Business Controls Intern Review
at Wells Fargo
Internship (1 Month+)
Banking
EC3R
Review Submitted: October 2021
Overall Rating
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!
5/5
-
Overview of Role
5/5
-
Skills Development
5/5
-
Support and Guidance
5/5
-
Company Culture
5/5
-
Overall Experience
5/5
-
Future Career Prospects
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis.
Being within business controls, the role contributes to risk management by identifying and designing control methods to mitigate risk within the various lines of business, that include commercial banking, trading divisions, capital markets, global banking and corporate banking.
On a day-to-day basis, I would shadow a new staff member from the various lines of business, who would assign me tasks and projects, so I directly contribute to business controls' overarching goals.
On a day-to-day basis, I would shadow a new staff member from the various lines of business, who would assign me tasks and projects, so I directly contribute to business controls' overarching goals.
Were you given much responsibility during your placement / internship?
In short; yes, most definitely.
Everything from frequent contributions in meetings, to being offered projects that extended over weeks of the internship, interns directly aid meaningful tasks.
Exposure to managers of all levels almost gives an impression of a flat hierarchical structure. 1:1 coffee chats with managing directors were a norm and encouraged.
Everything from frequent contributions in meetings, to being offered projects that extended over weeks of the internship, interns directly aid meaningful tasks.
Exposure to managers of all levels almost gives an impression of a flat hierarchical structure. 1:1 coffee chats with managing directors were a norm and encouraged.
Please rate how meaningful the work you were doing was
5/5
Skills Development
Have you learnt any new skills, or developed your existing skills?
Through work experience, I have found my academic experiences in economics and accounting translate well to the banking environment, where I can see concepts learned in class being applied in a practical setting.
Moreover, the ability to practice with the perennial tools of finance, such as Excel is invaluable, and simply can't be replicated outside of the working environment.
Moreover, the ability to practice with the perennial tools of finance, such as Excel is invaluable, and simply can't be replicated outside of the working environment.
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?
Wells Fargo place with you a mentor/buddy who've worked in the industry for a number of years and offer a wealth of knowledge. Further, every individual I worked with were keen to help and provide guidance when needed.
Moreover, biweekly sessions delivered by the learning and development team offer insights into the wider bank, provide support, and help to develop essential soft skills.
Moreover, biweekly sessions delivered by the learning and development team offer insights into the wider bank, provide support, and help to develop essential soft skills.
How would you rate the support and guidance from your line manager?
5/5
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?
Wells Fargo have a welcoming culture and pleasant work atmosphere. All the long-time banking workers I spoke with positively contrasted the Wells Fargo culture with that of other banks.
Diversity initiatives are numerous and there are plenty of opportunities to get involved with clubs such as the book club.
Diversity initiatives are numerous and there are plenty of opportunities to get involved with clubs such as the book club.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the social opportunities?
5/5
How would you rate the diversity initiatives?
5/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
5/5
Overall Experience
To what extent did you enjoy your placement / internship?
It's been an absolute blast and I've already been seeking opportunities to return in the future.
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
5/5
Recommendations & Advice
Would you recommend Wells Fargo to a friend?
Yes
What advice would you give to others applying to Wells Fargo
Be yourself and make sure your personality is infused into your application. It's not about being the perfect candidate, they don't exist, be you.
Definitely put effort into interview preparation such as practicing competency questions.
If assigned any tasks, such as creating a presentation, be sure to put plenty of effort into it, as it is a competitive process.
Definitely put effort into interview preparation such as practicing competency questions.
If assigned any tasks, such as creating a presentation, be sure to put plenty of effort into it, as it is a competitive process.
