Quantitative Risk Analyst Lead (Hybrid)

M&T Bank Corporation; Buffalo (NY); Hybrid; USD 97,000 - 164,000; Full time

Job summary

M&T Bank is seeking a Quantitative Risk Analyst Lead in Buffalo, NY. This hybrid position focuses on managing data-driven decisions within the Consumer Credit Risk Management team. Candidates should have a strong background in data analysis and risk management, along with relevant educational qualifications.

Benefits

Medical benefits

Retirement plans

Paid volunteer time

Qualifications

• Minimum of 5 years relevant experience in Banking or Financial Services.
• Experience with SAS Enterprise Miner and other Statistical Software Packages.
• Ability to communicate complex concepts clearly.

Responsibilities

• Lead Quantitative Analysts in monitoring and evaluating data for credit risk management.
• Mentor junior team members in analytical and business acumen development.
• Perform data manipulation and analysis using statistical programming languages.

Skills

Data Analysis

Credit Risk Management

Analytical Techniques

SAS

SQL

Microsoft Office

Education

Bachelor degree in Mathematics, Statistics or Quantitative Analysis

Master's degree in Mathematics, Statistics or Quantitative Analysis

Job description

Quantitative Risk Analyst Lead (Hybrid) page is loaded

Quantitative Risk Analyst Lead (Hybrid)

Apply remote type Hybrid Position locations Buffalo, NY time type Full time posted on Posted Yesterday job requisition id R76551

Overview:

We are seeking a highly skilled and analytical Quantitative Risk Analyst Lead to join the Consumer Credit Risk Management team. This role is ideal for someone who thrives on working with large, complex datasets and is passionate about applying advanced analytical techniques to drive data-informed decisions.

Primary Responsibilities:

• Lead Quantitative Analysts in establishing, monitoring, evaluating and interpreting data with a credit risk management focus with an understanding of business goals by applying analytical and decision science frameworks. Collaborate with cross-functional teams to translate insights into actionable business strategies.
• Mentor and supervise the work of junior team members and assist in the development of their analytical and business acumen for the product lines that the department manages and in areas such as data analysis, segmentation analysis, logistic regression, decision trees and multivariate analysis.
• Demonstrate working knowledge of Credit Risk data to provide data and analytical support to Senior Management.
• Perform data manipulation and analysis using SAS, Python, SQL and Microsoft Office applications and present results and recommendations to various stakeholders.
• Identify deviations from forecast/expectations and explain variances. Identify risk and/or opportunities.
• Track portfolio performance and risk strategy results. Incorporate observations and data into existing analytical processes to improve predictive results.
• Understand and adhere to the Company’s risk governance 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 belonging and reflects the M&T Bank brand.
• Maintain M&T risk governance 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.

Education and Experience Required:

Bachelor degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline,
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.
-OR-
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

Minimum of 5 years relevant experience
Banking or Financial Services experience.
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.

Education and Experience Preferred:

Credit Analysis experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $97,869.52 - $163,115.87 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

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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. ViewM&T’s Human Capital Report to learn more.

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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.