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2026 Intern Conversion - 2027 Quantitative Analytics Summer Internship Capital Markets (PhD) – Early Careers

Wells Fargo Bank
  • Charlotte, North Carolina
    3 days ago

    Job Description

    The Wells Fargo Quantitative Analytics Internship Program offers PhD candidates an opportunity to apply advanced analytics, artificial intelligence, and machine learning to complex business challenges at one of the world's leading financial institutions.  

      

    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. #earlycareers 
     

     

    What You’ll Be Doing: 

    You could work on high-impact projects like:  

    • 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, implementation. 

     

     

    What You’ll 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   


    Required Qualifications:

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


    Required Qualifications for Europe, Middle East & Africa only:

    • Work experience, or equivalent demonstrated through one or a combination of the following: work experience, training, education

    Desired Qualifications: 

    • Successful completion of 2026 Quantitative Analytics Internship Program 

    • Currently pursuing a PhD degree in Mathematics, Physics, Engineering, Statistics or related quantitative field, with an expected graduation date after December 2027.  
     
    • Excellent programing 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. 

     

    Join us at Wells Fargo and become a part of a dynamic team that is shaping the future of the financial industry. Apply now and embark on a journey towards personal and professional growth in quantitative analytics.  #earlycareers 

    Posting End Date: 

    11 Aug 2026

    *Job posting may come down early due to volume of applicants.

    We Value Equal Opportunity

    Wells Fargo is an equal opportunity employer. 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.

    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 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.

    #DNP-IND

    Numbers & Facts

    LocationCharlotte, North Carolina
    IndustryFinancial Services
    Company Size10,000 employees or more
    Year Founded1852
    Websitewellsfargojobs.com/en/diversity/disability-inclusion

    About Company

    We believe in our vision and values just as strongly today as we did the first time we put them on paper more than 20 years ago. Staying true to them will guide us toward continued growth and success for decades to come. As you read more about our vision and values, you will learn about who we are, where we’re headed and how every Wells Fargo team member can help us get there.

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