Wells Fargo Commercial and Corporate Lending Analyst- Financial Analyst Program

Hey guys,

I have a unexpected interview with WF tomorrow. A for OCR slot opened up for me out of the blue so I didn't really prep for it. Can anyone tell me how the interview is structured? Is it mostly behavioral or a lot of technicials? I'm not too familiar with commercial or corporate banking so all help will be appreciated....silver bananas to though who share some insight on the interview. Thanks a lot!

8 Comments
 
Best Response

I have not specifically interviewed with WF's commercial banking program, but I’ve had similar interviews at other banks. From my experience, mostly fit - tell us about yourself, why us, why this program, etc . The technicals are focused around knowing the statements and how they flow together. If you've prepped for an IB interview, you will be more than adequately prepared.

 

I have a buddy who's there, the offers were given non-location or group specific. So he coulda technically got stuck in Charlotte or San Fran or placed in NY, same with the groups. So you can accept the offer, and then get put into ECM in Charlotte rather than M&A in NY (dunno if either location has the groups just an example) if your sell day doesn't go as planned, or if that is where they need analysts.

 

You should def have a decent understanding of how credit works:

-Have a general understanding of the 5 "C's"

-What makes a good borrower (hint; stable or growing cash flows leading to adequate repayment sources, low existing debt burden, stable or growing industry trends, etc).

Also, have a decent understanding of the current lending environment (hint; very low rates, but low demand from business due to regulatory and economic uncertainty).

 

Realizing this thread is 3 years old, but also that others will come to look at it:

In addition to those things mentioned of what makes a good borrower: Cash flow obviously is a pre-req, however there are two aspects of any loan:
1. Ability to repay and 2. Willingness to repay

You have to evaluate both -> the second part is extremely important but rarely mentioned.
If they can pay interest OR take a vacation, which are they going to do? This is key, especially in closely held companies.

 

hey, i also have a an interview with wells fargo for the financial analyst program. I've only heard from the recruiter but not the interviewer yet. still prepping for the interview, let me know how it goes and how i should prepare for it myself. ill do the same if hear from them first. thanks

 

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