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Senior Wealth Fiduciary Advisor - 3DK4F in Palm Beach Gardens, FL at M&T Bank

Date Posted: 9/28/2018

Job Snapshot

Job Description

Senior Wealth Fiduciary Advisor

Wealth Advisory Services

Wilmington Trust

North Palm Beach, Florida

 

Function:
Responsible for the administration and fiduciary management within client relationships.
Responsibilities:
Assess and manage risk; the appropriate exercise of fiduciary discretion and judgment; and adherence to policies and procedures related to account administrative activities. Act as a key partner to clients, developing and implementing solutions. Anticipate and identify opportunities to create new relationships and expand existing relationships.
Administer accounts through demonstrated proficiency and sound judgment in exercising fiduciary discretion. May serve as the primary point of contact for the client or as a member of a dedicated team. As the primary point of contact/relationship manager, communicates regularly with the client and is responsible for the overall management of team of experts (private bankers, investment advisors, commercial banker, business banker, etc.) supporting the client as well as retention of the relationship.
Administer, either directly or through an associate, accounts with demonstrated proficiency and sound judgment in exercising fiduciary discretion. Implement policies and procedures related to fiduciary and account administrative matters. Monitor account openings, asset funding, distributions and terminations.
Play a key role in overall client satisfaction and retention. Cultivate strong working relationships with clients and their advisors in order to develop a complete understanding of clients' needs. Effectively communicate client needs and concerns to partners. Maintain comprehensive knowledge of, and coordinates the efforts of, appropriate bank resources to ensure timely delivery of quality service and expand client relationships.
Participate in coordination and delivery of client presentations, bringing in additional experts as needed. Represent the Bank in a professional and competent manner both over the phone and in person with clients, advisors and business partners.
Develop strong working relationships with administrative support areas, i.e. Tax, Legal, Operations, etc.
Book of accounts includes significant and complex fiduciary relationships.
Keep abreast of current trends and changes in trusts and estates and tax and fiduciary law.
Act as a fiduciary resource to Private Client Advisors, Financial Consultants and other internal partners. Assist in new business development efforts with regional team and internal partners (e.g. Relationship Managers, Private Bankers, Regional Insurance Coordinators, Centers of Influence, other business lines and support staff). Provide expert support, including proposals and presentations, for new business opportunities with prospects.
Act as a mentor for other trust professionals.
Project participation for initiatives that impact the team.
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 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.


Required Qualifications:
Bachelors' degree and a minimum of 5 years’ experience independently administering fiduciary accounts or demonstrated fiduciary expertise, in a related capacity or as a part of a team, or related experience in a relevant industry, or in lieu of a degree, a combined minimum of 9 years’ higher education and/or work experience, including a minimum of 5 years’ experience independently administering fiduciary accounts or demonstrated fiduciary expertise, in a related capacity or as a part of a team, or related experience in a relevant industry
Demonstrated strong verbal, written and presentation communication skills
Strong customer focus
Demonstrated ability to expand and retain client relationships including building a significant level of trust with clients
Proficient personal computer skills with solid knowledge of Microsoft Office
Demonstrated thorough knowledge of fiduciary business
Fundamental understanding of investment principles and philosophy
Preferred Qualifications:
CTFA, CFP, JD or Master’s degree

 

We encourage candidates with relevant military experience to apply.

 

About M&T

At 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.

 

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.