Senior Model Risk Analyst
UpgradeFull Time
Senior (5 to 8 years)
Candidates must possess a Bachelor's degree in Mathematics, Statistics, Quantitative Analysis, or a related technical discipline, or an equivalent combination of education and work experience. A minimum of 7 years of relevant experience in banking or financial services is required, along with proficiency in SAS, SAS Enterprise Miner, other statistical software packages, advanced SQL, and Microsoft Office. Demonstrated ability to manipulate and analyze data across large databases and communicate complex concepts effectively is essential.
The Quantitative Risk Analyst Expert will lead quantitative analysts in establishing, monitoring, evaluating, and interpreting credit risk data, applying analytical frameworks to support business strategy. They will collaborate with cross-functional teams to translate analytical findings into actionable insights for strategic decision-making, and mentor team members on statistical modeling and analytical skills. The role involves performing data manipulation and analysis using SAS, Python, and SQL, tracking portfolio performance, and presenting results to stakeholders. Additionally, the analyst must understand and adhere to the company's risk governance and regulatory standards, identify risk-related issues for escalation, and promote an inclusive work environment.
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.