**The application will be open July 5th through July 16th on the Wells Fargo career site. Please apply directly on our website by following the provided link**
**Due to a high volume of inquiries and multiple hiring managers for these roles, please do not contact the hiring manager listed. Any inquiries sent to the hiring manager listed will not receive a response **
2022 Wells Fargo Corporate Banking Summer Analyst Program
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
When you start your career with Wells Fargo Corporate & Investment Banking, you’re joining a team that is committed to your development now and over time. We are also deeply committed to the communities we serve, and to creating an environment where each team member’s unique skills, experience, and backgrounds are embraced. We pride ourselves on being ranked the 11th Best Company for Diversity and the Top Company for LGBT employees by Diversity Inc. We are also ranked the #1 Company for People with Disabilities by the National Organization on Disability and the #2 Company for Philanthropy by Diversity Inc.
Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.
Corporate Banking Overview
The Wells Fargo Corporate and Investment Banking Group (CIB) serves large corporate and institutional clients that span a broad range of businesses across the investment grade, non-investment grade, public, and private spaces, both domestically and internationally. Wells Fargo banks nearly 3 out of 4 Fortune 500 companies and through CIB, our Corporate Bankers serve our clients by using the Wells Fargo balance sheet for financing our clients’ day-to-day corporate activities as well as strategic activity, including mergers and acquisitions. Corporate Bankers cover both large corporate and middle market clients through the CIB platform and are also responsible for generating ideas and solutions across Wells Fargo’s suite of products and services. Our Corporate Bankers meet regularly with Wells Fargo clients regarding Debt Financing and Treasury Management strategies among other banking products that Corporate Treasurers look to us to provide. Additionally, CIB Corporate Bankers partner with CIB Investment Bankers to evaluate potential acquisition targets, perform debt financing analysis, and ultimately provide or help source any debt financing needs.
Our CIB Coverage Teams are organized by industry vertical to provide the appropriate level of specialization and partner with our CIB Capital Markets, Corporate Finance and M&A teams to deliver Corporate and Investment Banking solutions to our clients. The CIB Coverage Industry verticals include:
- Consumer & Retail
- Energy & Power
- Financial Institutions
- Technology, Media & Telecom
Corporate Banking Summer Analyst Program Overview
Summer Analysts will work with Corporate Banking team members to support its financing and relationship management efforts. Analysts assist with end-to-end financing activities as well as ongoing relationship and portfolio management activities. Additionally, Analysts assist Corporate Bankers with the preparation of client marketing materials for CFOs and Treasurers of large Fortune 500 companies and middle-market clients.
Additional Program Details
The Corporate Banking Summer Analyst Program is a non-rotational program lasting approximately 10 weeks. Summer Analyst offers are extended on a platform basis to the overall Program. Following the acceptance of a platform offer, candidates will be placed in one of our CIB Industry teams based in 1 of 8 major U.S. metropolitan areas. Summer placement decisions are based on candidate interest and fit as well as group and location headcount needs. Throughout the recruitment process, candidates will have the opportunity to meet with Corporate Banking team members across our coverage verticals and offices to learn about our platform and culture.
Individuals who successfully complete the Corporate Banking Summer Analyst Program are considered for a full time Corporate Banking Analyst position.
The Corporate Banking Summer Analyst Program is designed to provide undergraduate students an in-depth understanding of the day-to-day responsibilities of a full-time team member. Prior to starting in an office, Summer Analysts participate in a four-day training program in Charlotte where they will receive analytical training, meet senior executives, and network with other participants across business lines. Summer Analysts also receive a comprehensive professional and educational experience through on-the-job training by joining a business group and working alongside team members who are experts in their fields.
Key Analysts responsibilities that Summer Analysts may participate in include:
- Performing company and industry research;
- Preparing historical financial performance analysis and modeling future financial performance to identify key credit risks;
- Preparing client marketing materials utilizing Excel and PowerPoint presentation skills;
- Assisting in the preparation of credit underwriting materials and presentations for Wells Fargo’s Risk Committee approval;
- Assisting with deal closings;
- Support the management of existing client relationships through the ongoing monitoring of industry events, company press releases, and financial statements and preparing memorandums to update management on the latest client information as needed.
Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
- An individual who demonstrates a sense of personal accountability and urgency for achieving results
- Strong analytical skills and high attention to detail and accuracy
- Excellent verbal, written, and interpersonal communication skills
- Strong organizational, multi-tasking, and prioritizing skills
- Ability to take on a high level of responsibility and demonstrate necessary initiative
- Acts with integrity, character and sound judgement
- Intermediate Microsoft Office Skills
- Bachelor’s degree with an expected graduation date in December 2022 or May/June 2023
Full-time Analyst Opportunities
Based on outstanding performance, Summer Analysts may receive an offer to join a business within Corporate & Investment Banking upon receiving their college degree. Prior to starting in an office, Analysts participate in a comprehensive training program in Charlotte. The training brings together all the Analysts from various lines of business and includes classroom instruction in financial accounting, cash flow, credit analysis, financial modeling, valuation, and market fundamentals.
For more information on Corporate & Investment Banking and our Analyst programs, please visit https://www.wellsfargojobs.com/university-programs.
Wells Fargo will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from Wells Fargo now or in the future in order to retain their authorization to work in the United States.
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation
Wells Fargo Corporate & Investment Banking is the trade name for the corporate banking, capital markets and investment banking services of Wells Fargo & Co. and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC, are distinct entities from affiliated banks and thrifts.
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