US Bank Quantitative Modeling Summer Intern Job 

United States, North Carolina 

359222509

As a Quantitative Modeling Intern, you’ll:

• Regularly work with model owners and monitoring existing models
• 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

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 2025 or May 2026
• Basic understanding of modeling and validation techniques in varying functions
• Ability to start internship program June 9, 2025

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 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, Regressions, Machine learning etc.
• Knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies

Working model and hours:

Interns work approximately 40-hours each week during the internship.

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

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 (some may vary based on role, location or hours):

• 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

EEO is the Law

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 .

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 - $37.69 - $41.46

U.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.

U.S. Bank accepts applications for this position on an ongoing basis.