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Commercial Loan Product Manager II - 3DKSC in Buffalo, NY at M&T Bank

Date Posted: 9/5/2018

Job Snapshot

Job Description

TITLE: Commercial Loan Product Manager II
LOCATION: Buffalo, NY
BASIC FUNCTION:
Responsible for management of the commercial loan origination system (LOS) product.  Develops strategy for the product and executes on that strategy with business and technology partners including design, development, implementation, process, and change management.  Ensures product/services are efficient, profitable, and comply with legal and regulatory requirements.
 
POSITION RESPONSIBILITIES:
Single point of contact integrating and coordinating activities across the credit lifecycle including front, middle, and back office areas.  Will own the business strategy for assigned features including:
  • Recommend product enhancements and strategies to support business growth, enhance internal and external customer experience, mitigate risk, reduce errors and increase efficiencies. 
  • Defining how the product will support strategic business objectives including business case development
  • Collaborate with CLM product management peers to prioritize new features
  • Draft User Stories (Business Requirements) for new features
  • Collaborate with technology to estimate and design new features
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.
Coordinate development of management reporting, analyze and communicate results delivering accurate and timely information across the credit process.
Play a key leadership role in design and development of the new credit lifecycle automation program including:
  • Ownership of business requirements, ensuring end product meets business expectations and project goals
  • Integrate and represent the business stakeholders into technology projects under the Credit Lifecycle Management program
  • Coordination of stakeholders in sales, credit, lending services and compliance
  • Analysis of tradeoffs between various business and stakeholder needs, recommending solutions that balance end user experience, productivity, and risk management
  • Support of change management including training design
Maintain understanding of credit regulatory environment and ensure product complies with legal or regulatory requirements. 
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. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis.  Identify risk-related issues needing escalation to management.
NATURE AND SCOPE:
The position is responsible for managing multiple product lines or the services for a major market segment.
The position has extensive contact with other bank departments for the effective and profitable marketing of new products and the enhancement of existing products.
MANAGERIAL/SUPERVISORY RESPONSIBILITY:
The position is responsible for managing a staff depending upon the product and need.
MINIMUM QUALIFICATIONS REQUIRED:
Bachelor’s degree and a minimum of 5 years’ proven commercial banking, credit, 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 commercial banking, credit, product management, financial, operations and/or project management experience.
Strong interpersonal and verbal and written communication skills.
Demonstrated financial analysis skills.
Strong analytical skills.
Proven leadership experience.
IDEAL QUALIFICATIONS PREFERRED:
Commercial lending/credit and operations experience
Master’s degree.
Knowledge of software programs utilized by M&T’s commercial lending organization including AFS, CLAS, ERM, SHAW, etc.
Agile Development - Product Owner Experience
Knowledge of nCino and Salesforce.com software programs
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.