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 con…
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 con…
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Job DetailsJob Location: Levine Builders - NYC/Douglaston, NY - New York, NY 11102Salary Range: $78,000.00 - $95,000.00 Salary/yearJoin Our Team at The Douglaston Companies What we are looking for: At The Douglaston Comp…
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$171k–$284k/yr
Full-time
bachelor degree, postgraduate degree, professional certificate
Medical Insurance, Retirement Plan, Paid Volunteer Time
Posted 36d ago
~40 hrs/week
Responsibilities
Provide comprehensive investment management and consultative solutions to wealth advisory clients while managing complex fiduciary relationships. Develop Individual Policy Statements and implement investment strategies aligned with client financial goals and regulatory standards.
Requirements
Requires a bachelor's degree and at least 7 years of investment-related experience, or a combination of education and experience totaling 11 years. Preferred qualifications include an MBA, CFA, or CFP certification and experience with high-net-worth clients.
Full 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 the individual financial goals of clients. Recommends investment solutions via a needs-based, consultative approach, and proactively manages the client relationship including guiding sensitive and/or difficult client situations to a mutually satisfactory resolution.
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 client including annual reviews and updates. Implement investment strategy recommendations.
Communicate Wilmington Trust's investment process from setting capital market expectations to performance measurement and attribution. Manage book of accounts, comprised of significant and complex fiduciary relationships, consistent with all applicable laws, regulations and standards. Implement Wilmington Trust's investment methodology in all assigned portfolios in a timely manner.
Attend relevant training and informational meetings maintaining market, process and platform. Complete all compliance requirements including annual account reviews. Complete annual Regulation 9 account reviews, minimize exceptions, and manage corrective action plans.
Identify and develop additional opportunities with existing clients. Provide expert support, including proposals and presentations, for new business opportunities with prospects.
Maintain appropriate levels of personal interaction with clients. Educate clients on emerging issues, regulatory and tax changes, and advises clients on appropriate actions.
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.
Maintain a current understanding of changes in the industry including Federal and state specific and various government regulations.
Participate actively in Divisional projects and initiatives and group meetings and calls.
Serve as mentor for other trust professionals.
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 7 years’ investment-related experience, or in lieu of a degree, a combined minimum of 11 years’ higher education and/or work experience, including a minimum of 7 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
Demonstrated strong presentation skills
Experience listening and accurately interpreting client needs
Experience developing relationships and interacting with internal and external partners
Proven experience working effectively within a team environment
Education and Experience Preferred:
MBA (Master’s degree in Business Administration)
CFA (Chartered Financial Analyst) and/or CFP (Certified Financial Planner) certification
Proven experience working with high net worth clients and complex client relationships
#LI-LA1
#WT
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $170,500.00 - $284,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
Wilmington Trust has built deep and lasting relationships, put our clients first, and provided innovative advice for complex situations. Our guidance has helped generations of families and businesses thrive, backed by the sound experience of our professionals and a forward-looking mindset.
WEALTH MANAGEMENT We offer an array of services delivered through an integrated approach that takes all of your financial concerns into consideration. As part of the M&T Bank family, one of the most financially sound and successful bank holding companies in the U.S. financial services industry, our capabilities are vast—yet our approach is personal, attentive, and trustworthy.
INSTITUTIONAL RETIREMENT SERVICES Our broad-based retirement advisory services including, 401(k) investment vehicles, directed trustee, and custody solutions are designed to meet the needs of plan sponsors and financial advisors. Through our collective investment trust portfolio program, corporate retirement plans can benefit from our corporate trustee and investment management experience.
Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation.
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.
Offices: 1100 North Market Street, Wilmington, DE 19890, US
Wealth ManagementGlobal Capital MarketsInvestment Managementand Institutional Retirement ServicesWealth ManagementFinancial Services
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