2026 Capital Markets Summer Intern - Derivative Product Group

What you’ll do 

Our 10-week paid internship will provide you with the foundation to become a financial market specialist while working in a dynamic and supportive team environment. 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 Capital Markets Development Program upon graduation. 

Derivative Product Group (DPG) Role: 

Interest rate and commodity derivatives are a key component of U.S. Bank's expanding capital markets platform, and the firm continues to invest in and enhance its derivative capabilities. The Derivative Product Group is currently comprised of 27 product specialists marketing derivative products to corporate, commercial, real estate, specialty finance, and commercial clients. During their assignments the interns will get exposure to the DPG sales, trading, and operational processes.  In addition to the practical exposure on the DPG desk, there is an academic component of the program where content and assignments relative to our industry will be offered to the internship class. 

Who we’re looking for 

We’re looking for intellectually curious and creative thinkers who can think on their feet and thoughtfully react to a changing market.  

Basic qualifications: 

Pursuing a bachelor’s degree in Finance, Financial Engineering, Economics, or a related field with a target graduation of December 2026 or spring 2027   

Ability to start the internship program on June 1, 2026 

Preferred qualifications: 

Solid foundation of economics and finance theory; well-versed in current economic conditions and outlook including monetary policy, growth/inflation, and the current interest rate environment 

Knowledge of fixed income mathematics and pricing of derivative applications, including swaps, swaptions, caps, floors, and treasury locks 

Exceptional interpersonal skills, both oral and written. 

Well-developed analytical skills. 

Acute attention to detail. 

Self-motivated with a keen desire to learn and contribute within a dynamic team environment. 

Ability to work well under pressure and time constraints. 

Internship benefits:   

Meaningful, hands-on work that impacts the business   

Networking opportunities with senior leadership, U.S. Bank team members, and interns   

Potential for a fulltime offer upon graduation into a development program   

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.