FUNCTIONUnder the supervision of an Investment Advisor(s), supports Wealth Advisory Services integrated delivery of products and services consistent with the financial goals of clients and IST recommendations. Career progression from the position would be to a Senior Investment Associate and then to Private Client Investment Advisor position.
POSITION RESPONSIBILITIESSupport the Investment Advisor in preparing for client meetings.Serve as a support associate to assigned Investment Advisor(s).Prepare, for review by the Investment Advisor, portfolio recommendation letters for advisory and co-trustee accounts, AO coordinations or best fit recommendations, and investment performance reviews.Maintain a thorough working knowledge of various bank resources to facilitate client service delivery and expand client relationships.Participate in internal meetings, pre and post call planning as a support resource to partners in the latter stage of the sales process to include: PCAs, Financial Consultant, RelationshipManager and other partners in the sales process.Obtain professional designations such as CFA, CFP, CIMA, CAIA. Pursuit of degree programs, continuing education and training.Develop understanding of changes in the industry e.g., federal and state specific and various government regulations.Maintain positive working relationships. Under the direction of an Investment Advisor, provides necessary support and information to clients, Private Client Advisors and Trust Advisors as well as others for all investment products.Develop knowledge and understanding of the WTIA asset allocation and manager selection process and decisions, fixed income outlook and strategies, equity selections and approved list.Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.Promote an environment that supports diversity 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.
NATURE AND SCOPEAbility to communicate internally with bank management and executives and externally with clients, and their representatives.MINIMUM QUALIFICATIONS REQUIREDBachelor’s degree and a minimum of 1 year’s investment-related experience, including internships, 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.Understanding of stocks and bonds.Desire to pursue career as an Investment Advisor.Proficient personal computer skills with solid knowledge of Microsoft Office.Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures and government regulations.Ability to write reports and business correspondence.Ability to effectively present information and respond to questions from groups of managers, clients, and the general public.Strong mathematical skills, ability to apply concepts of algebra and statistics.Ability to use software programs and financial calculator.Strong critical thinking skills, ability to synthesize data to determine correct policy and strategy and implement such strategy in the most efficient manner possible.Ability to build strong level of trust with clients, empathy and real interest in working with people; self-confident and a proven ability to work well with highly capable and successful individuals.Ability to work effectively in a team environment.
IDEAL QUALIFICATIONS PREFERREDBachelor's degree in Finance.
ABOUT M&TAt M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.