Finance/Credit Model Risk Manager
AffirmSalary not specified
Full Time
Senior (5 to 8 years), Expert & Leadership (9+ years)
$82,783 – $137,972Compensation
Mid-level (3 to 4 years), Senior (5 to 8 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, coupled with a minimum of 3 years of experience in model development or validation. A combined minimum of 5 years of higher education and relevant work experience is required, along with technical knowledge of advanced analytics software packages. An MBA or advanced degree is preferred.
Responsibilities
The Model Risk Analyst III will conduct independent reviews and validations of models used within the organization, focusing on risk assessment and compliance with SR 11-07. This role involves interacting with lines of business and support areas, planning and executing validation activities, and ensuring adherence to internal control standards. The analyst will also address audit points and regulatory issues, and complete other assigned duties.
Skills
Model Validation
SR 11-07 Compliance
Risk Assessment
Analytics
Mathematics
Statistics
Business Engineering
Econometrics
Advanced Software Packages
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