Summer 2027
Quantitative Analytics Intern
Multiple Teams
Updated on 9/4/2026
Wells Fargo
10,001+ employees
Nationwide banking and financial services
No salary listed
Charlotte, NC, USA
In Person
The 10-week program is based in Charlotte, North Carolina, with an intern induction week at an offsite location.
PhD
 Quantitative Finance (2) |
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- At least 2 years of work experience, or equivalent demonstrated through work experience, training, military experience, or education.
- Currently pursuing a PhD degree in Mathematics, Physics, Engineering, Statistics, or a related quantitative field, with an expected graduation date after December 2027.
- Programming skills for data and statistical analysis using Python, C++, SQL, and Java.
- Knowledge of mathematical and numerical methods, including Monte Carlo methods, differential equations, linear algebra, applied probability, and statistics.
- Quantitative and analytical skills applicable to data analysis, modeling, visualization, statistics, research, and generative artificial intelligence.
- Data and software engineering skills to design, develop, and deliver scalable solutions, with strong data management capabilities.
- Understanding of capital markets and business acumen.
- Ability to support risk assessments and apply risk controls in a disciplined, data-driven environment.
- Develop pricing models used by Wells Fargo trading desks.
- Enhance production models to mitigate deterioration in model performance.
- Develop simulation models to forecast losses for trading portfolios.
- Develop benchmark models to assess potential limitations of production models.
- Provide analysis and reporting of metrics used to assess ongoing model performance.
- Apply statistical and quantitative techniques to validate model design, calibration, and implementation.
- Contribute to strategic business goals through on-the-job project experiences.
- Follow applicable risk programs, policies, procedures, and compliance obligations; identify and escalate risks and make sound risk decisions.
- Strong communication skills and the ability to foster an inclusive environment and actively seek, apply, and respond to feedback in collaborative analytical settings.
- Ability to execute with urgency and drive operational excellence with an enterprise mindset.
- Commitment to providing excellent service and supporting data-informed business outcomes.
Wells Fargo provides banking, investment, and payment services to individuals, businesses, and institutions. Its products include checking and savings accounts, loans, credit cards, wealth management, and payments, accessible through branches, online and mobile platforms, and full payment rails. The company combines a wide national footprint with a long history and a business model that integrates banking, investment, and payments, supported by a large network of branches and ATMs. Its goal is to help customers manage money, grow wealth, and move funds safely and reliably.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Francisco, California
Founded
1851
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Simplify's Take
What believers are saying
- 2Q26 revenue rose 9% to $22.6 billion, led by noninterest income.
- 2Q26 wealth revenue grew 13% as advisory fees rose with markets.
- March 2026 Fed ended its final fake-accounts enforcement action.
What critics are saying
- July 2026 headcount fell to 197,000 after 24 straight quarterly declines.
- Legacy misconduct still drives active class actions through 2026.
- Another controls failure would resurrect federal oversight and kill the turnaround.
What makes Wells Fargo unique
- March 2026 Fargo passed 1 billion interactions and 33 million mobile users.
- 2Q26 wealth assets reached $2.69 trillion after a five-year revamp.
- 2026 adviser recruiting now attracts independent advisers using Wells Fargo's platform.
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Benefits
Health Insurance
401(k) Retirement Plan
Paid Vacation
Paid Sick Leave
Parental Leave
Disability Insurance
Life Insurance
Tuition Reimbursement
Commuter Benefits
Adoption Assistance
Company News
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