Data Quantitative Analyst - Credit Risk

M&T Bank Corporation; Buffalo (NY); On-site; USD 86,000 - 143,000; Full time

Job summary

M&T Bank Corporation in Buffalo, NY is seeking a data analytics professional to monitor and interpret data for the Commercial Loan Portfolio and Credit Risk Rating Framework. You will apply advanced quantitative methods, explore data, and produce risk identification reporting to support risk management and strategic decisions.

Responsibilities include evolving the PD/LGD Masterscales, working with SAS, Python, and SQL on large datasets, and communicating insights to stakeholders.

Qualifications

• Bachelor’s degree and 3+ years of related experience.
• Or 7+ years combined higher education/work experience with at least 3 years related.
• Familiarity with a common programming language.
• Experience working with large databases.

Responsibilities

• Support the Risk Rating Framework through analytical practices and regulatory alignment.
• Assist with review of PD and LGD Masterscales and use of scorecards.
• Recommend improvements to Credit Risk Management.
• Support PD/LGD Masterscales using large datasets with SAS, Python, or similar tools.
• Compile and analyze data from multiple sources to identify trends and explain variances.
• Collaborate with Model Risk Management for governance, documentation, and validation support.

Skills

Data analysis

Data exploration

Analytical thinking

Education

Bachelor’s degree

Tools

SQL

SAS

Python

Java

Julia

Job description

OVERVIEW

Responsible for monitoring, evaluating, and interpreting data related to the Bank’s Commercial Loan Portfolio and Credit Risk Rating Framework. Performs advanced quantitative analysis, data exploration, and statistical techniques to identify trends, assess portfolio risk, monitor exposure limits, and produce risk identification reporting. Provides data-driven insights that support risk management, strategic decision-making, and the ongoing effectiveness of the Bank’s credit risk rating processes.

POSITION RESPONSIBILITIES

• 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 and Loss Given Default Masterscales and the use of scorecards to assign credit risk ratings.
• Recommend improvements to Credit Risk Management.
• Support the PD and LGD Masterscales using large commercial datasets and statistical analysis in Statistical Analysis System (SAS), Python, or similar tools to compare estimates to historical performance and communicate analytical results to Bank-wide stakeholders.
• Compile, combine, profile, and analyze data from multiple sources to identify trends, monitor portfolio performance, explain variances, and support risk identification reporting.
• 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 and departments across the Bank as required.
• Develop clear visualizations and reporting to explain analytical findings, portfolio trends, and risk-related insights.
• Provide guidance to junior analysts.
• 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.
• Design, implement, maintain, and enhance internal controls to mitigate risk on an ongoing basis.
• 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.
• Promote an environment that supports belonging and reflects the M&T Bank brand.

MINIMUM QUALIFICATIONS REQUIRED

• Bachelor’s degree and a minimum of 3 years of related experience, or in lieu of a degree, a combined minimum of 7 years higher education and/ or work experience, including a minimum of 3 years related experience Familiarity with a common programming language Experience working in large databases

IDEAL QUALIFICATIONS PREFERRED

• 4 or more years related work experience in data analysis Intermediate skills in programming languages such as SQL, SAS, Python, Julia or Java Experience working with a statistical analysis software package Experience with one or more cloud databases. Experience working within an agile environment

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,800.00 - $143,000.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location Buffalo, New York, United States of America

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities - combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values - integrity, ownership, collaboration, curiosity, and candor - drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T's Human Capital Report to learn more.

M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.