Credit Manager - Loss Forecasting & Analytics
Mission LaneFull Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
The ideal candidate will have a strong background in quantitative analysis and model development, with experience in credit risk management, interest rate risk, liquidity risk, stress testing, and economic capital practices. A proven ability to lead teams, interpret complex data, and communicate findings to senior management is essential. Knowledge of behavioral/econometric modeling, credit risk management, balance sheet management, and relevant regulatory requirements is expected. Experience with data sources, model documentation, and validation processes is also required.
Manage a team of quantitative analysts and modelers to support Treasury's data, systems, and forecasting needs. Lead end-to-end model development and implementation for behavioral models. Interpret data, develop recommendations, and present findings to senior management. Collaborate with internal and external stakeholders to develop and implement strategies for pricing, underwriting, and funding. Develop and implement performance metrics and reporting. Serve as a subject matter expert for quantitative risk management and mentor team members. Ensure satisfactory model documentation and lead engagements with Model Risk Management for validation exercises. Define, develop, and deploy risk management practices and infrastructure Bank-wide. Maintain knowledge of industry best practices and regulatory standards.
Full-service banking for individuals and businesses
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.