Wells Fargo Corporate & Investment Banking (“CIB”)
2021 Summer Associate Program for Investment Banking
**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 **
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 13th Best Company for Diversity and the Top Company for LGBT employees by DiversityInc., and on our perfect score of 100 on the Corporate Equality Index by the Human Rights Campaign.
Wells Fargo’s Corporate & Investment Bank is a diverse and accomplished team of relationship managers and capital markets and service specialists who work together and across Wells Fargo to share industry and product expertise, offer guidance, and develop unique, innovative ideas centered on the specific needs and goals of each customer. Together, we deliver a comprehensive set of financial services to our corporate and institutional customers based on a clear focus and understanding of the client’s overall financial needs and objectives, and with consideration and respect for their total relationship with Wells Fargo.
Organized by industry sector, the Investment Banking team within Corporate & Investment Banking is dedicated to understanding the unique competitive and operating environments of our clients. The group combines strong relationships and industry knowledge with superior capital markets and advisory capabilities that includes debt and equity underwriting, mergers and acquisitions, and loan syndications. Our team maintains active relationships with a broad universe of middle market, large corporate and institutional clients, and is highly experienced in delivering exceptional execution.
The Summer Associate Program provides an in-depth understanding of the day-to-day responsibilities of a full-time investment banker. The duration of the summer program is approximately ten weeks. Summer associates receive a comprehensive professional and educational experience through on-the-job learning and practice by joining a business group and working alongside team members who are experts in their fields. In addition, the program offers organized activities that allow participants to receive analytical training, meet senior executives, network with other summer associates across business lines, and form lasting friendships.
The Summer Associate Program is non-rotational and provides the opportunity to gain exposure and experience working for one of the most well regarded financial institutions in the world; learn about our business and the many careers and professional development opportunities; expand personal and professional networks; incorporate knowledge gained in school while learning new skills and interview for future career opportunities at Wells Fargo. Summer associate opportunities are available in Charlotte, New York, San Francisco, with limited opportunities in Houston, Los Angeles and Washington, D.C. within one of the following industry or product groups. Group placement and location are based upon business needs and are subject to change.
Provides a full range of investment banking and advisory services to clients in the following industries:
- Consumer & Retail
- Energy & Power
- Financial Institutions
- Real Estate, Gaming, Lodging and Leisure (REGAL)
- Technology, Media & Telecommunications
Originates, structures, underwrites, and syndicates various debt (including high yield) to corporate and financial sponsor clients. Provides financing solutions tailored to corporate and financial sponsor clients to support acquisition financing, growth financing, recapitalizations and/or refinancing transactions.
Mergers and Acquisitions
Works in partnership with industry and specialty coverage groups to assist domestic and multinational corporate clients, both public and private, in achieving their strategic and financial objectives. Various aspects of the advisory process include acquisitions, corporate defense assignments, divestitures, exchange offers, joint ventures, leveraged buyouts, mergers, restructurings and spin-offs.
Middle Market IB
Provides investment banking coverage across multiple industries to middle-market clients (public and private companies with approximately $200m to $2Bn in revenue). Middle Market IB provides a broad mix of coverage and execution opportunities, including private company sellside execution and debt and equity capital markets experience.
Full-time Associate Opportunities
Based on outstanding performance, summer associates may receive an offer to join the Investment Banking Associate Program upon receiving an MBA. Prior to joining a business unit on a full-time basis, associates participate in a seven week, comprehensive training program in Charlotte. The training brings together all the associates from various lines of business and includes classroom instruction in financial accounting, credit analysis, products, structuring, corporate valuation and financial modeling, as well as preparation for the Securities Industry Essential (SIE), the Series 79 Top Off and the Series 63 license exams Wells Fargo professionals and consultants with special expertise in their fields equip associates with the skills, knowledge and tools to make an immediate contribution to their team. Associates will also receive on-the-job coaching, mentoring, and feedback throughout their tenure.
As active team members in a focused industry or product group, associates help orchestrate capital raising and strategic advisory transactions. Associates assume significant responsibility that may include:
- Developing and maintaining models to depict projected financial results and to value companies
- Supporting various financial analyses, including valuations and merger consequences
- Performing comprehensive and in-depth company and industry research
- Preparing presentations and other materials for clients
- Conducting research, participating in strategic planning and assisting in the execution of advisory services
- Participating in client meetings, due diligence visits, and other client interactions to gain exposure to key executives and senior bankers
- Developing and mentoring junior talent
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.
Wells Fargo Corporate & Investment Banking and Wells Fargo Securities are the trade names used for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a 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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- 2+ years of professional work experience demonstrated through work or military experience
- Highly refined and professional verbal and written communications
- Strong analytical and quantitative skills
- Strong organizational, multi-tasking, and prioritizing skills
Other Desired Qualifications
- A first year MBA student (anticipated graduation date May-June 2022) working to obtain a master’s degree in business administration with coursework in financial accounting and corporate finance
- Professional experience through internships, part-time or full-time work, and/or extra-curricular activities
- An individual who demonstrates a sense of personal accountability and urgency for achieving results
- Demonstrated excellence in working effectively as an individual and as part of a team
- Strong personal motivation, attention to detail and creative mindset
- Dedication to building a career in the financial services industry
- Willingness to work long hours in a demanding, highly focused, collaborative, and team environment