2027 Quantitative Modeling Summer Intern

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 What   you’ll   do   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   Q uantitative   Modeling   I ntern,   you’ll :   Work r egularly 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   Who   we’re   looking for   Are you interested in solving complex problems in the financial industry? If you are a mathematical, statistical, or quantitative pro   who’s   curious about applying your skills outside of academia ,   the Quantitative   Modeling   Internship   at U.S. Bank   might be right for you !     Basic qualifications:   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 , 202 7 .   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   Strong   p rogramming   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,   Econo metrics , Machine   L earning,   etc.   Knowledge of various regression techniques, parametric and non-parametric algorithms, times series   analysis   or   other statistical   approaches , 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 to   submit   your application. Internship 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   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 - $37.6