Product Manager III - DFCS Platform Specialist) Hybrid - see job description for potential work locations)
M&T Bank Buffalo, New York, United States · $108K–$179K/yr
Financial Services · 10,001+ employees
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About the role
The Product Manager is responsible for the strategic growth, financial planning, and risk management of assigned product lines. They also lead the development of sales strategies and oversee the implementation of new or modified products across the organization.
What they look for
Requirements
Candidates must have a bachelor's degree and at least 7 years of experience in marketing, product management, finance, or operations. Strong technical proficiency in data analysis, financial mapping, and familiarity with finance reporting technologies is highly preferred.
Full description
** Work Location/Arrangement: This is a hybrid position requiring in-office work four (4) days every week at an M&T office in Buffalo, NY, Bridgeport, CT, Wilmington, DE, Baltimore, MD, Washington, DC, NY, NY or a possible location within M&T footprint.
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 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
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.
Experience strongly preferred:
Direct DFCS experience.
Strong experience with financial data mapping, source-to-target mapping, data transformation, and/or data integration.
Demonstrated ability to translate Finance business requirements into detailed data requirements and mapping specifications.
Experience documenting data lineage, definitions, transformation rules, and downstream data usage.
Strong SQL, Excel, or comparable data-analysis capabilities.
Experience with data quality analysis, testing, validation, and reconciliation
Understanding of Finance, General Ledger, and/or Profitability data.
Ability to research complex data issues across multiple applications and identify root causes.
Knowledge of data governance, change management, and production-support practices.
Strong requirements, documentation, and stakeholder-management skills.
Experience with servicing cost or Profitability data and allocations.
Experience with instrument-level financial data.
Familiarity with Oracle FDI/UCL, Oracle EPM, OAC, Axiom, or related Finance reporting technologies.
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
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