Investment Banking Associate
Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.
About This Role
Wells Fargo is seeking an Investment Banking Associate to join our Mid-Cap Investment Banking team in Chicago. 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.
Responsibilities
Work to support the business strategy and relevant teams to expand Wells Fargo's investment banking activities in the region
Support senior bankers in their 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 establishing 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
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
2+ years of exposure to the full spectrum of a M&A transaction life cycle including origination and execution experience
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
Comfortable functioning both independently and as part of a team, meeting stringent deadlines and work quality standards
Prior experience working in a demanding, highly focused, collaborative, team environment that required extended work hours from time to time
Team player that behaves ethically and with integrity
Bachelor's degree in a relevant field
Job Expectations
Registration for FINRA Series 63, 79, and 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.
This position may require you to meet FINRA registration requirements, which states that Associated Persons (AP) cannot be subject to statutory disqualification, in addition to regulatory and compliance requirements, including successful completion of criminal and regulatory checks and disclosure reviews
Compensation Details
Base pay range for this position is $175,000-$200,000
May be considered for an annual discretionary bonus
Primary Location : 10 S Wacker, Chicago
Pay Range : $150,000.00 - $250,000.00
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
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
Investment Banking Associate • Chicago, IL, US