Investment Banking Program Associate - Leveraged Underwriting

Wells Fargo Bank•New York, NY

3d•$150,000 - $250,000

About The Position

About this role: Wells Fargo is seeking an Investment Banking Associate for the Leveraged Underwriting group within Corporate and Investment Banking (CIB). The position is focused on underwriting, structuring, and executing complex and fast-moving transactions that support Corporate and Sponsor clients across a diverse range of industries within Wells Fargo’s Leveraged Underwriting Group. This role will work closely with Leveraged Finance Debt Capital Markets (DCM), Sponsor Coverage, Capital Management, Industry Coverage, and Equity Capital Markets (ECM) teams to originate and execute new transactions. Employees 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. In this role, you will: Create detailed financial models to analyze capital and growth strategies for clients Conduct extensive financial and industry due diligence to evaluate the risk/return parameters of a transaction Partner with Leveraged Finance and Sponsor Coverage to structure and execute complex, fast-moving, leveraged acquisition finance, financial sponsor, and pre-IPO transactions Support senior bankers in their relationship management responsibilities, including interaction with current and prospective clients Participate in all aspects of deal coordination, including conducting due diligence efforts, drafting and reviewing materials and supporting the negotiation of credit agreements 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 Maintain knowledge of structuring, marketing, and distribution processes associated with leveraged debt instruments Prepare marketing documents, including pitch materials, confidential offering memoranda, and management presentations Develop knowledge around credit and other related legal agreements and complex loan structures 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 experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

2+ years of financial services industry experience
Securities industry experience
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Ability to achieve business results and willing to accept accountability for achieving goals
Strong analytical skills with high attention to detail and accuracy
Strong organizational, multi-tasking, and prioritizing skills
High level of initiative and accountability
Ability to act with integrity, good character and exercise sound judgement
Strong Microsoft Office (Word, Excel, and Outlook) skills
Knowledge and understanding of financial services credit risk management
BS/BA degree or higher in accounting, finance, or economics
Strong understanding of financial and accounting concepts
Excellent analytical / modeling skills and ability to create in-depth financial models involved in LBO / M&A transactions
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

Responsibilities

Create detailed financial models to analyze capital and growth strategies for clients
Conduct extensive financial and industry due diligence to evaluate the risk/return parameters of a transaction
Partner with Leveraged Finance and Sponsor Coverage to structure and execute complex, fast-moving, leveraged acquisition finance, financial sponsor, and pre-IPO transactions
Support senior bankers in their relationship management responsibilities, including interaction with current and prospective clients
Participate in all aspects of deal coordination, including conducting due diligence efforts, drafting and reviewing materials and supporting the negotiation of credit agreements
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
Maintain knowledge of structuring, marketing, and distribution processes associated with leveraged debt instruments
Prepare marketing documents, including pitch materials, confidential offering memoranda, and management presentations
Develop knowledge around credit and other related legal agreements and complex loan structures
Demonstrate a strong understanding of Wells Fargo’s credit risk policies, risk appetite, and underwriting guidelines
Support a collaborative and inclusive environment