Wealth Investment Associate
$70,928–$118,206 year
On-siteBoston, Massachusetts, United States
Job Summary
Maintain current knowledge of financial markets and Wilmington Trust investment processes to articulate economic and market information to clients and prospects. Develop Individual Policy Statements with clients, including annual reviews, and implement investment strategy recommendations. Prepare portfolio recommendation letters, AO coordinations, and investment performance reviews while serving as a support associate to assigned Investment Advisors. Identify and develop additional opportunities with existing clients, participate in sales efforts, and promote the M&T Bank brand. Adhere to company risk and regulatory standards, identifying issues requiring escalation to management.
Required Qualifications
- Bachelor's degree
- Minimum of 1 years' investment-related experience
- Combined minimum of 5 years' higher education and/or work experience (in lieu of a degree)
- Minimum of 1 year's investment-related experience (in lieu of a degree)
- Comprehensive industry and investment knowledge
- Experience reading, analyzing, and interpreting general business periodicals, professional journals, technical procedures and government regulations
- Proficient personal computer skills
- 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
- Ability to communicate internally with Bank management and executives
- Ability to communicate externally with clients and their representatives
- Maintain current knowledge of financial markets
- Maintain current knowledge of Wilmington Trust investment process
- Maintain current knowledge of wealth management offering
- Articulate current and relevant economic, financial and market information
- Articulate all available products/services to clients and prospects
- Develop Individual Policy Statement (IPS) with and for clients
- Implement investment strategy recommendations
- Prepare and review with Investment Advisor portfolio recommendation letters
- Prepare AO coordinations or best fit recommendations
- Prepare investment performance reviews
- Maintain a thorough knowledge of various Bank resources
- Maintain positive working relationships
- Provide necessary support and information to clients, Private Client Advisors and Trust Advisors
- Maintain a current understanding of changes in the industry
- Understand and adhere to the Company's risk and regulatory standards, policies and controls
- Identify risk-related issues needing escalation to management
- Maintain M&T internal control standards
- Timely implementation of internal and external audit points
- Participate in sales effort
- Identify and develop additional opportunities with existing clients
Desired Qualifications
- Bachelor's degree in Finance, Accounting, Economics, or related field
- Working towards CFA (Chartered Financial Analyst) certification
- Working towards CFP (Certified Financial Planner) certification
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