Overview:
Serves as a member of the Management Development Program (MDP) and participates in ten weeks of Core Training and one year of On-the-Job (OJT) training. Core Training responsibilities include participation in classroom training, observations of departmental presentations, interaction with senior management, peer networking, and working in teams on two group project assignments. OJT responsibilities vary by department and are assigned by the department manager. The position may be responsible for additional projects as assigned by the department manager or Leadership Development Manager-MDP.
Department Description :
The Asset Management product team leads the management of a diverse suite of financial products and services, providing strategic guidance and subject matter expertise to sales leadership, field teams, home office partners, and key business stakeholders. Our responsibilities include developing and delivering new products that align with the evolving needs of the Wealth and Affluent Markets, managing our existing product set, coordinating marketing materials and owning product-related reporting deliverables.
Department Responsibilities:
Product Reporting & Analytics
- Own and deliver reporting requirements such as product inventory reports, allocation charts, benchmark charts, AUM and flow reports, and other ad hoc reporting needs.
- Assist with competitive analysis to identify market trends and inform product positioning.
Product Marketing & Compliance
- Maintain and update product-related marketing materials, including fact sheets, commentary, pitchbooks, performance reports, and fee schedules.
- Manage the compliance review process for all marketing collateral to ensure adherence to regulatory standards.
Product Development & Governance
- Support new product reviews and analysis, ensuring alignment with strategic objectives and client needs.
- Provide support for product governance activities and related initiatives.
HOW YOU CAN GROW YOUR CAREER:
This position offers exposure across the organization, interfacing daily with multiple departments including Sales, Compliance, Legal, Marketing, Risk, and Operations. You will gain insight into a wide range of roles and responsibilities within the bank, building a strong foundation for future career advancement.
Additionally, you will work closely with both Wealth and Affluent Market teams and collaborate frequently with members of our Asset Management team, including members of our equity, fixed income, and alternative investment teams. This cross-functional experience provides a unique opportunity to deepen your understanding of investment products and broaden your professional network within the financial services industry.
IDEAL QUALIFICATIONS:
- Proficiency in Excel and experience with reporting tools.
- Excellent communication skills—both written and verbal.
- Ability to collaborate effectively across departments and build strong professional relationships.
- Demonstrated adaptability and problem-solving orientation.
- Strong attention to detail and ability to seek, review, and implement feedback.
- Bachelor’s degree in Economics, Business, or related field.
- Experience in Asset Management, Finance or Financial Markets.
Primary Responsibilities:
- Participate in and complete a one-year long, non-rotational training program while creating and adding value to assigned department. Receive job specific training, general training in banking, communication and leadership, and personalized coaching and feedback. Performance measures may include several objective test scores, peer and sponsor feedback from group projects, facilitator feedback, Leadership Development Manager-MDP feedback, Department Manager feedback, final assessment score, and year-end performance appraisal from Department Manager and Leadership Development Manager-MDP.
- Core Training - Participate in ten weeks of training throughout the one-year assignment to learn banking, basic financial skills, technical skills, and leadership/interpersonal skills. Develop a solid understanding of banking functions, processes, and operations.
- Group Projects - Participate in two group project assignments, working with a team of their peers to build relationships within their teams as well as with project sponsors, internal and external contacts, and senior management. Teams make a presentation to senior management at the conclusion of each project providing recommendations and potential project solutions.
- On-the-Job Training - The fundamental skills taught in core training are combined with On-the-Job training based on the incumbent's assignment. Job specific training teaches departmental policies, procedures, systems, and products. Upon completion of MDP, all incumbents attain basic skills necessary to become entry-level professionals and/or managers in their assigned department.
- Complete tasks in a manner that are compliant with applicable laws and regulations and/or that serve to help the Company be in compliance with laws and regulations that apply to the business line the position supports.
- 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 Management Development Program is a non-rotational, one-year training program for recent college graduates where participants learn sales, accounting, project management and leadership skills depending upon their career track. Various methods of training include classroom study, divisional orientations, and teamwork on group projects. These fundamentals are coupled with on-the-job training to allow for immediate application in the area for which the participant has been hired.
Supervisory/ Managerial Responsibilities:
Not Applicable.
Education and Experience Required:
- Bachelor's Degree candidate at a school where M&T Bank recruits MDPs (or an MBA student with no work experience).
- Outstanding academic credentials (GPA of 3.0 or better).
- Up to 1 years' work experience.
- Outstanding written and verbal communication skills.
- Demonstrated interpersonal skills.
- Demonstrated analytical skills.
- Demonstrated computer skills.
- Demonstrated presentation skills.
- Demonstrated leadership abilities.
- Work/internship experience.
- Work Visa Sponsorship not offered for this role
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $29.57 - $43.99 per hour. The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above encompasses all geographic locations. The pay rate specific to your location will fall within this range and is available from your recruiter.
Location:
Radnor, Pennsylvania, United States of America