Commercial Lending Intern - Distribution Finance

Job Description

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description

We are looking for someone interested in pursuing a career in commercial lending for a 12 month internship based out of Mississauga. The role will have exposure to different aspects of the commercial lending space (business-to-business lending). You will have the opportunity to organize key business initiatives, build and track commercial metrics for internal and external stakeholders. You will be also be planning and executing tactical activities and projects that directly support the implementation and optimization of efforts to grow sales/revenue/profit/market share in the Distribution Finance business. You will be responsible for collaborating with the marketing team to execute marketing campaigns and create solutions to strengthen vendor engagement. They will have the opportunity to work closely with commercial VPs, territory managers, as well as the finance and pricing teams.
The Commercial Lending intern will be comfortable building relationships with internal stakeholders at all levels and functions within the organization, able to work independently and collaboratively on deals and projects, and have a strong aptitude in finance and Microsoft office suite. Most importantly, you are interested in new opportunities for learning and have a passion to work in the commercial lending space.
The Commercial Lending intern will:

• Establish relationships with various Wells Fargo sales and functional groups to execute programs to achieve market penetration, service and profitability goals
• Maintain/develop knowledge of product and delivery channels, participate in defining and tracking sales goals and metrics
• Assist in generating executive review presentations for top management to meet with directors and CEO’s of program partnerships, by leveraging modern data visualization solutions
• Leverage technology to simplify internal processes while working with metrics and dashboards
• Monitor the integrity and accuracy of captured customer data; perform data governance and stewardship activities
• Support product research and development according to market trends and vendor demands
• Generate and execute appropriate communications, processes and sales training
• Aid in establishing strategies for the sales team members to create efficiency and market penetration including incentive programs and vendor rebate programs

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Market Skills and Certifications

Minimum requirements:

• Working towards the completion of a Bachelor of Commerce degree
• Possess strong analytical and critical thinking skills, with strong IT acumen : Excel and PowerPoint
• Excellent organizational and interpersonal skills; process-oriented, with strong attention to detail
• Strong oral and written communication skills
• Proactive, self-starter, independent worker with demonstrated ability to manage multiple priorities
• Ability to work within cross-functional teams and interact with other groups to achieve company and department objectives
• Possess strong collaboration skills with ability to work independently

Preferred skill:

• Bilingual (French and English)
• Qlikview, SQL and Sales Force

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We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Team members 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.