• • CITY OF LONDON
• Client Management
• Full time
• 04 Nov 2022
• R-223363

Wells Fargo Real Estate Banking Overview

Wells Fargo & Company (NYSE: WFC) is a multinational financial services company that has approximately $1.9 trillion in assets (2021 Annual Report).  Wells Fargo ranked No. 37 on Fortune’s 2021 rankings of America’s largest corporations.

Wells Fargo EMEA is seeking talent to join the 2023 Commercial Real Estate Graduate Analyst Program in Corporate and Investment Banking (CIB). The successful candidates will be working in a front office function focused on the origination, execution, and ongoing management/monitoring of real estate lending transactions.

Commercial Real Estate (CRE) is part of the Corporate & Investment Banking division and delivers real estate banking services to corporate clients, including fund managers, large private property companies, and real estate investment trusts (REITs).  Wells Fargo CRE has consistently performed with a leading market share in the US where we have been the No.1 commercial real estate lender yearly since 2009 (MBA Commercial Real Estate/Multifamily Finance Firms Annual Origination Volumes, year-end 2020). The CRE EMEA team provides an important strategic bridge for the bank to support US clients investing in the EMEA region and to introduce domestic clients to the wider Wells Fargo franchise. The CRE EMEA team use innovative and often complex debt structures to support investors across a wide spectrum of real estate assets located within the UK and Ireland.

JOB DESCRIPTION/KEY RESPONSIBILITIES

You will be working as a Graduate Analyst within the CRE EMEA team based out of our London or Dublin office. You will work alongside and assist our relationship managers, and become an integral part of the CRE EMEA team, with the opportunity to assume a significant amount of responsibility that may include:

• Financial and cashflow model analysis to assess and quantify key risks in new lending opportunities
• Preparation of deal summary memorandums to assist in pitching new opportunities to relevant credit and senior business side individuals
• Reviewing and assisting in the development of loan agreements and ancillary documents related to the closing of a real estate financing transaction
• Running internal models to assess transaction profitability and risk ratings
• Analysis of the financial creditworthiness of companies, often our tenants, borrowers, and guarantors
• Preparing ongoing loan monitoring reports on a periodic basis
• Attend client meetings and site visit of existing and potential new opportunities throughout the UK and Ireland

In addition to on-the-job coaching and mentoring, analysts will participate in centralized technical and soft skill training programs to equip analysts with the skills, knowledge, and tools to make an immediate contribution to the CRE EMEA team.

DESIRED QUALIFICATIONS

CIB Commercial Real Estate Analysts must demonstrate a combination of academic aptitude, quantitative skills, and personal motivation. It is preferred that your background includes:

• An interest in finance and real estate
• Strong analytical skills with high attention to detail and accuracy
•  Clear and concise verbal, written, and interpersonal communication skills
• High level of initiative and accountability
• Effective organizational, multi-tasking, and prioritizing skills
• Ability to work in a fast-paced deadline driven environment
• Problem solving and decision-making skills
• Proven leadership, self-motivation, and success through internships, part-time or full-time work, and/or extracurricular activities
•  Experience using Microsoft Office suite of products
• Available for program start date of August/September 2023

What we will hope you do next

Choose ‘Apply now’ to complete your application, please note we will also require you to submit a covering letter as part of your application so that we can find out more about you.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.