Management Development Program

Overview

As a member of the Management Development Program (MDP), you will participate in ten weeks of Core Training and one year of On-the-Job training (OJT). Core Training includes classroom training, observations of departmental presentations, interaction with senior management, peer networking, and working in teams on group project assignments. OJT responsibilities vary by department and are assigned by the department manager. You may also be responsible for additional projects assigned by the department manager or Leadership Development Manager.

Department Description

When our clients need financial services outside of their core wealth management solutions, we have the resources to help. Our Wealth Management team coordinates the delivery of any additional services they need, always keeping the client's convenience in mind. We can also recommend more comprehensive options if the client, their family, or their business needs specialized expertise.

Department Responsibilities

You'll join a small cohort within our Wealth Management division to gain experience as a Wealth Associate. Starting with the team, you'll learn from Wealth Advisors about Wilmington Trust service processes and the products we offer clients. Additionally, you'll develop your knowledge of the local market and how it aligns with clients' needs. Your additional responsibilities could include:

• Develop your knowledge of financial markets, Wilmington Trust investment process and wealth offerings, and articulate current and relevant market information.
• Maintain knowledge of various bank resources to assist in the facilitation of client services delivery and expand relationships.
• Serve as support associate to Wealth and Investment advisors as required.
• Participate in sales efforts, continuing to partner with the team to develop additional opportunities for clients.

How You Can Grow Your Career

After completing your first year with the team, you'll continue your partnership and with continuous training and support work towards building your own portfolio of business, eventually becoming a Wealth Advisor or Investment Advisor Associate. There is the opportunity to gain certifications and work towards continuing your career in a client-facing role.

Primary Responsibilities

• Participate in and complete a one-year long, non-rotational training program while creating and adding value to the assigned department. Receive job-specific training, general training in banking, communication and leadership, and personalized coaching and feedback. Performance measures may include 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 the Department Manager.
• Core Training: Participate in 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 group project assignments, working with a team of peers to build relationships within 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 contribute as individual contributors and/or managers in their assigned department.
• Complete tasks in a manner that is 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 about 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.