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Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

Throughout the 9-week paid Finance internship within the Treasury Modeling Team, there will be inspiring opportunities that welcome you into the Schwab culture and immerse you into your role. The interactive program focuses on a variety of opportunities which feature a business track project, an intern cohort project, learning activities, volunteering in the community, a dedicated intern leader, networking, and exploring your unique personal strengths!

As a summer intern in the Treasury Modeling team, you will have a front-row seat for the latest modeling challenges within Treasury, and you will gather hands-on experience in both full balance sheet and product modeling. In our balance sheet modeling function, we explore how our balance sheet will behave under various economic scenarios, in particular, the response to various interest rate shocks. And of course, balance sheet modeling is not possible without having models for the various products on our balance sheet, such as non-maturity deposits or margin loans. Developing and refining such models is the core mission of our product modeling team. This involves analyzing large amounts of data, synthesizing information for senior stakeholders and developing forecasting models based on our analytical insights. If this is you and you are looking forward to having an impactful summer within the dynamic Treasury modeling organization, we would love to hear from you.

Come “challenge the status quo” for the Summer of 2026 and learn what is means to be the next generation of Schwab change makers!

What you have

As an intern, it’s not about what you know, it’s about what you are willing to learn. We’re seeking passionate students who are ready to own their Early Talent career and have the courage to ask “why”.

Required Qualifications

+ Expected to graduate with a Bachelor/Master/Ph.D. degree with a strong quantitative component (Applied Math, Statistics, Economics, Physics, Financial Engineering) within a year of the internship (i.e. Fall 2026 to Spring 2027).

+ Have enough credit hours to put you at a junior level status or above at a 4-year college or university

+ Able and willing to relocate at your own expense if relocation is needed

+ Able to commit to working 40 hours a week for the 9 weeks of the internship dates of June 8, 2026 - August 7, 2026

+ Able to start full-time employment during business hours between August 2026 - September 2027

+ Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.

Preferred Qualifications

+ Strong fixed income knowledge

+ Ability to develop new models, improve efficacy of existing models and rigorously test them.

+ Solid understanding of statistical and quantitative modeling concepts and practical experience using statistical techniques to extract insights from large datasets.

+ Strong programming skills in a modern programming language (e.g., Python, C++) and familiarity with object-oriented coding principle

+ Experience with a modern software change management process.

+ Advanced experience in extracting data from relational databases (e.g., via SQL)

+ Experience in visualizing data analytics and model results.

+ Strong work ethics, high self-motivation, proactive approach, attention to detail and ability to deliver under tight deadlines.

+ Excellent communication skills, both verbally and written.

+ Strong interpersonal skills and a collaborative team-player

+ Advanced skills in Excel and PowerPoint

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What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact.

CO Salary Range: USD $41.00 - $41.00 / Hour

What’s in it for you:

At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you – both today and in the future:

401(k) with company match and Employee stock purchase plan

Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions

Paid parental leave and family building benefits

Tuition reimbursement

Health, dental, and vision insurance

Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at [email protected] or call 800-275-1281.