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Internship Non-Financial Risk Management (m/f/x)

Scalable Capitala day agoInternship
On-siteEnglish requiredGerman is a plus (not required)FinanceRisk & Compliance

Required skills

incident managementRCSAcontrol testingMS OfficeExcelKRIGoogle Workspace

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

Scalable Capital is a leading digital investment and banking platform with a full banking licence, empowering people across Europe to shape their own finances. Scalable Broker makes it easy and affordable for clients to invest professionally in stocks, ETFs, cryptocurrencies, and derivatives, as well as set up savings plans. Scalable Wealth, the digital wealth management service, offers clients professional investment in ETF portfolios, and is also adopted as a white-label solution by banks and other B2B partners. The company’s offerings are rounded off by attractive interest rates, loans, and private equity. With the European Investor Exchange, Scalable Capital offers an exchange specifically for retail investors. Over one million clients have already entrusted more than €30 billion to the platform.



Founded in 2014, Scalable Capital now employs over 700 people across Munich, Berlin, Vienna, Milan, and London. Together with the founding and management team, including Erik Podzuweit and Florian Prucker, they are working on a new generation of financial services.

Visit our finance blog or check out our Social Media channels to find out what our Expert Teams have to say.



Our Company Values guide us every day in how we work and collaborate. To learn more about them, you can find our values here (English).



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 rules

Social 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 insurance

International 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

Frequently asked questions

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