About this role:Wells Fargo is seeking a Corporate Banking Associate as part of the Industrials (IND) Corporate & Investment Banking team. Learn more about our career areas and lines of business at wellsfargojobs.com.
The Industrials Corporate Banking Associate position will be responsible for supporting the underwriting and portfolio management of a broad range of corporate and investment banking solutions to a diverse group of companies in the Industrials portfolio.
This role will also support Corporate Banking Relationship Managers who are responsible for developing and maintaining strategic relationships with a broad range of corporate clients and delivering the full platform of Wells Fargo's capabilities including Debt & Equity Capital Markets, Leveraged Finance, M&A related Acquisition Finance, Treasury Management, Macro solutions, Global Receivables & Trade and Credit. This position requires an Associate that is capable of supporting more senior Relationship Managers driving the business and developing complex relationships. The successful candidate should have a proven ability to develop internal and external relationships, and have some relevant corporate banking experience. Industrials sector experience is a plus.
In this role, you will:- Participate in structuring and executing transactions and supporting more senior staff with financial and credit analysis for assigned portfolio of loans within Corporate Banking Relationship Management functional area
- Review and interpret credit policies and procedures and incorporate requirements into credit analysis, observations and lending recommendations
- Represent the bank in developing and maintaining relationships with smaller or less complex clients
- Present recommendations for growing and maintaining a portfolio of profitable clients in assigned market through pro-active, strategic and consistent business development and client retention
- Perform or guide credit underwriting work of peers in accounting for all risk factors and providing risk rating recommendations
- Collaborate and consult with peers, internal partners and stakeholders, including clients
- Support the development and ongoing management of relationships with the most important and financially complex clients
- Initiate and maintain strategic dialogue with clients and prospects to deliver the full suite of WF products and services including, but not limited to credit, capital markets, treasury management, macro solutions, global receivables & trade, and ABF
- Manage direct client interaction, including directing and coordinating execution of transactions with key product partners
- Provide support to leadership on implementing innovative and significant business solutions
Required Qualifications:- 2+ years 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:- 2+ years of relevant work experience in portfolio management CIB Portfolio Management experience, including experience with leveraged lending
- Strong credit, accounting and technical skills
- Demonstrated excellence in working effectively as an individual and as part of a team
- Strong verbal, written, and interpersonal communication skills
- Strong analytical skills with high attention to detail and accuracy
- High level of initiative and accountability
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Ability to act with integrity, good character and exercise sound judgement
Job Expectations:- Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire.
- Registration for FINRA Series 79 must be completed within 90 days of hire date if it is not available for transfer upon hire.
- Registration for Securities Industry Essentials (SIE) exam must be completed within 90 days of hire date if it is not available for transfer upon hire.
Posting location:NC-550 S Tryon, Charlotte, NC; 30-Hudson Yards, New York
Pay Range:- Annual base salary for Associate 1: $125,000-$125,000
- Annual base salary for Associate 2: $135,000-$135,000
- Annual base salary for Associate 3: $150,000-$150,000
The position is eligible for performance bonus.
This position is not eligible for Visa sponsorship. Wells Fargo only considers candidates who are presently authorized to work for any employer in the United States and who do 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.Pay RangeReflected 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.
$111,100.00 - $237,100.00
Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Posting End Date:3 Oct 2024
* 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.
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.
