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2026 Investment Banking Summer Associate Program (Chicago) - Early Careers
full-timeChicago

Summary

Location

Chicago

Type

full-time

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About this role

2026 Investment Banking Summer Associate

Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services to over 12,000 clients around the world, including over 90% of the S&P 500.

A trusted partner to our clients, we provide corporate and transaction 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.

The 10-week Summer Associate Program is designed for MBA students between their first and second year. You’ll be aligned to a product or industry group and immediately contribute to active client engagements. The program includes immersive training, project-based learning, senior leader engagement, and networking opportunities across business lines. You will be part of a focused, high-performing team that supports clients through strategic transactions and capital raising. From day one, you will engage in live projects, build relationships with clients and senior bankers, and contribute to the work that helps our clients achieve their objectives in today’s dynamic environment.

What to Expect

The program begins with seven weeks of comprehensive training in Charlotte, covering financial accounting, credit analysis, valuation, and modelling.

Following training, you will step directly into deal execution and client advisory work. Your responsibilities may include:

  • Building valuation models and supporting transaction execution
  • Conducting company and industry research
  • Preparing client materials and pitch presentations
  • Participating in diligence sessions, client meetings, and internal discussions
  • Collaborating with senior bankers on engagements across sectors and geographies
  • Supporting the development of junior team members

Throughout the program, you will receive hands-on coaching, mentorship, and ongoing feedback to support your development.

Is This Program Right for You?

We are looking for candidates who bring curiosity, accountability, and a sharp analytical mindset. You should be comfortable working in a fast-paced environment, taking initiative, and collaborating with peers and leaders alike. 

Required Qualifications

  • 2+ years of investment banking program experience or equivalent, demonstrated through work, military service, training, or education

Desired Qualifications

  • MBA with an expected graduation date of December 2026 to June 2027
  • Strong verbal and written communication skills
  • Ability to operate effectively both independently and in teams
  • Advanced Microsoft Office (Excel, PowerPoint, Word) skills
  • Track record of leadership or involvement in professional or academic initiatives

Program Locations

Positions are available in Chicago.

Pay Range:

IL (Chicago): $175,000 Yearly

This position may be subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).

$126,400.00 - $262,600.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Posting End Date:

31 Jan 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees 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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

 

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Other facts

Tech stack
Investment Banking,Financial Accounting,Credit Analysis,Valuation,Modelling,Research,Communication Skills,Microsoft Office,Leadership,Team Collaboration,Client Engagement,Analytical Mindset,Initiative,Project Management,Mentorship,Diligence Sessions

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Relevant military experience is considered for veterans and transitioning service men and women. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.© 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Financial Services

What you'll do

  • The Summer Associate will engage in live projects, build relationships with clients and senior bankers, and contribute to strategic transactions and capital raising. Responsibilities include building valuation models, conducting research, preparing client materials, and collaborating with senior bankers.

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Frequently Asked Questions

What does a 2026 Investment Banking Summer Associate Program (Chicago) - Early Careers do at Wells Fargo?

As a 2026 Investment Banking Summer Associate Program (Chicago) - Early Careers at Wells Fargo, you will: the Summer Associate will engage in live projects, build relationships with clients and senior bankers, and contribute to strategic transactions and capital raising. Responsibilities include building valuation models, conducting research, preparing client materials, and collaborating with senior bankers..

Why join Wells Fargo as a 2026 Investment Banking Summer Associate Program (Chicago) - Early Careers?

Wells Fargo is a leading Financial Services company.

Is the 2026 Investment Banking Summer Associate Program (Chicago) - Early Careers position at Wells Fargo remote?

The 2026 Investment Banking Summer Associate Program (Chicago) - Early Careers position at Wells Fargo is based in Chicago, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the 2026 Investment Banking Summer Associate Program (Chicago) - Early Careers position at Wells Fargo?

You can apply for the 2026 Investment Banking Summer Associate Program (Chicago) - Early Careers position at Wells Fargo directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Wells Fargo on their website.