Provides portfolio management (trading) services across a large number of accounts (estimated at 300 Investment Policy’s and over 1 Billion in AUM) to transition portfolios toward Wilmington Trust’s best thinking. Works with Investment Advisor (IA) to understand objectives, constraints, and tax budget of portfolio and proactively communicates with Investment Advisor, making them aware of trades when they occur.
Primary Responsibilities:Manage Desktop Managed Equity (DME) accounts by coordinating with Investment Advisor on appropriate tax budget, targeting specific Wilmington Trust Equity strategy, and implementing trades in a timely manner throughout the year in accordance with transition plan. Collaborate with IA in decision making process, marrying the firm’s best thinking with the clients needs.
The Client Portfolio Manager can also manage the entire portfolio to make trades to move towards appropriate target multi asset class strategy set by the IA and client.
Proactively manage the client’s accounts by placing trades and monitor tracking error in portfolios in accordance with transition plan.
Track trades and provide timely communication with Investment Advisors.
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.
Primarily on unit
Education and Experience Required:Bachelor's degree and a minimum of 2 years’ investment-related experience, including internships, or in lieu of a degree, a combined minimum of 6 years' higher education and/or work experience.
Good knowledge of procedures and concepts within discipline.
Basic knowledge of trading procedures, investment platform, and implementing firms best thinking.
Selects alternatives from defined options in a variety of work routines.
Inputs to decisions within own discipline.
Involves the regular exchange of information.
Thorough understanding of stocks, bonds, ETFs, SMAs, and mutual funds.
Desire to pursue investment career in asset management.
Proficient personal computer skills with solid knowledge of Microsoft office.
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.
Ability to work effectively in a team environment.
Skills Required
- Bachelor's degree and at least 2 years of investment-related experience, including internships; alternatively, 6 years of combined higher education and work experience
- Good knowledge of procedures and concepts within the investment discipline
- Basic knowledge of trading procedures and investment platforms
- Ability to select alternatives from defined options and contribute to decisions within the discipline
- Ability to regularly exchange information and communicate effectively
- Thorough understanding of stocks, bonds, ETFs, SMAs, and mutual funds
- Proficiency with personal computers and Microsoft Office
- Ability to use software programs and a financial calculator
- Strong critical-thinking skills and ability to synthesize data into efficient investment strategies
- Ability to work effectively in a team environment
- Desire to pursue a career in investment management
M&T Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&T Bank and has not been reviewed or approved by M&T Bank.
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Retirement Support — Retirement benefits are positioned as a strong pillar, including a 401(k) match and the possibility of an additional employer contribution, plus access to an employee stock purchase plan.
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Leave & Time Off Breadth — Time-off offerings are framed as competitive, with a flexible PTO approach and paid volunteer time called out as a meaningful add-on to standard leave.
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Wellbeing & Lifestyle Benefits — Wellbeing support appears comparatively robust, highlighted by mental-health therapy/coaching sessions and broader wellness programming alongside community-oriented perks.
M&T Bank Insights
What We Do
M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
