U.S. Bank’s Global Network Management (GNM) team provides centralized governance and oversight of the bank’s global sub‑custodian, cash correspondent, digital asset (crypto), and depositary networks, supporting U.S. Bank’s global custody, fund services, and securities servicing platform. Operating within Wealth, Corporate, Commercial and Institutional Banking (WCIB), the GNM team is responsible for network strategy, market access, due diligence, risk oversight, and ongoing performance management across domestic and international markets.
Through close partnership with operations, risk, compliance, legal, tax, and product teams, Global Network Management helps ensure safe, resilient, and compliant market access, consistent service standards, and robust asset‑protection controls across traditional securities, cash, and digital asset ecosystems.
Our 12-week paid summer internship program is one of the ways we help early talent thrive at Elavon U.S. Bank. Throughout the summer, you'll have the chance to explore different career pathways, contribute meaningfully to projects across the company and build lasting relationships with teammates, peers and leaders.
Key Responsibilities
Market & Industry Research: Research global custody, sub‑custodian banks, cash correspondent networks, and market infrastructure. Summarize key market developments, risks, and trends for the team.
Regulatory & Market Practice Monitoring: Track regulatory and market practice changes impacting custody and cash networks (e.g., EU and global regulations) and support the preparation of concise impact summaries.
Data & Reporting Support: Collect and organize data related to sub‑custodian oversight, due diligence, and network performance. Assist with management reports, dashboards, and presentations.
Sub‑Custodian Oversight Support: Assist network managers with due diligence activities, documentation tracking, meeting notes, and follow‑up actions as part of ongoing third‑party risk oversight.
Project & Managerial Support: Support global network managers with day‑to‑day tasks and ad‑hoc projects related to network governance, market coverage, and process improvements.
Stakeholder Coordination: Help coordinate communication with internal partners (Operations, Risk, Compliance, Legal) and support preparation of materials for external network partners.
Being fully immersed in our business will kick‑start your career journey as you learn more about yourself, our culture and the work we do. Our employees come from all kinds of personal and professional backgrounds and each person's career path is a unique journey.
Internship Benefits
Impactful, hands‑on experiences that keep you engaged and motivated all summer
Supportive community of peers
Social and volunteer engagements that build meaningful connections
Professional development, leadership exposure and mentoring
Pathway to full‑time offer through our development programs
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.
Core Behaviours
Collaboration – Build partnerships and promote a culture of teamwork.
Customer Centricity – Build strong customer relationships and deliver customer‑centric solutions.
Drive for Results – Hold self and others accountable to consistently achieve meaningful results.
Ethics & Trust – Maintain high ethical standards; gain the confidence and trust of others through honesty, integrity and authenticity.
Inclusion – Build a culture of equity and inclusion in which diverse ideas, talent and perspectives are welcomed and encouraged.
Risk – Appropriately identify and manage risks, in compliance with applicable laws, rules and regulations, and with Company Policy.
Qualifications
Education: Currently enrolled in an undergraduate program, preferably in Finance, Economics, or a related field.
Analytical Skills: Strong analytical and problem‑solving skills with the ability to interpret complex data.
Communication Skills: Excellent written and verbal communication skills.
Attention to Detail: High level of accuracy and attention to detail in all tasks.
Proficiency in MS Office: Familiarity with Microsoft Office Suite, especially Excel and PowerPoint.
Interest in Finance: A genuine interest in pursuing a career in finance, banking, specifically in custody network management.
Preferred Qualifications
Solid understanding of financial and technology
Strong in Excel and PowerPoint
Location
Cherrywood. The role offers a hybrid/flexible schedule, which means there's an in‑office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
Contract Type
12 week Fixed term Contract
This position is not eligible for visa sponsorship.
Accessibility
We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support.
Total Rewards
U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.
We offer a market‑competitive compensation package that includes:
Clearly defined salary ranges aligned with industry benchmarks and internal equity standards.
Performance‑based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognize both individual and company performance.
Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness.
Continuous development opportunities including training, education support, and career progression pathways based on inclusive and transparent criteria.
Employee recognition programs that celebrate achievements and milestones for all.
Closing Date
Posting may be closed earlier due to high volume of applicants.
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