2025 Wealth & Asset Management Summer Intern

Posted:
8/7/2024, 5:00:00 PM

Location(s):
Minneapolis, Minnesota, United States ⋅ Saint Paul, Minnesota, United States ⋅ Minnesota, United States

Experience Level(s):
Internship

Field(s):
Finance & Banking

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

What you’ll do

Wealth & Asset Management Interns are a critical part of our team, who ultimately serve a broad client base and aid in revenue generation on behalf of the Bank. Throughout our 10-week paid internship, you’ll learn finance principles and skills through accelerated formal training, mentorship and a community of peers and advisors.

Wealth & Asset Management business lines are set out to serve and meet our clients’ needs, while achieving key growth metrics to expand our assets under management. During your internship, you will be exposed to different functions, giving you experience across the lifecycle of a client relationship. Functions may include project or program management; process or policy development and execution; quantitative and qualitative analysis; presentations and reporting; and client services.

As a Wealth & Asset Management Intern, you’ll:

  • Perform research, analysis, development, implementation, and monitoring of new and/or revised products or services.
  • Analyze current costs, cost savings and enhanced benefits that may be achieved by implementing a new solution or recommendation.
  • Compile, review and analyze information for an assigned project or area, and make recommendations based on findings.
  • Co-lead and influence a working team of project staff.
  • Act as a project liaison with other departments.

Who we’re looking for

Do you have a service-minded outlook, with a strong desire to help individual and/or institutional clients meet their financial goals? Are you interested learning how financial products can be the right tool to improve others’ financial situations? If you are business-savvy, with strong communications, leadership, and project management skills, then the Wealth & Asset Management Internship may be right for you!

Basic qualifications:

  • Four-year college undergraduate student who has completed their junior year
  • Basic understanding of financial or accounting terms, concepts, and applications
  • Ability to start a summer internship on June 9, 2025

Preferred qualifications:

  • Strong written and verbal communication skills 
  • Ability to think and work independently within a professional setting 
  • Coursework or extracurricular activities related to Finance, Accounting or Treasury
  • Strong analytical, problem solving and critical thinking skills 
  • Flexibility to work within a multi-discipline team and receive dynamic on-the-job training 
  • Highly organized; ability to manage and prioritize multiple tasks and deadlines simultaneously 

Working model and hours:

This role will be based in a hub. Team members in hubs are expected to spend three days a week in-office with flexibility on their work location the other working days. Rotational program analysts/interns work approximately 40 hours per week in this role.

The application process

If you are interested in applying and learning more, click on the Apply Now icon to submit your application. Most applications will be closed on September 29.

Internship benefits

  • Meaningful, hands-on work that impacts the business
  • Networking opportunities with senior leadership, U.S. Bank team members, and interns
  • Option for a sign-on bonus
  • Potential for a fulltime offer upon graduation into a rotational program
  • Option to participate in case competition working on cross-functional teams

This position is not eligible for visa sponsorship.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

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 is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.  

E-Verify

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 E-Verify program.

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: $20.63 - $27.50 - $30.25

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