About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
About Wells Fargo India
Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations |
Department Overview
This role is within CIB Front Office support team with in Wells Fargo India. The department works with CIB business which provides direct structured lending in addition to the underwriting and distribution of securities for clients who access the bond markets through securitizations. Business provides services across broad range of asset classes, including securitization & lending, corporate debt finance, and mortgage finance and works closely with large domestic and international clients. The client base includes banks, NBFC, Financial Institutions, Insurance, Mortgage and Real Estate finance and investment funds.
About the Role
The roles involves working and supporting an industry leading structured finance department within a large investment bank. Specifically, this involves credit analysis/portfolio management support for a large department that lends money to financial institutions. The roles also involves review of various client documents, under taking financial review, credit analysis, writing different types of memos, compiling regular weekly/monthly/quarterly reports, trend analysis, covenant review, ratio calculations, etc. and will require working closely with front office team in the business. The roles involves significant opportunities to learn, develop and work as an integral member of the business.
Responsibilities
- Financial statement spreading & analysis. Reviewing monthly reporting to check for completeness & accuracy of financial calculations including covenants
- Preparing a summary of the above either in written format or in a common-sized excel format
- Maintaining various databases and various spreadsheets for internal reporting
- Tracking & reporting on financial trends of the customer loans
- Preparing monthly &/or quarterly decks to report on the above
Market Skills and Certifications
Essential Qualifications- At least a B. Com or equivalent degree preferably MBA, CFA or CA
- At least 2-3 years' experience in credit analysis, debt or equity research, corporate lending or structured finance (including work on mortgage backed securities, asset backed bond securitizations or CLOs) with another large bank.
- Excellent computer skills: Word, Excel & PowerPoint. Advanced knowledge of excel, VBA etc. is a plus
- Sound analytical thinking and high attention to detail
- Strong communication skills – both verbal and written. Ability to speak articulately & strong business writing skills (error free, correct grammar, etc.)
- High level of personal motivation, strong interpersonal skills to work across continents
- Must be able to work in a fast paced production environment and juggle a variety of tasks (time management skills are important)
- Must be comfortable working independently and as part of a team
- Knowledge of corporate loans (specifically leveraged loans) or experience in Corporate Lending/Leveraged Finance
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. |
