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Quantitative Risk Modeler I - Credit - 3DC6M in Buffalo, NY at M&T Bank

Date Posted: 2/5/2018

Job Snapshot

Job Description

Perform advanced data and statistical analysis in support of the creation and maintenance of statistical models, including Regression and Multivariate models. Support Quantitative Risk and Credit Risk Management in data analysis and model construction. Provide oversight and expertise in the model creation, testing and validation. Develop and integrate model strategy to support business initiatives and regulatory compliance.

Assist in establishing, monitoring, evaluating and interpreting data with a risk management focus with an understanding of business strategy.
Mentor and supervise the work of junior team members and assist in the development of their statistical modeling acumen in areas such as segmentation analysis, logistic regression, decision trees and multivariate analysis.
Demonstrated working knowledge of Credit Risk databases to provide data and analytical support to Senior Management.
Perform data manipulation and analysis using SQL, SAS and Microsoft Excel and present results and recommendations to Credit Risk Management.
Track portfolio performance and risk strategy results. Incorporate observations and data in to existing models to improve predictive results.
Identify deviations from forecast/expectations and explain variances. Identify risk and/or opportunities.
Prepare exhibits and supporting materials and develop recommendations for credit policy. Contribute to loss forecasts, demographic and credit limit utilization analysis.
Provide financial analysis and data support to other groups/departments including Finance, Marketing, Funding, Collections and Corporate Development as needed.
Perform Portfolio Management campaign tracking and analysis.
Provide guidance and direction to lower level analysts regarding all aspects of data analysis and the construction of predictive statistical models.
Identify opportunities to leverage statistical solutions to solve business problems.
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
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.

This role is highly technical in nature and requires demonstrated attention to detail, execution and follow up on multiple initiatives within the Credit Risk department. The ability to identify, analyze, rationalize and communicate complex business problems and recommend solutions is a key factor of success in this role. Success in this role requires the ability to use analytics in a collaborative effort across multiple functions and products to derive optimum solutions to business problems. A strong understanding of the credit lifecycle is critical to the success of an incumbent in this role.


Bachelor degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline with minimum of 5 years relevant experience or in lieu of degree, a combined minimum of 9 years higher education and/or work experience to include a minimum of 5 years relevant experience.
Master’s degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline, with minimum of 3 years relevant experience or in lieu of degree, a combined minimum of 9 years higher education and/or work experience to include a minimum of 3 years relevant experience.

PhD in Mathematics, Statistics, Quantitative Analysis or another technical discipline.
Banking or Financial Services experience.
Previous Credit Analysis experience preferred.
Experience with SAS, SAS Enterprise Miner and other Statistical Software Packages.
Advanced Knowledge of SQL and Microsoft Office.
Ability to utilize analytics in a collaborative manner across business functions and product lines to derive optimum solutions.
Demonstrated ability to communicate complex concepts.
Demonstrated ability to manipulate and analyze data across large databases.

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.