Wealth Investment Associate

M&T Bank Corporation; Boston (MA); On-site; USD 47,000 - 78,000; Full time

Benefits offered by this job

Competitive benefits including medical

Retirement plan

Paid volunteer time (40 hours/year)

Job summary

M&T Bank Corporation in Boston, MA, seeks an Investment Associate within Wealth Advisory Services to support integrated wealth management aligned with client goals.

You will maintain market knowledge, communicate economic information to clients, develop IPS, implement strategies, prepare advisory letters, and assist Investment Advisors while adhering to risk and regulatory standards. The role emphasizes teamwork and proactive client relationship-building.

Qualifications

• Bachelor’s degree with investment-related experience required or 5 years of combined education/work with investment exposure.
• Strong verbal and written communication skills.
• Demonstrated presentation skills and customer focus.
• Proficient PC skills and comfort with office software.

Responsibilities

• Maintain knowledge of financial markets and investment process.
• Articulate market information and products to clients and prospects.
• Develop IPS and conduct annual reviews with clients.
• Implement investment strategies and prepare advisory letters.
• Support Investment Advisors and co-trustees; review performance and recommendations.
• Ensure compliance with risk, regulatory standards and internal controls.

Skills

Investment knowledge

Communication skills

Presentation skills

Teamwork

Customer focus

Education

Bachelor’s degree

CFA/ CFP (preferred)

Tools

PC proficiency

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

Salary

The pay range for this position is $34.10 - $56.83 Hourly (USD).

Location

Boston, Massachusetts, United States of America

Benefits

• We are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time each year.

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.

M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.