2027 Wealth & Asset Management Intern

Us Bank; Minneapolis (MN); Hybrid; USD 44,000 - 59,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) plan

Paid vacation

11 paid holidays

Job summary

U.S. Bank seeks a Wealth & Asset Management Summer Intern for a 10-week paid program starting June 7, 2027.

You’ll gain exposure to wealth and asset management, project management, and client service through on-the-job training, mentorship, and structured development opportunities. You’ll work with diverse teams, perform research and analysis, and learn to present findings while building business acumen and a professional network that could lead to a full-time development program after

Qualifications

• Pursuing a bachelor’s degree with a target graduation date of December 2027 or Spring of 2028.
• Basic understanding of Financial/Accounting terms, concepts, and applications.
• Ability to start internship program on June 7, 2027.

Responsibilities

• Performing research, analysis, review, development, implementation, and monitoring new and/or revised products/services.
• Analyzing current costs and estimating costs or cost savings and enhanced benefits.
• Compiling and analyzing information for an assigned project and making recommendations.
• Co-leading and influencing a working team of project staff.
• Acting as a project liaison with other departments.
• Developing technical and business acumen through training, mentorship, and exposure to senior executives.
• Building a supportive community of peers through cohort activities.

Skills

Analytical

Project management

Communication

Teamwork

Integrity

Education

Bachelor's degree in progress

Tools

Excel

Office 365

Job description

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

2027 Wealth & Asset Management Summer Intern

Our Wealth Management team

Wealth Management from U.S. Bank and U.S. Bancorp offers comprehensive wealth management services to individuals and families across a wide range of wealth levels. Clients have access to the expertise of U.S. Bank, which provides banking, trust, planning and investments, as well as the resources of U.S. Bancorp Investments, which delivers planning, investment, insurance, and brokerage services. Together, we offer an integrated wealth management approach focused on the unique needs of our clients.

Our Institutional Asset Management team

U.S. Bancorp Asset Management (USBAM) is an SEC Registered Investment Adviser providing investment management services to institutional investors that include corporations, non‑profits, endowments, foundations, and public sector entities. USBAM’s core strength and focus is on managing liquidity solutions, investment grade fixed income, and multi‑asset class strategies with more than $400 billion in assets under management as of June 30, 2025. Clients benefit from access to a team of investment professionals that includes relationship managers, portfolio managers, traders, and research analysts, as well as back‑office support functions in operations, accounting, and compliance.

What you’ll do

Our 10‑week paid internship will provide you with the foundational knowledge on how wealth management and asset management teams meet clients’ needs. You will be exposed to diverse roles broadly focused on project management, process and policy development and execution, quantitative and qualitative analysis; presentations and reporting; and client services. You will receive accelerated learning and skill development through a mix of on‑the‑job training, mentorship, a community of peers and advisors, and a pathway to our full‑time Wealth & Asset Management Development Program upon graduation.

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

Get hands‑on experience

• Performing research, analysis, review, development, implementation, and monitoring new and/or revised products/services.
• Analyzing current costs and estimates the cost or cost savings and enhanced benefits that may be achieved by implementing a recommendation.
• Compiling and analyzing information for an assigned project or area and making recommendations based on findings.
• Co‑leading and influencing a working team of project staff.
• Acting as a project liaison with other departments.
• Develop technical and business acumen through training, mentorship, and exposure to senior executives.
• Build a supportive community of peers through a variety of cohort strengthening activities such as social events, volunteer days, and development workshops.

Who we’re looking for

Do you have a service‑minded outlook, with a strong desire to help others understand their finances? Are you an analytical individual who loves to use numbers to understand the root cause of an issue or to provide recommendations? Do you find fulfillment in using qualitative and quantitative analysis or financial modeling to tell a story? If you are business‑savvy, with strong communications, problem‑solving, and project management skills, then the Wealth & Asset Management Internship may be right for you!

Basic qualifications

Pursuing a bachelor’s degree with a target graduation date of December 2027 or Spring of 2028.

Basic understanding of Financial/Accounting terms, concepts, and applications.

Ability to start internship program on June 7, 2027.

Preferred qualifications

• Strong interest in finance, project management, consulting, and/or investment management
• Exceptional communication and presentation skills
• Strong work ethic with a proactive, flexible attitude and a desire to pitch in wherever needed
• Developed problem solving skills and a solutions‑focused approach to addressing challenges
• Outstanding teamwork and project execution skills with multitasking capability
• Unwavering integrity and ethics
• Proficient in Office 365, with strong skills in Excel

Working model and hours

This role requires working from a U.S. Bank location three (3) or more days per week, while having flexibility on their work location for the other working days. Interns work approximately 40 hours each week during the internship.

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 development program

Benefits

• 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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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.

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 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: $21.25 - $28.32

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.