Corporate Credit Team Associate - SPG Corporate Debt Finance

Wells Fargo Bank•Charlotte, NC

5d•Onsite

About The Position

Wells Fargo Corporate & Investment Banking 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. Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending and cash products across Structured Products Group, Macro, Equities, Municipal Products Group, Credit Sales & Trading. About this role: Wells Fargo is seeking an Associate to join the Corporate Debt Finance (CDF) group. This role will serve as a core member of the Corporate Credit Team (CCT) within CDF, part of Wells Fargo's Structured Products Group (SPG). Corporate Debt Finance provides capital to asset managers and other non-bank financial institutions through structured credit facilities and collateralized loan obligations. The Corporate Credit Team consists of leveraged loan professionals who are responsible for client due diligence, independent credit underwriting, direct lending market research, and ongoing portfolio surveillance of leveraged loan investments and related leverage facilities that support financing extended to CDF's clients. This role is well-suited for candidates seeking meaningful underwriting responsibility across a diverse portfolio of loans and industries, regular exposure to senior decision-makers, and the opportunity to develop as an independent credit professional within direct lending and structured credit.

Requirements

2+ years of Investment Banking experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

Experience in corporate credit underwriting, leveraged finance, private credit, or direct lending, including credit memo preparation and financial analysis
Completion of, or current enrollment in, a formal corporate credit training program (e.g., internal bank programs or third-party credit training)
Strong Excel skills for data analysis and reporting; experience with automation or data tools such as Databases, VBA, Power Query, Power BI, Alteryx, or similar is a plus
Strong technical and analytical skills, including cash flow analysis, leverage and coverage metrics, capital structure analysis, and downside scenario assessment
Working knowledge of leveraged loan markets, direct lending, and structured credit products
Excellent verbal, written, and interpersonal communication skills, with the ability to clearly articulate credit views in written memoranda and discussions with senior stakeholders
Effective organizational, multi-tasking, and prioritization skills with a strong attention to detail
Solid problem-solving skills and sound credit judgment, with the ability to operate with a high degree of independence
Ability to work effectively both collaboratively and independently in a fast-paced, deal- and deadline-driven environment
A BS/BA degree or higher in business administration, economics, finance, or a related field

Responsibilities

Perform fundamental credit analysis of leveraged loan issuers, including business risk, financial risk, capital structure, and downside scenarios
Review borrower financial statements, operating performance, and transactions (primary market activities, amendments) to support credit underwriting and ongoing surveillance
Review performance trends of collateral at both the individual loan and portfolio level and identify key risks, changes in credit profile, and emerging themes for escalation or further diligence
Develop independent credit opinions with respect to underlying loan collateral and present findings to senior team members and credit officers
Support senior team members in the underwriting, structuring, and approval of leverage facilities, including CLO warehouse and other structured credit facilities, with meaningful responsibility for analysis execution and work product quality
Prepare and contribute to credit memoranda and approval materials supporting new facilities, amendments, renewals, and other approval actions
Participate actively in the client due diligence process through preparation of meeting materials, analysis of underlying portfolios, and engagement in client discussions
Evaluate eligibility, advance rates, concentration limits, and other structural features of leverage facilities in connection with underwriting decisions
Liaise with clients and internal partners (e.g., Capital Markets, Legal, Operations) throughout the underwriting and approval process
Present credit analysis, structural considerations, and recommendations to senior team members and credit officers
Derive and share market updates from various sources (clients, news, professional networks); cultivate a strong understanding of the Direct Lending landscape – the players, roles, risks, opportunities – and speak to market dynamics with audiences internal and external
Monitor direct lending and leveraged loan market activity to support underwriting views and portfolio surveillance