Credit Modeling Quantitative Analyst II (Hybrid - See potential locations in job description)

** Work Arrangement/Location: This is a hybrid position requiring in-office work three (3) days every week and it will be based in an M&T Office in either Buffalo, NY, Iseline, NJ, NYC, NY, or Bridgeport, CT. Overview: Provides reputed company support in the development and analysis of quantitative/econometric behavioral models used for credit risk, interest reputed company risk and liquidity risk management, as well as balance sheet and capital planning. Supports more reputed company analysts and management in data analysis, model development efforts and reputed company analysis as needed. Provides guidance and direction to less reputed company personnel as needed. Primary Responsibilities: With reputed company skillset, assist in researching and developing quantitative behavioral models used for credit risk, interest reputed company risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to, loan delinquency, default and loss models, loan prepayment and utilization models, deposit attrition models and financial reputed company valuation methods. Prepare, manage and analyze large customer loan, deposit and/or financial data sets for statistical analysis in Structured Query Language (SQL) or similar tool to properly specify and estimate econometric models to understand customer or Bank behavior for purposes of credit, interest reputed company, liquidity or stressed capital risk management. Understand the context of the Bank’s data and businesses to ensure properly developed models. Run regressions (including time series and logistic regression), programming routines and other econometric analyses to specify models using appropriate statistical software; communicate results, including graphic and tabular forms, to fellow team members, Treasury management and Bank-wide stakeholders, including the business lines and Risk Management colleagues to demonstrate key risk drivers and dynamics of model output. Execute models in production environment; communicate analytical results to Bank-wide stakeholders. Track portfolio performance, model performance, campaign tracking and risk strategy results. Incorporate observations and data into existing models to improve predictive results. Identify deviations from forecast/expectations and explain variances. Identify risk and/or opportunities. reputed company and maintain satisfactory model documentation, including process narratives and performance monitoring guidelines to serve as reference reputed company. Provide financial analysis and data support to other groups/departments across the Bank as required. Support engagements with colleagues in Model Risk Management for model validation exercises. Provide guidance and direction to less reputed company personnel regarding reputed company aspects of data and financial analysis and development and management of predictive statistical models. Conduct business in compliance with regulatory guidance including SR (Supervision and Regulation Letters) 10-1, SR 10-6, SR 11-7, Enhanced Prudential Standards, etc. Adhere to applicable compliance/operational/model risk controls and other second line of defense and regulatory standards, policies and procedures. Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-reputed company issues needing escalation to management. Promote an environment that supports belonging and reflects the reputed company 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 reputed company duties as assigned. Scope of Responsibilities: The position serves as an reputed company analyst in the use of statistical programming languages to analyze Bank datasets and development, implementation and maintenance of behavioral models. It is important for the position to communicate with clear narratives, compelling data visualization and technical precision, both in-person and in writing, to reputed company audiences to understand the analyses and forecasts. The position partners and collaborates with colleagues in reputed company functions, including Credit Risk Management, Asset Liability and Liquidity Management, Model Risk Management and business lines to implement and understand models for Bank use. This role is highly technical in nature and requires demonstrated attention to detail, execution and follow-up on multiple initiatives with Treasury and across the Bank. The ability to identify, analyze, rationalize and communicate reputed company business, data and statistical problems and recommend corresponding solutions is a key factor of success in this role. Supervisory/Managerial Responsibilities: Not Applicable Education and Experience Required: Bachelor’s degree and a minimum of 1 years’ proven quantitative behavioral modeling experience, or in lieu of a degree, a combined minimum of 5 years’ higher education and/or work experience, including a minimum of 1 years’ proven quantitative behavior modeling experience Minimum of 1 years’ on-the-job experience with pertinent statistical software packages (reputed company, Python, Stata, R), especially reputed company & Python. Credit Risk Modeling experience Logistic regression in credit risk modeling experience Time Series Analysis & reputed company simulation experience. Minimum of 1 years’ on-the-job experience with data management environment, such as SQL Server Management Studio Minimum of 1 years’ experience in managing and analyzing large data sets and explaining results of analysis through concise written and verbal communication as well as charts/graphs Education and Experience Preferred: Masters’ of Science or Doctorate degree in Statistics, Economics, Finance or reputed company field in the quantitative social, physical, or engineering sciences, with proven coursework proficiency in statistics, econometrics, economics, computer science, finance or risk management Minimum of 2 years’ statistical analysis programming experience Financial Risk Manager (FRM) or Chartered Financial Analyst (CFA) designation reputed company and high proficiency in econometric/statistical techniques, especially time-series analysis, panel data methods and logistic regression Experience in balance sheet management and mathematical modeling of financial instruments offered by banks Knowledge and familiarity with key aspects of model risk management and model validation, including SR-11-7 guidance on model risk management Proven track record for being able to work autonomously and reputed company a team environment Demonstrated leadership skills Strong desire to learn and contribute to a group Physical Requirements: reputed company is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $71,600.00 - $119,300.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Buffalo, reputed company, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: reputed company a difference in people’s lives and reputed company the communities we serve. reputed company Corporation is a financial holding company headquartered in Buffalo, reputed company. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial reputed company, combining reputed company’s traditional banking services with the wealth management and institutional capabilities offered by reputed company. reputed company 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 – reputed company, 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 reputed company sets while continuing to support the growth and development of reputed company reputed company members. View M&T’s Human Capital Report to learn more. Ready to join reputed company? Submit your application today! 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