Intern - Data Science

Welcome to PeoplesBank! We are the largest mutually chartered bank in Western Mass and Northern Connecticut, we are proud to lead the way in green values, sustainable energy financing, and charitable giving. Our commitment to operating in the best interest of our customers is matched by our dedication to fostering an inclusive and engaging work environment. We offer excellent compensation, workplace flexibility, and a competitive benefits package to our associates. Our award-winning culture has earned us recognition as the Best Place to Work and Best Local Bank. Join our team of dedicated and innovative individuals and be a part of our dynamic, successful organization. Let's make a difference together!

We are seeking a Data Science Summer Intern to support analytics initiatives within our Digital Marketing and Analytics team. This role is ideal for master’s students with strong foundational skills in data modeling, data mining and AI‑driven analytics, and an interest in applying those skills to challenges such as credit risk assessment, fraud detection, customer segmentation, operational efficiency and other bank-related needs.

Our Summer Internship Program offers a full-time, 10-week experience (June–August) designed to build real-world skills and industry insight, where you will gain hands-on exposure to the banking world, develop leadership and workplace competencies, and learn how a mutual bank like PeoplesBank puts people first.

Key Responsibilities

• Build, test, and validate data models used for banking use cases such as credit risk scoring, deposit forecasting, fraud detection and operational performance analytics.
• Conduct data mining on transactional, behavioral and demographic datasets to identify patterns that support business strategy.
• Support the development and integration of AI‑driven analytics tools, such as predictive engines, anomaly‑detection capabilities and automated insight generation.
• Work with data engineers to ensure data accuracy, consistency and compliance with banking data governance standards.
• Perform exploratory data analysis (EDA) on financial datasets to uncover insights related to customer behavior, risk exposure and market trends.
• Create dashboards and reports for stakeholders using tools like Power BI or Tableau.
• Document methodologies, models, and processes to comply with internal audit and regulatory review requirements.
• Participate in cross‑functional meetings to translate business needs into technical data science approaches.

Required Qualifications

• Must be a 3^rd year undergrad or graduate student pursuing a degree in Data Science, Business Analytics, Statistics, Computer Science, Mathematics, Finance or a related field.
• Understanding of statistical modeling techniques applicable to banking, such as logistic regression, clustering, decision trees and time‑series forecasting.
• Experience with data mining and proficiency in SQL and Python (Pandas, NumPy scikit‑learn).
• Familiarity with AI/ML tools and the ability to integrate datasets into analytics platforms (Azure ML, Databricks, Sagemaker or similar).
• Solid communication skills with the ability to present insights to business partners.
• Strong analytical and problem‑solving skills with an emphasis on accuracy and compliance.

Internship Learning Objectives & Expectations: 

• Company Insight: Build a strong foundation in the products, operations, and systems unique to each department, gaining practical knowledge through hands-on experience.
• Banking Fundamentals: Develop a working understanding of the banking industry, with a special focus on PeoplesBank’s mission, values, and business model.
• Professional Development: Strengthen workplace and leadership skills through PeoplesBank Academy and a variety of internal and external learning opportunities.
• Compliance & Standards: Complete all required compliance training and testing, while adhering to federal, state, and bank regulations, policies, and service standards.
• Departmental Engagement: Host Department Advisors will set clear expectations at the start of your internship, including:
  • Learning daily department operations
  • Navigating department systems and data
  • Understanding current initiatives and contributing to relevant projects

Work Environment and Physical Demands: 

The working conditions and physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the associate is regularly required to sit, use hands to sort, write and keyboard, and to listen and speak. The associate is frequently required to reach, walk, stoop, crouch. The associate is occasionally required to stand, lift, bend, drive and travel.