Associate, Investment Banking - Fund Solutions

Wells Fargo•Charlotte, NC

1d•$175,000 - $225,000•Onsite

About The Position

Wells Fargo’s Corporate & Investment Bank provides banking, capital markets, advisory, sales, trading, and research capabilities to corporate, government, and institutional clients. The Fund Finance team provides fund-level financing through structured credit facilities and capital markets solutions to private capital funds and other asset managers, with a focus on strong customer relationships, risk mitigation, and compliance. The Fund Solutions team offers asset managers and private capital investors products including Net Asset Value (NAV) financing, structured products such as Collateralized Fund Obligations (CFOs) and rated feeders, advisory services, and capital-raising solutions. The Associate will support origination, structuring, and execution of these products, with particular emphasis on structured products. The role involves financial modeling, portfolio analysis, transaction structuring, coordinating rating agency and investor workstreams, legal documentation, and execution through closing. The Associate is expected to work independently, manage complex workstreams, and contribute to building the business. The role is based in Charlotte, North Carolina, with a base pay range of $175,000 to $225,000. Travel of up to 10% may be required. Employees are accountable for following applicable risk and compliance programs, policies, and procedures and for escalating and remediating issues appropriately. Obtaining and/or maintaining required FINRA licenses is a condition of ongoing employment; Series 63 and 79 or equivalents must be completed within the applicable 90- or 180-day period if not transferable at hire. Candidates must meet background-screening, financial fitness, and regulatory requirements.

Requirements

At least 2 years of investment banking experience, or equivalent demonstrated through work experience, training, military experience, or education.
Strong analytical skills and high attention to detail and accuracy.
Strong Excel skills, including writing formulas, organizing, analyzing and formatting data, and recognizing and auditing errors.
Ability to manage a high-volume workload while maintaining quality and consistency, quickly change focus, and stay organized.
Ability to work effectively both independently and in a team environment.
Excellent verbal, written, and interpersonal communication skills.
Willingness to work 50 or more hours per week depending on workload.
Ability to travel up to 10% of the time.
Ability to obtain and/or maintain appropriate FINRA licenses for ongoing employment; Series 63 and 79 examinations or equivalents must be completed within the applicable time period if not transferable upon hire.
Ability to meet applicable background-screening, financial fitness, criminal background, state registration, licensing, and ongoing regulatory requirements.

Nice To Haves

Experience originating and monitoring subscription facilities, NAV facilities, asset-backed finance facilities, securitizations, or other structured products.
Strong knowledge of private capital, fund finance, and structured finance, including structures such as waterfalls and amortization profiles, investment strategies, cash flows, performance metrics, and product use cases.
Ability to analyze large data sets to provide insights on expected fund performance, pricing strategies, and optimal structuring.
Experience reading, negotiating, and/or interpreting legal documents.
High personal motivation, willingness to exceed assigned expectations, and ability to anticipate questions and issues.
Direct client interaction experience, including some experience interacting with senior decision-makers.

Responsibilities

Manage transaction execution from initial deal preparation and structuring through marketing, investor diligence, documentation, and closing.
Build and maintain detailed transaction models for CFOs, rated feeders, Secondary NAV facilities, and other structured or lending transactions.
Analyze portfolio characteristics, including projected cash flows, investment strategies, and fund seasoning, to develop suitable financing solutions and portfolio construction.
Conduct due diligence by reviewing financial statements, fund documents, and legal agreements.
Work with rating agencies to obtain debt ratings.
Prepare client presentations, transaction materials, term sheets, internal approval memoranda, and investor marketing materials.
Perform credit underwriting for new transactions and support annual reviews of existing facilities.
Prepare borrowing base calculations in Excel.
Work with internal and external counsel to negotiate legal documentation.
Negotiate, structure, and execute amendments and other facility modifications.
Partner with analysts and internal teams to manage compliance, booking, and funding processes.
Contribute to portfolio analysis across the broader Fund Finance team portfolio.
Follow applicable risk and compliance programs, policies, and procedures; fulfill risk and compliance obligations; and escalate and remediate issues.
Obtain and/or maintain required FINRA licenses and comply with state registration, licensing, and ongoing regulatory requirements.