Corporate Banking Associate 2nd year - Healthcare
Wells FargoAbout the role
About this role:
The Emerging Healthcare Technologies (EHT) group within Wells Fargo's Healthcare Corporate and Investment vertical is seeking an experienced Associate. EHT services clients ranging from start-up to early stages of growth and commercialization. The team focuses its efforts on subsectors such as Biotech/Pharma, Medical Device, Digital Health, Healthcare IT, Pharma Outsourcing, and Diagnostic & Life Sciences Tools.
In this role, you will be responsible for sourcing, building, and growing relationships within the Emerging Healthcare ecosystem and will have frequent interactions with prospects, clients and key investors to better understand how the EHT platform could meet their business needs.
In this role, you will:
- Drive execution and implementation of new product transactions for early stage healthcare companies by collaborating and consulting with peers, internal partners and stakeholders to maximize client experience
- Support senior bankers with organizing and setting up meetings with clients and investors to drive new business opportunities for the Healthcare Corporate & Investment Banking platform
- Assist senior bankers with the creation of pitch and other marketing materials
- Represent the bank in developing and maintaining relationships with early stage investors and clients
- Proactively perform market, investor, and company diligence on early stage healthcare companies
- Review and analyze market data, valuation analyses, models, and presentations that require research, evaluation, and exercise independent judgment to guide medium risk deliverables
- Present recommendations for growing and maintaining a portfolio of strategic and profitable clients through proactive and consistent business development and client retention idea generation
- Manage Venture Capital database to effectively track growth and progress with specific relationships
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Required Qualifications:
- 2+ years of Corporate Banking Relationship Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Strong analytical skills with high attention to detail and accuracy
- Formal credit training/program
- Strong financial modeling skills
- Relevant work experience at an Investment Bank, Venture Capital Firm, Private Equity, or similar capital markets experience
- Ability to work effectively, as well as independently, in a team environment
- Ability to work in a fast-paced deadline driven environment
- Strong organizational, multi-tasking, and prioritizing skills
- Excellent verbal, written, and interpersonal communication skills
- Highly Collaborative Team Player
- Strong analytical and quantitative skills
- Life Sciences Background, experience or education
Job Expectations:
- FINRA Series 63, 79, and the Securities Industry Essentials (SIE) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
- Ability to travel up to 10% of the time
Additional Compensation Details:
- Base Salary - $135,000 USD
Posting Location:
- 125 High St, Boston, MA 02110
- 333 Market St, San Francisco, CA 94105
This position may be subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.1
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