• Job Description

  Req#: R-273234

  Business Overview | As the company's second line of defense, Corporate Risk — or Independent Risk Management — provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk.

  Program Overview | The Corporate Risk Development Summer Program is a professional development program that provides participants with a ten-week overview of Wells Fargo and a high-level understanding of the company's operations, business strategies, and corporate culture. The internship experience includes relationship building, relevant work assignments, coaching, performance feedback sessions, group projects, and informative learning sessions with key leaders. It is designed to provide master’s students with a blend of business and professional developmental training opportunities that incorporate real-world experiences and prepare you for a career at Wells Fargo. The internship program is a pipeline program where successful interns will receive an offer to return the following year for the full-time associate program.

  Program Placement Verticals:

  • Business and Enterprise function-aligned teams including:
    • Consumer & Small Business Banking Risk
    • Consumer Lending Risk
    • Corporate & Investment Banking Risk (Including Market Risk)
    • Finance Risk
  • Risk-type aligned teams including:
    • Compliance Risk
    • Corporate Model Risk
    • Credit Risk
    • Operational Risk
    • Strategic Enterprise Risk Management
  • Independent Testing & Validation

  In this role, you will:

  • Review various assignments to become familiar with policies and procedures for which answers can be quickly obtained, related to low-to-medium risk tasks and deliverables
  • Receive direction and exercise independent judgment while developing understanding of compliance and risk management requirements
  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
  • Effectively research risk problems by determining root cause, establishing priorities, and analyzing different outcomes to recommend an appropriate solution
  • Analysis of reporting and monitoring of data related to emerging risks
  • Perform analysis that maximizes profits and/or asset growth, and minimizes credit and/or operating losses and other risk exposures
  • Produce performance monitoring and benchmarks regarding growth, mix, delinquency, losses and overall profitability and performance

  Program dates for 2024: June – August

  Program Location for 2024: Charlotte, NC

  Required Qualifications:

  • 6+ months of work experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

  • Master’s degree candidate from a 2-year program with an expected graduation of December 2024 – May/June 2025

  Desired Qualifications:

  • Demonstrated interest in the fields of one of the following: IT, STEM, Statistics, Economics, Finance, Law, Accounting and/or Analytics

  • Ability to take on a prominent level of responsibility, initiative, and accountability

  • Excellent written and verbal communication skills

  • Experience using Microsoft Office suite of products

  • Knowledge and or experience in the financial services industry

  • Demonstrated interest/experience in manipulating data and reporting, data visualization, and/or data analytics

  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

  • Ability to develop partnerships and collaborate with other business and functional areas

  How to Apply:

  The Wells Fargo 2024 Corporate Risk Summer Intern Program will be accepting applications through the Wells Fargo Career website.

  • To search and apply for open positions in this program, please go to https://www.wellsfargo.com/careers/ and click on “Search Jobs.”
  • Search by Req#: R-273234 or by keywords, “Corporate Risk Summer Intern Program” and follow the instructions to complete your application.

  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 to retain their authorization to work in the United States. This program is the primary pipeline for our full-time entry level roles. All interns must be able to present current, permanent work authorization to be eligible for the program.

  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.

  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.

  We Value Diversity

  At 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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

  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.

  Drug and Alcohol Policy

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

• About the company

  Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco.

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