M&T Bank will add 200 positions in Wilmington as part of an announced plan to hire more than 1,000 technologists in coming years.
The hiring will bolster Wilmington’s status as a financial technology “fintech” hub for a number of financial institutions. Banks are building theirfintechpresence in response to growing demands for accessing accounts and making transactions via mobile devices.
M&T’s planned hiring investments include:
- More than 1,000 permanent technology roles, including software engineers, web developers and other digital positions, over the next five years. The first 250 of these technology positions will be posted and filled throughout 2019.
- Approximately 1,000 of the jobs will be located in M&T’s headquarters city of Buffalo, N.Y., while 200 permanent technology positions will be located at the company’s Wilmington Plaza, a nearly 300,000-square-foot office building the company owns in downtown Wilmington.
“Talent is a differentiator — for our company and our communities,” said René Jones, chairman and CEO of M&T Bank. “M&T’s continued success will be driven by advancing a culture of innovation, where creative collisions happen, where new talent and new ideas come together to better meet the needs of our customers and communities, to better deliver our brand of banking, in today’s changing world, to better fulfill our promise and our purpose and to make a difference in people’s lives.”
“We want M&T to be a compelling destination for talented, innovative, tech-savvy, people,” said M&T’s chief information officer Michael Wisler. “We’ve recently renovated our workspaces into more engaging, open and collaborative environments with the best technology, standing desks and comfortable lounges, giving people much more choice and control over where they work during the day. We’re also doing more to support our local colleges and universities, as well as the startup community, which help make our communities destinations for people seeking opportunity.”
In addition to the technology positions, the company currently has approximately 1,900 open positions across its footprint, including retail and business banking, commercial lending, corporate operations, as well as Wilmington Trust’s Institutional Client Services and Wealth Management divisions.
M&T Bank is a Fortune 500 company that employs more than 17,000 people nationwide.