M&T Bank

LEAF Program Business Development Manager

United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial Services, Equipment FinancingIndustries

Major Account Program Manager

Position Overview

Establishes new Major Account Programs and facilitates all aspects of the internal and external onboarding process. Oversees each program’s performance and works with sales leadership of the respective LEAF business unit to launch sales and marketing initiatives. Works with senior management to develop new products and services for current and prospective Major Account Program Partners and manages their launch by working with internal and external teams. May manage Business Development team members.

Primary Responsibilities

  • Leverage research completed by Business Development Associates to identify business development needs and areas of opportunity with current and potential customers.
  • Leverage research completed by less experienced staff to determine top targets, equipment types, financing products, competition, pricing, macro-economic factors, and other items; summarize these findings for senior management to support business development-related activities.
  • Utilize phone calls, emails, and/or marketing-assisted campaigns to identify, develop, and drive partnerships with business development targets and build relationships with major manufacturers and distributors.
  • Attend and/or exhibit at select industry-specific tradeshows to identify and develop additional business development opportunities.
  • Track competitor existing manufacturer programs through press releases and information received during prospecting.
  • May manage Business Development Associates.
  • Participate in various equipment finance industry association committees and events to expand knowledge as well as opportunities for new business to grow the LEAF & M&T brand.
  • Discover new trends in equipment financing.
  • 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.

Scope of Responsibilities

Supervisory/Managerial Responsibilities:

  • Train and develop Business Development Associates; also set goals, track progress, and manage their activities.

Requirements

Education and Experience Required:

  • Bachelor’s degree and a minimum of 5 years’ relevant work 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’ relevant work experience.
  • Experience working in a fast-paced environment.
  • Experience working in a sales-oriented environment.
  • Experience working in a challenging environment.
  • Proficiency with personal computers as well as pertinent spreadsheet software.
  • Thorough knowledge of LEAF’s value proposition.
  • Experience with lease origination sales, lease, loan, and assignment documentation, pricing, cash flow discounting, and financial modeling.

Education and Experience Preferred:

  • Minimum of 7 years’ relevant experience.

Compensation

  • Salary Range: $85,104.04 - $141,840.07 Annual (USD)
    • Note: Listed salary range is base only and range is dependent on location. The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The specific pay range applicable to you may vary based on your location.

Company Information

  • M&T Bank is committed to fair, competitive, and market-informed pay for its employees.

Location

  • Clanton, Alabama, United States of America

Employment Type

  • Full time

Physical Requirements

  • (No specific physical requirements listed in the original description)

Skills

Business Development
Account Management
Sales and Marketing
Industry Research
Relationship Building
Trade Show Representation
Industry Association Participation
Risk and Regulatory Compliance
Financial Products Knowledge
Competitive Analysis

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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