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2026 Legal and Compliance Internship Program - Operational Risk (Budapest)

Morgan Stanley

Morgan Stanley

Legal, Compliance / Regulatory
Budapest, Hungary
Posted on Jan 15, 2026

Program Description

In the Legal & Compliance division, we protect the Firm’s business by identifying risks and designing programs and policies that guide internal teams on ways to address or mitigate those outcomes.

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better

serve our clients and our communities in more than 40 countries around the world.

Legal and Compliance Internship Program - Operational Risk

Are you interested in operational risk topics like cyber-attacks, reporting errors, thefts and many more? In an investment bank like Morgan Stanley, risk management is at the cornerstone of all our activities. This position supports the Budapest team by providing analytical, decision-making, and presentation support and will give you an insight in how banks manage their risk for regulatory and business purposes.

We offer a supportive and vibrant multinational environment in an inspiring international team, where you can experience a collaborative culture and continuous development opportunities. You can participate in the Firm’s networking events and you will have the opportunity to extend your internship, or you may take a full-time offer upon graduation.

Roles and Responsibilities:

Analyse large data sets of structured and unstructured data
Contribute to development of presentations for executive management and senior risk managers
Perform other ad hoc projects, analyses, and presentation support
Cooperate with other groups/teams to scope projects, define analytical approaches

Requirements:

Ongoing BSc (or above) studies preferably in a quantitative field such as Finance, Economics, Mathematics or Business
Good problem-solving, time management and analytical skills with the ability to prioritize and present ideas concisely
Fluency in English, both verbal and written
Interest to study identification of operational risk, measuring potential losses, managing risk, method of capital modelling, natural language processing
Relevant work experience is an advantage


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.

What you can expect from Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.