Wealth Investment Associate

M&T Bank; Town of Florida (NY); On-site; USD 39,950 - 67,502; Full time

Job summary

M&T Bank’s Wealth Advisory Services team seeks an investment specialist to deliver comprehensive investment management for clients, collaborating within a professional team to align portfolios with clients' financial goals.

You will develop IPS for clients, review investments, prepare performance reports, and support Investment Advisors while maintaining regulatory compliance and a client-focused approach.

Qualifications

• Bachelor’s degree and at least 1 year of investment-related experience.
• Strong knowledge of investment markets and compliance.
• Read, analyze, and interpret industry publications and regulations.
• Proficient with standard office software.
• Excellent verbal and written communication; strong presentation skills.

Responsibilities

• Maintain knowledge of markets and investment process; explain to clients.
• Develop IPS for clients including annual reviews and updates.
• Prepare portfolio letters and review investment performance.
• Support Investment Advisors and coordinate across teams.
• Adhere to risk and regulatory standards; escalate issues.
• Support sales and identify opportunities within existing clients.
• Collaborate with Private Client Advisors and Trust Advisors.
• Contribute to audits and internal controls.

Skills

Investment knowledge

Communication skills

Team collaboration

Presentation skills

Customer focus

Education

Bachelor’s degree in Finance/Accounting/Economics

CF A/ CFP in progress

Tools

Office software

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.

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

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $29.39 - $48.99 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Palm Beach, Florida, United States of America