About this role:
Wells Fargo is seeking Investment Banking Associates to join our Mid-Cap Investment Banking team in our Chicago, IL and Los Angeles, CA locations. Associates are 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 across diverse sectors. Primary sectors covered include Industrials and Consumer & Retail, but may also include Technology, Media & Telecom, Oil & Gas and others based on client needs.
In this role, you will:
- Work to support the business strategy and relevant teams to expand Wells Fargo's investment banking activities in the region
- Support senior bankers with 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 establish 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:
- 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 a leading securities firm
- Robust modeling experience relating to M&A and LBO related transactions
- 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
- Ability to function both independently and as part of a team while meeting stringent deadlines and work quality standards
- Prior experience working in a demanding, highly focused, collaborative, team environment
- Strong team player that works with a high level of 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
- 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 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.
- For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required.
- This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
- Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
Work Location:
- Chicago, IL 60606 - 10 S Wacker
- Los Angeles, CA 90067 - 1800 Century Park E
Salary Ranges IL and CA:
- 1st year base: $175K - $175K
- 2nd year base: $200K - $200K
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What We Do
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. Our technology professionals drive innovation, information security, and big data analytics while maintaining a network that handles more than 12 billion customer interactions a year. Join us! Are you looking for more? Find it here. At Wells Fargo, we're more than a financial services leader – we’re a global trailblazer committed to driving innovation, empowering communities, and helping our customers succeed. We believe that a meaningful career is much more than just a job – it’s about finding all of the elements to help you thrive, in one place. Living the Well Life means you’re supported in life, not just work. It means having robust benefits, competitive compensation, and programs designed to help you find work-life balance and well-being. You’ll be rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it – Wells Fargo once again ranked in the top three – making us the #1 financial services employer – on the 2025 LinkedIn Top Companies list of best workplaces “to grow your career” in the U.S. 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. © 2026 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.
Why Work With Us
We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked in the top 3 on the 2025 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S.
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