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

M&T Bank•Buffalo, NY

8d•$128,900 - $214,900

About The Position

The Product Manager IV is responsible for strategic direction across multiple product lines and/or services for major existing or new market segments. The role designs products, develops market strategies and goals—including advertising, pricing, expense planning, profit plans, packaging, and future products—and oversees successful implementation and goal achievement. It formulates and implements policies and procedures and helps ensure M&T leadership, values, and commitment are applied through direct and indirect managers. The position may have profit-and-loss responsibility for its products. The role manages product strategy, financial performance, sales channel strategy, product risk, and product launches or modifications. It evaluates market developments and product performance, works with other bank departments on marketing and sales programs, and ensures products and services are marketable, profitable, and compliant with legal and regulatory requirements. It also supports staff training, risk escalation, belonging, and internal control standards.

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 those 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, product financials, and profitability.
Develop and oversee sales channel strategy.
Review developments in company markets and evaluate or recommend new services, products, geographies, or modifications to existing offerings.
Evaluate new product and service success and implement and manage changes to services or marketing strategy.
Manage all aspects of new product implementation and existing product modification, including service design and development, portfolio acquisition, and process improvements; liaise with affected departments.
Establish marketing objectives and work 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.
Maintain awareness of new trends and developments in marketing and company products and services.
Develop and provide ongoing group and individual staff training in 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 identify risk-related issues that require escalation.
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.