Senior Global Sourcing Analyst - Project Manager (Hybrid) at M&T Bank

Amherst, New York, United States

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

Requirements

  • Bachelor’s degree and minimum of 3 years’ related experience, or in lieu of a degree, a combined minimum of 7 years’ higher education and/or work experience, including a minimum of 3 years’ related experience
  • Knowledge of pertinent spreadsheet, word processing, and presentation software
  • Excellent verbal and written communication skills
  • Strong analytical skills
  • Creative problem-solving skills
  • Experience interacting effectively with all levels of personnel
  • Excellent project management skills

Responsibilities

  • Lead calls, own projects, and deliver results for off-shore initiatives with Bank process owners, subject matter experts (SMEs), and off-shore vendors from concept through approval, transition, and performance reporting
  • Coordinate new reviews and onsite assessments with vendors and the business for potential off-shore opportunities
  • Coordinate due diligence reviews with business, Compliance, privacy, Risk, and Audit
  • Assist with drafting contract items, including MSA schedules
  • Maintain project lists across vendors and prepare monthly program dashboards and vendor summaries, and quarterly program accomplishments
  • Follow program performance across vendors and track against SLAs (Service Level Agreements). Coordinate action plans or business continuity plans
  • 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
  • Interact substantially with internal contacts at middle and senior management levels, as well as external contacts to obtain pertinent information
  • Serve as liaison between department and other Bank personnel on various projects and be responsible for overall coordination and management of projects at a division and department level, including day-to-day supervision of project participants
  • Prepare data and present as required to senior level managers
  • Work independently and provide coverage for management as required by absence

Skills

Project Management
Procurement
Governance
Risk Management
Performance Reporting
Issue Monitoring
Vendor Management
Due Diligence
Contract Drafting
MSA
SLA Tracking
Business Continuity
Program Dashboards

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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