• • CITY OF LONDON
• Administrative & Corporate Services
• Full time
• 03 Nov 2022
• R-220971

At Wells Fargo, we are looking for talented people who will put our customers at the centre of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired.  Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wells Fargo & Company (NYSE: WFC) is a major, global financial services company with approximately $1.9 trillion in assets. In EMEA, Wells Fargo provides a diversified set of banking, investment and commercial finance services through two reportable operating segments:  Commercial Banking, and Corporate and Investment Banking, supported by a number of enterprise functional areas, including Finance, Risk, Compliance , Audit, HR, Operations and Technology.

About This Role

Wells Fargo is seeking a Placement Student based in London; supporting the Corporate Banking team and working with the largest, most sophisticated corporate companies in region.

The Wells Fargo Corporate and Investment Banking Group (CIB) serves large corporate and institutional clients that span a broad range of businesses across the investment grade, non-investment grade, public, and private spaces, both domestically and internationally.  Wells Fargo banks nearly 3 out of 4 Fortune 500 companies and through CIB, our Corporate Bankers serve our clients by using the Wells Fargo balance sheet for financing our clients’ day-to-day corporate activities as well as strategic activity, including mergers and acquisitions.

In This Role, You Will

• Support the Relationship Manager throughout the entire sales process for our clients’ credit and non-credit needs including coordination of internal and external support tasks.
• Assist with analysing loan requests, borrower information and financial statements, industry and business analysis to support underwriting of moderately complex credit relationships within Corporate Banking.
• Monitor customer financial performance, credit quality rating, and compliance with financial covenants. Prepare financial updates, report on key trends and identify key risks. Complete all required periodic internal credit and management reports accurately and in a timely manner.

• Prepare due diligence documents, coordinate the Credit investigation process, and organise results to comply with Know Your Customer, ensure satisfactory Data Integrity, and other regulatory and policy requirements.
• Work with relationship, back office, and service teams to ensure timely and accurate booking of approved exposures. Review documentation and systems of record to validate all exposure is booked as approved.
• Participate in projects and process development for the group or region.
• Ad-hoc projects/initiatives/marketing/portfolio management/maintenance for all relevant product services.
• Collaborate and consult with peers, internal partners and staekholders.

Desired Qualifications

• Demonstrated knowledge and/or experience in the financial services industry.
• Analytical and accounting skills; ability to analyse large corporate and middle market customer financial statements.
• Ability to work effectively in a team environment and interact, negotiate and communicate with all levels of management, staff and customers.
• Proficiency in Excel. Ability to quickly learn systems, procedures and policies.
• Clear and concise written and verbal communication skills.
• Strong organisational skills and ability to multi-task and work in a deadline driven environment.
• Self-motivated with a high level of initiative and accountability.
• Fluent in English.
• Other European languages a bonus.
• Exhibit a desire for a future career in financial services.

This is a 12-month Fixed Term Contract, for a student who is completing a work placement year as part of their degree course.

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.