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Associate, Mid Cap Coverage Investment Banking
Chicago, IL
$150k - $250k/yr
Full time
Posted 19d ago
Job Description
Join Wells Fargo’s Mid-Cap Investment Banking team as an Associate, where you will support client coverage, industry research, and deal origination and execution across the Industrials and Consumer & Retail sectors. Based onsite in Chicago or Los Angeles, this role partners with senior bankers to broaden the bank’s regional investment banking footprint and deliver integrated client solutions.
Responsibilities
- Support the business strategy and related teams to grow Wells Fargo’s investment banking activities in the region.
- Assist senior bankers with relationship management aligned to ongoing coverage of Wells Fargo Commercial Banking clients.
- Prepare marketing documents, including pitch books, confidential offering memoranda, and management presentations.
- Stay informed on key market developments and develop knowledge of target clients and market dynamics.
- Coordinate with internal and external resources to arrange client meetings and important engagements.
- Perform financial analysis, including comparable transactions and public company analysis.
- Build detailed financial models used for valuation purposes.
- Conduct extensive financial and industry due diligence to evaluate risk and return parameters of a transaction.
- Utilize Microsoft Excel, Word and PowerPoint to present various analyses.
- Manage transaction logistics, including organizing data rooms and working group lists.
Requirements
- 2+ years of Investment Banking Program experience, or equivalent demonstrated through work experience, training, military experience, or education.
Technologies
- Microsoft Excel
- Microsoft Word
- Microsoft PowerPoint
- Microsoft Outlook
Benefits
- 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
Desired Qualifications
- 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 leading securities firm.
- Robust modeling experience relating to M&A and LBO transactions.
- Strong analytical and communication skills, attention to detail, and willingness to take on significant responsibility.
- High motivation, strong interpersonal skills, and broad intellectual capacity.
- Ability to work independently and as part of a team while meeting strict deadlines and quality standards.
- Experience in demanding, collaborative, team-focused environments with high ethics and integrity.
- Advanced Microsoft Office skills (Outlook, Word, Excel, PowerPoint).
- Bachelor’s degree in a relevant field.
Job Expectations
- Willingness to work on-site in accordance with current office requirements.
- Ability to work additional hours as needed.
- FINRA Series 79 must be completed within 90 days of hire if not already held (FINRA recognized equivalents accepted).
- FINRA Series 63 (or 66) must be completed within 90 days of hire if not already held (FINRA recognized equivalents accepted).
- For exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) co-requisite may be required.
- Subject to FINRA background screening and ongoing regulatory requirements; internal transfers comply with 17 CFR 240.17f-2 and FINRA Bylaws, with additional policy requirements for outside activities and personal investing.
Work Location
Chicago, IL 60606 - 10 S Wacker
Los Angeles, CA 90067 - 1800 Century Park E
Salary
Base salary range: $150,000 - $250,000 per year. In Illinois and California offices, the first-year base is typically $175,000 and the second-year base is $200,000.