2027 Quantitative Modeling Summer Intern
U.S. Bank · Charlotte, United States · 20d ago
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
Whatyou’lldo
QuantitativeModelingis a dynamic and thrivingfieldthat solves real-world problems throughquantitativeresearch,development,and validation.Our 10-week paid internship will provide you with foundational experience and skill development through a mix of on-the-job training,practical experience,mentorship, a community of peers and advisors, and a pathway to our full-timeQuantitativeModelingDevelopment Programupon graduation.
As aQuantitativeModelingIntern,you’ll:
Work regularly with modeldevelopment teamsin researching and vetting quantitative methodologies
Get hands-on experienceworkingoncreating,validating,testing,and documenting modelsthatimpactthe business
Develop technical and business acumen through training, mentorship, and exposure to senior executives
Build a supportive community of peers through a variety ofcohort-strengthening activities such as social events, volunteer days, and development workshops
Whowe’relooking for
Are you interested in solving complex problems in the financial industry? If you are a mathematical, statistical, or quantitative prowho’scurious about applying your skills outside of academia,the QuantitativeModelingInternshipat U.S. Bankmight be right for you!
Basic qualifications:
Pursuing amaster’sor PhD degree in Statistics, Mathematics, Physics, Engineering, FinancialEngineering/Mathematics, Economics, or other highly quantitative degrees with a target graduation date ofDecember 2027 or Spring 2028.
Basic understanding of modeling and validation techniques in varyingdisciplines
Ability to startthe 10-weekinternship programonJune7, 2027.
Preferred qualifications:
Strong written and verbal communication skills
Ability to think and work independently within a professional setting
Strong analytical, problem solving,and critical thinking skills
Highly organized and motivated; ability to manage and prioritize multiple tasks and deadlines simultaneously
Strongprogrammingskills such as C++, Python, R etc.
Data compilation, programmingskillsand qualitative analysis skills
Statistical modeling background based on technical training or advanced education in a quantitative field such as Derivatives Pricing, Probability, Stochastic Calculus,Econometrics, MachineLearning,etc.
Knowledge of various regression techniques, parametric and non-parametric algorithms, times seriesanalysisorother statisticalapproaches, various model validation tests/methodologies
Working model and hours:
This role requires working from a U.S. Bank location three (3) or more days per week, while having flexibility on work location for the other working days.
The application process
If you are interested in applying and learning more, click on the Apply Now icon tosubmityour application.
Internship benefits
Meaningful, hands-on work thatimpactsthe business
Networking opportunities with senior leadership, U.S. Bank team members, and interns
Potential for a fulltime offer upon graduation into a rotational program
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $28.27 - $37.69U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.