Wealth Transformation

  • M&T Bank
  • Wilmington, DE, USA
  • Nov 09, 2020
[Information Technology]

Job Description

The ideal candidate has a proven record of leading software development teams across diverse wealth product areas in an agile product delivery model that has focused on digital, people leadership and product / business relationship responsibilities. A candidate should be adept at setting strategic direction with partners and have experience solving complex problems internally and externally to the agile team. The Product Owner must have excellent communication skills, ability to influence, a product-based mindset and be able to build strong relationships with internal teams and senior leadership. Experience in working with client analytics, data and utilizing client information for identifying client solutions and opportunities in a wealth management business is beneficial.
Responsible for providing the strategic direction for multiple product lines and/or services for major existing or new market segment(s). Responsible for setting strategic direction for a Wealth Management product, channel and/or set of initiatives. Designs product, and develops market strategies (i.e. pricing, expense planning, profit plans, packaging, future products, and process and technology advancements, etc.) and goals and assures successful implementation; monitors the achievement of such goals. Formulates and implements policy and procedures. Ensures that application of M&T leadership, values and commitment through direct and indirect managers. May have profit/loss responsibility for the product.
Product life cycle management: Develop the end-to-end life cycle of complex products from ideation through implementation and through maintenance and support.
Product road map definition: Help develop a product feature and release road map based on in-depth data analysis and a clear understanding of user needs and expectations
Prioritization: Clearly define priorities to guide project plans, set clear/measurable objectives and deploy team resources appropriately to achieve business goals
Product Specifications: Write and consult on product specifications, manage design challenges and implement agile product delivery
Analytics: Manage the on-going research to track, monitor and analyze product performance.
Training and Communication: Contribute to the development of marketing material, training programs, operational procedures and systems requirements.
Attain/develop a depth of domain knowledge in order to evaluate current/future state business (and product) objectives and ensure target state architecture alignment with business capability needs, serving as subject matter expert with respect to major business processes and supporting applications/capabilities.
Collaborate closely with all team members including technology, user experience design, and architecture to define and elicit business needs; building to a comprehensive understanding the domain.
Effectively communicate across development, marketing, sales and support
Review new developments in wealth management industry, evaluating and recommending new services or new features
If applies, exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
Understand and adhere to the Companys risk and regulatory standards, policies and controls in accordance with the Companys Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management.
Promote an environment that supports diversity and reflects the Wilmington Trust brand.
Maintain Wilmington Trust 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.
Supervisory/ Managerial Responsibilities:
Manages a team of professionals (includes people, budget and planning.
Results and/or actions impact the bank's long-term operations, revenues or profitability. The incumbent has extensive contact with other bank departments for the effective and profitable marketing of new products and the enhancement of existing products.
Champion strategies and development of new and improved processes that support business growth, organizational efficiencies and customer service objectives.
Oversee and evaluate high-level processing key performance indicator models and develop reporting to manage business function processes effectively.
Bachelor's degree and a minimum of 10 years' proven marketing, product management, financial, operations and/or project management experience, or in lieu of a degree, a combined minimum of 14 years' higher education and/or work experience, including a minimum of 10 years' proven marketing, product management, financial, operations and/or project management experience.
Minimum of 3 years' managerial and/or leadership experience.
Strong interpersonal and verbal and written communication skills.
Strong financial analysis skills.
Strong analytical skills.
Master's degree.
Knowledge of software programs utilized by department.
We encourage candidates with relevant military experience to apply.
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.
Wilmington, Delaware, United States of America
Associated topics: .net, application architect, application developer, architecture, c/c++, programming, project architect, senior software developer, software architect, software engineer lead