsp;</li><li>Xtrackers Sales Germany &amp; Austria</li><li>Xtrackers Sales Advisory &amp; Strategy Team</li></ul>Client Coverage Division Germany Wholesale &amp; EMEA-X InstitutionalThe 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 following 3 core segments: &nbsp;<ul><li>Institutional Clients &nbsp;</li><li>Wholesale Clients &nbsp;</li><li>Alternatives Solutions &nbsp;</li></ul>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 wholesale clients in the German and Austrian market. For servicing those clients in the most comprehensive way, we have a strong working relationship with Wealth &amp; Commercial Clients, Corporate Clients and Distributors. &nbsp;‍As our DWS Intern, you will:<ul><li>Prepare material for prospective/current client pitches as well as create product and strategy presentations (e.g. AuM, Revenues, Growth Forecasts) &nbsp;</li><li>Support with client projects, like pricing analysis and RfPs (Request for Proposal) along the whole process</li><li>Work closely with different departments and teams within DWS to obtain necessary information, updates and solutions to clients’ requests</li><li>Participate in internal product trainings and client conference calls and meetings &nbsp;</li><li>Analyze our competitors’ offerings and prepare gap analysis</li></ul>‍CCD Global COO OfficeThe Client Coverage Global COO office is responsible for global sales management, business development issues across all regions and the division's workforce management organization. We also coordinate the Client Coverage Division's main customer relationships and partnerships. and support the divisional leadership in formulating and executing the strategic agenda.&nbsp;On a daily basis, we deal with diverse aspects of managing a global sales organization and align between various hierarchical levels of the organization, including top management. Our team focuses on the successful implementation of strategic initiatives through all levels of the Client Coverage Division globally. As our DWS Intern you will:  <ul><li>Analyze, prepare and evaluate relevant data and key figures for managing sales organization</li><li>Work closely with all Divisions and DWS sales regions, esp. Product, Investment and Finance</li><li>Prepare recommendations for action, decision templates and further inputs for top management-level decision-makers and relevant committees (divisional leadership meetings, board meetings, etc.)</li><li>Carry out analyses and special ad-hoc tasks on a wide range of topics, with a focus on transformation and change processes to further develop the Client Coverage Division</li><li>Participate in projects on business-related topics in sales, esp. organization-wide initiatives / projects</li></ul> ‍Xtrackers Sales Germany &amp; AustriaThe Xtrackers Sales Germany &amp; 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:<ul><li>Assist in preparing sales presentations and customized client materials.</li><li>Analyze ETF flows and product performance to support client conversations and internal reporting</li><li>Work closely with different departments and teams within DWS to obtain necessary information, updates and solutions to clients’ requests</li><li>Participate in client conference calls, meetings, events and roadshows as well as in internal product trainings</li><li>Contribute to ongoing projects by conducting research and presenting findings to the team</li></ul>‍Xtrackers Sales Advisory &amp; Strategy Team &nbsp;The Xtrackers Sales Advisory &amp; Strategy Team within the DWS Xtrackers Sales area is responsible for the strategic direction of the Xtrackers sales business globally, which includes Xtrackers ETFs/ETCs as well as Xtrackers Mandates. The team plays a central role and works closely with various DWS stakeholders (e.g. Product Division, Investment Division and Communication &amp; 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. &nbsp;‍As our DWS Intern you will:  <ul><li>Dive into the global ETF/passive investment market through competitor analysis and market positioning.</li><li>Help develop our state-of-the art flow analysis tool to shape future sales strategies and corresponding content </li><li>Contribute to strategic sales projects, including project implementation (e.g. focus campaigns) and presentations</li><li>Collaborate with various stakeholders across product, investment, marketing, and communications teams.</li><li>Support client-focused sales efforts and develop key databases for institutional investing &nbsp;</li></ul>‍All Client Coverage Teams are looking for:<ul><li>Fluent (C2) German and advanced English language skills</li><li>Excellent command of MS Office applications, in particular MS Excel and PowerPoint </li><li>Strong communication, presentation and organizational skills as well as a structured approach to work on complex projects</li><li>Keen interest in financial services and ability to quickly grasp new and complex topics; prior relevant experience is not required</li><li>Passionate, ambitious and collaborative team member</li><li>Strong analytical and problem-solving abilities, with a keen eye for detail and ability to think outside the box</li></ul>‍Our Application Process<ul><li>Step 1 - Online application</li><li>Step 2 - Online tests</li><li>Step 3 - Video interview</li><li>Step 4 - Final Interview Day &nbsp;</li></ul>‍Our commitment to equal employment opportunity  &nbsp;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.  &nbsp;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 <a href="mailto:dws.ECrecruitment@db.com" target="_blank">dws.ECrecruitment@db.com</a> and someone from our Early Careers team will get in touch. &nbsp;‍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 &amp; 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.<h3>Eligibility</h3><ul><li>Fluent (C2) level German and advanced level English language skills</li></ul>You are:<ul><li>Enrolled in your penultimate year of your Bachelor’s or Master’s degree; or Enrolled in your last year of your Bachelor’s degree and intending on enrolling in a Master’s degree afterwards; or &nbsp; On a gap-year in between your Bachelor and Master's degree.</li><li>You must be available to start your program in Summer or Autumn 2026 for between 3 to 6 months.</li><li>You must have less than 12 months of full-time, relevant work experience (excluding other internships).</li><li>Excellent command of MS Office applications, in particular MS Excel and PowerPoint </li><li>Strong communication, presentation and organizational skills as well as a structured approach to work on complex projects</li><li>Keen interest in financial services and ability to quickly grasp new and complex topics; prior relevant experience is not required</li><li>Passionate, ambitious and collaborative team member</li><li>Strong analytical and problem-solving abilities, with a keen eye for detail and ability to think outside the box</li></ul>

DWS Group

2026 DWS Summer/Fall Internship - Client Coverage

***Advanced (C1) level German required for this role***‍Start Date &nbsp;Internships in Germany are between 3 months and 6 months long. You must be available for the entire internship duration. &nbsp;You can apply for one of two seasonal intakes: Summer or Autumn. Each intake offers a flexible start date within the timeframes listed below and the internship end date can be outside the timeframe.<ul><li>Summer Intake Start Dates: May 1 – July 31, 2026 &nbsp;</li><li>Autumn Intake Start Dates: August 1 – December 31, 2026</li></ul>‍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 &amp; 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 TeamAs part of the global DWS Product Division, our Product Specialist team is at the heart of innovation, combining deep financial expertise with real-world client interaction to deliver cutting-edge investment solutions. You'll gain hands-on experience working between sales teams and portfolio managers, translating complex strategies into clear, client-focused outcomes. Beyond managing products, we drive change—launching new investment ideas, refining pricing models, and traveling to meet clients and partners to understand their unique financial goals. Meanwhile, our Product Strategy team acts as our radar for the future, identifying global market shifts and transforming them into bold, strategic product visions, while ensuring regional specifics and deriving actions. &nbsp;‍As our DWS Intern, you will:<ul><li>Expand your knowledge about capital markets by working side-by-side with our portfolio managers and sales colleagues </li><li>Deepen your understanding of Active portfolio management strategies and learn how we can address the challenges our clients are facing in various market phases </li><li>Support the preparation of institutional client pitches as well as roadshows for retail distribution partners </li><li>Become involved in cross-divisional initiatives to steadily enhance our offering </li><li>Conduct research &amp; quantitative analysis, including competitor research, to support decision making processes and identify future product trends</li><li>Support in depth market analysis for institutional &amp; retail clients ensuring alignment with regional specifics in EMEA, APAC &amp; US markets &nbsp;</li></ul>‍The Team is looking for:<ul><li>Advanced (C1) German and advanced English language skills</li><li>Strong skills in MS Office tools</li><li>Team player with a curious mind</li><li>Keen interest in financial markets and portfolio strategies; prior experience is not required &nbsp;</li></ul>‍Our Application Process<ul><li>Step 1 - Online Application</li><li>Step 2 - Online Tests</li><li>Step 3 - Video Interview</li><li>Step 4 - Final Interview Day &nbsp;</li></ul>‍Our commitment to equal employment opportunity  &nbsp;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.  &nbsp;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 <a href="mailto:dws.ECrecruitment@db.com" target="_blank">dws.ECrecruitment@db.com</a> and someone from our Early Careers team will get in touch. &nbsp;‍<h3>Eligibility</h3><ul><li>Advanced (C1) German and advanced English language skills</li><li>You are: Enrolled in your penultimate year of your Bachelor’s or Master’s degree; or Enrolled in your last year of your Bachelor’s degree and intending on enrolling in a Master’s degree afterwards; or &nbsp; On a gap-year in between your Bachelor and Master's degree.</li><li>You must be available to start your program in Summer or Autumn 2026 for between 3 to 6 months.</li><li>You must have less than 12 months of full-time, relevant work experience (excluding other internships).</li></ul>‍

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