Wells Fargo CLO Banking Associate

The Structured Products Group (SPG) within Wells Fargo Corporate Investment Bank is looking for an Associate to join in New York or Charlotte. The candidate will be a member of the Corporate Debt Finance (CDF) team with primary focus on origination and execution of collateralized loan obligation (CLO) transactions and asset backed credit facilities. In this role, you will: Provide support in the origination and execution of primary CLO transactions working closely across structuring and syndicate throughout the deal process Interact with CLO issuers and asset manager clients, investors, rating agencies, legal counsel, and internally with syndicate and sales, middle office and operations personnel Carry out the execution process of a transaction, including marketing materials, documentation, guidance on structuring and deal modeling, rating agency correspondence, investor requests and analysis Work closely with senior members of the team to help drive growth of the CLO franchise in generating new issue mandates by connecting CLO managers and debt and equity investors Assist in the underwriting and execution of asset backed lending facilities including both broadly syndicated CLO warehouses and middle market lending facilities Facilitate term sheets and legal documents, manage the diligence and credit approval processes and oversee the portfolio management of credit facilities Required Qualifications 2 years of Investment Banking experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications 2 years of experience in CLOs, structured products and/or leveraged finance Excellent verbal, written and interpersonal communication skills Proven client relationship skills as well as extensive product knowledge and technical expertise Outstanding problems solving and decision-making skills Proficient in Microsoft Office, particularly Excel, Word and PowerPoint Strong organizational, multi-tasking and prioritizing skills Ability to execute in a fast paced, high demand environment while balancing multiple priorities Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration and adaptability are important Strong analytical skills with high attention to detail and accuracy Ability to adapt to a constantly evolving landscape Ability to prioritize and resolve issues in a timely manner BS/BA degree or higher in accounting, finance or economics Job Expectations Ability to travel up to 10% of the time 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. Location: New York or Charlotte 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: 2 Feb 2025 *Job posting may come down early due to volume of applicants. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. 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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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. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.