Senior Quantitative Risk Analyst - AML Modeling & ML

M&T Bank; Buffalo (AL); Hybrid; USD 86,000 - 143,000; Full time

Job summary

M&T Bank is seeking a quantitative analyst to support statistical and machine learning model development in a regulated environment. You will work on data preparation, model development, testing, validation, implementation, and monitoring using Python and SAS.

The role involves collaboration with senior modelers, handling large datasets, and documenting methodologies and monitoring frameworks. Strong banking or financial services experience is valued.

Qualifications

• Bachelor's degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline.
• Or in lieu of degree, a combined minimum of 7 years higher education and/or work experience to include a minimum of 3 years relevant experience.
• Master's degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline, with minimum of 1 year relevant experience, or in lieu of degree, a combined minimum of 7 years higher education and/or work experience to include a minimum of 1 year relevant experience.
• Minimum of 3 years relevant experience in Banking or Financial Services.

Responsibilities

• Support the design, development, testing, implementation, and monitoring of statistical and machine learning models.
• Prepare, transform, and analyze large datasets (e.g., transactions, customer behavior, entity data).
• Partner with senior team members to translate business problems into analytical approaches.
• Contribute to model documentation, including methodology, assumptions, and monitoring frameworks.
• Develop and maintain analytical code using Python and/or SAS.
• Assist in model performance monitoring and identification of model issues or limitations.
• Support model validation, audit, and regulatory review processes.
• Collaborate with stakeholders across EDD, FIU, Technology, and Model Risk Management.
• Ensure adherence to internal controls and regulatory expectations.
• Provide guidance to junior analysts where appropriate.
• Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain internal control standards and address audit points as applicable.

Skills

Python

SAS

Statistics

Data analysis

Education

Bachelor's degree in Mathematics/Statistics

Master's degree in quantitative field

Tools

Python

SAS

Job description

M&T Bank is seeking a quantitative analyst to support statistical and machine learning model development in a regulated environment. You will work on data preparation, model development, testing, validation, implementation, and monitoring using Python and SAS.

The role involves collaboration with senior modelers, handling large datasets, and documenting methodologies and monitoring frameworks. Strong banking or financial services experience is valued.