Investment Banking Associate - FFG

About this role:
Wells Fargo, CIB Fund Finance Group is seeking an Investment Banking Program Associate to join its Charlotte or New York office.
The Fund Finance Group provides fund-level financing to private equity funds and other asset managers through structured credit facilities. Fund Finance is part of the Corporate and Investment Bank (CIB).
The Investment Banking Program Associate on the Fund Finance Group will cover a portfolio of existing and prospective clients (fund sponsors) and will be part of lean deal teams that include senior and junior team members within the assigned portfolio. The Program Associate role includes both (i) structuring, credit analysis, and execution of new subscription facilities and (ii) maintenance (including ongoing credit and legal work), collateral analysis, and monitoring of existing Fund Finance credit facilities.
In this role, you will:
Manage Day to day job responsibilities for new deals include:

• Creating pitches/term sheets
• Preparing borrowing base calculations in excel
• Leading due diligence meetings
• Writing detailed credit memos
• Working closely with internal and external counsel to negotiate legal documentation; and
• Working closely with analysts and internal partners to manage internal compliance, booking, and funding processes.

Manage Day to day job responsibilities for existing deals include:

• Maintaining client relationships, including researching and reconciling questions/discrepancies and proactively ensuring that all deal requirements are met
• Negotiation, structuring, and execution of amendments and other facility modifications
• Supporting team members in collateral analysis and compliance tracking
• Monitoring financial performance and internal credit ratings of borrowers and limited partners
• Periodic client due diligence
• Annual reviews and contributing to portfolio analysis across the broader Fund Finance team portfolio.

Both aspects of the role include meaningful direct client interaction and interaction with Credit. The Fund Finance team also works closely with the Syndications team, other product groups (e.g. FX and treasury management), and relationship coverage platforms across the institution.
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 front office or credit experience at a major firm with a focus in finance
• Bachelor's Degree in Business, Finance, Accounting, Math, Economics or Engineering (or MBA)
• Experience with originating and monitoring subscription facilities, asset backed finance, securitization, or other structured products
• Familiarity with private equity funds.
• Formal credit training program
• CFA.
• Excel modeling and/or VBA experience.
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Ability to work effectively, as well as independently, in a team environment
• Ability to work in a fast-paced deadline driven environment
• Credit underwriting experience
• Experience in structured finance or investment banking is preferred
• Experience in fixed income capital markets, fixed income private placement market, or loan market/corporate finance
• Experience reading, negotiating, and/or interpreting legal documents
• Leadership experience and/or experience training others in a relevant professional capacity
• Able to review and interpret financial statements
• Experience monitoring covenants and client reporting
• High level of personal motivation. Does more than what is asked for and anticipates questions/issues.
• Direct client interaction experience, including some experience interacting with senior decision makers.
• Ability to manage a high-volume workload while maintaining excellence and consistency of work. Ability to quickly change focus and stay organized is a must.

Job Expectations:

• Ability to travel up to 15% of the time.
• Willingness to work 55-70+ hours per week, depending on workload.
• 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. FINRA recognized equivalents will be accepted.
• Registration for FINRA Series 79 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
• Registration for Securities Industry Essentials (SIE) exam 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

Additional Compensation Details:

• Base pay range for NY and NC: $175,000-$200,000
• May be considered for an annual discretionary bonus

Pay Range
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.
$120,400.00 - $287,600.00
Benefits
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

Posting End Date:
22 Aug 2025
* Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
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