Commercial Planning Manager I

M&T Bank; New York (NY); On-site; USD 145,000 - 242,000; Full time

Job summary

A leading financial institution seeks a Manager for the Commercial Deposit Portfolio to oversee forecasting, analytics, and strategic planning. Ideal candidates will have extensive experience in commercial banking, with strong leadership skills to drive departmental objectives and influence high-level decisions. This key role requires coordinating with various teams to enhance overall bank strategy while ensuring compliance and operational efficiency.

Qualifications

• Minimum of 7 years related business line experience.
• Includes 2 years leadership/supervisory experience.
• Strong working knowledge of commercial banking principles.

Responsibilities

• Manage the Commercial Deposit Portfolio including forecasting and analytics.
• Collaborate with internal partners to support business objectives.
• Lead a team to achieve strategic goals and maintain compliance.

Skills

Forecasting

Analytics

Strategic Planning

Leadership

Education

Bachelor's degree

11 years of higher education and/or work experience

Job description

Overview:

Responsible for providing the strategic direction and management of the planning, development and implementation of various projects and initiatives in support of the Commercial Bank.Specifically, the position is responsible for the Forecasting, Analytics and Planning of the Commercial Deposit Portfolio. This includes setting Interest Rates, both standard and customer level exceptions. Given the size and impact of the Commercial Deposit Portfolio, this role has high visibility within the Commercial Bank as well as Treasury and Finance.

Primary Responsibilities:

• Manage the Commercial Deposit Portfolio including Forecasting and Analytics.
• Evaluate, inform, continually implement Commercial Bank Segment Support Strategy, aligning department roles, responsibilities, and driving adoption across organization.
• Work with Commercial Bank partners to understand and influence overall Commercial Bank strategy and support needs based upon business objectives.
• Demonstrate a thorough and expert understanding of the Commercial Bank, including key initiatives, major projects, staffing, and compensation needs.
• Keep abreast of business and market trends that may affect the business/department.
• Help to shape Commercial Bank strategic direction creating analysis to further Commercial Bank strategies.
• Oversee and ensure proper direction on Commercial Bank strategic priorities and projects.
• Set strategy for collaboration with internal partners on behalf of Commercial Segment Support team; includes development in support of Commercial Bank strategy, projects and initiatives, develop partnership with other departments as needed.
• Take a lead role in setting policy or developing and overseeing the implementation of procedures or controls related to compliance requirements within the overall business processes.
• Perform highly complex analysis and judgment based review, research, and/or reconciliation.
• Interpret results and present findings to make or influence strategic decisions within the department or division.
• Provide coaching, direction, and leadership to team members in order to achieve business results.
• 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.

Managerial/Supervisory Responsibilities:

Will manage a team of 5 or more employees

Education and Experience Required:

Bachelor's degree and minimum of 7 years' related business line experience including 2 years’ leadership/supervisory experience, or in lieu of degree, a combined minimum of 11 years' higher education and/or work experience including 2 years’ leadership/supervisory experience

In-depth understanding of principles in discipline and basic knowledge of others

Experience Preferred:

Commercial Deposit experience.

Strong working knowledge of forecasting, analytics and planning in a commercial bank.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $145,114.31 - $241,857.18 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location New York, New York, United States of America