2024 Commercial Banking Analyst Program (January Class)

Wells Fargo

Sep 29, 2023

Applications are closed

Job
Full-time
Entry Level
Banking & Finance
Chicago, +8

Requirements

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

Responsibilities

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.

Wells Fargo

Finance

Industry

10,001+

Employees

1929

Founded Year

Mission & Purpose

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. 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. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.