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Wells Fargo Corporate Banking Summer Analyst Program 2020

Wells Fargo

Wells Fargo

Wells Fargo Corporate Banking Summer Analyst Program 2020

Boston, MA +9 locations
Internship
Paid
  • Responsibilities

    JOB DESCRIPTION

    **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 **

    WELLS FARGO CORPORATE BANKING SUMMER ANALYST PROGRAM 2020

    At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

    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 14th Best Company for Diversity and the Top Company for LGBT employees by Diversity Inc., and on our perfect score of 100 on the Corporate Equality Index by the Human Rights Campaign.

    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 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 the 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 and Advisory teams to deliver Corporate and Investment Banking solutions to our clients.  The CIB Coverage Industry verticals include:

    • Consumer & Retail
    • Energy & Power
    • Financial Institutions
    • Healthcare
    • Industrials
    • 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 you will participate in a Summer Analyst placement process where you will have the opportunity to meet representatives from all Corporate Banking coverage teams and be placed in one of our CIB Industry teams based in 1 of 8 major U.S. metropolitan areas. Summer placements are based on candidate interest and fit as well as group needs.

    Individuals who successfully complete the Corporate Banking Summer Analyst Program are considered for a full time Corporate Banking Analyst position.

    TRAINING

    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.

    RESPONSIBILITIES

    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.

    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 NOT SPONSOR VISAS FOR THESE POSITIONS, AND WILL NOT HIRE INDIVIDUALS WHOSE WORK ELIGIBILITY IS BASED ON THEIR F-1 OR OTHER STUDENT VISA STATUS. CANDIDATES MUST BE AUTHORIZED TO WORK IN THE UNITED STATES ON A PERMANENT BASIS. _

    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.

    ©2019 Wells Fargo Bank, N.A. All rights reserved. For public use.

  • Qualifications

    DESIRED QUALIFICATIONS

    • Excellent verbal, written, and interpersonal communication skills
    • Intermediate Microsoft Office skills
    • Strong analytical skills with high attention to detail and accuracy

    OTHER DESIRED QUALIFICATIONS

    • An individual who demonstrates a sense of personal accountability and urgency for achieving results
    • Strong organizational, multi-tasking, and prioritizing skills
    • Ability to take on a high level of responsibility, initiative, and accountability
    • Bachelor’s degree with an expected graduation date in December 2020 or May/June 2021

    DISCLAIMER

    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. 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.

  • Industry
    Financial Services
  • Locations
    San Francisco, CA • Denver, CO • Chicago, IL • Boston, MA • Minneapolis, MN • Charlotte, NC • New York, NY • Philadelphia, PA • Dallas, TX • Houston, TX
  • About Us

    Wells Fargo’s historical bank has been serving communities since 1852—with customers in one in three households nationwide and 8,700 locations across 33 countries. Wells Fargo—“Most Admired” among the world’s largest banks by Fortune magazine—offers an extensive portfolio of banking, mortgage, insurance, investment, consumer, and commercial expertise for every financial need. The Vision, Values & Goals of Wells Fargo details the enduring principles that guide all Wells Fargo team members in the work they do every day — in serving customers and helping each other.