Investment Banking Associate

About this role :

Wells Fargo is seeking an Investment Banking Program Associate. The candidate will assist in executing commercial real estate securitizations, including as fixed or floating rate CMBS, CRE CLO, and real estate ABS.

The position will be actively involved in all aspects of business growth and deal execution, through the creation of pitch books, maintaining credit models and diligence files, negotiation of legal documentation, and assistance in the sale / distribution of bonds.

The candidate's responsibility also includes guiding deal teams and third-party clients through all facets of the securitization process.

In this role, you will :

• Help clients achieve goals by analyzing collateral for creative structural features for proposed CMBS, CRE CLO or any other form of real estate securitization.
• Maintain existing client relationships and grow third party agented securitizations with an emphasis on solutions for clients with complex needs.
• Execute deals by coordinating loan sellers, syndication group, counsel, accountants, rating agencies, investors, and deal vendors.
• Maintain thorough market knowledge for any factors that may create future opportunities or affect current deal execution.
• Actively collaborate with team to successfully achieve any and all goals.

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check.

Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification.

Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Required Qualifications :

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

Desired Qualifications :

• Strong financial modeling skills.
• Strong analytical skills with high attention to detail and accuracy
• 2+ years of Investment Banking Experience
• Securities Industry Essentials, Series 79 & S63
• Strong working knowledge of accounting and financial concepts, such as discounted cash flows
• Knowledge of structured products rating agency frameworks
• A focus in commercial real estate or capital markets
• Excellent oral and written communication skills
• Excellent analytical and problem-solving skills
• Strong interpersonal skills, including the ability to interact with senior executives and clients
• Strong working knowledge of Excel, Word, PowerPoint, information systems and programming
• Willingness to work long hours
• Ability to work in a dynamic and demanding work environment
• Dedication to building a career in the financial services industry

Job Expectations :

Registration for FINRA SIE 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 7 must be completed within 90 days of hire date if it is not available for transfer upon hire.

FINRA recognized equivalents will be accepted.

Additional Information :

• Posting may come down early based on applicant volume
• May be considered for an annual discretionary bonus
• Location : New York City-30 Hudson Yards
• This position is not eligible for Visa sponsorship.

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.

Pay Range

$138,500.00 - $287,600.00

Benefits

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future.

Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

• 401(k) Plan
• Paid Time Off
• Parental Leave
• Critical Caregiving Leave
• Discounts and Savings
• Health Benefits
• Commuter Benefits
• Tuition Reimbursement
• Scholarships for dependent children
• Adoption Reimbursement

Posting End Date : 7 Jul 2024

7 Jul 2024

Job posting may come down early due to volume of applicants.

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, status as a protected veteran, or any other legally protected characteristic.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.