2027 Quantitative Analytics Summer Internship Capital Markets (PhD) – Early Careers

Wells Fargo & Company • Charlotte, NC

1d • Onsite

About The Position

Wells Fargo is seeking talent to join the 2027 Quantitative Analytics Summer Internship Program Capital Markets (PhD). This 10-week summer internship combines hands-on project experience, mentorship, technical training, and exposure to senior leaders. Through this 10-week internship you'll work alongside experienced quantitative professionals, helping develop and evaluate innovative solutions that support business strategy, risk management, and customer experience across Wells Fargo. You'll be expected to bring fresh perspectives, explore innovative approaches, and contribute to solutions that support Wells Fargo's strategic priorities. Along the way, you'll develop not only your technical capabilities but also the business acumen and leadership skills needed to succeed in a highly collaborative environment. High performing interns may receive consideration for full-time roles after graduation.

Requirements

• 2+ years of work experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

• Currently pursuing a PhD degree in Mathematics, Physics, Engineering, Statistics or related quantitative field, with an expected graduation date after December 2027.
• Excellent programming skills for data and statistical analysis such as Python, C++, SQL, and Java.
• Experience and demonstrated knowledge in mathematical and numerical methods including Monte Carlo methods, differential equations, linear algebra, applied probability, and statistics.
• Strong quantitative and analytical skills, with the ability to apply data analysis, modeling, visualization, statistics, research, and generative AI to generate insights, adapt quickly, and support innovative solutions.
• Ability to execute with urgency, apply data and software engineering skills to design, develop, and deliver scalable solutions, and drive operational excellence with strong data management and an enterprise mindset.
• Strong communication skills, with the ability to foster an inclusive environment and actively seek, apply, and respond to feedback in collaborative analytical settings.
• Strong business acumen and understanding of capital markets, with a commitment to providing excellent service and supporting data-informed business outcomes.
• Ability to act with integrity, support risk assessments, and apply risk controls to help manage risk in a disciplined, data-driven environment.

Responsibilities

• Developing pricing models that are used by various Wells Fargo trading desks
• Enhancing production models to mitigate any deterioration in model performance
• Developing simulation models to forecast losses for trading portfolios
• Developing benchmark models to assess potential limitations of production models
• Providing analysis and reporting of metrics utilized to assess ongoing model performance
• Applying statistical and quantitative techniques to validate model design, calibration, and implementation.

What This Job Offers

• Career Level: Intern
• Education Level: Ph.D. or professional degree