Product Manager IV - EPM Free Form and Narrative reporting - Cloud

001 Manufacturers and Traders Trust Co; Buffalo (NY); On-site; USD 129,000 - 215,000; Full time

Job summary

M&T Bank Corporation in Buffalo, NY seeks a seasoned Senior Product Manager to lead strategic direction for multiple product lines and market segments. You will design products, develop market strategies, and ensure successful implementation while aligning with risk, compliance, and company values.

This role oversees pricing, profitability, and sales-channel strategy, reviews market developments, and advocates for new services or geographies.

Qualifications

• Bachelor's degree and a minimum of 10 years' proven marketing, product management, financial, operations and/or project management experience.
• Or in lieu of a degree, a combined minimum of 14 years' higher education and/or work experience, including a minimum of 10 years' proven marketing, product management, financial, operations and/or project management experience.
• Pay range for this position is $128,900.00 - $214,900.00 Annual (USD).

Responsibilities

• Sets strategic direction for assigned product lines and presents business plans to senior management and employees.
• Directly responsible for product pricing, cost structure, as well as product risk.
• Responsible for all product financials including revenue planning and product profitability.
• Responsible for sales channel strategy.
• Review new developments in company markets, evaluating and recommending new services, new products or geographies, or the modification of existing services or products.
• Evaluate new product/services success; implement and manage changes in service or marketing strategy.
• Manage all aspects of new product implementation and existing product modification to include but not limited to the design and development of services, portfolio acquisition and process improvements; act in a liaison capacity with affected departments.
• Establish marketing objectives; work with other bank departments to develop effective programs to sell services/products.
• Ensure product/services are marketable, profitable and comply with legal and regulatory requirements.
• Maintain an awareness of new trends and developments in marketing and company products and services.
• Develop and provide ongoing group and individual training for staff in regard to presentation skills, product knowledge and best practices and procedures.
• 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.

Skills

Strategic thinking

Leadership

Financial acumen

Market analysis

Cross-functional collaboration

Education

Bachelor's degree

Job description

Overview

Responsible for providing the strategic direction for multiple product lines and/or services for major existing or new market segment(s). Designs product, and develops market strategies (i.e. advertising, pricing, expense planning, profit plans, packaging, future products etc.) and goals and assures successful implementation; monitors the achievement of such goals. Formulates and implements policy and procedures. Ensures that application of M&T leadership, values and commitment through direct and indirect managers. May have profit/loss responsibility for the product.

Primary Responsibilities

• Sets strategic direction for assigned product lines and presents business plans to senior management and employees.
• Directly responsible for product pricing, cost structure, as well as product risk.
• Responsible for all product financials including revenue planning and product profitability.
• Responsible for sales channel strategy.
• Review new developments in company markets, evaluating and recommending new services, new products or geographies, or the modification of existing services or products.
• Evaluate new product/services success; implement and manage changes in service or marketing strategy.
• Manage all aspects of new product implementation and existing product modification to include but not limited to the design and development of services, portfolio acquisition and process improvements; act in a liaison capacity with affected departments.
• Establish marketing objectives; work with other bank departments to develop effective programs to sell services/products.
• Ensure product/services are marketable, profitable and comply with legal and regulatory requirements.
• Maintain an awareness of new trends and developments in marketing and company products and services.
• Develop and provide ongoing group and individual training for staff in regard to presentation skills, product knowledge and best practices and procedures.
• 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.

Education and Experience Required

Bachelor's degree and a minimum of 10 years' proven marketing, product management, financial, operations and/or project management experience, OR in lieu of a degree, A combined minimum of 14 years' higher education and/or work experience, including a minimum of 10 years' proven marketing, product management, financial, operations and/or project management experience. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $128,900.00 - $214,900.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Buffalo, New York, United States of America

About the Company

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people's lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank's traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. 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.

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.