M&T Bank

Business Banking SR Relationship Manager

Arlington, Virginia, United States

$60,000 – $90,000Compensation
Mid-level (3 to 4 years), Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor’s degree or 3-5 years of relevant work experience, along with a strong understanding of personal computers and the software utilized by the department. They must also demonstrate the ability to read and analyze financial statements and tax returns, and possess strong credit skills necessary to evaluate loan requests.

Responsibilities

The Business Banking SR Relationship Manager will develop new banking relationships with business prospects, service existing business banking client base, achieve established sales goals including revenue, loan production, and deposit balance production, manage a loan portfolio, oversee relationship managed clients, evaluate credit information and requests, effectively negotiate with underwriters and clients, network with centers of influence, actively participate in sales sprints, achieve call targets and product sales goals, and utilize prescribed selling techniques to maximize sales opportunities.

Skills

Financial Statements
Tax Returns
Credit Analysis
Loan Portfolio Management
Sales
Negotiation
Underwriting
Client Relationship Management
Business Development
Networking

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates 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 their services and market presence.

Key Metrics

Buffalo, New YorkHeadquarters
1993Year Founded
IPOCompany Stage
Financial ServicesIndustries
10,001+Employees

Risks

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.

Differentiation

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.

Upsides

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.

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