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Model Governance Analyst II-Model Risk Management - 3DHE9 in Buffalo, NY at M&T Bank

Date Posted: 5/6/2018

Job Snapshot

Job Description

Together, M&T Bank and Wilmington Trust, a part of M&T Bank Corporation, represent one of the country’s leading depository and lending franchises, a premier wealth advisory firm, and the partner of choice for corporate transactions and structures.  As one of strongest, most successful companies in the U.S financial services industry, M&T continues to grow, offering value to our shareholders and opportunity to qualified professionals.  M&T Bank Corporation is one of the 20 largest commercial bank holding companies headquartered in the United States. With over 17,000 employees and more than 700 branches, M&T serves more than two million consumer households and commercial clients.

 

At M&T, we understand what's important when you're considering a career change: a company with a solid history of responsible growth and positive earnings. A company committed to the communities it serves. One that rewards performance and provides employees with opportunities to direct their own career paths. A company with a focus on the future.
Basic Function
Responsible for the implementation and execution of Bank wide model risk management policies and procedures in conformance with regulatory guidance. This includes review of models used within the organization, model documentation protocols, development and maintenance of model risk reporting and maintenance of the model inventory, amongst other tasks.
Essential Position Responsibilities
Participate in efforts to develop, implement and enhance model risk management practices including developing policies and procedures for model owners and developers.
Ownership and maintenance of a comprehensive Bank wide inventory of models. Preparation and execution of model risk assessments and risk tier review. Analyze results and present findings to management.
Tracking of remediation progress and resolution status for identified model deficiencies.
Ownership and maintenance of comprehensive reporting on the population of deficiencies identified, remediation status, and other critical data elements with respect to remediation.
Project administration for model validation and model annual reviews.
Administration and support for the Model Risk Oversight Committee/Working Group.
Coordinate and prepare model risk reporting for Senior Management and the Board of Directors.
Coaching and mentoring of analyst staff.
Stay current on any Model Risk regulatory requirements and changes as well as industry best practices.
Provide risk support for major initiatives as appropriate, both specific to model risk and others as needed.
Assist in other tasks as assigned.
Nature and Scope
The Model Risk Management Department is responsible for maintaining policies and procedures and providing guidance to business lines for all aspects of model risk management. This position interacts with multiple levels of management and staff across all business lines in the Bank.
Basic Qualifications
Bachelor’s Degree in relevant area of study, preferred majors include Business Management, Finance, and Economics, or in lieu of degree, four (4) years relevant work experience.
Minimum three (3) years’ experience in a Banking, Risk, or Finance related role.
Proficiency with personal computers as well as pertinent software packages.
Ability and willingness to learn about a wide variety of topics and develop a variety of skills.
Able to work proactively and independently as well as in a collaborative team environment.
Demonstrated leadership skills.
Proven written and verbal communication skills, including strong presentation skills.
Strong project management skills.
Demonstrated ability to meet deadlines.
Thorough attention to detail and documentation.
Ideal Qualifications
Master’s degree preferred.

 

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.