2025 Corporate Banking Early Career Development Program

Wells Fargo is seeking talent to join the 2025 Corporate Banking Early Career Development Program in Corporate and Investment Banking. Learn more about the career areas and lines of business at wellsfargojobs.com

Corporate Banking Overview

Corporate Banking serves our clients by using the Wells Fargo balance sheet to finance our clients’ day-to-day corporate activities as well as strategic activity, including mergers & 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 Group
• Healthcare
• Industrials
• Technology, Media & Telecom
• Sponsors Portfolio Management

WHAT THE PROGRAM OFFERS

The Corporate Banking Early Career Development Program is designed to provide undergraduate students with an in-depth understanding of the day-to-day responsibilities of a full-time Corporate Banking Analyst. 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.

Key Analysts responsibilities that 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.

In this role, you will:

• Function as part of a team focused on helping clients achieve their financial and strategic goals
• Assist Corporate Bankers with the preparation of marketing materials for Fortune 500 companies and middle-market clients
• Support the management of existing client relationships through the ongoing monitoring of industry trends, market activity, company news, financial statements, and performance
• Prepare discussion materials for internal and external presentations
• Complete periodic professional development training as scheduled
• Assist with deal closing including regulatory and compliance requirements

Ideal Candidate for this role:

• Outstanding problem solving and decision-making skills
• Strong analytical skills with high attention to detail and accuracy
• Ability to be proactive, innovative and creative in meeting customer and enterprise needs
• Ability to interact with integrity and a high level of professionalism with all levels of team members and management
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Energetic self-starter who proactively takes initiative, remains curious and has a genuine interest in learning and growth

Analysts start with a comprehensive six to seven week training program in Charlotte before beginning work with their business unit. The training combines all the Analysts from various lines of business and includes classroom instruction in financial accounting, cash flow, credit analysis, products, structuring, corporate valuation and financial modeling. Wells Fargo professionals and consultants with special expertise in their fields equip Analysts with the skills, knowledge and tools to make an immediate contribution to their team. Analysts will also receive on-the-job coaching, mentoring, and feedback throughout their tenure.

Program duration: This is a 2 year program with a program start date of June 2025.

Program Locations: Primary locations include San Francisco.

Pay Range:

• San Francisco: $100,000 Annually
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards.

REQUIRED QUALIFICATIONS:

• 6+ months of Corporate Banking Relationship Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

DESIRED QUALIFICATIONS:

Analysts must demonstrate a combination of academic aptitude, quantitative skills and personal motivation. It is strongly preferred that your background include:

• Currently pursuing a bachelor’s degree with an expected graduation date between December 2024 –June 2025.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to work effectively, as well as independently, in a collaborative, change driven environment
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills.
• Involvement in extracurricular enrichment activities through one or more of the following: volunteerism, student organization involvement, study abroad program(s), leadership position(s), non-profit involvement.
• Pursuing a bachelor’s degree. All majors are welcome.
• Demonstrated knowledge, interest and/or experience with financial markets, banking, or financial services industry.

This position may be subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

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.

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.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$87,700.00 - $155,900.00

Posting End Date:

20 Sep 2024

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.