2024 Wells Fargo Sophomore Discovery Fellowship Program

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wells Fargo is seeking talent to join the 2024 Sophomore Discovery Fellowship Program in Commercial Banking, Corporate and Investment Banking, Internal Audit, and Technology. Learn more about the career areas and line of business at wellsfargojobs.com.

WHAT THE PROGRAM OFFERS:

The Sophomore Discovery Fellowship Program is designed to provide students who have completed their sophomore year of college with an in-depth understanding of the day-to-day responsibilities of full-time employees across a variety of roles within Wells Fargo. Participants receive comprehensive professional and educational experience through networking, job shadowing, and other engagement opportunities paired with project-based work. In addition, the experience offers organized activities that afford participants engagement in intentional programming, exposure to various business and key financial functions, exploration, and networking events with other participants across business lines.

This is a paid, 6-week experience with corporate housing provided for the program's duration.

Fellows will participate in a series of structured program engagements, which will include:

• Opportunity to job shadow and experience on-the-job training

• Robust week-one of induction to include technical and soft skills training
• Rotational program structure to provide exposure to multiple teams within one of these lines of businesses: Commercial Banking, Corporate and Investment Banking, Internal Audit, or Technology
• Networking with current members of the early talent programs and learning about the day-to-day roles and responsibilities
• Executive Speaker Series, lunch and learns, and cross business networking events
• Interaction with summer cohort on projects and presentations
• Formal evaluations at the end of each rotation
• Opportunity for 2-summer offer into other Early Career pipelines (Sophomore Discovery Fellowship Program and Junior Year internship)

ABOUT OUR BUSINESSES:

Commercial Banking: provides financial solutions to businesses with annual revenue generally over $10 million. Our business lines are Wells Fargo Credit Solutions, Client Coverage, and Global Treasury Management. Commercial Banking is also comprised of operations, data, strategy, and control teams.

• Credit Solutions is a market-leading provider of working capital, investment capital, and sales financing solutions that help clients optimize liquidity and obtain flexibility to grow their business through their lifecycle. Financial lending solutions offered by our core businesses include asset-based lending, global receivables and trade finance, distribution finance, and equipment finance. In addition, Commercial Capital has cross-border capabilities, with offices in the U.K. and Canada, to support clients' international operations and financing needs.
• Client Coverage provides a comprehensive suite of products and services to serve the diverse needs of clients with annual revenue generally between $10 million and $2 billion. With offices across the United States and in Canada, Middle Market banking delivers local coverage and specialized industry expertise to companies in a wide variety of industries and subsectors, as well as government and institutional clients and real estate investors. The Middle Market Banking relationship, credit, and client service teams are responsible for delivering solutions ranging from lending and treasury management to investment banking and hedging alternatives to help long-term clients and prospective clients achieve their growth goals.
• Global Treasury Management provides cash management services and digital channel capabilities for customers of Commercial Banking and Corporate & Investment Banking. Also, serves some Consumer and Small Business Banking and Wealth and Investment Management customers, and Auto Dealer Finance partner relationships in Consumer Lending.

Corporate and Investment Banking (CIB): delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe. The sophomore experience will focus on the following:

• Banking is responsible for the origination and execution of all corporate and investment banking products and services, including credit, treasury management, deposits, capital raising, advisory services, and rates/foreign exchange activities. Banking is organized by industry or product and is dedicated to understanding the unique competitive and operating environments of our clients across a broad universe of middle market, large corporate, financial sponsor and institutional clients, and multiple groups.
• Markets (“Sales & Trading”) delivers a comprehensive set of capital market products and solutions to the broader Wells Fargo customer base, ranging from distribution of public debt and equity products to hedging interest rates, commodity and equity risks and includes multiple groups.
• Commercial Real Estate delivers a comprehensive suite of capital markets, banking, and financial products and services. Commercial Real Estate provides financing services to experienced real estate owners, developers, investors, and real estate investment trusts (REITs), through all stages of their growth and development and includes multiple groups.

Internal Audit: acts as an independent assurance function that evaluates the effectiveness of risk management, control, and governance processes. Internal Audit is organized into 10 audit teams that align to all the operations of Wells Fargo – for example consumer lending, enterprise functions, technology, and wealth and investment management. It is supported by 2 administrative teams that focus on management and board reporting, audit methodology, and employee training among other things. The sophomore discovery experience will allow participants to learn about various parts of the company through a behind-the-scenes lens of risk and control evaluation.

Technology – Software Engineer/Data Engineer: sets IT strategy; enhances the design, development, and operations of our systems; optimizes the Wells Fargo infrastructure; provides information security; and enables Wells Fargo global customers to have 24 hours a day, 7 days a week banking access through in-branch, online, ATMs, and other channels. Our mission is to deliver stable, secure, scalable, and innovative services at speeds that delight and satisfy our customers and unleash the skills potential of our employees.

Program Duration: 6 weeks: June 24th, 2024 – August 2nd, 2024

Program Locations:

• Commercial Banking: Opportunities are available in Charlotte, North Carolina only.
• Corporate and Investment Banking: Opportunities are available in Charlotte, North Carolina only.
• Internal Audit: Opportunities are available in Charlotte, North Carolina only.
• Technology: Opportunities are available in Charlotte, North Carolina only.

Pay Range:

• Charlotte: $25 Hourly

This program is only available in Charlotte, NC for summer 2024, however if you return in one of our internship programs in summer 2025, you may have opportunity to sit in other Wells Fargo core market locations.

REQUIRED QUALIFICATIONS:

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

DESIRED QUALIFICATIONS:

Fellows must demonstrate a combination of academic aptitude, quantitative skills, and personal motivation. It is preferred that your background includes:

• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Ability to work effectively, as well as independently, in a team environment
• Ability to work in a fast-paced deadline driven environment
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Demonstrated interest in finance and the financial markets
• Proven ability to take on significant responsibility
• Energetic self-starter who is flexible, organized, conscientious, and proactive
• An individual who demonstrates a sense of personal accountability and urgency for achieving results
• Dedication to building a career in the financial services industry
• Relevant internship experience
• Bachelor’s degree with an expected graduation in December 2025 or May/June 2026

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.

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.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Drug and Alcohol Policy

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