2025 Investment Banking Early Career Development Program

Wells Fargo

Jul 30

Applications are closed

Job
Full-time
Entry Level
New York, +3

Requirements

REQUIRED QUALIFICATIONS:
6+ months of Investment Banking Program experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
DESIRED QUALIFICATIONS:
Preferred Skills
Currently pursuing a bachelor's degree with an expected graduation date between December 2024 -June 2025
Excellent verbal, written, and interpersonal communication skills
Ability to work effectively, as well as independently, in a collaborative, change driven environment
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
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
Pursuing a bachelor's degree. All majors are welcome.
Demonstrated knowledge, interest and/or experience with financial markets, banking, or financial services industry.
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. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 79 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
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. FINRA recognized equivalents will be accepted.

Responsibilities

Developing and maintaining models to depict projected financial results and to value companies
Working closely with senior bankers on presentations, financial and credit analysis, and the preparation of financial projections and models
Supporting various financial analyses, including valuations and merger consequences
Performing comprehensive and in-depth company and industry research
Preparing presentations and other materials for clients
Conducting research, participating in strategic planning and assisting in the execution of advisory services
Conducting financial analysis, preparing credit packages, and monitoring existing deals; creating pitches, proposals, and marketing materials
Participating in client meetings, due diligence visits, and other client interactions to gain exposure to key executives and senior bankers
Participate in analyzing companies, develop strategies for clients, pulling market and industry research, and completing a trading simulation within Investment Banking Program
Review strategies for clients, build detailed financial models, analyze market data, and prepare client presentations related to low-to-medium risk tasks and deliverables
Receive direction from a manager and exercise independent judgment while developing understanding of compliance and risk management requirements for the supported area
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Interact with internal and external customers

FAQs

What is the 2025 Investment Banking Early Career Development Program at Wells Fargo?

The 2025 Investment Banking Early Career Development Program is a two-year non-rotational analyst program within Wells Fargo's Corporate and Investment Banking division, designed for individuals seeking to gain experience in investment banking and advisory services.

What types of teams will I be placed in during the program?

You may be placed in either an Industry Coverage Team, which focuses on specific industries such as Healthcare or Technology, or a Product Team, which deals with services like Mergers and Acquisitions or Corporate Finance.

What kind of responsibilities will I assume as an analyst in this program?

As an analyst, you will develop financial models, conduct industry research, prepare client presentations, participate in client interactions, and support financial analyses, among other tasks.

What training will I receive during the program?

Analysts will undergo a comprehensive six to eight-week training program in Charlotte, which includes classroom instruction on financial principles, corporate valuation, modeling, and mentoring from experienced professionals.

What is the expected start date for this program?

The program is set to start in the Summer of 2025.

Where will the program primarily take place?

Primary locations for the program include Charlotte and New York, with limited opportunities in Houston, Washington D.C., and Chicago.

What is the expected salary for an analyst in this program?

The expected salary for the analyst position is $110,000 annually, with potential eligibility for a discretionary bonus and other benefits.

What qualifications are required to apply for this program?

Applicants must have at least 6 months of Investment Banking Program experience or equivalent qualifications, and should be pursuing a bachelor's degree with an expected graduation date between December 2024 and June 2025.

Are there any required examinations for this position?

Yes, analysts must complete registration for the FINRA Series 63 (or 66), Series 79, and the Securities Industry Essentials (SIE) exam within 90 days of their hire date if these are not transferable upon hire.

Does Wells Fargo support diversity in its hiring process?

Yes, Wells Fargo is committed to diversity, equity, and inclusion in the workplace and welcomes applications from all qualified candidates regardless of various protected characteristics.

What benefits do employees receive in this program?

Benefits include a 401(k) plan, paid time off, health benefits, parental leave, tuition reimbursement, scholarships for dependent children, and adoption reimbursement, among others.

What is the application deadline for this position?

The job posting will close on December 1, 2024, but may be removed earlier due to a high volume of applicants.

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.