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Advanced Analystics Analyst II - 3DJU2 in Buffalo, NY at M&T Bank

Date Posted: 8/23/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Buffalo, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    8/23/2018
  • Job ID:
    3DJU2

Job Description

BASIC FUNCTION:
This is a strategic position responsible for creating high caliber modeling and advanced analytics capabilities at M&T Bank. Responsible for directing predictive modeling, and design of experiment efforts, as well as application of advanced statistical techniques to address key business and marketing questions at M&T Bank.
POSITION RESPONSIBILITIES:
Serve as a member of the Customer Analytics leadership team and focus on continuously enhancing and evolving our advanced analytics capabilities.
Responsible for creating model design, development, application, tracking, and management policies and procedures and governance of all marketing and customer management models.
Lead the design, development, application and execution of all marketing and customer models and application of advanced statistical methods (such DOE, clustering, data reduction, choice modeling, simulation, forecasting, etc.), to address marketing and business questions.
Serve as an expert in the area of test design, sampling, multivariate testing and design of experiments and develop testing schemes and sampling plan to support A/B and multivariate testing.
Provide actionable and insightful recommendations from data mining, segmentation, customer analyses with the goals of identifying acquisition, cross-sell, up-sell, and retention opportunities. Present results of the analyses, insights, and recommendations to senior management.
Participate in strategic marketing decisions relating to customer needs, preferences, behaviors, and segmentation, as well as advertising, direct marketing, and digital marketing efforts.
Collaborate with other partners within Marketing to develop strong relationships with internal clients (business units) and understand their needs pertaining to advanced analytics and customer insights.
Develop and maintain close relationships with model review, approval and validation committees. Present model methodology, approach and model details to Model Risk Oversight Committee, Compliance, etc., and gain their approval of our models.
Serve as the technical thought leader and keep abreast of the latest statistical techniques, test designs, sampling procedures, and scoring algorithms through industry research, vendors, etc.
Continuously evaluate new data sources to enhance the efficacy of predictive models.
Oversee the validation, tracking, and monitoring the performance of statistical models, and development of next-generation models.
Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
Promote an environment that supports diversity 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.
NATURE AND SCOPE:
This position is responsible for directing our on-shore and off-shore advanced analytics team. The Advanced Analytics team develops, implements, monitors and maintains sophisticated predictive models (including response, propensity-to-buy, attrition, lifetime value, etc.) that best achieve marketing and business goals. This is a strategic position, is responsible for developing and managing strong relationships with internal clients (business groups) and understanding their needs pertaining to advanced analytics.
MANAGERIAL/SUPERVISORY RESPONSIBILITY:
Responsible for the leadership, coaching, development and superior performance of a group of 1-2 offshore team members.
MINIMUM QUALIFICATIONS REQUIRED:
Master’s Degree in a quantitative (statistics, mathematics, operations research, etc.) or related field.
5 years of relevant work experience.
In lieu of advanced degree, 9 years of related work experience required.
Experience in coaching and directing work of analysts and vendors.
In-depth knowledge of statistical tools (e.g., SAS, SPSS) and techniques (linear regression, time series analysis, factor analysis, cluster analysis etc.) used for modeling, segmentation, and in-depth data analysis
IDEAL QUALIFICATIONS PREFERRED:
Ability to assume project oriented work requiring the combination of synthesizing information and presenting findings that aid in managerial decision making.
Ability to work in a fast-paced, multi-tasked environment.
Superb verbal and written communication skills.
PhD in Mathematics, Statistics, Quantitative Analysis or another technical discipline
Financial Services industry experience
Experience in managing and overseeing offshore analytics staff/vendors.
Proven ability to effectively coach and develop talent
Three years marketing analytics or consulting experience with consumer financial services, and/or marketing services companies.
About M&T
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful,conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.