Required skills
Job description
Scalable Capital posted this role. Below, we break down what it means for a working student in Munich: your weekly hours, take-home pay and visa limits. You can also open ChatGPT or Claude with a ready-made prompt to tailor your CV, check your fit, draft a cover letter or prep for the interview.
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Description provided by Scalable Capital
Job Description
- You support day-to-day operational risk and incident management, including: ensuring risk and incident reporting, quality review and challenging, monitoring implementation of mitigating actions, reconciliation of incidents
- You support control testing by identifying control gaps and assisting 1st Line of Defense in defining corrective actions
- You support monitoring and improvement of Operational Key Risk Indicators (KRI)
- You support Risk and Control Self Assessment (RCSA) process
- You create reports for senior management and managing directors
- You contribute to ad-hoc project topics, as required
Qualifications
- You are studying towards a Bachelor’s or Master’s degree in business administration, finance, economics or equivalent
- You are available for min. 3 months internship
- You are proficient in MS Office, especially Excel or Google Workspace
- You have a strong ability for risk-oriented analysis and comprehensible presentation of complex issues
- You are able to work in a time-sensitive environment and you are able to balance competing priorities
- You have concise verbal and written communication skills in English, German language is advantageous
Additional Information
- Be part of one of the fastest-growing and most visible Fintech startups in Europe, creating innovative services that have a substantial impact on the lives of our customers
- The ability to work with an international, diverse, inclusive, and ever-growing team that loves creating the best products for our clients
- Enjoy an office in the heart of Munich, located in a lively neighbourhood and close to the English garden
- All internships are worth the same with us: we also remunerate mandatory internships
- Learn and grow by joining our in-house knowledge sharing sessions
- Work productively with the latest hardware and tools
- Free subscription to the PRIME+ Broker
Working student essentials
What this Finance internship in Munich means for you: the pay rules, the social contributions, and what international students should check before applying.
Weekly hours
Internships have no 20-hour cap, but a voluntary internship longer than three months generally has to pay at least the German minimum wage. Mandatory internships in your study programme are exempt.
Working student rulesSocial contributions
Mandatory internships are largely exempt from social contributions. Voluntary internships are treated like regular employment once they run long enough, so contributions usually apply.
Check your insuranceInternational students
Non-EU students can work 140 full or 280 half days per year (raised from 120/240 in March 2024). A working student contract usually fits within this — confirm the exact limits printed on your residence permit.
Studying in Germany
