Product Manager

Overview:

Responsible for the management of multiple product lines or the services for a major market segment to include the design, development, implementation, and marketing. Ensures product/services are marketable, profitable and comply with legal and regulatory requirements.

Primary Responsibilities

• Recommend product pricing and understand cost structure, as well as understand and manage product risk.
• Ensure product complies with legal or regulatory requirements.
• Responsible for all product financials, including revenue planning and product profitability.
• Manage all aspects of new product implementation and existing product modification to include but not limited to the design and development of services; 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.
• Maintain an awareness of new trends and developments in marketing and company products and services.
• Performs reporting and analysis relating to the product portfolio.
• 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
• 5 years' proven marketing, product management, financial, operations and/or project management experience,
• OR in lieu of a degree,
• A combined minimum of 9 years' higher education and/or work experience, including a minimum of 5 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 $89,600.00 - $149,300.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.