Being within business controls, the role contributes to risk management by identifying and designing control methods to mitigate risk within the various lines of business, that include commercial banking, trading divisions, capital markets, global banking and corporate banking. On a day-to-day basis, I would shadow a new staff member from the various lines of business, who would assign me tasks and projects, so I directly contribute to business controls' overarching goals.
I got to see how the GRT team operated on a day to day basis and was able to get involved in a range of project there. There was a good combination of training me on the different product ls GRT sells and actually getting involved with hand on work which involved pricing deals, forecasting limit utilisations and creating pitch book material.
As I sat with various departments my days varied. Some days I would be reviewing legal documents, working on projects, sitting in client calls and talking to various senior lawyers in different departments in the bank. I also had personal development sessions twice a week where we were able to speak to guest speakers in the bank and learn about our own professional development.
My role as an intern varied every day and weekly as I was placed with different teams. Often it involved shadowing and training, but also a lot of practical tasks and even he chance to meet dealers face-to-face. More often than not, I was active in meetings and calls (both internally and externally) in which I could learn about CDF and other lines of business.
Analyzing a company's financial, operational, and management strengths or weaknesses to identify potential capital, balance sheet, and reputation risks. Identifying credit issues or challenges early on in the underwriting process and recommending ways to further mitigate risk. Preparing annual company financial reviews and underwriting memos focused on a company's leverage, key risk factors, repayment sources, cash flow, and service debt. Assessing the client's ability to repay debt and comply with financial covenants.
I attended meetings, understanding the business area and projects that were taking place. Online mandatory training courses were set so I would complete those daily. Attended zoom calls to meet with employees in the business and get an overview of their role and journey into Wells Fargo. Speaker series were organized, in order to network with employees in different areas of Wells Fargo.