Asset Management - Director of Investment Implementation, Operations, and Reporting

M&T Bank; Wilmington (DE); On-site; USD 80,000 - 130,000; Full time

Job summary

An established industry player is seeking a strategic leader to oversee investment operations. This role involves managing trading execution, supporting investment advisors, and ensuring compliance with regulatory standards. You will lead a team, drive business decisions through data analysis, and collaborate on departmental audits. The ideal candidate will possess a strong background in investment management and leadership, with a focus on achieving business objectives and enhancing operational efficiency. Join a dynamic environment that values diversity and innovation, and make a significant impact on investment strategies and client success.

Qualifications

• 7+ years of relevant experience in investment operations or related fields.
• 2+ years of leadership experience managing teams.

Responsibilities

• Oversee centralized trading and ensure implementation of investment strategies.
• Manage investment platform support and complex reporting development.

Skills

Leadership

Data Analysis

Investment Management

Regulatory Compliance

Project Management

Education

Bachelor's Degree

11 years combined higher education and/or work experience

Tools

UMA Platform

Envestnet’s Investment Management Platform

SEI Trust 3000 Platform

Job description

Overview:

Responsible for overseeing investment operations, including, but not limited to, implementation and trading, reporting, and related systems and tools. Provides strategic direction and management for projects and initiatives in support of department or division. Manages teams responsible for implementing centralized investment solutions, including model portfolios and separately managed accounts, data reporting, and investment platform support for client accounts.

Primary Responsibilities:

• Oversee and lead execution of centralized trading to ensure the Investment Committee’s best thinking is implemented in client accounts, where appropriate.

• Manage the team providing investment platform support to Investment Advisors.

• Manage the development and production of complex departmental reporting, including, but not limited to, strategy analysis, historical reporting and analysis, and workflow optimization. Analyze the reports and make recommendations needed to drive business decisions.

• Collaborate with risk, compliance and oversight partners to support efforts to adhere to regulatory requirements.

• Leadership role in setting policy, developing procedures, and implementing controls related to key business processes.

• Perform highly complex data review, research, and/or reconciliation. Interpret results and present findings to make or influence strategic decisions within the department or division.

• Take a lead role in supporting departmental audits including user recertifications and compliance testing.

• Manage and facilitate the planning, testing, and implementation of new projects, systems, products and regulatory changes impacting the department.

• Demonstrate a thorough and expert understanding of the business and its functions, processes and operations. Keep abreast of business and market trends that may affect the business/department.

• Define and participate in the achievement of short and long-term business objectives. May oversee budget, P&L and other business reporting. Analyze variances and report to leadership. Make recommendations on variances and methods to increase efficiency, lower costs, etc.

• Provides coaching, direction and leadership to team members in order to achieve business results.

• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.

• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.

• Promote an environment that supports diversity 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.

Supervisory/ Managerial Responsibilities:

Will manage a team of 5 or more reports.

Experience and Education Required:

Bachelor's degree and a minimum of 7 years related business line experience, OR in lieu of a degree, a combined minimum of 11 years higher education and/or work experience.

A minimum of 2 years of leadership/supervisory experience.

Education and Experience Preferred:

Experience implementing and/or working with a UMA platform.

Familiarity with Envestnet’s investment management platform.

Understanding of SEI Trust 3000 platform.

Experience working as Investment Advisor and/or supporting investment advisors.

Experience working for a trust company.