Corporate Banking Intern Review
at Wells Fargo
Internship (1 Month+)
Banking
London
Review Submitted: August 2021
Overall Rating
4.5 /5
The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!
4/5
-
Overview of Role
5/5
-
Skills Development
4.5/5
-
Support and Guidance
4/5
-
Company Culture
5/5
-
Overall Experience
4/5
-
Future Career Prospects
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis.
Analyzing a company's financial, operational, and management strengths or weaknesses to identify potential capital, balance sheet, and reputation risks. Identifying credit issues or challenges early on in the underwriting process and recommending ways to further mitigate risk. Preparing annual company financial reviews and underwriting memos focused on a company's leverage, key risk factors, repayment sources, cash flow, and service debt. Assessing the client's ability to repay debt and comply with financial covenants.
Were you given much responsibility during your placement / internship?
I was given a lot of responsibility during my internship to complete my work. During the beginning, I was given a project to track potential clients, collate their financial information and run a pricing analysis to have all pertinent information in one place. I was also required to complete ESG reports, Industry Overviews and Update company financial information. For all of these, I was asked to complete them myself but had someone on hand to help.
Please rate how meaningful the work you were doing was
4/5
Skills Development
Have you learnt any new skills, or developed your existing skills?
I learnt how to network with individuals across the company, how to brand myself through professional development sessions offered and to work in a team through preparing presentations. I developed confidence whilst delivering presentations, communication skills reaching out to people to connect, analytical and financial skills via completing ESG reports, pricing analysis's and Industry overviews. I also developed time-management and organisation skills when working with active deadline to make sure I'm making progress.
How would you rate the training provided during your experience?
5/5
How would you rate your development of industry-specific skills during the experience?
5/5
How would you rate your development of personal / soft skills during the experience?
5/5
Please rate how these skills have helped you in your career development
5/5
Support and Guidance
How much support and guidance did you receive during your placement / internship?
I was given a lot of responsibility during my internship to complete my work. During the beginning, I was given a project to track potential clients, collate their financial information and run a pricing analysis to have all pertinent information in one place. I was also required to complete ESG reports, Industry Overviews and Update company financial information. For all of these, I was asked to complete them myself but had someone on hand to help.
How would you rate the support and guidance from your line manager?
4/5
How would you rate the support and guidance from the wider team?
5/5
Company Culture
What was the company culture and general atmosphere like?
The company culture was extremely positive. Everyone I met were helpful, pro-active about making this a good internship experience and kind. When I reached out to people to connect about their roles and responsibilities, they were more than happy to help and shared their honest experiences of their career journey thus far and how they enjoyed their day-to-day work as well. Even when I went in to office, people were generous and offered to take me out for coffee and made sure I had everything I needed.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the social opportunities?
4/5
How would you rate the diversity initiatives?
4/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
3/5
Overall Experience
To what extent did you enjoy your placement / internship?
I really enjoyed my internship with Wells Fargo. Right from the get go, they made sure to communicate everything with me clearly, respond to any queries I had during my application process and help me with what I needed. Even during the internship, people responded to any problems I had in a positive manner and tried to help. I was given a lot of control over my tasks and my buddy ensured that I had enough work everyday.
Please rate your level of enjoyment on your placement / internship
5/5
Please rate how your experience met your expectations
5/5
Future Career Prospects
Please rate the future employment prospects at Wells Fargo
4/5
Recommendations & Advice
Would you recommend Wells Fargo to a friend?
Yes
What advice would you give to others applying to Wells Fargo
Wells Fargo values individual personalities, characteristics and motivations as opposed to a ton of financial knowledge and skill (although this is appreciated as well). My interview process focused on my competency and my specific interests in banking as opposed to how much previous experience I had in the banking industry so focus on developing your skills and finding a way to apply them to the role you apply for. I would say reach out to people on LinkedIn as everyone wants to help.
