M&T Bank

Dealer Commercial Services Group Manager (Southeast USA)

United States

$161,715 – $269,525Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Position Overview

  • Location Type: Onsite (Southeast USA - FL/GA/TN/NC/SC)
  • Employment Type: Full-time
  • Salary: $161,714.79 - $269,524.66 Annual (USD)

Responsible for managing commercial relationships for a specified group or geographic region (Southeast USA). This will include managing a staff of relationship managers and may include developing and servicing significant client relationships. This role will preferably sit in the Southeast USA (FL/GA/TN/NC/SC) and will require frequent travel within the territory.

Responsibilities

  • Revenue Generation: Growing the net interest income and fee income for the team.
  • Risk Management: Ensuring the credit quality of the team and keeping senior management abreast of deteriorating credits and identification of trends.
  • Negotiations: Providing oversight of negotiations for all transactions handled by the team.
  • Loan Approval: Negotiating, structuring, and approving loans and terms within lending limits.
  • Staff Development: Training and coaching the team, providing support to Relationship Managers (RMs) for their development, and building bench strength within the group.
  • Sales Management: Managing the sales process.
  • Community Engagement: Representing the Bank in civic and community activities.
  • Managerial Authority: Exercising the authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, and terminations.

Scope of Responsibilities

  • Provide oversight of negotiations for all transactions handled by the team.
  • Negotiate, structure, and approve loans and terms within lending limits.
  • Overall responsibility for risk management, staff development, and sales management of the team.

Supervisory/Managerial Responsibilities

  • Manage a staff of relationship managers.

Requirements

  • Education: Bachelor’s Degree or four years of relevant experience.
  • Experience: Ten years of commercial lending experience.
  • Sales Management: Previous sales management experience.
  • Knowledge: Knowledge of banking credit principles.
  • Communication Skills: Excellent verbal communication skills.
  • Interpersonal Skills: Outstanding interpersonal skills.
  • Skills: Relationship Management skills.

Education and Experience Preferred

  • Education: MBA is preferred.
  • Knowledge: Applied knowledge of Bank policies and procedures.
  • Sales Performance: Proven track record of sales achievement.

Company Information

  • Company: M&T Bank
  • Compensation Philosophy: M&T Bank is committed to fair, competitive, and market-informed pay for its employees. The specific pay range applicable to you may vary based on your location.

Skills

Commercial Lending
Relationship Management
Loan Negotiation
Credit Risk Management
Staff Development
Sales Management
Negotiation
Client Relationship Development

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.

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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