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.
- 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.
- 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; 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.
- Conduct independent research and complex analytical projects involving financial modeling/forecasting to provide senior management with definitive financial trend data and advice for their use in setting and realizing objectives. Design projects and may lead projects of moderate scope.
- Build and maintain advanced forecasting models/tools; work in collaboration with business groups to provide insightful analysis.
- Develop clear, concise written summations of analytical work.
- Displays complex judgment based on advanced analytical thought.
- Shows accountability for accuracy and quality of work products of the team.
- Demonstrate expert-level knowledge of finance and accounting concepts through the aggregation of financial data.
- - Demonstrate a strong understanding of M&T's (or applicable Business Unit within) financial statements; including awareness of key drivers/trends in major Balance Sheet and Income Statement line items.
- 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 duties as assigned.
Education and Experience Required:
Bachelor’s degree
7 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 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 $107,500.00 - $179,100.00 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