2019 Wells Fargo Financial Analyst Program - Middle Market Banking

2019 Wells Fargo Financial Analyst Program - Middle Market Banking 

Thank you for your interest in the Financial Analyst Program. Please know that in order to be considered for a position you must also apply via our company career website. In order to facilitate this, you must first have an active job seeker profile on www.wellsfargo.com/careers. Please follow the steps below to create your profile no later than February 11, 2019 by 11:59PM PST.

*If you already have a profile or have applied to a Wells Fargo job previously, no action is necessary at this time. If your contact information has changed since you last logged in, please log in and update accordingly*

New Users:

- Visit www.wellsfargo.com/careers 

- Click on “Search Jobs”

- Click on “New User” 

- You will be prompted to create an account. Please complete all fields and select “Register”

- Click on “View All Jobs”

- Click on “Submit/Update Profile”

- Complete profile and submit. You should receive an automated email from Wells Fargo confirming profile completion.

At Wells Fargo, we want to satisfy all our customer’s financial needs and help them succeed financially. We’re looking for motivated and talented people who will put the customer at the center of everything we do. Join our diverse and inclusive team where you’ll feel challenged, 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. 

OVERVIEW 

The Financial Analyst Program is a-multi-faceted early talent program that incorporates two avenues to develop you for your future career in Middle Market Banking. 

· The first is a centralized enterprise program that provides three extensive training sessions and coaching to build your analytical and interpersonal skills. 

· The second is a line of business-specific program offered by the Middle Market Banking team in two-stages. The Middle Market Banking program’s focus is on credit underwriting skills, as well as, career development and enrichment activities. Our goal is to provide you the knowledge and skills to successfully develop and manage our client relationships. 

Middle Market Banking is Wells Fargo’s largest relationship business, with more than 120 Regional Commercial Banking Offices (RCBOs) nationwide. We enjoy the largest market share of middle-market relationships among our national competitors.

Our clients are typically mid-sized companies that have annual revenues from $20 million up to $1 billion. We serve companies from virtually every industry, including manufacturers, retailers, distributors, importers and service companies. We also have specialized teams with expertise in the beverage, food and agribusiness, technology, media, telecom, and waste and recycling industries as well as in heavy equipment dealers, ESOPs and investor real estate.

Your Role as a Middle Market Banking Financial Analyst

§ Analyze the strengths and weaknesses of a company’s business and management team 

§ Conduct in-depth industry research to identify key drivers, challenges, and trends that are most relevant 

§ Monitor and evaluate client financial and operational performance and how each may impact overall risk management and assessment 

§ Partner with relationship managers to structure multi-million dollar credit transactions

§ Prepare credit underwriting memorandums, including recommendations, key risk factors, sources of repayment, cash flow modeling, leverage profile assessment and ability to service debt 

§ Review legal documentation that outlines the terms and conditions of approved loans

§ Assess and understand client needs to effectively identify other Wells Fargo products and services that can help clients achieve their goals 

§ Engage in creative thinking and idea generation to prepare discussion materials that focus on issues impacting the company and prepare relationship mangers for client or prospect dialogue 

§ Participate in client meetings, due diligence visits and other client interactions to gain exposure to company management teams and their interactions with senior bankers

Middle Market Banking Financial Analyst Program

First Stage

You will begin your program in our Middle Market Development Hub located in Charlotte, NC. During this six-month stage, you will participate in numerous credit learning activities and develop your credit underwriting skills through on-the-job credit report preparation. You will also engage in various career development and enrichment activities, such as volunteer events, conversations with senior leaders, discussions with product partners and team building events. Upon successful completion of this six-month stage, you will transition to an RCBO or specialized team. 

Offers can be for a specific RCBO, specialized team, metropolitan area, or region of the country. The location of the RCBO, in the case of a metropolitan or regional offer, will be determined prior to completion of the six-months in the Development Hub. 

Second Stage

Upon your transition to an RCBO or specialized team, you will work alongside experienced middle market bankers to further deepen your knowledge and develop your analytical, underwriting, sales and relationship management skills by actively participating in your team’s day-to-day client and prospecting activities. 

YOUR NEXT STEP 

Financial analysts who successfully complete the program are on their way to a long-term career. The program is ideal for preparing you for the following paths: 

§ Relationship Manager: Manage client relationships by working with a company’s business principals to understand their short and long-term needs and to structure the financing and banking products that help them achieve their goals. 

§ Portfolio Manager: Support the underwriting and management of a loan portfolio for an office.

PROGRAM QUALIFICATIONS 

Required Qualifications

6 months of experience in one or a combination of the following: financial analysis, credit analysis, statistical spreading; or BS/BA degree of higher granted prior to hire date.

Desired Qualifications

· Intermediate Microsoft Office skills

· Strong analytical skills with high attention to detail and accuracy

· Excellent verbal, written, and interpersonal communication skills

· High level of initiative and accountability

· Effective organizational, multi-tasking, and prioritization skills

· Ability to work in a fast-paced, deadline driven environment

· Solid problem solving and decision making skills

· Proven leadership, self-motivation and success through internships, part-time or full-time work, and/or extracurricular activities

· Bachelor's Degree with an expected graduation date in December 2018 or May/June 2019

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.

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 is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/ Gender Identity/Sexual Orientation.