M&T Bank

Product Owner II

United States

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Product Owner II - Finance Master Data Management Cloud Solution

Position Overview

Serves as the owner of the Finance Master Data Management Cloud Solution, representing the voice of the customer and stakeholders. The goal is to ensure the product provides value and acts as a source of truth for the M&T Chart of Accounts and other referential master data. Software development and quality assurance experience are integral to success in this role due to the nature of the product.

The Product Owner II defines their product vision and roadmap, prioritizes the product backlog, anticipates client needs, and serves as the primary communicator between product stakeholders and teams. This role involves evaluating product progress at each iteration and plays a key role in the company’s strategic direction by defining and articulating new opportunities. Collaboration with key stakeholders, including senior leadership and their dedicated agile team, is essential.

Primary Responsibilities

  • Product Vision and Roadmap: Build and own the vision and roadmap for large products or sets of products that align with the overall strategic intent, and communicate them to the team and all stakeholders.
  • Backlog Prioritization: Prioritize the backlog(s) based on the overall product vision and strategy.
  • Customer Advocacy: Represent the voice of the customer within the team and convey story details, making autonomous and thoughtful decisions to move delivery forward in alignment with the overall product vision and strategy.
  • User Story Development: Write user stories and groom the backlog in partnership with the team. Specify acceptance criteria for each user story to support Acceptance Test-Driven Development (ATDD).
  • Communication and Transparency: Work directly with the delivery team to create appropriate information radiators and other communication tools for internal team and stakeholder use to show progress on products.
  • Team Engagement: Participate in all team activities and ceremonies.
  • Stakeholder Collaboration: Use a matrixed influencing approach to work with essential business partners throughout the organization, advocating for the benefit of the customer, often at a more senior level and irrespective of hierarchy or divisions.
  • Customer Understanding: Understand and engage with your customers.
  • Outcome Focus: Focus on outcomes over outputs, incorporating design thinking methods and analytics to inform product design, especially for complex products.
  • Cross-Team Alignment: Collaborate across teams and with other Product Owners to align the customer journey and dependent backlogs.
  • Proxy Role: May act on behalf of the Senior Product Owner in their absence.
  • Risk and Compliance: 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.
  • Culture and Brand: Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Internal Controls: Maintain M&T internal control standards, including timely implementation of internal and external audit points and addressing issues raised by external regulators.
  • Additional Duties: Complete other related duties as assigned.

Managerial/Supervisory Responsibilities

No direct management responsibility. As an individual contributor, the jobholder must manage activities through influence, accountability, and ownership within an agile environment.

Education and Experience Required

  • Bachelor’s degree and a minimum of 6 years’ business, analytical, technical, and/or product experience.
  • Alternatively, in lieu of a degree, a combined minimum of 10 years of higher education and/or work experience, including a minimum of 6 years’ business, analytical, technical, and/or product experience.

Education and Experience Strongly Preferred

  • Expertise in Finance Master Data Management Cloud Solution.
  • Prior experience prioritizing across competing priorities and a quickly-changing landscape.
  • Prior experience actively seeking out multiple opinions while making independent decisions and influencing positive outcomes.
  • Understanding of Design Thinking principles.
  • Knowledge of product design and development best practices.

Employment Type

Full time

Location Type

Information not provided in the original description.

Salary

Information not provided in the original description.

Skills

Product Vision
Roadmap Development
Backlog Prioritization
User Stories
Agile Methodologies
Stakeholder Communication
Software Development
Quality Assurance
Master Data Management
Acceptance Test-Driven Development (ATDD)

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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