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Wells Fargo is seeking an Investment Banking Associate to join our Mid-Cap Investment Banking team in New York, NY. The Associate will be responsible for working on client coverage materials, conducting industry research and screening, transaction origination and execution of the full range of investment banking products and services across diverse sectors. Primary sectors covered include Industrials and Consumer & Retail, but may also include Technology, Media & Telecom, Oil & Gas and others based on client needs.
Job Responsibility:
Work to support the business strategy and relevant teams to expand Wells Fargo’s investment banking activities in the region
Support senior bankers with relationship management responsibilities, which aligns with consistent coverage of Wells Fargo Commercial Banking clients
Prepare marketing documents, including pitch materials, confidential offering memoranda and management presentations
Keep abreast of key market developments and establish knowledge of the target client base and relevant market dynamics
Coordinate closely with internal and external resources to help arrange client meetings and important engagements
Perform financial analysis, including comparable transactions and public company analysis
Create detailed financial models used for valuation purposes
Conduct extensive financial and industry due diligence to evaluate the risk/return parameters of a transaction
Utilize Microsoft Excel, Word and PowerPoint to present various pieces of analysis
Manage transaction logistics, including organizing data rooms and working group lists
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
1+ year of experience across the full M&A transaction life cycle, including origination and execution
Prior experience at a large investment banking platform and/or a leading securities firm
Sound analytical and communication skills, attention to detail, and willingness to take on significant responsibility
High level of personal motivation, strong interpersonal skills, and a broad intellectual capacity
Ability to function both independently and as part of a team while meeting stringent deadlines and work quality standards
Prior experience working in a demanding, highly focused, collaborative, team environment
Strong team player that works with a high level of ethics and integrity
Advanced Microsoft Office skills (Outlook, Word, Excel, PowerPoint)
Bachelor’s degree in a relevant field
Willingness to work on-site in accordance with current office requirements
Ability to work additional hours as needed
Registration for FINRA Series 79 must be completed within 90 days of hire date if it is not available for transfer upon hire
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
For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check
Internal transfers are subject to compliance with 17 CFR 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
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
What we offer:
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
May be considered for an annual discretionary bonus