2025 Summer Internship Quantitative Analytics Program (Master's) - Early Careers - job 1 of 2
About this role:
Wells Fargo is seeking talent to join the Summer Internship Quantitative Analytics Program (Master’s) – Early Careers. Learn more about the career areas and lines of business at wellsfargojobs.com
Program Overview
The internship program is a ten-week overview of Wells Fargo, and prepares you to develop, implement, calibrate, or validate quantitative models. The program is designed to provide you a blend of technical, business, and professional developmental opportunities that incorporates real-world experiences and prepares you for a career at Wells Fargo. Based on individual achievement, those who excel in the internship program may receive an offer for full-time employment.
There are two tracks:
· The Capital Markets track deals with mathematical models for pricing, hedging and risking complex financial instruments. Wells Fargo trading portfolios include products in all traded asset classes such as credit, commodity, Equity, FX, Rate, Mortgages, and Asset-Backed Finance.
· The Risk Analytics & Decision Science track deals with statistical, econometric, and machine learning/AI models for a variety of applications, including loss and revenue forecasting, credit decisions, financial crimes, fair lending, operational risks, and analysis of unstructured data such as text and audio.
Tracks will be designated and assigned to the candidate upon reviewing application.
Placement group includes:
· Artificial Intelligence Machine Learning Model Development Center
· Traded Products Model Development
· Risk Modeling Group – Forecast Model Development
· Risk Modeling Group – Decision Model Development
· Market and Counterparty Risk Analytics
· Mortgage Model Development Center
· Model Risk Management
· Consumer Model Development Center
In this role you will:
· Perform mathematical model development and validation under the direction of experienced team members using Python, R, C++, SAS, SQL or other programming languages
· Be part of a team that provides solutions to business needs and improves risk management processes
· Communicate solutions to stakeholders through verbal presentations and written documentation
· Stay up to speed on industry challenges and new and innovative modeling techniques used across Wells Fargo to solve business problems or enhance business capabilities
Ideal candidate for this role:
Ability to communicate concepts and ideas, both verbally and written, and explain technical material to a non-technical audience
For the Capital Markets Track: Experience and demonstrated knowledge in mathematical and numerical methods including Monte Carlo methods, differential equations, linear algebra, applied probability, and statistics
For the Risk Analytics & Decision Science Track: Experience and demonstrated first-hand knowledge in a number of these areas: data analysis, statistical modeling, machine learning/AI models, data management, and computing
Energetic self-starter who proactively takes initiative, remains curious and has a genuine interest in learning and growth
What you will experience:
· Spend your Intern Induction Week at an offsite location
· Structured and engaging onboarding experience
· Speaker series with Wells Fargo senior leaders
· Professional development opportunities
· Networking and engaging with peers
· On-the-job experiences contributing to strategic business goals
Program Dates: June - August, 2025 (10 weeks, 40 hours per week)
Program Location: Charlotte, NC
Required Qualifications:
6+ months of work experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Currently pursuing a Master’s degree in Statistics, Data Science, Mathematics, Quantitative Finance, Operations Research, Computer Science, Engineering or related quantitative field
Computer programing skills and use of statistical software packages such as Python, R, SAS, SQL, Spark, Java, and C++
Currently pursuing a Master’s degree with an expected graduation date between December 2025 or later
Excellent verbal, written, and interpersonal communication skills
Involvement in extracurricular enrichment activities through one or more of the following: volunteerism, student organization involvement, study abroad program(s), leadership position(s), non-profit involvement
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
#earlycareers
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Wells Fargo will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from Wells Fargo now or in the future in order to retain their authorization to work in the United States.
Posting End Date:
30 Mar 2025*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Are you ready to kickstart your career in quantitative analytics? Wells Fargo is looking for enthusiastic talent to join our 2025 Summer Internship Quantitative Analytics Program (Master's) in Charlotte, North Carolina! This ten-week internship offers a comprehensive overview of our operations and prepares you to develop, implement, calibrate, or validate quantitative models essential for business success. You'll have the opportunity to work on two exciting tracks: the Capital Markets track, where you'll engage with complex financial instruments and mathematical modeling, or the Risk Analytics & Decision Science track, focusing on advanced statistical and machine learning models. You’ll be collaborating with a knowledgeable team, utilizing programming languages like Python, R, and SQL to deliver solutions that enhance our risk management processes. What’s great about this internship is that you’ll gain real-world experience and professional development through engaging onboarding activities and networking opportunities with peers and senior leaders at Wells Fargo. Those who demonstrate exceptional performance may even receive a full-time job offer post-internship. If you're pursuing a Master’s degree in a quantitative field and have a knack for problem-solving and data analysis, this role could be the perfect fit for you. Here at Wells Fargo, we strive for diversity and inclusion and are excited to welcome bright minds into our dynamic culture. Your journey begins with us this summer, join us to make a difference!
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S. Wells Fargo is No. 47 on Fortu...
411 jobs
Subscribe to Rise newsletter
🔮
Hi, I'm Risa! Your AI Career Copilot
you, just ask me below!
Sign up for our weekly
newsletter of fresh jobs
