In the Internal Audit department, we provide senior management an objective and independent assessment of the Firm’s internal control environment for risk management and governance.

Since 1935, Morgan Stanley has been 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.

Internal Audit Internship Program – Budapest

We are looking for several interns to join four different teams within the Budapest Internal Audit organization. Each team has its own focus and looks for a different skillset:

• Finance Audit: financial and regulatory reporting, and finance-related controls
• Technology Audit: cybersecurity, emerging technology, IT infrastructure, systems, data and technology controls
• Quantitative Analytics Group (QAG): review of models and quantitative methods used by the Firm
• Data Analytics: using data, analytics and automation to support auditors’ work

If any of these areas interests you, we encourage you to apply. We will match you with the team that best fits your background.

All interns take part in a comprehensive development program that provides exposure to various functions across Internal Audit and coverage areas within the Firm. You can work in a flexible work arrangement for 20–40 hours per week.

We offer a supportive and vibrant multinational environment in an inspiring international team, with engagement with senior leadership and mentors. You will experience a collaborative culture with continuous development opportunities and access to comprehensive trainings, including internal audit fundamentals and Morgan Stanley’s audit methodology. You can participate in the Firm’s networking events. You will also have the flexibility to work from home for part of your scheduled working hours, and the opportunity to extend your internship or take a full-time offer upon graduation.

Roles and responsibilities:

• Develop a working knowledge of business / technology principles and basic auditing standards
• Develop knowledge of auditing tools and techniques
• Execute a wide range of audit assurance activities with guidance
• Contribute to formulating messages regarding risks and the related business impacts identified during audit activities
• Produce quality work in accordance with team / department priorities and assigned deliverables (e.g., documenting audit objectives, executing control testing and communicating results to management)
• Collaborate with colleagues across the globe

Team-specific responsibilities:

• Finance Audit: Support audits of financial and regulatory reporting and finance processes; test reconciliation and adjustment controls
• Technology Audit: Support audits of IT applications, infrastructure, cybersecurity and emerging technology; assess technology risks and control effectiveness
• Quantitative Analytics Group: Support audits of models and quantitative processes; review model documentation, methodology and testing
• Data Analytics: Extract and analyze data for audit testing; build data quality checks, dashboards, automation, and analytics/GenAI tools

Requirements:

• Graduation date between December 2027 and June 2028
• Fluent English (written and verbal)
• Clear, concise communication skills
• Strong critical thinking, analytical and problem-solving skills
• Collaborative and adaptable in a dynamic environment
• High attention to detail and quality
• Inclusive mindset and behavior
• Open to guidance and feedback for self-development

Team-specific requirements (preferred):

• Finance Audit
  • Degree: Bachelor’s in Finance, Accounting, Business Management or related field
  • Skills: Accounting principles and financial statements; good Excel and analytical skills
• Technology Audit
  • Degree: Bachelor’s in Computer Science, Cybersecurity, IT, Information Systems, Software Engineering, Data Science or related field
  • Skills: Basics of networks, operating systems, databases, cloud/application security and cybersecurity; strong analytical and problem-solving skills
• Quantitative Analytics Group
  • Degree: Master’s in Quant Finance, Finance or Mathematics (preferred), or final-year Bachelor’s in Finance, Quant Finance, Mathematics, Economics or other STEM field
  • Skills: Statistics, financial mathematics, financial products; Python or R is a plus
• Data Analytics
  • Degree: Bachelor’s or Master’s in Mathematics, Physics, Finance, Economics, Data Science, Data Engineering or other STEM field
  • Skills: SQL, Python, Power BI

What you can expect from Morgan Stanley:

We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren’t just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you’ll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. 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. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.