2027 Quantitative Analytics Summer Internship Capital Markets (PhD) – Early Careers

About the role

Wells Fargo offers a 10-week Quantitative Analytics Summer Internship for PhD candidates to apply advanced analytics and AI in capital markets. Interns gain hands-on experience, mentorship, and exposure to senior leaders, working on impactful projects in a collaborative environment.

Program Overview

• 10-week summer internship from June to August 2027 in Charlotte, NC.
• Apply advanced analytics, AI, and machine learning to business challenges.
• Work alongside experienced quantitative professionals.
• Develop and evaluate innovative solutions supporting strategy and risk management.
• High-performing interns may be considered for full-time roles.
• Includes mentorship, technical training, and leadership development.

Key Projects

• Develop pricing models for Wells Fargo trading desks.
• Enhance production models to prevent performance deterioration.
• Create simulation models to forecast trading portfolio losses.
• Develop benchmark models to assess production model limitations.
• Analyze and report metrics for ongoing model performance.
• Validate model design, calibration, and implementation using quantitative techniques.

Experience and Benefits

• Intern Induction Week at an offsite location.
• Structured onboarding and speaker series with senior leaders.
• Professional development and networking opportunities.
• On-the-job experience contributing to strategic business goals.

Required Qualifications

• 2+ years of work experience or equivalent through education, training, or military experience.

Desired Qualifications

• Pursuing a PhD in Mathematics, Physics, Engineering, Statistics, or related quantitative field.
• Expected graduation after December 2027.
• Proficient in programming languages like Python, C++, SQL, and Java.
• Knowledge of mathematical and numerical methods including Monte Carlo methods and statistics.
• Strong quantitative, analytical, and communication skills.
• Understanding of capital markets and risk management principles.