Full-Time

Branch Manager

Posted on 1/15/2025

M&T Bank

M&T Bank

10,001+ employees

Full-service banking for individuals and businesses

Financial Services

Compensation Overview

$67k - $111.6kAnnually

Senior

Peabody, MA, USA

Category
Commercial Banking
Finance & Banking
Required Skills
Sales
Requirements
  • Bachelor’s degree
  • OR, in lieu of degree, Four (4) years’ relevant experience
  • Minimum three years sales experience
  • Minimum two years’ managerial experience or proven leadership abilities
  • Life/Accident and Health Insurance licensing required within 18 months of entry into position (at Market Manager discretion/branch need)
  • M&T Business Banking Specialist within 18 months of hire
  • Demonstrated strong knowledge of Business Banking products, services and client relationship management
  • M&T Way Certified
  • Precision Leadership Certified
  • Bi-lingual/Spanish preferred
  • Work with common PC software, including knowledge of Microsoft Office software for word processing and spreadsheets
  • Experience with Internet and email preferred
Responsibilities
  • Responsible for overall profitability by directing sales and business development, meeting operational objectives and ensuring the branch achieves its annual goals
  • Leads team through coaching, performance management, and setting priority. Builds and develops branch staff
  • Identifies Retail and Business Banking customer needs through the M&T sales processes, using the tools and resources to assist customers with short and long term solutions
  • Proactively prospects and grows Business Banking relationships through outreach. Builds the bank’s presence in the community
  • Conducts interviews and selects employees based on staffing model
  • Actively models and coaches customer service and needs determination behaviors. Reinforces and maintains accountability for execution of Retail strategy
  • Ensures operational and requirements are maintained, to include consumer and business banking guidelines. Ensures compliance with operational, security and control policies/procedures, preventing fraud and protecting customer assets
  • Takes ownership of complex account servicing and error resolution issues, including those escalated by other Bankers. Provide coaching and guidance to improve and reduce future problem resolution/escalations
  • Engages with all team members and business partners as appropriate
  • Independently processes all Business Banking loan requests up to $100,000. Proactively bundle products and services as appropriate
  • Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies
  • Promotes an environment that supports diversity and reflects the M&T Bank brand
  • Maintains M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
  • Completes other related duties as assigned
  • Exercises usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations
Desired Qualifications
  • Demonstrated sales/business development experience and success
  • Has fundamental understanding of profitability
  • Excellent communication and interpersonal skills
  • Proven ability to demonstrate and coach exceptional customer service
  • Ability to communicate and function professionally with all levels of personnel and business partners across the organization
  • Strong financial services product knowledge preferred
  • Strong organization, time management, and prioritization skills

M&T Bank provides a variety of banking services to individuals, small businesses, and larger enterprises. Its offerings include mortgage assistance programs, personal and business checking accounts, and mobile banking solutions. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a customer-focused approach. M&T Bank's business model is based on traditional banking services such as loans, deposits, and investment products, generating revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded its services and market presence.

Company Stage

IPO

Total Funding

N/A

Headquarters

Buffalo, New York

Founded

1993

Simplify Jobs

Simplify's Take

What believers are saying

  • M&T Bank's $1.5 billion senior notes offering strengthens its financial position.
  • Decreased prime rate may attract more borrowers, increasing loan volume.
  • Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

What critics are saying

  • Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.
  • Integration challenges from the United Bank merger may disrupt operations.
  • Decreased prime rate could reduce interest income, impacting profitability.

What makes M&T Bank unique

  • M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.
  • The bank offers a wide range of traditional and digital banking services.
  • Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

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Benefits

401(k) Company Match

401(k) Retirement Plan

Flexible Work Hours

Hybrid Work Options

Paid Vacation

Paid Holidays

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account