Fraud Model Risk Manager, Machine Learning
Affirm182,000 - 255,000 USD/year
- Full Time
- Junior (1 to 2 years)
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
Candidates must possess a Bachelor’s degree in Mathematics, Statistics, Business Engineering, Econometrics, or a science-based discipline, along with a minimum of two years of experience in model development or validation. Technical knowledge of advanced software packages used in analytics is required, and a Master’s degree in Business Administration (MBA) or an advanced degree is preferred.
Responsibilities
The Model Risk Analyst II - Validation will coordinate the engagement of third parties for model validation, review the results of these validations, perform validation and analysis of expert judgment and qualitative factors, review controls and documentation, recommend model cessation, provide effective challenge during model development, prepare reporting for management, participate in meetings with model owners, develop knowledge in model validation/risk analytics, mine data from various sources, develop ad hoc processes, prepare written analysis of validation work, adhere to compliance/operational risk controls, and maintain internal control standards. They will also undertake day-to-day model validation activities, plan and organize results, and complete other related duties as assigned.
Skills
Model Validation
Risk Analytics
Data Mining
Data Analysis
Reporting
Documentation
Compliance
Audit
Problem Solving
Presentation Software
Word Processing
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.
Key Metrics
Buffalo, New YorkHeadquarters
1993Year Founded
IPOCompany Stage
Financial ServicesIndustries
10,001+Employees