Job Description
- ** This is a hybrid position requiring in office work four days every week and is based in M&T's 250 Park Ave, New York, NY office. FUNCTION: Responsible for developing new business, expanding existing business relationships, and servicing the Bank’s deposit clients, including handling high touch client accounts. Responsible for working with the larger, more sophisticated business clients with the most complex cash management needs. Represents the department on division and cross-functional committees. Works closely with Relationship Managers and Unit Managers, as well as clients at the Executive Level. Considered a subject matter expert on respective product line benefits and services with various industries and lines of business. Relied upon by management to set the example for and serve as a mentor to other Institutional Fixed Income Sales. POSITION RESPONSIBILITIES: Meet with existing business clients to expand relationships and to ensure proper servicing of clients. Capable of managing complex business relationships within assigned portfolio. Responsible for all phases of sales process from referral through implementation. Call on prospective business clients to develop new sales opportunities through a consultative sales approach. Act as a partner with Relationship Managers to market deposits and short-term investments to clients and prospects. Provide consultative training to ensure an understanding of the Bank’s product offerings, and communicate regulatory and product changes and enhancements. Participate in the development of strategic business plans and sales campaigns for target clients and prospects. Provide training and mentoring to sales representatives with less experience. Builds long-term, value-driven based relationships. 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. NATURE AND SCOPE: Services customers seeking deposit relationships of large dollar amounts and of high complexity. Manage and retain existing clients. Works closely with internal contacts to service clients. This position assists with strategic planning. Works closely with Relationship and line of business managers, as well as clients at the Executive level. Considered a subject matter expert of cash management and short-term investment product benefits and services and is a line of business expert for business units supported. MANAGERIAL/SUPERVISORY RESPONSIBILITY: Provide training and mentoring to sales representatives with less experience. MINIMUM QUALIFICATIONS REQUIRED: Bachelors Degree and a minimum of five years fixed income sales 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 fixed income sales experience. General knowledge of banking, investments and the Bank’s various commercial fee-based products. Applied knowledge of Bank policies and procedures. Excellent communication and interpersonal skills with the ability to interact with all levels of personnel using diplomacy. Ability to sell effectively to prospects and clients. Excellent presentation skills. IDEAL QUALIFICATIONS PREFERRED: Ability to be a team player. Self-motivated, well-organized individual. Ability to work individually as well as a member of a team. Excellent verbal and written communication skills, with the ability to function professionally at many different levels (clients, management, peers) Good personal computer skills with knowledge of Microsoft Office. Strong analytical skills. Excellent interpersonal skills. Proven ability to communicate effectively one on one and across a large audience (conf call, email etc.) Goal driven and proven ability to have strong internal partnerships Strong product knowledge and experience identifying needs based on client life cycle and industry. Travel across the Bank footprint for partner calls required. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $109,300.00 - $182,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location New York, New York, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at [email protected] for assistance. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace. Career Site Privacy Notice
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