2021 Wells Fargo Summer Financial Analyst Program – Middle Market Banking (MMB)

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

 

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

 

Commercial Banking provides financial solutions to businesses across the United States and globally, with annual sales generally in excess of $5 million. Its business lines include Middle Market Banking, Commercial Capital, and Treasury Management, as well as the Chief Operating Office and Control organizations which support and monitor the businesses.

Wells Fargo Middle Market Banking delivers a comprehensive suite of products and industry expertise to serve the diverse financial needs of companies with annual sales typically ranging from $5 million to $2 billion. As a leader in serving commercial customers, Wells Fargo offers financial services including credit and treasury management solutions as well as specialized expertise across industries including through the following platforms.

·      Local Middle Market Banking Offices (MMBO): Located in 46 states and Canada, our numerous offices are organized into three regions (West, Central, and East) and seventeen geographic divisions. The local delivery model affords Wells Fargo the opportunity to know our customers and understand their business. These offices are committed to our customers success and building lasting relationships by delivering exceptional service and innovative solutions.

·      Specialized Industries (SI): These teams provide deep expertise in the following industry sectors: 

o   Core Government / Public Infrastructure and Local Government: Government Banking delivers differentiated service and advice to clients while also managing the unique risks and operating requirements of Federal, State and Local government clients. This team has expertise in Housing Finance Authorities, municipally owned Public Power providers, Transportation and Public-Private Partnerships (P-3) and works in a highly regulated and generally formal procurement-based environment.

o   Diversified Sector Management: The Middle Market Banking Diversified Sector Management group covers the following specialized industries and products: Defense, Aerospace & Technology Services, Heavy Equipment Dealers & Truck Transportation, Investor Real Estate Advisory, Global Advisory, Commodity Finance, Waste and Recycling, Diverse Segments, and Employee Stock Ownership Plan Finance & Advisory. Through engagement with local Middle Market Banking teams throughout the country, these groups provide support ranging from advisory to underwriting to best serve the customers’ needs and to deliver the most relevant recommendations. 

o   Food & Beverage / Agribusiness: Wells Fargo has been the nation's leading agricultural lender among commercial banks for 24 consecutive years and continues to be a significant presence in Beverage and Food Manufacturing & Distribution. We serve the breadth of the supply chain from “farm to fork”, provide unique solutions tailored to the industry including risk management solutions, and bring unmatched experience and expertise gained by serving so many customers across a broad number of industry sectors.

o   Healthcare Financial Services, Higher Education, and Non-profit Banking: Wells Fargo’s Healthcare Financial Services, Higher Education, and Non-profit Banking group is the market leader within this space of systems in excess of $1 billion in revenue with financial metrics from rating agencies of A+ and better.

o   Small Business Administration (SBA): Wells Fargo is one of the largest providers of financing solutions to businesses under programs offered by the Small Business Administration (SBA) in the United States. We offer commercial loan financing to creditworthy businesses otherwise unable to obtain bank financing on reasonable terms using conventional lending channels.

o   Gaming & Technology Banking: The Gaming Banking group focuses on businesses that generate greater than $1 million in annual revenue from gaming activities or when repayment of Wells Fargo credit is derived from gaming activities (e.g., casinos). The Technology Banking group focuses on companies involved with internet/digital, hardware/semiconductors, software, Fintech and Cleantech, offering a complete range of solutions to technology companies ranging from start-ups to Fortune 500 leaders. 

·      Credit Execution and Portfolio Management (CE&PM): Three groups within this team provide consistent, efficient, and comprehensive credit underwriting and portfolio management support to Middle Market Banking’s customers. The groups include Credit Services, Portfolio Services, and Real Estate Portfolio Services.

The Summer Financial Analyst Program is designed to provide undergraduate students with an in-depth understanding of the day-to-day responsibilities of a full-time financial analyst. You will gain exposure to Wells Fargo’s operations, business strategies, and corporate culture by working in a Middle Market Banking office with experienced team members.

 

The Summer Financial Analyst Program is approximately 10 weeks in length and is non-rotational. Offers are made for a specific office and lending group, based on candidate preference and business need.

 

During the summer, we focus on your training and development so you’ll be prepared to take your next career step once you complete the program. You will gain insight into Wells Fargo’s corporate and credit culture, as well as opportunities for community involvement, networking and analytical training in line of business-specific concepts along with:

 

·      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 a summer financial analyst. You will begin to build your analytical skills and understanding of credit by actively participating in your team’s day-to-day activities.

 

·      Professional Support: You will be matched with a full-time analyst or a high-performing relationship manager who will be your resource and coach, available to answer your questions, help you through challenging situations, and give you feedback throughout the course of the summer. 

 

·      A virtual speaker series: Wells Fargo’s top leaders provide insight into how to make the most of your summer experience while you get to learn about trends in the financial markets. 

 

·      Organized networking activities:  We promote community involvement and networking with other summer and full-time financial analysts.

Summer financial analysts who successfully complete the program are considered for the Financial Analyst Program. A significant number of interns who work with us during the summer return to Wells Fargo full-time.

 

We have summer financial analyst positions available nationwide.

For additional information about the Summer Financial Analyst Program and the various businesses of Wells Fargo, please visit: https://www.wellsfargojobs.com/university-programs

·      Bachelor’s degree with an expected graduation date in December 2021 or May/June 2022

·      Strong analytical skills and high attention to detail and accuracy

·      Excellent verbal, written, and interpersonal communication skills

·      Strong organizational, multi-tasking, and prioritizing skills

·      Ability to take on a high level of responsibility, initiative, and accountability

·      Intermediate Microsoft Office skills

 

Team members 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 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.