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2025 Management Development Program- Radnor, PA Asset Management

M&T Bank • Radnor, PA 19087 • Posted 4 days ago

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In-person • Full-time • $29.57-$43.99/hr • Internship

Job Highlights

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The Management Development Program (MDP) at M&T Bank serves as a ten-week core training program followed by a year of on-the-job training for recent college graduates. Participants will engage in classroom training, departmental presentations, senior management interactions, peer networking, and team projects. The program aims to equip participants with sales, accounting, project management, and leadership skills, tailored to their career track, through a combination of core training and on-the-job training.

Responsibilities

  • Participate in ten weeks of Core Training and one year of On-the-Job (OJT) training.
  • Participate in classroom training, observations of departmental presentations, interaction with senior management, peer networking, and working in teams on two group project assignments.
  • Assist in broad Equity Research projects, including meeting with sell-side research analysts, industry conferences, and macroeconomic specialists.
  • Assist in regular collateral production for Investment Advisor and client use.
  • Assist in attribution and portfolio management decisions on the proprietary equity products.
  • Work on ad hoc special projects to support Asset Management senior leadership.
  • Gain exposure to and work alongside specialized teams across Asset Management, including economics, portfolio construction, equities, fixed income, and macro/investment strategy.

Qualifications

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 year's 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.

About M&T Bank

M&T Bank is a trusted banking brand that offers a wide range of personal and business financial products and services. They provide checking and savings accounts, mortgages, loans, credit cards, insurance, investments, and retirement services. M&T Bank is committed to multicultural banking and prioritizes security and customer protection.

Full Job Description

**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 team provides investment solutions to our customers, and strive to deliver superior, risk-adjusted returns through innovative solutions: Equity, Fixed Income, Alternatives, and Multi-Asset.**

**Department Responsibilities:**

**You'll work closely with the Equity Research team by providing the team with needed research to support our analysts and portfolio managers in researching public equities for our proprietary strategies. In addition to gaining experience covering an investment sector, you'll also collaborate on strategic initiatives and ad-hoc projects. You'll gain exposure to other teams that oversee other asset classes within the department. by:**

**-Participating in and assisting with broad Equity Research projects, including meeting with a wide variety of sell-side research analysts, industry conferences and macroeconomic specialists**

**-Assisting in regular collateral production for Investment Advisor and client use**

**-Assist in attribution and portfolio management decisions on the proprietary equity products**

**-Ad hoc special projects to support Asset Management senior leadership**

**-Opportunities to gain exposure to and work alongside specialized teams across Asset Management, including economics, portfolio construction, equities, fixed income, and macro/investment strategy**

**HOW YOU CAN GROW YOUR CAREER:**

**You'll have the opportunity to work cross-functionally within the department, and after your first year, there's the opportunity for advancement into a research associate role, and later a research analyst.**

**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 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.

**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

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.