Product Owner I at M&T Bank

Buffalo, New York, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Bachelor’s degree and a minimum of 4 years’ business, analytical, technical and/or product experience, or in lieu of a degree, a combined minimum of 8 years’ higher education and/or work experience, including a minimum of 4 years’ business, analytical, technical and/or product experience
Prior experience prioritizing across competing priorities and quickly-changing landscape (preferred)
Prior experience actively seeking out multiple opinions, yet making independent decisions and influencing positive outcomes (preferred)
Understanding of Design Thinking principles (preferred)
Knowledge of basic product design and development best practices (preferred)
Knowledge of Agile and Lean principles and practices (preferred)
Experience working in partnership with user experience teams on product design (preferred)
Experience developing/managing digital capabilities (preferred)
Strong verbal and written communication skills (preferred)
Specific subject matter expertise as required by assigned product (preferred)

Responsibilities

Build and own the product vision and roadmap that aligns with the overall strategic intent and communicate them with the team and all stakeholders
Prioritize the backlog based on the overall product vision and strategy
Represent the voice of the customer within the team and convey story details to the team; make autonomous decisions, quickly and thoughtfully, to move delivery forward in alignment with overall product vision and strategy
Write user stories and groom the backlog in partnership with the team. Specify acceptance criteria for each user story in support of moving the team to Acceptance Test-Driven Development (ATDD)
Work directly with the delivery team to create appropriate information radiators and other communication tools for internal team and stakeholder use
Participate in all team activities and ceremonies
Use a matrixed influencing approach to work with essential business partners throughout the organization irrespective of hierarchy or divisions, advocating for the benefit of the customer
Understand and engage with your customers
Focus on outcomes over outputs, incorporating design thinking methods and analytics to inform product design
Collaborate across teams and with other Product Owners to align the customer journey and dependent backlogs
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
No direct management responsibility, but manage activities through influence, accountability and ownership, functioning in an agile environment

Skills

Product Vision

Product Roadmap

Backlog Prioritization

User Stories

Backlog Grooming

Acceptance Criteria

ATDD

Information Radiators

Agile Ceremonies

Design Thinking

Analytics

Stakeholder Management

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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