Product Manager IV - EPM Free Form and Narrative reporting - Cloud
About The Position
The Product Manager IV provides strategic direction for multiple product lines and/or services for major existing or new market segments. The role designs products and develops market strategies, including advertising, pricing, expense planning, profit plans, packaging, and future products, then establishes goals, ensures their implementation, and monitors achievement. The position formulates and implements policies and procedures and may have profit-and-loss responsibility for the product. The Product Manager sets product and sales-channel strategy, manages product financials and risk, assesses market developments, and evaluates opportunities for new or modified products, services, or geographies. The role oversees new product implementation and existing product modifications, coordinates with affected departments, develops marketing objectives and sales programs, and ensures products are marketable, profitable, and compliant with legal and regulatory requirements. It also supports staff training, follows company risk and internal control standards, and promotes an environment that supports belonging and reflects the M&T Bank brand.
Requirements
- Bachelor’s degree and at least 10 years of proven marketing, product management, financial, operations, and/or project management experience; OR, in lieu of a degree, a combined minimum of 14 years of higher education and/or work experience, including at least 10 years of proven experience in these fields.
Responsibilities
- Set strategic direction for assigned product lines and present business plans to senior management and employees.
- Manage product pricing, cost structure, product risk, revenue planning, and product profitability.
- Develop and oversee sales-channel strategy.
- Review developments in company markets and evaluate and recommend new services, products, geographies, or modifications to existing offerings.
- Evaluate the success of new products and services and implement and manage changes to service or marketing strategy.
- Manage new product implementation and existing product modifications, including design and development of services, portfolio acquisition, and process improvements; liaise with affected departments.
- Establish marketing objectives and collaborate with other bank departments to develop programs to sell services and products.
- Ensure products and services are marketable, profitable, and compliant with legal and regulatory requirements.
- Monitor trends and developments in marketing and company products and services.
- Develop and provide group and individual staff training on presentation skills, product knowledge, best practices, and procedures.
- Adhere to company risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite, and escalate risk-related issues 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 and applicable issues raised by external regulators.
- Complete other related duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
