[Remote] Senior Commercial Payment Sales Representative at M&T Bank

United States

M&T Bank Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor's Degree or four years of relevant experience, along with at least two years of experience in banking, sales, or customer service. Proficiency in Microsoft Office products is also preferred.

Responsibilities

The Senior Commercial Payment Sales Representative will achieve sales profitability, growth, and account penetration within their assigned territory by originating new Treasury Management business and retaining existing clients. They will build and maintain business partnerships with internal stakeholders to develop sales opportunities, promote and sell Treasury Management Services using a consultative approach, and fulfill assigned revenue goals. Responsibilities include preparing sales presentations and proposals, conducting ongoing training for business partners, managing sales lead channels, identifying cross-sell opportunities, developing proposals with recommended pricing, facilitating price negotiations, ensuring timely implementation of new accounts, and resolving customer issues. The representative will also keep business partners informed of sales activities, pipeline status, and product updates.

Skills

Treasury Management Services
Sales
Relationship Management
Consultative Selling
Sales Presentations
Business Development
Customer Retention
Payment Cycle Selling
Communication

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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