Credit Risk Analyst I (Hybrid- See Job Description for Listed Locations) at M&T Bank

Buffalo, New York, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Quantitative Analysis, or another technical discipline with minimum of 2 years relevant experience or in lieu of degree, a combined minimum of 6 years higher education and/or work experience to include a minimum of 2 years relevant experience
-OR- Master’s degree in Finance, Economics, Mathematics, Statistics, Quantitative Analysis, or another technical discipline
Preferred: Banking or Financial Services experience; Previous Financial Analysis experience preferred
Hybrid work arrangement requiring in-office work three days every week at specified locations (M&T Center, Buffalo, NY; Bridgeport, CT; NYC, NY; Rochester, NY; Boston, MA; NJ; Wilmington, DE; or Baltimore, MD)

Responsibilities

Assist in establishing, monitoring, evaluating, and interpreting data with a risk management focus and an understanding of business strategy
Demonstrate working knowledge of Credit Risk databases to provide data and analytical support to Senior Management
Perform data manipulation and analysis of financial, demographic, behavioral, market and economic data using Microsoft Office Products (Excel, Power BI) and/or Tableau and present results and recommendations to Credit Risk Management
Monitor performance of loan portfolio credit quality; communicate issues to management; quantify business ramifications; investigate incidents that may result in losses and compile findings for management review
Demonstrate working knowledge of credit risk metrics including Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD)
Track portfolio performance and risk strategy results. Incorporate observations and data in existing models to improve predictive results
Identify deviations from forecast/expectations and explain variances in complex situations. Identify risk and/or opportunities
Develop and enhance financial analysis and data support tools that will be used both in and outside the Credit Division
Leverage market intelligence, including macroeconomic data, capital and equity market trends and other industry information to supplement portfolio analysis and to identify market trends that could be detrimental to the portfolio
Assist with special projects as requested by management
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies
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

Skills

Excel

Power BI

Tableau

Statistical Analysis

Credit Risk Metrics

Probability of Default

Loss Given Default

Exposure at Default

Data Manipulation

Portfolio Monitoring

Trend Analysis

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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