CIB Banking Product Delivery Analyst

$73,100 - $155,900/Yr

Wells Fargo - Charlotte, NC

Full-time - Entry Level

Charlotte, NC

Credit Intermediation and Related Activities

About the position

Wells Fargo is seeking a CIB Banking Product Delivery Analyst to join our Corporate & Investment Banking (CIB) team. This role is pivotal in delivering a comprehensive suite of capital markets, banking, and financial products and services to our clients. As a trusted partner, we provide corporate and transactional banking, commercial real estate lending and servicing, investment banking, equity, and fixed income solutions, including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe. The CIB Banking Product Delivery team is at the forefront of driving best-in-class Innovation and Technology initiatives that support the bankers and executives leading our coverage verticals, which include Consumer & Retail, Healthcare, Energy & Power, Banks & Financial Institutions, Industrials, Technology, Media & Telecommunications, Real Estate, Gaming, Lodging & Leisure, Sponsor and Regional Investment Banking, as well as product lines such as M&A, DCM, and ECM. The Business Execution Consultant will play a crucial role in collaborating with business users across CIB Banking, as well as with various internal teams such as WF Strategic Partnerships, Strategy, AI Center of Excellence, and Sourcing. Key activities for this position include coordinating with Banking Technology and multiple enterprise teams to guide the strategic development of Tech and Innovation initiatives. The analyst will research, evaluate, and test third-party vendor products to assess new capabilities for Banking, identify incremental costs or savings, and drive efficiencies while disrupting existing processes. Effective communication of product enhancements and facilitating constructive dialogue between business users and third-party vendors will be essential. Additionally, the analyst will structure product pilots and oversee the sunrise process, coordinating between third-party vendors, Banking Technology, and various enterprise teams. The role also involves assembling presentation materials to detail new opportunities, product capabilities, status updates, and key takeaways for senior management, as well as presenting product opportunities to enterprise teams overseeing model risk and Traditional/Generative AI functionality. Balancing workload with peers in the US and internationally is crucial to delivering timely work products in the fast-paced environment of Corporate & Investment Banking.

Responsibilities

• Coordinate with Banking Technology, multiple enterprise teams, and external consultants to guide the strategic development of Tech and Innovation initiatives.
• Research, evaluate, and test third-party vendor products regarding new capabilities for Banking, incremental cost or cost savings, and the ability to drive efficiencies and disrupt existing processes.
• Communicate product enhancements and facilitate constructive dialogue between business users and third-party vendors.
• Structure product pilots and oversee the sunrise process with coordination between third-party vendors, Banking Technology, and multiple enterprise teams.
• Assemble presentation materials to detail new opportunities, product capabilities, status updates, and takeaways for senior management.
• Present on product opportunities to enterprise teams which oversee model risk and Traditional/Generative AI functionality.
• Balance workload with peers, in the US and internationally, to deliver timely work product in the fast-paced environment of Corporate & Investment Banking.

Requirements

• 2+ years of financial or analytics experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Nice-to-haves

• Experience working in Investment Banking
• Experience with traditional Investment Banking product suite (Ratings Agencies, CapitalIQ, FactSet, Bloomberg, etc.)
• Experience in problem analysis, solution implementation, and change management
• Excellent verbal, written, and interpersonal communication skills
• Knowledge and understanding of strategic planning and execution
• Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
• Ability to articulate issues, risks, and proposed solutions to various levels of staff and management
• Ability to work effectively in a team environment and across all organizational levels - flexibility, collaboration, and adaptability are important
• Knowledge and understanding of Corporate & Investment Banking
• Advanced proficiency in Microsoft Excel and PowerPoint
• Ability to manipulate data sets (Business Intelligence Tools, Pivot Tables, Macros)

Benefits

• 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