Wealth Senior Client Associate

mtb; New York (NY); Hybrid; USD 76,000 - 127,000; Full time

Job summary

M&T Bank in New York, NY seeks a Wealth Management Client Service Specialist to support servicing and sales enablement for HNW/UHNW clients, collaborating with Wealth Management teams to meet individual client needs.

You will handle AML/KYC, complex transactions, and reporting while maintaining high service standards. Hybrid work with travel to Hauppauge, NY may be required.

Qualifications

• Bachelor's degree or equivalent required; 2+ years financial service client service experience preferred.
• Strong customer service, interpersonal, and communication skills.
• Experience sharing knowledge with team members and using PC tools (word processing, spreadsheets, presentations).
• CFP and/or CTFA certification considered a plus.

Responsibilities

• Build and maintain strong client relationships with HNW/UHNW clients and internal teams.
• Complete new account opening and AML/BSA/KYC requirements; process related sales reports.
• Handle complex client transactions and ensure timely resolution and client satisfaction.
• Review daily reports to ensure compliance and positive client experience; escalate issues per procedures.
• Provide sales support for market-specific projects and adhere to risk and regulatory standards.

Skills

Customer service

Interpersonal skills

Verbal communication

Written communication

Organizational skills

PC proficiency

Knowledge sharing

Education

Bachelor's degree or equivalent

Financial service client service experience

CFP/CTFA preferred

Job description

Overview:

Supports servicing and related sales enablement activities to drive new client relationships and retain and deepen existing High Net Worth (HNW) and Ultra-High Net Worth (UHNW) client relationships in Wealth Management. Delivers on the Client Service Value Proposition. Partners and communicates with key stakeholders within the Wealth Management operating model to ensure clients have access to all resources and solutions based on their individual needs and situation. Utilizes operational, technical, and functional expertise to support the execution of policies and procedures that align with all aspects of Wealth Management sales and service strategy. Resolves more complex service issues within the team and provides guidance to less experienced team members.

Primary Responsibilities:

• Build, manage and maintain strong client relationships through daily interactions with clients, Wealth Management team, and internal business partners to contribute to the development of new client relationships and the retention and expansion of existing client relationships.
• Complete new account opening, collect AML (Anti-Money Laundering), BSA (Bank Secrecy Act) and KYC (Know Your Customer) requirements; process related sales reports.
• Process more complex client transactions such as cash disbursements, money movement, account maintenance, problem resolution and escalation, and other transactions as needed to ensure they are addressed in a timely manner and to the satisfaction of the client.
• Review daily department reports to ensure compliance with operation, security, and audit procedures as well as a positive client experience. Follow established procedures when the report review identifies an issue to ensure it is resolved.
• Utilize knowledge of products, services, internal policies, and procedures as well as external developments to resolve more complex issues and identify process improvements to improve the efficiency of the team.
• Provide sales support to the team for market-specific special projects, such as event coordination, process improvement and sales initiatives.
• 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:

The position assists the Wealth Advisor, Wealth Management team, and internal business partners in process workflow to ensure timely processing and exceptional client service and experience for HNW and UHNW clients. The position has direct contact with clients and plays a role in their attraction and retention. The position shares their knowledge and experience with less experienced team members and helps identify process improvements to benefit the client experience. This position requires a 4 day in office requirement and 2 days out of the month, you are also required to travel and work out of the Hauppauge, NY office.

Education and Experience Required:

• Bachelor's degree and a minimum of 2 years' financial service client service experience, or in lieu of a degree, a combined minimum of 6 years' higher education and/or work experience, including a minimum of 2 years' financial service client service experience
• Strong customer service skills
• Strong interpersonal skills
• Strong verbal and written communication skills
• Strong organizational skills
• Proficiency with personal computers as well as pertinent word processing, spreadsheet, and presentation software
• Experience sharing knowledge and skills with team members

Education and Experience Preferred:

• CFP (Certified Financial Planner) and/or CTFA (Certified Trust & Financial Advisor) certification
• Exposure to and knowledge of the Bank's retail and commercial banking systems
• Knowledge of Private Banking products and services
• Trust experience
• Ability to work independently and in a team-based environment

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $75,900.00 - $126,500.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location:

New York, New York, United States of America