2024 Investment Services Summer Intern
Job Description
Our Investment Services team
Our Investment Services organization provides you the opportunity to support one of two unique teams as you launch your career:
- U.S. Bank Global Corporate Trust & Custody is a leading provider of corporate trust services and custody solutions in the United States and Europe, serving private and public companies, government and tax-exempt entities, and financial services companies. Our teams provide expert guidance backed by financial strength and resources to help our clients achieve success.
- U.S. Bank Global Fund Services offers a full array of finance functions: fund accounting, fund administration, regulatory support, transfer agent and custody. Our solutions are available as a comprehensive suite or independently. Clients serviced are firms that offer registered and unregistered investment vehicles. Vehicles we provide services to include open-ended, closed-ended, hedge funds, fund of funds, offshore funds, exchange-traded products or UCITS. Some of our client relationships began at our inception. Creating and maintaining strong partnerships with our clients is at the core of what we do.
What you’ll do:
Our 10-week paid internship will provide you with the foundational knowledge on how investment services meet clients’ needs. You will be exposed to diverse roles broadly focused on operational, comprehensive asset servicing management. 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 Investment Services Development Program upon graduation.
As an Investment Services Intern, you’ll:
- Get hands-on experience working on projects that impact the business such as:
- Performing research, analysis, review, development, implementation, and monitoring of 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:
Are you interested in understanding how assets move in our financial markets? Would you like working in an operations-focused environment, ensuring consistent process execution in support of our domestic and global institutional client relationships? If you are process-savvy and detail-oriented, with strong data analytics and communications skills, then the Investment Services Internship may be right for you! Our ideal candidate is operations-minded, with interests in data analytics and serving our clients across an end-to-end lifecycle of transaction management.
Basic qualifications:
- Pursuing a bachelor’s degree with a target graduation date of December 2024 or May 2025
- Basic understanding of Financial/Accounting terms, concepts, and applications
- Ability to start internship program on June 10, 2024
Preferred qualifications:
- Strong interest in finance, operations, 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 is hybrid. Interns who are in a hybrid role typically spend three days a week at the listed U.S. Bank location(s), while having flexibility on their work location for the other working days.
Interns work approximately 40-hours each week during the internship.
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, 2023.
Internship benefits:
- Meaningful, hands-on work that impacts the business
- Networking opportunities with senior leadership, U.S. Bank team members, and interns
- Option for sign-on bonus
- Potential for a fulltime offer upon graduation into a development program