About this role:Wells Fargo is seeking talent to join the 2025 CIB Summer Associate Program for Investment Banking. Learn more about the career areas and lines of business at wellsfargojobs.com
Investment Banking OverviewThe Investment Banking ("IB") group, which is organized by industry or product, 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. The team maintains active relationships with a broad universe of middle market, large corporate, financial sponsor and institutional clients, and is highly experienced in delivering exceptional execution.
Investment Banking Industry Coverage TeamsProvides a full range of investment banking and advisory services to clients in the following industries:
- Consumer & Retail
- Financial Institutions Group
- Energy & Power
- Healthcare
- Industrials
- Real Estate, Gaming, Lodging and Leisure (REGAL)
- Regional Investment Banking
- Technology, Media & Telecommunications
- Financial Sponsors Group
Investment Banking Product TeamsProvides a full range of execution capabilities and services to clients in the following products:
- Leveraged Finance
- Mergers and Acquisitions
WHAT THE PROGRAM OFFERS The Summer Associate Program provides an in-depth understanding of the day-to-day responsibilities of a full-time investment banker. 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. Group placement and location are based upon business needs and are subject to change.
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
In this role, you will:- Participate in analyzing companies and client investments
- Make recommendations to clients on investments
- Identify opportunities for process improvements within Investment Banking Program
- Review and analyze market data, valuation analyses, models, and presentations that require research, evaluation, selection of alternatives, and exercise independent judgment to guide medium risk deliverables
- Present recommendations for resolving business challenges and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements
- Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
- Interact with internal and external customers
Ideal Candidate for this role:
- 3+ years of professional experience through internships, part-time, or full-time work
- Ability to take on a high level of responsibility, initiative, and accountability
- Strong analytical skills with high attention to detail and accuracy
- 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
Required Qualifications:- 2+ years of Investment Banking Program experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Required Qualifications for Europe, Middle East & Africa only:- Experience in Investment Banking Program, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:- A Masters of Business Administration (MBA) with an expected graduation date of December 2025 -June 2026
- Excellent verbal, written, and interpersonal communication skills
- 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
Program Duration: 10 weeks
Program Locations: Summer associate opportunities are available in Charlotte and New York, with limited opportunities in Houston, Chicago, and Washington, D.C.
Pay Range:NC (Charlotte): $175,000 Yearly
NY (New York City): $175,000 Yearly
TX (Houston): $175,000 Yearly
IL (Chicago): $175,000 Yearly
Washington, D.C.: $175,000 Yearly
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.
Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo. After submitting your application, please monitor your e-mail for future communications.
We Value DiversityAt 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
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Posting End Date: 16 Jan 2025
*Job posting may come down early due to volume of applicants. We Value DiversityAt 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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.