Wealth Investment Associate

M&T Bank Corporation; Wilmington (DE); On-site; USD 44,000 - 74,000; Full time

Benefits offered by this job

Medical benefits

Retirement plan

Paid volunteer time

Job summary

M&T Bank Corporation, a leading financial services company, is seeking a Wealth Advisory Services professional in Wilmington, DE. The role focuses on delivering integrated wealth management services and supporting Investment Advisors and Trust Advisors in a client-centric team environment.

The position requires a Bachelor's degree and investment-related experience, plus strong communication, presentation, and teamwork skills.

Qualifications

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

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 IPS with and for clients including annual reviews and updates.
• Implement investment strategy recommendations.
• Prepare and review with Investment Advisor portfolio letters for advisory and co-trustee accounts, AO coordinations or best fit recommendations.
• Maintain knowledge of Bank resources to facilitate client service delivery and expand client relationships.
• Serve as a support associate to assigned Investment Advisor(s).
• Understand and adhere to risk and regulatory standards, policies and controls.
• Identify and escalate risk-related issues to management.
• Promote an environment that supports belonging and the M&T Bank brand.
• Maintain internal controls and respond to audit findings and regulator points.
• Complete other related duties as assigned.

Skills

Investment knowledge

Verbal and written communication

Presentation skills

Customer focus

Team player

Education

Bachelor's degree

Finance/Economics degree preferred

Pursuing CFA/ CFP

Tools

Microsoft Office

Financial analysis 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.

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 years' 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

The pay range for this position is $32.33 - $53.89 Hourly (USD).

Location: Wilmington, Delaware, United States of America.

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.

As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year.

Our core values - integrity, ownership, collaboration, curiosity, and candor - drive the work we do.

We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members.

View M&T's Human Capital Report to learn more.

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.