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Senior Quantitative Risk Analyst- Buffalo NY

M&T Bank
Posted 8 days ago, valid for a month
Location

Buffalo, NY 14202, US

Salary

$85,800 - $143,000 per year

Contract type

Full Time

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Sonic Summary

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  • The position is located in Buffalo, NY, requiring four days in the office and one day remote, with no sponsorship available for candidates.
  • The role involves advanced data and statistical analysis to support the creation and maintenance of statistical models, including Regression and Multivariate models.
  • Candidates must have a minimum of three years of relevant experience in Banking or Financial Services, or one year with a Master's degree in a related field.
  • The salary range for this position is between $85,800.00 and $143,000.00 annually, depending on the candidate's experience and skills.
  • The successful candidate will utilize SQL, SAS, and Microsoft Excel to analyze data and provide insights to Credit Risk Management.

This position is located in Buffalo NY (4 days in office/ 1 day remote)

Sponsorship is not available for this position under any circumstance. Candidates who require sponsorship now or in the future—including all F‑1 visa holders (CPT, OPT, and STEM OPT)—will not be considered for this role.

Overview:

Perform advanced data and statistical analysis in support of the creation and maintenance of statistical models, including Regression and Multivariate models. Support unit (dept.) in data analysis and model construction.

Primary Responsibilities:

  • Assist in establishing, monitoring, evaluating and interpreting data with a risk management focus with an understanding of business strategy.
  • Demonstrated working knowledge of Credit Risk databases to provide data and analytical support to Senior Management.
  • Perform data manipulation and analysis using SQL, SAS and Microsoft Excel , Tableau and present results and recommendations to Credit Risk Management.
  • Track portfolio performance and risk strategy results. Incorporate observations and data in to existing models to improve predictive results.
  • Identify deviations from forecast/expectations and explain variances. Identify risk and/or opportunities.
  • Provide guidance and direction to lower level analysts regarding all aspects of data analysis and the construction of predictive statistical models.
  • Understand and adhere to the Company’s risk 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 internal control 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  7 years higher education and/or work experience to include a minimum of 3 years relevant experience.
-OR-
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
Banking or Financial Services experience. Credit Analysis experience preferred. 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.

M&T Bank 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, New York, United States of America



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