Compliance internship to Risk

Hi all,

A few months ago I accepted an internship offer in Compliance at a BB bank. The more I think about it, however, I'd much prefer to intern in Risk Management (probably market/ credit risk) or Asset Management (I study engineering at a top 10 university and so also feel like my skills will be somewhat wasted here).

Is it worth applying elsewhere and just rejecting the original offer, or carrying out the internship and then trying to get onto the bank's risk/ asset management graduate schemes? Will interning in compliance actually offer me anything in terms of future career prospects in the aforementioned fields, or possibly also in strategy consulting which I'm also interested in, or am I better off looking elsewhere?

Aside If you're curious as to why an engineer applied for a compliance internship, I thought whether I end up in consulting or banking being familiar with compliance would serve me well; I also thought that I'd learn a lot about how a bank functions, and also make myself more employable further down the line given the current trend of events.

0 Comments

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”