Interning their way up the corporate ladder
About 800 undergraduate and graduate students recently completed their 10-week, paid internships with Wells Fargo, getting a preview of life as a team member.
As he began his summer internship, Ajar Rajbhandary never expected to work on a report for Wells Fargo’s CEO and board of directors. But that was one of the projects the senior at Emory University completed while interning for Wells Fargo’s Corporate Risk team in Charlotte, North Carolina.
“Being exposed to this real‑life experience has really helped me understand the importance of risk and how a big bank like Wells Fargo leverages risk management to reduce the risk to their clients and customers,” Rajbhandary said.
He is one of about 800 undergraduate and graduate students who spent their summers in 10‑week, paid internships for various lines of business at Wells Fargo offices across the country. At the conclusion of their internships, some students were even offered full‑time jobs, beginning after graduation.
“They’re doing tangible, challenging work during their internships,” said Leah Stewart, head of recruiting for Wells Fargo’s University Programs. “The work is a good preview of what they’d experience as a team member.”
While Rajbhandary worked on the enterprise risk report for the company CEO, fellow intern Andrew Morales, a senior at Lewis & Clark College, researched equities and funds and drafted life insurance and annuity proposals during his internship with Wells Fargo’s Wealth and Investment Management team in Washington, D.C. Morales said the experience was challenging, but he appreciated that his manager was supportive and provided clear objectives.
“If it had not been for this experience, I don’t think I would have entered banking or finance in general, because I think it can be a little bit intimidating,” Morales said. “There’s just so much going on and so many terms that might scare some people, because there’s a huge learning curve. Even though Wells Fargo is such a large company, you really do feel like you’re part of a community. People actually care about your growth and your development. You’re not just a part of a huge company. You’re somebody. You’re somebody who could advance. You’re somebody who could succeed and make just a wonderful career out of the opportunities that are available here.”
Experiencing Wells Fargo’s culture
In addition to performing their day‑to‑day tasks, interns were able to see what it might be like to move to a new city for a job and experience firsthand the culture at Wells Fargo.
Allyson Guo, a senior at University of California, Berkeley, interned with Wells Fargo Commercial Banking in San Jose, California. She said she enjoyed the support and enthusiasm from her team and throughout the office, whether it was while grabbing coffee or finishing a project together.
“I’ve seen that a lot of banks have been focused on deals, and they’re driven by numbers,” Guo said. “At Wells, we are always about the relationship maintenance and relationship development with people. I think that can be also seen in my internship experience, when people are really focused on how I’m doing on a day‑to‑day basis, versus gathering a big survey and looking at the data trend.”
Suhail Alnahari, a graduate student at the University of Minnesota, said Wells Fargo’s culture, in addition to its innovation and growth, were what attracted him to an internship with Audit Services in Minneapolis. He said the internship allowed him to better understand audit practices, increase his attention to detail, and communicate more effectively, but his favorite thing was volunteering and attending events that allowed him to get to know his colleagues better.
“Having had this experience, my career outlook now is so much better, as I’m better able to make connections and develop relationships,” Alnahari said. “This experience here overall was great, and I look forward to hopefully seeing everyone again next summer.”
Interested in Wells Fargo’s internship program?
Find out more about the internships and other Wells Fargo university programs.