2027 Management Development Program - Family Wealth- Wilmington, DE

M&T Bank Corporation; Wilmington (DE); On-site; USD 43,000 - 61,000; Full time

Benefits offered by this job

Medical coverage

Retirement plan

Volunteer time

Job summary

M&T Bank Corporation offers a Management Development Program (MDP) in Wilmington, DE, featuring ten weeks of Core Training and a year of On-the-Job training. Participants work with Wealth Advisors to learn Wilmington Trust processes and products while building a local market understanding.

After year one, participants continue training toward managing their own portfolio, with opportunities to earn certifications and advance to client-facing roles within wealth management.

Qualifications

• Bachelor's degree candidate at a school where M&T Bank recruits MDPs (or an MBA student with no work experience).
• Outstanding academic credentials (GPA 3.0 or better).
• Up to 1 year work experience.
• Outstanding written and verbal communication skills.
• Demonstrated interpersonal and analytical skills.
• Demonstrated computer and presentation skills.
• Demonstrated leadership abilities.
• Work visa sponsorship not offered for this role.

Responsibilities

• Participate in and complete a one-year long, non-rotational training program while creating and adding value to assigned department.
• Receive job specific training, general training in banking, communication and leadership, and personalized coaching and feedback.
• Performance measures include objective test scores, peer and sponsor feedback, and annual performance appraisal.
• Develop skills in sales, accounting, project management and leadership depending upon career track.

Education

Bachelor's Degree

Job description

Overview

Serves as a member of the Management Development Program (MDP) and participates in ten weeks of Core Training and one year of On-the-Job training (OJT). Core Training responsibilities include participation in classroom training, observations of departmental presentations, interaction with senior management, peer networking, and working in teams on group project assignments. OJT responsibilities vary by department and are assigned by the department manager. The position may be responsible for additional projects assigned by the department manager or Leadership Development Manager

Department Description

When our clients need financial services outside of their core wealth management solutions, we have the resources to help. Our Wealth Management team will coordinate the delivery of any additional services they need, always with the client's convenience in mind. We can also recommend more comprehensive options if the client, their family, or their business needs specialized expertise.

Department Responsibilities

You'll join a small cohort within our Wealth Management division to gain experience on becoming a Wealth Associate. When starting with the team you'll learn from Wealth Advisors to learn about the Wilmington Trust service processes and the products we offer clients. Additionally, you'll develop your knowledge of the local market and how it aligns with clients' needs.

Your additional responsibilities could include:

• Develop your knowledge of financial markets, Wilmington Trust investment process and wealth offerings, and articulate current and relevant market information
• Maintain a knowledge of various bank resources to assist in the facilitation of client services delivery and expand relationships
• Serve as support associate to Wealth and Investment advisors as required
• Participate in sales effort, continuing to partner with team to develop additional opportunities for clients

HOW YOU CAN GROW YOUR CAREER

After completion of your first year with the team, you'll continue your partnership and with continuous training and support work towards building your own portfolio of business, eventually becoming a Wealth Advisor or Investment Advisor Associate. There is the opportunity to gain certifications and work towards continuing your career in a client facing role.

Primary Responsibilities

Participate in and complete a one-year long, non-rotational training program while creating and adding value to assigned department. Receive job specific training, general training in banking, communication and leadership, and personalized coaching and feedback. Performance measures may include several objective test scores, peer and sponsor feedback from group projects, facilitator feedback, Leadership Development Manager-MDP feedback, Department Manager feedback, final assessment score, and year-end performance appraisal from Department Manager.

Core Training

Participate in training throughout the one-year assignment to learn banking, basic financial skills, technical skills, and leadership/interpersonal skills. Develop a solid understanding of banking functions, processes, and operations.

Group Projects

Participate in group project assignments, working with a team of their peers to build relationships within their teams as well as with project sponsors, internal and external contacts, and senior management. Teams make a presentation to senior management at the conclusion of each project providing recommendations and potential project solutions.

On-the-Job Training

The fundamental skills taught in core training are combined with On-the-Job training based on the incumbent's assignment. Job specific training teaches departmental policies, procedures, systems, and products. Upon completion of MDP, all incumbents attain basic skills necessary to contribute as individual contributors and/or managers in their assigned department.

Compliance and Risk

Complete tasks in a manner that are compliant with applicable laws and regulations and/or that serve to help the Company be in compliance with laws and regulations that apply to the business line the position supports. Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management. Promote an environment that supports belonging and reflects the M&T Bank brand. Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. Complete other related duties as assigned.

Scope of Responsibilities

The Management Development Program is a non-rotational, one-year training program for recent college graduates where participants learn about sales, accounting, project management and leadership skills depending upon their career track. Various methods of training include classroom study, divisional orientations, and teamwork on group projects. These fundamentals are coupled with on-the-job training to allow for immediate application in the area for which the participant has been hired.

Supervisory/ Managerial Responsibilities

Not Applicable.

Education and Experience Required

Bachelor's Degree candidate at a school where M&T Bank recruits MDPs (or an MBA student with no work experience). Outstanding academic credentials (GPA of 3.0 or better). Up to 1 years' work experience. Outstanding written and verbal communication skills. Demonstrated interpersonal skills. Demonstrated analytical skills. Demonstrated computer skills. Demonstrated presentation skills. Demonstrated leadership abilities. Work/internship experience. Work Visa Sponsorship not offered for this role

Compensation

The pay range for this position is $29.57 - $43.99 per hour. The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above encompasses all geographic locations. The pay rate specific to your location will fall within this range and is available from your recruiter.

Location

Wilmington, Delaware, United States of America

Benefits

• competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year.

About M&T Bank

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people's lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank's traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. View M&T's Human Capital Report to learn more.

Equal Employment Opportunity

M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.