AI Automation Report for M&T Bank

M&T Bank is a major American financial services corporation providing a wide array of retail, commercial, and investment banking products. It serves a diverse clientele ranging from individual consumers and small businesses to large-scale commercial enterprises and government entities. The bank operates through a sophisticated digital banking platform and a massive network of physical branches, focusing on secure transaction management and comprehensive wealth management services. As a highly regulated enterprise-scale organization, its operations are defined by rigorous compliance standards, high-volume data processing, and complex multi-channel customer support.

https://www.mtb.com
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Yearly Cost Savings
$5,508,617

potential annual savings

Yearly Time Savings
55,829

hours/year automatable

Processes Analyzed
8

business processes

8
Process Areas
8
Sub-processes
40
Automatable Tasks
0
Fully Autonomous

Your Automation Opportunity

By automating 40 tasks across 8 sub-processes in 8 process areas, you could save approximately 55,829 hours/year and reduce costs by $5,508,617/year.

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Savings by Organization Level

Breakdown of automation potential by role level, with differentiated hourly rates.

👔

Executives

VP, Director, C-Level

Hours/year16,020
Rate$150/hr
Savings$2,403,045

Roles included:

VP of Retail BankingOnboarding CoordinatorVP of Credit Risk+8
📊

Managers

Manager, Lead, Supervisor

Hours/year16,749
Rate$95/hr
Savings$1,591,155

Roles included:

Onboarding ManagerUnderwriting ManagerSupport Manager+5

Specialists

Senior, Architect, Consultant

Hours/year3,515
Rate$125/hr
Savings$439,425

Roles included:

KYC SpecialistClaims SpecialistPayroll Specialist+2
💼

Contributors

Analysts, Agents, Assistants

Hours/year19,545
Rate$55/hr
Savings$1,074,992

Roles included:

Data Entry ClerkUnderwriterLoan Processor+13

Savings by Role

Benchmarks based on similar Banking / Traditional Finance companies in 🇺🇸 United States.

Chief Information Officer$442,125
Chief Compliance Officer$362,925
IT Security Manager$336,015
VP of Customer Experience$327,600
Compliance Manager$275,823

Processes Identified

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