Wealth Investment Associate

M&T Bank; Boston (MA); On-site; USD 70,000 - 118,000; Full time

Job summary

M&T Bank in Boston seeks a detail-oriented investment associate to support Wealth Advisory Services. You will help deliver integrated investment management aligned with client goals and assist Investment Advisors in portfolio analysis and client communications.

Responsibilities include maintaining market knowledge, preparing IPS documents, portfolio reviews, and ensuring compliance with regulatory standards while expanding client relationships and contributing to a team-oriented environment.

Qualifications

• Bachelor’s degree and 1+ years’ investment-related experience, or equivalent education/experience.
• Comprehensive industry and investment knowledge.
• Strong written and verbal communication skills; ability to present clearly.
• Proficient PC skills with office software knowledge.

Responsibilities

• Maintain knowledge of markets, investment process and wealth offerings; articulate to clients and prospects.
• Develop IPS with and for clients including annual reviews and updates; implement strategies.
• Prepare and review portfolio letters and performance reviews with Investment Advisor.
• Maintain knowledge of bank resources to support client service and relationships.
• Support Investment Advisors as needed.
• Stay current on regulatory changes and risk controls; escalate as needed.
• Participate in sales efforts; identify opportunities with existing clients.
• Support and information flow to clients and advisors for investment products.

Skills

Communication

Presentation

Customer focus

Team player

Office software

Education

Bachelor's degree

CFA/CFP preferred

Tools

Microsoft Office

Job description

Overview

Provides comprehensive investment management services to Wealth Advisory Services clients. Operates within a professional team environment supporting the delivery of an integrated wealth management offering consistent with individual financial goals of clients.

Primary Responsibilities

• Maintain current knowledge of financial markets, Wilmington Trust investment process and wealth management offering. Articulate current and relevant economic, financial and market information, as well as all available products/services to clients and prospects.
• Develop Individual Policy Statement (IPS) with and for clients including annual reviews and updates. Implement investment strategy recommendations.
• Prepare and review with Investment Advisor as needed, portfolio recommendation letters for advisory and co-trustee accounts, AO coordinations or best fit recommendations, and investment performance reviews.
• Maintain a thorough knowledge of various Bank resources to facilitate client service delivery and expand client relationships.
• Serve as a support associate to assigned Investment Advisor(s) as required.
• Maintain a current understanding of changes in the industry including Federal and state specific and various government regulations.
• Participate in sales effort. Identify and develop additional opportunities with existing clients.
• Maintain positive working relationships. Provide necessary support and information to clients, Private Client Advisors and Trust Advisors as well as others for all investment products.
• 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

Integral to the position is the ability to communicate internally with Bank management and executives and externally with clients and their representatives.

Education and Experience Required

• Bachelor’s degree and a minimum of 1 years’ investment-related experience, or in lieu of a degree, a combined minimum of 5 years’ higher education and/or work experience, including a minimum of 1 year’s investment-related experience
• Comprehensive industry and investment knowledge
• Experience reading, analyzing, and interpreting general business periodicals, professional journals, technical procedures and government regulations
• Proficient personal computer skills with solid knowledge of pertinent office software
• Demonstrated strong verbal and written communication skills
• Strong presentation skills
• Strong customer focus
• Proven experience working effectively within a team environment

Education and Experience Preferred

• Bachelor's degree in Finance, Accounting, Economics, or related field
• Working towards CFA (Chartered Financial Analyst) or CFP (Certified Financial Planner) certification

#WT

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $34.10 - $56.83 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Boston, Massachusetts, United States of America