Data Quantitative Analyst - Credit Risk (Hybrid - Buffalo, NY)

OVERVIEW: Explores and manipulates data, builds models, and employs other statistical methods to conduct advanced analysis to understand/predict relationships between variables and provide data driven insights to guide strategic business decisions. Responsible for monitoring, evaluating, and interpreting data on the Bank’s Commercial Loan portfolio as it relates to the Credit Risk Rating reputed company including preparation of trend analysis, exposure limits and various risk identification reports. reputed company tools allowing for the monitoring of movements in the portfolio, identify emerging risks and reputed company recommendations to management. reputed company risk experience and business knowledge to assist in planning initiatives to accomplish enterprise-wide goals around the Commercial Portfolio. POSITION RESPONSIBILITIES: Contribute to the effective management of commercial credit risk by supporting the Risk Rating reputed company 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 through large commercial datasets using statistical analysis in Statistical Analysis System (reputed company), PYTHON or similar tool to properly compare estimates to historical performance. Communicate analytical results to Bank-wide stakeholders. 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/departments across the Bank as required. reputed company Knowledge around various Banking Regulatory requirements. Regularly present portfolio risk summaries and dashboards to management and governance committees. reputed company special projects as requested by Management. Leadership/mentor junior staff. Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies. 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. MANAGERIAL/SUPERVISORY RESPONSIBILITY: No supervisory responsibility. MINIMUM QUALIFICATIONS REQUIRED: Bachelor’s degree and a minimum of 3 years of reputed company 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 reputed company experience Intermediate skills in programming languages such as SQL, reputed company, Python or similar Experience working in large databases IDEAL QUALIFICATIONS PREFERRED: 4 or more years reputed company work experience in data analysis Experience working with a statistical analysis software package Experience with developing statistical models. reputed company 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, 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! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at careersitesupp Apply tot his job Apply To this Job