2027 Quantitative Modeling Summer Intern

U.S. Bank • Charlotte, NC

15h • Hybrid

About The Position

Quantitative Modeling is a dynamic and thriving field that solves real-world problems through quantitative research, 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-time Quantitative Modeling Development Program upon graduation. As a Quantitative Modeling Intern, you’ll work regularly with model development teams in researching and vetting quantitative methodologies, get hands-on experience working on creating, validating, testing, and documenting models that impact the business, and develop technical and business acumen through training, mentorship, and exposure to senior executives. You will also build a supportive community of peers through a variety of cohort-strengthening activities such as social events, volunteer days, and development workshops.

Requirements

• Pursuing a master’s or PhD degree in Statistics, Mathematics, Physics, Engineering, Financial Engineering/Mathematics, Economics, or other highly quantitative degrees with a target graduation date of December 2027 or Spring 2028.
• Basic understanding of modeling and validation techniques in varying disciplines
• Ability to start the 10-week internship program on June 7, 2027.

Nice To Haves

• 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
• Strong programming skills such as C++, Python, R etc.
• Data compilation, programming skills and 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, Machine Learning, etc.
• Knowledge of various regression techniques, parametric and non-parametric algorithms, times series analysis or other statistical approaches, various model validation tests/methodologies

Responsibilities

• Work regularly with model development teams in researching and vetting quantitative methodologies
• Get hands-on experience working on creating, validating, testing, and documenting models that impact the business
• Develop technical and business acumen through training, mentorship, and exposure to senior executives
• Build a supportive community of peers through a variety of cohort-strengthening activities such as social events, volunteer days, and development workshops

Benefits

• Meaningful, hands-on work that impacts the business
• Networking opportunities with senior leadership, U.S. Bank team members, and interns
• Potential for a fulltime offer upon graduation into a rotational program
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Intern