2027 P.A.C.E. Graduate Program - Traditional Investments - New York

Start dates

September 6^th 2027

Salary

The salary range for this position is $100,000 prorated. Posted salary ranges do not include incentive compensation or any other type of remuneration.

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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!

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About the DWS P.A.C.E. Graduate Program 
Our 2-year P.A.C.E. Graduate Program begins with an intensive onsite onboarding program with all global P.A.C.E. participants in Frankfurt, Germany. After completion, you will then join your assigned division and complete four six-month rotations there. Throughout the program you will have the opportunity to implement your technical training in a practical setting with expert guidance and to grow your network within DWS.  

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As a P.A.C.E. participant you will: 

• Work with diverse teams across departments and countries to support and enable the success of DWS 

• Share your ideas, think creatively and help shape the world of asset management

• Take ownership, make decisions and grow through hands-on learning

• Become an integral part of the global P.A.C.E. community and DWS network

About the Team

DWS is one of the world’s leading investment organizations, with a platform that manages over a trillion dollars in assets. The Traditional Asset Class investment group includes Active Fixed Income, Active Equity and Xtrackers (ETF platform) with a commitment to achieve superior performing portfolios and achieve consistent above-average, risk-adjusted returns. Our investment process and performance culture is driven by the combination of accountability and conviction with independent and strong risk oversight at each step of the investment cycle challenging portfolio management’s view in pursuit of consistent and achievement of our client’s goals.

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As our Traditional Investments Graduate, you will:

Undertake a 2 year Program  within Traditional Asset Classes. A non-exhaustive list of possible rotations includes Trading, Fixed Income Investments, Equities, and/or Xtrackers (DWS’ flagship ETF product).

Depending on where you are placed, your day-to-day responsibilities might include the following.

• Day-to-day management of traditional asset class portfolios for cash investing to investment grade to high yield to equities
• Support portfolio managers with trade execution, portfolio trades and credit default swap orders in compliance with trading procedures and portfolio guidelines
• Monitor public bond market, assess relative value and provide investment recommendations for specific securities that are aligned with the strategy of portfolios
• Building and maintaining relationships externally with banks, broker-dealers and financial marketplace counterparts
• Participate in internal meetings with portfolio managers and research as part of the investment decision making process
• Work on innovative and creative ETF/index concepts in collaboration with index providers
• Interact directly with key partners such as our clients, index providers and other business partners
• Contribution to the production and promotion of thought leadership, content and marketing material
• Run product and market analytics such as wallet studies, product comparisons and peer/benchmark metrics
• Partnering with client coverage and client facing teams to provide commentary and discuss opportunities, macro events, investment performance and strategies with existing clients and prospects

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The Team is looking for:

• Minimum of intermediate Microsoft Excel skills (Word and PowerPoint is helpful)
• Strong interest in financial markets evidenced by coursework or relevant experiences
• Financial modeling and analysis preferred, not required

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AI & Future Skills

The future of asset management will be shaped by people who can combine curiosity, critical thinking and technology.

At DWS, interns and graduates are encouraged to explore how emerging technologies, including artificial intelligence, can support research, analysis, productivity and innovation.

Through our learning ecosystem, you'll develop the skills needed to work effectively in a rapidly evolving industry while understanding the importance of responsible and ethical use of technology.

We welcome candidates from all degree disciplines who demonstrate:

• Curiosity and a willingness to learn
• Critical thinking and sound judgement
• Strong collaboration skills
• An enthusiasm for using technology and AI-enabled tools to improve outcomes

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Our Application Process

• Step 1 – Online Application
• Step 2 - Online Tests
• Step 3 - Video Interview
• Step 4 – Assessment Centre  

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Our commitment to equal employment opportunity

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.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: "EEO is the Law poster" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Non-discrimination Provision.

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Privacy Statement

The California Consumer Privacy Act outlines how companies can use personal information. Click here to view DWS’ Privacy Notice.

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 dws.ECrecruitment@db.com and someone from our Early Careers team will get in touch.

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• Must be have graduated or be on track to graduate from a bachelors or masters degree in 2026 or by July 1^st 2027.
• Must have less than 12 months of full-time relevant work experience (excluding internships)
• Must be available to work full-time (including a minimum of 3 days per week in the office) during the duration of the Program
• Presently authorized to work for any employer in the United States and who will not require work visa sponsorship from DWS, now or in the future, to retain their authorization to work in the United States.

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