About this role: Wells Fargo is seeking talent to join the 2024 Commercial Banking Analyst Program. Learn more about the career areas and lines of business at wellsfargojobs.com.

Program Overview:

The Commercial Banking Analyst Program is a multi-faceted early talent program that incorporates formal training, feedback and coaching from mentors, managers, and peers, and on-the-job experiences to develop you for a future career within Commercial Banking. Throughout the program, you will build analytical, interpersonal, and leaderships skills, including credit underwriting, relationship management, and risk identification and mitigation. Analysts also participate in career and professional development activities and network with employees at all levels throughout Wells Fargo.

Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $10 million. Several of our main business lines are Client Coverage, Credit Solutions and Global Treasury Management. We are hiring for the two businesses below:

Client Coverage: Services private and public companies with annual sales of $25 million to $2 billion and provides specialized expertise across industry sectors.

Credit Solutions: A market leader in providing working capital, sales financing, investment capital, trust services, strategic capital, global receivables and trade finance, and renewables project finance.

Learn more about the career areas and lines of business at wellsfargojobs.com.

In the Commercial Banking analyst role you will:

• Partner with relationship managers and credit underwriters to structure multi-million dollar transactions.
• Analyze companies’ financial, operational, and management strengths and weaknesses to identify potential capital, balance sheet, and reputation risks.
• Conduct in-depth industry research to identify key drivers, challenges, and trends that are most relevant.
• Assemble a variety of financial schedules including projections in support of recommended credit actions and decisioning models as a tool for processing small customer credit requests.
• Prepare comprehensive company annual financial reviews as well as underwriting memorandums focusing on a company’s leverage, key risk factors, sources of repayment, cash flow, and ability to service debt.
• Monitor and evaluate customer financial and operational performance and how each may impact overall risk management and assessment.
• Review loan agreements and other legal documents related to credit exposures.
• Participate in client meetings, due diligence visits, and other client interactions to gain exposure to key executives and senior bankers.
• Engage in creative thinking and idea generation to prepare discussion materials that focus on issues impacting the company and prepare relationship managers for customer or prospect dialogue.
• Assess and understand client needs to effectively identify other Wells Fargo products and services that can help clients achieve their goals.

Support for your success

We focus on your training and professional development, so you will be prepared to take your next career step once you complete the program.

• On-the-job experience: Working as part of a high-performing team in your business group is how you will gain in-depth experience as an analyst. You will begin to build your analytical skills and understanding of credit by actively participating in your team’s day-to-day activities.

• Formal training: Individual and group training will foster a deeper understanding of your business and you will become familiar with financial, technical, and operational tools and processes designed to help you improve your credit underwriting/problem-solving skills. Professional development opportunities are embedded to develop communication and leadership skills while you sharpen strengths.

Client Coverage analysts can also expect the following:

• Development Hub Stage

You will begin your program in our Development Hub located in Charlotte, NC. During this six-month stage, you will participate in numerous learning activities and develop your credit underwriting skills through on-the-job credit report preparation, case studies, and deal presentations. In addition, you will be introduced to aspects of relationship management and business development, hear from senior leaders and product partner experts, and participate in community service and team building events. Upon successful completion of the Development Hub, you will transfer to a centralized or in-market Commercial Banking office.

• Commercial Banking Office Stage

Upon your successful completion of the Development Hub and transition to your Commercial Banking office, you will work alongside experienced employees to further deepen your knowledge and develop your analytical, underwriting, and relationship management skills by actively contributing in your team’s day-to-day customer and prospect management activities.

Post program

The Commercial Banking Analyst Programs are designed to assist participants to in a long-term career at Wells Fargo. After successfully completing the program, analysts will be prepared for a multitude of roles, including Relationship Manager, Business Development Officer, Portfolio Manager, Loan Syndication Analyst, Business Execution Consultant, Commercial Banking Syndication Associate, Secured Lending Relationship Associate, Specialty Industry Lending Relationship Associate, or others.

Ideal candidates for this role must have the following:

• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Solid problem solving and decision-making skills
• Strong analytical skills with high attention to detail and accuracy
• Energetic self-starter who proactively takes initiative, remains curious and has a genuine interest in learning and growth
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

Required Qualifications, US:

• 6+ months of Commercial Banking Portfolio Management - Program experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Must be currently pursuing a bachelor's degree with an expected graduation date in December 2023
• Excellent verbal, written, and interpersonal communication skills
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
• Ability to work effectively, as well as independently, in a collaborative, change driven environment
• 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 Locations:

Atlanta, GA; Austin, TX; Boston, MA; Carlsbad, CA; Charlotte, NC; Chicago, IL; Dallas, TX; Denver, CO; Houston, TX; Los Angeles, CA; Minneapolis, MN; New York, NY; Philadelphia, PA; Phoenix, AZ; San Francisco, CA

Pay Range:

• Atlanta, GA: $32.21 Hourly
• Austin, TX: $32.21 Hourly
• Boston, MA: $37.02 Hourly
• Carlsbad, CA: $34.62 Hourly
• Charlotte, NC: $32.21 Hourly
• Chicago, IL: $34.62 Hourly
• Dallas, TX: $32.21 Hourly
• Denver, CO: $32.21 Hourly
• Houston, TX $32.21 Hourly
• Los Angeles, CA: $34.62 Hourly
• Minneapolis, MN: $32.21 Hourly
• New York, NY: $37.02 Hourly
• Philadelphia, PA: $34.62 Hourly
• Phoenix, AZ: $32.21 Hourly
• San Francisco, CA: $37.02 Hourly

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 .

May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.