About the role
This role may be based in any Wilmington Trust corporate office, including Wilmington, DE; Baltimore, MD; Chicago, IL; or Costa Mesa, CA.
Overview:
Serves in a leadership position responsible for managing Transaction Managers and deal volume.
CDSAS - Corporate Debt, Project Finance, Large Complex Trusts, Insurance Collateral Solutions, M&A, Escrow and Custody
Primary Responsibilities:
- Develop and maintain procedures and guidelines for the transaction management model and the CDSAS product expansion, including working with all support and operational groups to develop document standards suitable to Wilmington Trust.
- Serve as a market presence for the business by attending conferences, assisting sales with client meetings and facilitating calls and presentations with rating agencies as required.
- Assist Sales with business development initiatives and coordinating deal structures depending on asset types.
- Serve as internal liaison for all support groups surrounding the CDSAS Product Expansion.
- Attend to escalated client issues and ensure they are prioritized appropriately.
- Determine appropriate counsel for deals and contracts.
- Provide back-up support for Transaction Managers as required by business travel and vacation.
- May manage a team of Transaction Managers or Transaction Management Leaders for a specific asset type or business line.
- Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. 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:
May manage a team, up to 10.
Education and Experience Required:
Bachelor’s degree and a minimum of 7 years’ related experience , or in lieu of a degree, a combined minimum of 11 year’s higher education and/or work experience, including a minimum of 7 years’ related experience
Minimum of 2 years’ managerial experience
Proven experience negotiating legal contracts
Education and Experience Preferred:
MBA (Master’s degree in Business Administration) or JD (Juris Doctor)
Minimum of 10 years’ related experience
Strong legal background
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M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $153,700.00 - $256,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.Location:
Minneapolis, Minnesota, United States of AmericaAplyr's read
Wilmington Trust specializes in tailored financial services, attracting professionals focused on wealth and asset management for individuals and institutions.
What's promising
- •Strong reputation in wealth management and institutional services.
- •Opportunities for career growth in diverse financial roles.
- •Focus on customized solutions enhances client satisfaction.
What to watch
- •Limited public information about company culture and work-life balance.
- •High-pressure environment typical of financial services industry.
- •Potential challenges in adapting to regulatory changes.
Why Wilmington Trust
- •Emphasis on personalized financial solutions for clients.
- •Deep expertise in both wealth management and global capital markets.
- •Strategic presence in key financial hubs like NYC and Wilmington.
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About Wilmington Trust
Wilmington Trust is a financial services company that provides wealth management, asset management, and institutional services. It focuses on delivering tailored solutions to individuals, families, and institutions.