Unique Assets Officer

Overview:

Oversees unique asset properties to ensure the Bank is managing these properties in accordance with the function of the asset and in line with the terms of the trust agreement. The Unique Assets Officer will provide technical, function and operation expertise to the Unique Assets team in the oversight of these properties.

Primary Responsibilities:

• Provide oversight of closely held business assets that are held in fiduciary accounts where the Bank is acting as trustee or another similar, capacity
• Oversee and monitor activities of closely held business asset, including but not limited to monitoring of receipts made by the LLC or LP, oversight of allocations made from the LLC or LP so that they are allocated property between trust principal and trust income, oversight of the governing agreement, monitoring of capital calls and other similar receipts from the LLC or LP
• Perform regular assessments of the closely held business asset to ensure the Bank is properly managing it in accordance with the terms of the LLC, LP
• Coordinate the inclusion of these assets into investment reviews the Bank performs for accounts that hold these assets
• Provide planning, leadership and problem resolution for the team
• 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.
• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.

Education and Experience Required:

Bachelor’s degree and a minimum of five years of experience at a bank or another similar financial institution, or in lieu of a degree, a combined minimum of 9 years’ higher education and/or work experience, including a minimum of 5 years’ bank or financial services experience

Minimum of two years work leadership, supervisory or managerial experience

Experience managing unique assets and closely held businesses

Education and Experience Preferred:

Advanced degree

Minimum of 8 years work experience at a bank or a another similar financial institution

Physical Requirements:

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $103,000.00 - $171,600.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location.

Location

Clanton, Alabama, United States of America

About Us

Great companies have an enduring sense of purpose. With roots dating back to the founding of Wilmington Trust Company by T. Coleman du Pont in 1903, Wilmington Trust has been serving successful individual and institutional clients for more than a century. Wilmington Trust is internationally recognized and has a team of experienced and skilled professionals focused on delivering a high caliber of service to every client relationship. We are proud to be part of the M&T corporate family.

As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more.

Ready to join our team? Submit your application today!

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M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.

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