Full-Time

Sophomore Discovery Fellowship Program

Posted on 1/14/2025

Wells Fargo

Wells Fargo

10,001+ employees

Provides banking, mortgage, and investment services

Fintech
Financial Services

Compensation Overview

$25 - $30Hourly

Entry

No H1B Sponsorship

Charlotte, NC, USA

Corporate housing provided for the program's duration.

Category
Commercial Banking
Corporate Finance
Investment Banking
Finance & Banking
Requirements
  • 6+ months of work experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Ability to work effectively, as well as independently, in a team environment
  • Ability to work in a fast-paced deadline driven environment
  • Strong analytical skills with high attention to detail and accuracy
  • Excellent verbal, written, and interpersonal communication skills
  • Demonstrated interest in finance and the financial markets
  • Proven ability to take on significant responsibility
  • Energetic self-starter who is flexible, organized, conscientious, and proactive
  • An individual who demonstrates a sense of personal accountability and urgency for achieving results
  • Dedication to building a career in the financial services industry
  • Relevant internship experience
  • Bachelor’s degree with an expected graduation in December 2026 or May/June 2027
Responsibilities
  • Opportunity to job shadow and experience on-the-job training
  • Robust week-one of induction to include technical and soft skills training
  • Rotational program structure to provide exposure to multiple teams within one of these lines of businesses: Commercial Banking, Corporate and Investment Banking, Internal Audit, Public Affairs, Chief Operating Office, or Technology
  • Networking with current members of the early talent programs and learning about the day-to-day roles and responsibilities
  • Executive Speaker Series, lunch and learns, and cross business networking events
  • Interaction with summer cohort on projects and presentations
  • Formal evaluations at the end of each rotation

Wells Fargo offers a variety of financial services, including banking, mortgages, investing, and credit solutions for individuals, small businesses, and commercial clients. The company operates mainly in the United States and serves millions of customers through its branches, ATMs, and online platforms. Its products work by generating revenue through interest on loans, fees for banking services, and commissions from investment products. What sets Wells Fargo apart from its competitors is its focus on providing personalized financial solutions and resources for financial education and security. The company's goal is to help clients achieve their financial objectives by offering tailored services like personal loans, credit cards, home mortgages, and investment advice.

Company Stage

IPO

Total Funding

$222.1M

Headquarters

San Francisco, California

Founded

1851

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for digital banking enhances Wells Fargo's digital platform opportunities.
  • Interest in ESG investing allows Wells Fargo to offer sustainable financial products.
  • Fintech partnerships enable Wells Fargo to enhance technological capabilities and innovation.

What critics are saying

  • Increased competition in the credit facility market may reduce Wells Fargo's market share.
  • Overexposure to the self-storage sector could pose risks if the sector declines.
  • Large corporations raising capital through share sales may impact Wells Fargo's loan revenue.

What makes Wells Fargo unique

  • Wells Fargo offers a wide range of tailored financial solutions.
  • The company emphasizes financial education and security for its customers.
  • Wells Fargo has a strong presence in the U.S. with extensive branch and ATM networks.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Parental Leave

Disability Insurance

Life Insurance

Tuition Reimbursement

Commuter Benefits

Adoption Assistance

INACTIVE