Business Banking Deposit Product Manager III
Company: M&T Bank
Location: Buffalo
Posted on: June 23, 2022
Job Description:
Overview:Responsible for the strategic growth and management of
multiple product lines or services for major market segment(s).
Plays an integral role in the development of market strategies
(i.e. advertising, pricing, expense planning, profit plans,
packaging, future products etc.) and goals and assures their
successful implementation; monitors the achievement of such
goals.
Primary Responsibilities:
- Sets strategic direction for assigned product lines, and
presents business plans to senior management and employees.
- Responsible for sales and sales channel strategy.
- Directly responsible for product pricing cost structure, as
well as product risk. Responsible for all product financials
including revenue planning and product profitability.
- Review new developments in company markets, evaluating and
recommending new services or new products, 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.
- Review new developments in company markets, evaluating and
recommending new services or new products, or the modification of
existing services or products.
- Establish marketing objectives; work with other Bank
departments to develop effective programs to sell
services/products.
- Evaluate new product/services success; recommend changes in
service or marketing strategy. Recommend product pricing,
understanding the cost structure.
- 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.
- 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 diversity 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 degree7 years' proven
marketing, product management, financial, operations and/or project
management experience,OR in lieu of a degree,A combined minimum of
11 years' higher education and/or work experience, including a
minimum of 7 yearsProven marketing, product management, financial,
operations and/or project management experience.LocationBuffalo,
New York, United States of America
Keywords: M&T Bank, Buffalo , Business Banking Deposit Product Manager III, Accounting, Auditing , Buffalo, New York
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