Wells Fargo

Job Category:

Securities

Location:

Charlotte, North Carolina

Country:

US

Approximate Salary:

Not Specified

Position Type:

Full Time

Phone:

415) 820-7800

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Wells Fargo Securities Investment Banking Summer Associate 2019

Wells Fargo - Charlotte, North Carolina

Posted: 11/17/2018

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 **

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.

Wells Fargo Securities (WFS) consists of nearly 5,000 team members, in 50+ offices across North America, Europe, and Asia, focused on middle-market and large corporations and global institutional investors. Our sales, trading, origination, and research teams deliver a comprehensive set of capital market products and solutions to the broader Wells Fargo customer base, ranging from distribution of public debt and equity products to hedging interest rates, commodity, and equity risks.

Program Overview

Organized by industry sector, the Investment Banking team of Wells Fargo Securities 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.

Summer Program
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.

Opportunities
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, and Los Angeles within one of the following industry or product groups.

Industry Coverage
Provides a full range of investment banking and advisory services to clients in the following industries:

  • Consumer & Retail

  • Energy and Power

  • Financial Institutions

  • Healthcare

  • Industrials

  • Technology, Media and Telecommunications

Leveraged Finance
Originates, structures, underwrites, and syndicates various debt (including high yield) and quasi-equity securities for 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.

Financial Sponsors
Originates leveraged finance, mergers/acquisitions, and equity transactions.

Mergers and Acquisitions / Advisory
Assists middle market and large corporate clients in achieving their strategic and financial objectives in partnership with industry and specialty coverage groups. Services include sell side advisory, buy side advisory, strategic financial advisory, fairness opinions, takeover defense, and private equity placements.

Regional Investment Banking Group
Provides investment banking coverage to select middle-market clients and emerging growth companies in Wells Fargo's core commercial and retail geographic footprint. The group advises middle market financial sponsors and has dedicated merger and acquisition execution capabilities.

Eastdil Secured
Eastdil Secured is the foremost provider of financial advisory services to real estate owners. Eastdil Secured combines superior capital markets expertise with a deep understanding of real estate fundamentals to execute a wide range of real estate transactions for our clients ultimately producing superior results. Eastdil Secured's Real Estate Investment Banking Practice is dedicated to understanding the unique competitive and operating environments of our public and private real estate clients. The group combines strong relationships and industry knowledge with superior capital markets and strategic advisory capabilities that includes debt and equity underwriting through its affiliate Wells Fargo Securities, mergers and acquisitions, private equity placements and loan syndications. Our team maintains active relationships with a broad universe of real estate clients, and has a strong track record of success in the public and private markets. As of May 2017, the platform is ranked #1 in commercial real estate lending, preferred equity, M&A and high-grade debt as well as #2 in REIT public equity and loan syndication.

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 an eight 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, cash flow, credit analysis, financial modeling, valuation as well as preparation for the Series 79 and 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.

Responsibilities
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

© 2018 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.

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 Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Institutional Securities, LLC, a member of FINRA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC carries and provides clearing services for Wells Fargo Institutional Securities, LLC, customer accounts.

Required Qualifications

  • 2+ years of professional work experience
Desired Qualifications

  • 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 2020) 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
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.

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