Summer Analyst
Program: The Summer Analyst Program is a 10 week, non-rotational schedule and provides the opportunity to gain experience working for one of the most well regarded financial institutions in the world. The Program will include a CRE Executive Speaker Series, Credit Supervision Panels, and Early Talent Panels. Weekly projects will include various asset class case studies, sponsor review case study, and risk management support.
Training: Analysts start with a one-week training program on financial accounting, credit analysis, and financial modeling. Wells Fargo professionals and consultants with special expertise in their fields equip Summer Analysts with the skills, knowledge and tools to make an immediate contribution to their respective teams. Summer Analysts receive on-the-job coaching, mentoring, and feedback throughout their tenure.
YOUR ROLE AS A COMMERCIAL REAL ESTATE SUMMER FINANCIAL ANALYST:
You will work closely with our REB Portfolio Managers, Analysts, and Coverage Bankers to underwrite real estate located nationwide, manage risk, and develop a deep understanding of market fundamentals and borrower credit profiles. You will become an integral part of your office’s team and have the opportunity to assume a significant amount of responsibility that may include:
- Assembling complex financial models that project the potential financial performance of a real estate asset as well as underwriting risks associated with market demand, supply, net effective rents, expenses, capitalization rates, and tenant quality
- Researching specific real estate markets and assessing market data and trends affecting demand generators, risk presented by new supply, and comparable properties
- Preparing borrower/guarantor financial reviews as well as writing memorandums focused on a borrower’s and guarantor’s adjusted net worth, leverage, liquidity, and other key risk factors, including cash flows and ability to service debt
- Partnering with Portfolio Managers and Coverage Bankers to structure multi-million dollar transactions
- Participating in property tours and site visits to develop a deeper understanding of the viability of the real estate and the related transaction
NEXT STEPS:
Analysts who thrive in the summer program can be offered full time opportunities for the following summer as a full time CRE Financial Analyst.
Desired Qualifications:
- Proven leadership, self-motivation and success through internships, part-time or full-time work, and/or extracurricular activities
- Real Estate knowledge or experience
- Advanced Microsoft Excel skills
- Strong analytical skills with high attention to detail and accuracy
- Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
- Ability to work effectively, as well as independently, in a team environment
- Ability to interact with integrity and a high level of professionalism with all levels of customers, team members and management
- Excellent verbal, written, and interpersonal communication skills
- A BS/BA degree or higher or equivalent work experience
Applications are open May 24th- June 3rd, 2022 with Superday interviews on July 21st, 2022.
The internship is open to all persons interested in Corporate & Investment Banking with an expected graduation date of December 2023 or May/June 2024. |