Investment Banking Program Associate - Financial Sponsors

Wells Fargo Bank•Los Angeles, CA

1d•$175,000 - $225,000

About The Position

The Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo. Learn more about the career areas and lines of business at wellsfargojobs.com . About this role: Wells Fargo is seeking an Investment Banking Associate to join the Financial Sponsors team in our Los Angeles office. The Associate will have the opportunity to work with private equity clients as they evaluate and execute new equity and debt investments, monetize existing investments, and contemplate capital structure solutions at both the portfolio company and fund level. This work will allow the candidate to cover a wide range of complex transactions including leveraged buyouts, acquisitions, divestitures, mergers, joint ventures, recapitalizations, strategic advisory assignments, and executions of public and private capital markets transactions. The Associate would have the opportunity to work across both groups to deliver high quality advice and solutions to our clients. The ideal candidate will have knowledge of corporate and investment banking products (including M&A, capital markets, LBOs, etc.), a strong work ethic, ability to research and generate unique content for clients, and creative, team-oriented approach to solving problems. In this role, you will: Support senior bankers in their relationship management responsibilities, including interaction with current and prospective clients Create detailed financial models, including LBO models and other financial and valuation analysis Participate in and help drive all aspects of deal coordination, including conducting due diligence efforts, drafting and reviewing marketing materials and liaising with potential buyers, other advisors and team members Assist the senior banker and deal teams to analyze financial statements, conduct due diligence, build complex financial models, complete industry and comp analysis, and distill large amounts of information into concise memos that address key credit risks Demonstrate a strong understanding of Wells Fargo’s credit risk policies, risk appetite, and underwriting guidelines Support a collaborative and inclusive environment

Requirements

2+ years of Investment Banking Program experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Registration for Securities Industry Essentials (SIE) exam must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
Registration for FINRA Series 79 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of 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.

Nice To Haves

Investment Banking experience
Excellent verbal, written, and interpersonal communication skills
A Master's degree or higher in accounting, finance, or economics
Strong grasp of corporate finance, valuation, and financial accounting
Demonstrated excellence in working effectively as an individual and as part of a team
An individual who demonstrates a sense of personal accountability and urgency for achieving results
Strong analytical skills with high attention to detail and accuracy

Responsibilities

Support senior bankers in their relationship management responsibilities, including interaction with current and prospective clients
Create detailed financial models, including LBO models and other financial and valuation analysis
Participate in and help drive all aspects of deal coordination, including conducting due diligence efforts, drafting and reviewing marketing materials and liaising with potential buyers, other advisors and team members
Assist the senior banker and deal teams to analyze financial statements, conduct due diligence, build complex financial models, complete industry and comp analysis, and distill large amounts of information into concise memos that address key credit risks
Demonstrate a strong understanding of Wells Fargo’s credit risk policies, risk appetite, and underwriting guidelines
Support a collaborative and inclusive environment