Senior Credit Risk Analyst
MudflapSalary not specified
Full Time
Mid-level (3 to 4 years)
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
- Bachelor’s Degree in a Business or Mathematics-based discipline or related field, or in lieu of degree, four- or five-years’ credit risk, financial or business analysis experience
- Five years’ relevant experience in Banking, Risk or Finance analysis or a related field
- Five years’ experience preparing written documentation and/or papers/publications
- Proficiency in Statistical Analysis System (SAS), PYTHON or similar tool
Responsibilities
- Monitor, evaluate, and interpret data on the Bank’s Commercial Loan portfolio related to the Credit Risk Rating Framework, including preparation of trend analysis, exposure limits, and various risk identification reports
- Develop tools for monitoring movements in the portfolio, identify emerging risks, and make recommendations to management
- Leverage risk experience and business knowledge to assist in planning initiatives to accomplish enterprise-wide goals around the Commercial Portfolio
- Contribute to the effective management of commercial credit risk by supporting the Risk Rating Framework through analytical practices, adherence to regulatory guidance, and understanding of M&T Credit Culture
- Assist with the review of the Probability of Default (PD) and Loss Given Default (LGD) Masterscales, and the use of scorecards to assign credit risk ratings; recommend improvements to Credit Risk Management
- Support the PD and LGD Masterscales through large commercial datasets using statistical analysis in SAS, PYTHON or similar tool to compare estimates to historical performance; communicate analytical results to Bank-wide stakeholders
- Collaborate with Model Risk Management to ensure compliance with model governance requirements, including documentation updates, performance monitoring, and validation support for department-owned models
- Provide financial analysis and data support to other groups/departments across the Bank as required
- Develop knowledge around various Banking Regulatory requirements
- Regularly present portfolio risk summaries and dashboards to management and governance committees
- Lead special projects as requested by Management
- Mentor junior staff
- Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies
- Promote an environment that supports belonging and reflects the M&T Bank brand
- 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
SAS
Python
Statistical Analysis
Probability of Default
Loss Given Default
Credit Risk Rating
Scorecards
Data Analysis
Financial Analysis
Risk Management
Model Governance
Regulatory Compliance
Portfolio Analysis
Trend Analysis
Dashboards
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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