Finance Intern
About the job
- At least 6 months of work experience, or equivalent demonstrated through work experience, training, military experience, or education.
- Ability to collaborate as part of a team or committee.
- Ability to organize tasks, manage time, set priorities, and meet deadlines.
- Ability to articulate clearly and succinctly.
- Demonstrated problem-analysis and problem-solving skills.
- Ability to work effectively and independently in a collaborative and change-driven environment.
- Candidates must be presently authorized to work for any employer in the United States and must not require work visa sponsorship from Wells Fargo now or in the future.
- Candidates must be currently pursuing a bachelor's degree with an expected graduation date between December 2027 and June 2028.
- Intermediate Microsoft Office skills, including Word, Excel, Outlook, and PowerPoint.
- Basic proficiency in Power BI, Tableau, Alteryx, Python, SQL, and/or other analytics tools.
- Familiarity with artificial-intelligence-powered productivity tools, including chat-based assistants and built-in features such as Microsoft Copilot, and interest in using them responsibly.
- Pursuing a bachelor's degree in Finance, Accounting, Business Data & Analytics, Economics, Statistics, Applied Math, or Business Administration/Business Management.
- Knowledge, interest, and/or experience in the financial services industry, corporate accounting, data management and reporting, data visualization, and/or data analytics.
- Support and engage with finance teams across Consumer Banking and Lending Finance, Wealth and Investment Management Finance, Commercial Banking Finance, Corporate and Investment Banking Finance, Corporate and Strategic Finance, Chief Operating Office Finance, Investment Portfolio, Technology Finance, Treasury, Controllers Division, and Investor Relations.
- Gain experience across various finance disciplines while supporting Wells Fargo's expectations.
- Complete formal training through onboarding, orientation, and other program activities to prepare for a career in finance at Wells Fargo.
- Participate in coaching and networking activities supporting professional development.
- Gain exposure to multiple business lines and finance-related responsibilities.
- Participate in a ten-week internship program from June through August 2027.
- Excellent verbal, written, and interpersonal communication skills.
- Involvement in extracurricular enrichment activities such as volunteerism, student organization involvement, study abroad programs, leadership positions, or nonprofit involvement.
About the company
Wells Fargo provides banking, investment, and payment services to individuals, businesses, and institutions. Its products include checking and savings accounts, loans, credit cards, wealth management, and payments, accessible through branches, online and mobile platforms, and full payment rails. The company combines a wide national footprint with a long history and a business model that integrates banking, investment, and payments, supported by a large network of branches and ATMs. Its goal is to help customers manage money, grow wealth, and move funds safely and reliably.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Francisco, California
Founded
1851
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Simplify's Take
What believers are saying
- July 2026 second-quarter revenue rose 9% to $22.6 billion, beating estimates.
- July 2026 investment banking fees jumped 35% to $939 million, showing capital-markets momentum.
- 2026 card accounts grew 20% and commercial loans 12%, expanding fee and interest income.
What critics are saying
- January 2026 severance costs hit $612 million after 5,600 layoffs, signaling ongoing restructuring.
- CFPB’s 2022 $3.7 billion order keeps auto, mortgage, and deposit misconduct damage alive.
- One OCC AML enforcement action remains; another control failure triggers fresh penalties and leadership scrutiny.
What makes Wells Fargo unique
- June 2025 Fed lifted Wells Fargo’s $1.95 trillion asset cap, restoring balance-sheet growth.
- May 2026 Advisor Gateway gave 200-plus tools and BlackRock Aladdin analytics to wealth advisors.
- Wells Fargo still owns a top-tier U.S. branch franchise and $2.2 trillion wealth platform.
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Benefits
Health Insurance
401(k) Retirement Plan
Paid Vacation
Paid Sick Leave
Parental Leave
Disability Insurance
Life Insurance
Tuition Reimbursement
Commuter Benefits
Adoption Assistance
Company News
Wells Fargo will report third-quarter results before the market opens on October 13. Bank stocks face a tough backdrop as rising Treasury yields weigh on the sector. Shares fell 1.5% on October 7 after The Wall Street Journal reported a federal investigation into the bank's lending practices. The US Department of Housing and Urban Development is examining whether it violated fair lending laws. The stock is down nearly 7% over the past month and 10% so far in 2026. In the second quarter, Wells Fargo posted net income of $6.4 billion and revenue of $22.6 billion, up 9% year-over-year. Adjusted earnings per share were $1.96, against the consensus estimate of $1.73. Analysts rate the stock "Moderate Buy," with an average price target of $99.67.
DailyPay, the on-demand pay provider, has completed a $200 million asset-backed securitisation of its receivables. This marks the company's second such transaction, following a $200 million securitisation in June 2025. The New York-based firm now has approximately $1.4 billion in debt financing backed by its on-demand pay receivables, including a $960 million secured credit facility. DailyPay is the only on-demand pay provider to access the asset-backed securitisation market. The company serves more than 2,000 employers and over 6 million employees. Its platform allows workers to access wages they have already earned before payday, with DailyPay funding the transfers without affecting employer cash flow. Citi acted as lead bookrunner and structuring agent for the transaction.
Wells Fargo is in talks with Payward, the parent company of crypto exchange Kraken, to use it as a crypto liquidity provider, according to two people familiar with the matter who spoke to CoinDesk. Under the potential arrangement, Wyoming-based Payward would supply liquidity for digital asset trading. Both companies declined to comment. The discussions reflect a broader trend of major banks partnering with established crypto companies rather than viewing them as competitors. Regulatory changes under the Trump administration have accelerated this shift. The GENIUS Act, signed in July 2025, created a federal framework for payment stablecoins, giving banks clearer rules for connecting crypto markets to traditional finance. Wells Fargo already offers spot Bitcoin ETFs to eligible wealth clients and has backed crypto compliance firm Elliptic.
Morgan Stanley upgraded Wells Fargo to buy from hold on Monday, setting a $102 price target that implies 27% upside. The bank is scheduled to report third-quarter earnings next Tuesday. Wells Fargo shares are down roughly 12% this year, lagging major peers. The underperformance stems partly from margin pressures after the Federal Reserve lifted a $1.95 trillion asset cap in June 2025. Wells Fargo expanded rapidly using pricier wholesale funding, which hurt profitability. Morgan Stanley expects margins to improve as balance-sheet growth moderates and the bank shifts toward cheaper deposit funding. Investment banking also presents upside: Wells Fargo has hired 150 senior bankers over four years and doubled fee revenue since 2022, yet still lags peers. The firm forecasts return on tangible common equity will reach 18% by 2028.
NETSTREIT Corp. announced the closing of $550.0 million in additional financing commitments and amendments to its existing credit facilities agented by PNC Bank, National Association , Wells Fargo...