Business Controls Intern Review

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.

Through work experience, I have found my academic experiences in economics and accounting translate well to the banking environment, where I can see concepts learned in class being applied in a practical setting. Moreover, the ability to practice with the perennial tools of finance, such as Excel is invaluable, and simply can't be replicated outside of the working environment.

In short; yes, most definitely. Everything from frequent contributions in meetings, to being offered projects that extended over weeks of the internship, interns directly aid meaningful tasks. Exposure to managers of all levels almost gives an impression of a flat hierarchical structure. 1:1 coffee chats with managing directors were a norm and encouraged.

Wells Fargo place with you a mentor/buddy who've worked in the industry for a number of years and offer a wealth of knowledge. Further, every individual I worked with were keen to help and provide guidance when needed. Moreover, biweekly sessions delivered by the learning and development team offer insights into the wider bank, provide support, and help to develop essential soft skills.

Wells Fargo have a welcoming culture and pleasant work atmosphere. All the long-time banking workers I spoke with positively contrasted the Wells Fargo culture with that of other banks. Diversity initiatives are numerous and there are plenty of opportunities to get involved with clubs such as the book club.

It's been an absolute blast and I've already been seeking opportunities to return in the future.

Yes

Be yourself and make sure your personality is infused into your application. It's not about being the perfect candidate, they don't exist, be you. Definitely put effort into interview preparation such as practicing competency questions. If assigned any tasks, such as creating a presentation, be sure to put plenty of effort into it, as it is a competitive process.