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M&T Bank

M&T Bank

Full-service banking with mortgage, deposits, loans

Management Development Program - Wealth Management, Family Wealth

Full-Time
$29.57 - $43.99/hr
Entry
Bachelor's, MBA
Wilmington, DE, USA
Hybrid

Hybrid position; specific in-office schedule is not stated.

No H1B Sponsorship

About the job

Requirements
  • A Bachelor's Degree candidate at a school where M&T Bank recruits Management Development Program participants, or an MBA student with no work experience.
  • Outstanding academic credentials with a GPA of 3.0 or better.
  • Up to one 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 or internship experience.
  • Work visa sponsorship is not offered for this role.
  • Ability to complete tasks in compliance with applicable laws and regulations and adhere to company risk and regulatory standards, policies, and controls.
Responsibilities
  • Participate in and complete a one-year, non-rotational training program while creating and adding value to the assigned department.
  • Participate in ten weeks of core training covering banking, basic financial skills, technical skills, and leadership/interpersonal skills.
  • Participate in group project assignments and present recommendations and potential solutions to senior management.
  • Complete on-the-job training based on the assignment, including department-specific policies, procedures, systems, and products.
  • Maintain current knowledge of financial markets, the Wilmington Trust investment process, and wealth management offerings.
  • Articulate relevant economic, financial, and market information and available products and services to clients and prospects.
  • Prepare and review portfolio recommendation letters, account coordinations or best-fit recommendations, and investment performance reviews with Investment Advisors as needed.
  • Maintain knowledge of bank resources to facilitate client service delivery and expand client relationships.
  • Support assigned Investment Advisors and participate in sales efforts.
  • Identify risk-related issues requiring escalation to management.
  • Maintain internal control standards and implement internal and external audit points and applicable regulatory issues.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Complete other related duties as assigned.

About the company

M&T Bank is a full-service financial institution that offers a wide range of banking solutions for individuals, small businesses, and larger enterprises. Its products include personal and business checking accounts, mortgage assistance programs, loans, deposits, investment products, and mobile banking. The bank serves mainly customers in the Northeastern and Mid-Atlantic United States and emphasizes community engagement and customer-focused service. It generates revenue from interest income, fees, and service charges tied to loans, deposits, and other financial products. The company’s recent merger with United Bank, N.A. expands its footprint and enhances its service offerings. The goal is to provide accessible financial services to communities while growing its market presence and deepening local connections.

Company Size

10,001+

Company Stage

IPO

Headquarters

Buffalo, New York

Founded

1993

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Simplify's Take

What believers are saying

  • On July 15, 2026, M&T reported record quarterly EPS of $5.32.
  • Average loans rose $3.0 billion in Q2 2026, led by commercial lending and CRE.
  • M&T repurchased $465 million of stock in Q2 2026 while CET1 stayed 10.19%.

What critics are saying

  • Average deposits fell $0.7 billion in Q2 2026, tightening funding and forcing pricier borrowings.
  • Commercial real estate balances reached $24.5 billion; 2027 refinancing stress hits credit costs and earnings.
  • A severe CRE downturn forces reserve spikes, buyback cuts, and capital-trapping regulation through 2027.

What makes M&T Bank unique

  • M&T Bank’s Q2 2026 balance sheet paired $168.9 billion deposits with $141.4 billion loans.
  • Ninety percent of C&I businesses grew quarter-over-quarter in Q2 2026, proving deep relationship banking.
  • The People’s United merger expanded M&T’s Northeast-Atlantic branch and deposit footprint after 2022.

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Benefits

401(k) Company Match

401(k) Retirement Plan

Flexible Work Hours

Hybrid Work Options

Paid Vacation

Paid Holidays

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Growth & Insights and Company News

Headcount

6 month growth

10%

1 year growth

10%

2 year growth

10%
Yahoo Finance
Sep 15th, 2026
M&T Bank gains 18% YTD, outpacing Nasdaq amid strong loan growth and rising net interest income

M&T Bank Corporation has outperformed the Nasdaq Composite over recent periods, with shares gaining 18% year-to-date and 19.6% over the past 52 weeks, compared to the Nasdaq's 12.7% and 18.3% returns respectively. Over the past three months, the Buffalo-based bank's shares rose 2.6% against the Nasdaq's 1.2% gain. The outperformance follows strong second-quarter results reported in July, with record earnings per share of $5.32, up 25.5% year-on-year. Taxable-equivalent net interest income increased 4.8% to $1.80 billion, whilst total average loan balances grew 4.4%. Nonaccrual loans fell 23.2% to $1.2 billion, indicating improved asset quality. M&T Bank has a market capitalisation of approximately $34.6 billion.

Business Wire
Sep 7th, 2026
Cari Raises Over $30 Million in First Tranche of Initial Funding Round, Backed Entirely by Banks

Cari, the bank-governed digital money network, today announced it has raised $32.5 million in the first tranche of its initial external funding round, with t...

Yahoo Finance
Aug 28th, 2026
M&T Bank beats Q2 revenue estimates by 1.9% as regional banks show mixed results

Regional banks delivered mixed second-quarter results, with revenues matching analyst expectations on average. M&T Bank reported revenues of $2.52 billion, up 4.9% year on year and exceeding consensus estimates by 1.9%. The bank also beat earnings per share projections and narrowly surpassed net interest income forecasts. Despite the strong quarter, M&T Bank's shares fell 1.3% following the announcement, trading at $238.67. The decline suggests investor expectations may have been higher than published Wall Street projections. Regional banks as a group have struggled, with share prices down an average of 1.5% since their latest earnings releases. These institutions face challenges including fintech competition, deposit outflows, credit deterioration, regulatory costs, and concerns about commercial real estate exposure following recent high-profile bank failures.

Pulse 2.0
Aug 7th, 2026
Charles River Associates expands credit facility to $400M with six-bank syndicate

Charles River Associates has expanded its credit facility to $400 million through a six-bank lending syndicate. The five-year agreement includes a $75 million term loan and a $325 million revolving credit facility, replacing a previous $300 million facility set to mature in August 2027. The revolving facility can be reduced to $250 million between 16 July and 15 January each year when working-capital requirements are lower. CRA will use proceeds to repay outstanding borrowings, support working capital, fund growth investments, and cover general corporate purposes. The lending group includes Bank of America, Citizens Financial Group, Eastern Bank, and Beacon Bank & Trust, with BMO and M&T Bank joining as new lenders. The expanded facility provides additional liquidity as the consulting firm invests in its global economic, financial, and management advisory operations.

CommercialSearch
Jul 22nd, 2026
Merritt Lands $621M for Mid-Atlantic Portfolio

Merritt Properties has secured a $621 million refinancing loan for a portion of its 58-asset Maryland Industrial Portfolio.