Corporate Credit Team Associate - SPG Corporate Debt Finance

Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to clients, 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 globally.

Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending, and cash products across Structured Products Group, Macro, Equities, Municipal Products Group, and Credit Sales & Trading.

About the role

Wells Fargo is seeking an Associate to join the Corporate Debt Finance (CDF) group. This role will serve as a core member of the Corporate Credit Team (CCT) within CDF, part of Wells Fargo's Structured Products Group (SPG). Corporate Debt Finance provides capital to asset managers and other non-bank financial institutions through structured credit facilities and collateralized loan obligations. The Corporate Credit Team consists of leveraged loan professionals responsible for client due diligence, independent credit underwriting, direct lending market research, and ongoing portfolio surveillance of leveraged loan investments and related leverage facilities that support financing extended to CDF's clients.

This role is well-suited for candidates seeking meaningful underwriting responsibility across a diverse portfolio of loans and industries, regular exposure to senior decision-makers, and the opportunity to develop as an independent credit professional within direct lending and structured credit.

Responsibilities

• Credit Analysis & Surveillance of Leveraged Loans
  • Perform fundamental credit analysis of leveraged loan issuers, including business risk, financial risk, capital structure, and downside scenarios.
  • Review borrower financial statements, operating performance, and transactions (primary market activities, amendments) to support credit underwriting and ongoing surveillance.
  • Review performance trends of collateral at both the individual loan and portfolio level and identify key risks, changes in credit profile, and emerging themes for escalation or further diligence.
  • Develop independent credit opinions with respect to underlying loan collateral and present findings to senior team members and credit officers.
• Credit Facility Underwriting & Approval Support
  • Support senior team members in the underwriting, structuring, and approval of leverage facilities, including CLO warehouse and other structured credit facilities, with meaningful responsibility for analysis execution and work product quality.
  • Prepare and contribute to credit memoranda and approval materials supporting new facilities, amendments, renewals, and other approval actions.
  • Participate actively in the client due diligence process through preparation of meeting materials, analysis of underlying portfolios, and engagement in client discussions.
  • Evaluate eligibility, advance rates, concentration limits, and other structural features of leverage facilities in connection with underwriting decisions.
  • Liaise with clients and internal partners (e.g., Capital Markets, Legal, Operations) throughout the underwriting and approval process.
  • Present credit analysis, structural considerations, and recommendations to senior team members and credit officers.
• Market Intelligence & Reporting
  • Derive and share market updates from various sources (clients, news, professional networks); cultivate a strong understanding of the Direct Lending landscape—the players, roles, risks, opportunities—and speak to market dynamics with audiences internal and external.
  • Monitor direct lending and leveraged loan market activity to support underwriting views and portfolio surveillance.

Requirements

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

Qualifications

• Experience in corporate credit underwriting, leveraged finance, private credit, or direct lending, including credit memo preparation and financial analysis.
• Completion of, or current enrollment in, a formal corporate credit training program (e.g., internal bank programs or third-party credit training).
• Strong Excel skills for data analysis and reporting; experience with automation or data tools such as Databases, VBA, Power Query, Power BI, Alteryx, or similar is a plus.
• Strong technical and analytical skills, including cash flow analysis, leverage and coverage metrics, capital structure analysis, and downside scenario assessment.
• Working knowledge of leveraged loan markets, direct lending, and structured credit products.
• Excellent verbal, written, and interpersonal communication skills, with the ability to clearly articulate credit views in written memoranda and discussions with senior stakeholders.
• Effective organizational, multi-tasking, and prioritization skills with a strong attention to detail.
• Solid problem-solving skills and sound credit judgment, with the ability to operate with a high degree of independence.
• Ability to work effectively both collaboratively and independently in a fast-paced, deal- and deadline-driven environment.
• A BS/BA degree or higher in business administration, economics, finance, or a related field.

Job Expectations

• Ability to travel up to 10% of the time.
• Willingness to work on-site in accordance with current office requirements.
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. Individuals subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer.
• Successful candidates must meet and comply with ongoing regulatory obligations, including periodic screening and mandatory reporting of certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements.

Posting location: 550 South Tryon St. - Charlotte, North Carolina 28202