Analyst, Corporate Banking – Financial Institutions Portfolio Management

Wells Fargo Bank • Charlotte, NC

17h

About The Position

Corporate & 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 Analyst to join Wells Fargo’s CIB. The Analyst will join and grow one of the industry’s leading Financial Institutions practices, which covers insurance, asset managers, market structure, and specialty finance companies. The Analyst will be focused on supporting the credit underwriting and portfolio monitoring of Wells Fargo’s non-bank financial institutions portfolio.

Requirements

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

Nice To Haves

• Undergraduate degree (Business, Finance, Economics, Accounting or similar) from a four-year accredited college or university
• Strong verbal, written, and interpersonal communication skills
• Strong financial modeling, credit, accounting and technical skills with high attention to detail and accuracy
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic, fast paced and complex environment
• Strong organizational, multi-tasking, and prioritizing skills
• Demonstrated excellence in working effectively as an individual and as part of a team
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• High level of initiative and accountability
• Experience with contributing to project teams
• Collaborative mindset and ability to work with team members who are in different locations
• Ability to act with integrity, good character and exercise sound judgement

Responsibilities

• Participate in structuring and executing transactions and supporting Portfolio Managers with financial and credit analysis for a portfolio of loans within Financial Institutions
• Build and maintain financial models for new and existing credits, including sensitivity and downside cases, and check model outputs for accuracy
• Prepare first drafts of credit approval documents and supporting exhibits — including due diligence summaries, risk analysis, risk rating templates and return analysis — for review by the Portfolio Manager
• Support credit underwriting work, accounting for all risk factors and preparing the supporting analysis for risk rating recommendations
• Review and interpret credit policies and procedures and incorporate requirements into credit analysis, observations and lending recommendations
• Provide ongoing monitoring and maintenance of the portfolio, liaising with back office and middle office teams on day-to-day operational matters
• Develop presentation materials for client meetings and internal discussions; support follow-up items with a client after a call through to resolution to support the broader deal team
• Work with more senior staff to present recommendations for growing and maintaining a portfolio of profitable clients in FIG through proactive, strategic and consistent business development and client retention
• Prepare and maintain recurring management reporting, transaction databases and comparable transaction files for the team
• Escalate identified issues, covenant and reporting exceptions, and data discrepancies to the Associate or Portfolio Manager on a timely basis
• Collaborate and consult with peers, internal partners and stakeholders

Benefits

• Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position. Securities Industry Essentials (SIE) and FINRA Series 63 and 79 examinations, or equivalent must be completed within either a 90 or 180-day time period following commencement of employment, depending upon the number of license(s) needed if not immediately available to transfer upon hire. FINRA recognized equivalents will be accepted. This will be communicated at time of offer acceptance. Compliance with state law registration and licensing requirements is mandatory. In addition to state registration and licensing requirements, specific product licenses or SAFE licensing may apply. Additional requirements include meeting enhanced financial fitness and criminal background standards. Wells Fargo will initiate the FINRA licensing review process at the time of offer acceptance. For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite is required. This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents. 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. Information will be shared about expectations during the recruitment process.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level