Investment Banking Associate

Corporate Banking AssociateCorporate & 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.About this role: Wells Fargo is seeking a Corporate Banking Associate to join the FIG Banks Portfolio Management team within the Corporate & Investment Bank. The Associate will partner with Relationship Managers, Industry Coverage and Independent Risk Management to execute credit-related functions and portfolio support for banks and bank-like institutions of varying size and complexity located across North America. The team both initiates coverage and manages an existing portfolio of lending and interbank exposures, providing broad product exposure and direct access to the senior Portfolio Managers within the FIG industry vertical.In this role, you will:Participate in structuring and executing transactions — working with coverage and product partners on transaction structure, documentation and risk-adjusted return assessment — and support more senior staff with financial and credit analysis for an assigned portfolio of banks within the Corporate Banking Relationship Management functional areaPrepare timely and accurate written credit analysis of banks in assigned markets, including extensive financial statement analysis of individual institutions and comparison to peer institutionsSupport credit monitoring annual reviews, status updates, focus reviews and risk rating recommendations with oversight from the Portfolio ManagerReview and interpret credit policies and procedures and incorporate requirements into credit analysis, observations and lending recommendations, and take responsibility for adherence to all Wells Fargo credit policies and proceduresReview credit agreements and supporting documentation with internal and external counsel, and develop recommendations on waivers, amendments and consentsCoordinate with operational and middle office teams on day-to-day portfolio activity, including drawdowns, limit set-up, and resolve items escalated by AnalystsRepresent the bank in developing and maintaining relationships with smaller or less complex clients — including credit due diligence and client meetings alongside senior coverage partners — and drive proactive, strategic business development to grow and retain a profitable portfolioContribute to regular reporting on the loan portfolio and Banks sector trends for senior leadership, Independent Risk Management and coverage partners — including transaction databases and peer comps for the team, and preparation of materials for internal and external audit and examination processesReview the work of Analysts — including models, credit write-ups and monitoring deliverables — before submission to the Portfolio Manager, and participate in the training and mentoring of Analysts on the teamRequired Qualifications:2+ years of Corporate Banking Relationship Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:Demonstrated knowledge of bank and financial institution credit risk assessment and underwriting standardsExperience in corporate banking portfolio management and underwritingA BS/BA degree or higher in business administration, finance, economics or accountingCorporate Banking Program Analyst formal training with a Tier 1 bankStrong financial modeling, credit, accounting and technical skills with high attention to detail and accuracyStrong verbal, written, and interpersonal communication skillsStrong organizational, multi-tasking, and prioritizing skillsAbility to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic, fast paced and complex environmentDemonstrated excellence in working effectively as an individual and as part of a teamExperience reviewing, checking or mentoring the work of less tenured colleaguesHigh level of initiative and accountabilityCollaborative mindset and ability to work with team members who are in different locationsAbility to act with integrity, good character and exercise sound judgement, including making timely decisions in a fast-paced and results-driven environmentJob Expectations:Ability to travel up to 10% of the timeObtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position.Compliance with state law registration and licensing requirements is mandatory.Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired.Posting Locations:333 SE 2nd Ave - Miami, Florida 33131550 S Tryon St - Charlotte, North Carolina 2820290 S 7th St - Minneapolis, Minnesota 55402Pay Range Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities. $100,000.00 - $179,000.00Benefits:Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementWells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.