Model Risk Analyst - Validation & Analytics Lead

M&T Bank; Buffalo (NY); On-site; USD 108,000 - 132,000; Full time

Job summary

M&T Bank in Buffalo, NY is seeking a Model Risk Analyst - Validation to independently review complex financial statistical models with a focus on Treasury, Fair Lending, and Credit Risk models. You will prepare quality reports for management and lead Effective Challenge presentations of validations.

Responsibilities include supporting the model risk management lifecycle, coordinating third-party engagements, reviewing validation results, documenting controls, and developing playbooks for

Qualifications

• Master's degree or foreign equivalent in a related technical field plus 3 years of model risk experience.
• Experience with statistical modeling techniques including regression and machine learning used in risk modeling.
• Proficiency in Python or SAS for modeling, reporting and validation.
• Strong written and oral communication for management reporting.

Responsibilities

• Perform independent validation of complex financial models with focus on Treasury, Fair Lending and Credit Risk models.
• Prepare management reports and lead Effective Challenge presentations of validations.
• Support model risk management lifecycle and regulatory compliance in validations.
• Coordinate third-party validation engagements and review third-party results.

Skills

Statistical modeling

Python

SAS

Machine learning

Data analysis

SQL

Education

Master's degree in Financial Mathematics / Statistics / Math / CS

Bachelor's degree + 6 years experience alternative

Tools

Python

SAS

Job description

M&T Bank in Buffalo, NY is seeking a Model Risk Analyst - Validation to independently review complex financial statistical models with a focus on Treasury, Fair Lending, and Credit Risk models. You will prepare quality reports for management and lead Effective Challenge presentations of validations.

Responsibilities include supporting the model risk management lifecycle, coordinating third-party engagements, reviewing validation results, documenting controls, and developing playbooks for