Apply on Employer Site

M&T Bank · 2 months ago

Fair Banking Quantitative Risk Manager

United States

Full-time

Remote

Senior Level, Lead/Staff

$148K/yr - $247K/yr

8+ years exp

M&T Bank is a financial institution seeking a Fair Banking Quantitative Risk Manager to oversee a team of analytics professionals. The role focuses on managing Fair Lending risk through modeling and assessments, ensuring compliance with regulatory standards and collaborating with various business partners.

Financial Services

H1B Sponsor Likely

Responsibilities

Manage and mentor a team of Fair Lending analysts performing regression modeling, matched-pair analysis, redlining analytics, and comparative file reviews

Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations

Establish priorities, assign projects, and monitor progress to ensure timely, high-quality deliverables aligned with department goals

Foster a culture of analytical integrity, professional development and cross-team collaboration between analytics, and business partners

Oversee model development and maintenance processes to ensure adherence to regulatory and model-risk expectations

Review and approve analytical frameworks, variable selection methodologies, segmentation strategies, and model documentation, to ensure transparency and reproducibility

Provide credible challenge to assumptions, controls, and outcomes produced by analysts; ensure the findings are fully supported, statistically valid and risk contextualized

Coordinate with Model Risk Management and Internal Audit during validation, periodic reviews, and model inventory updates

Oversee development of written analyses, memo, dashboards, and reporting materials for Senior Management, Internal Audit, and regulators

Act as a liaison for all Quantitative Risk Management projects for Senior Management related to a diverse portfolio of bank wide divisional areas, external consultants, vendors, and peer banks on facets of quantitative risk management

Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management

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 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

Qualification

Quantitative AnalysisStatistical MethodologiesSASSQLBanking ExperienceData AnalysisCommunication SkillsTeam ManagementCollaboration Skills

Required

Bachelors' degree

OR in lieu of a degree

A combined minimum of 14 years' higher education and/or work experience, including a minimum of 10 years' related experience (inclusive of 4 years supervisory/management experience)

-OR-

Master's degree in mathematics, Statistics, Quantitative Analysis or another technical discipline and a minimum of 8 years' related experience (inclusive of 4 years supervisory/management experience)

OR in lieu of a degree

A combined minimum of 14 years' higher education and/or work experience, including a minimum of 8 years' related experience and/or (inclusive of 4 years supervisory/management experience)

Minimum of 10 years' related experience (inclusive of 4 years supervisory/management 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

Preferred

Credit Analysis experience

Company

M&T Bank

Glassdoor3.6

Great companies have an enduring sense of purpose.

Founded in 1856

Buffalo, New York, US

10001+ employees

http://www.mtb.com

H1B Sponsorship

M&T Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (116)

2024 (113)

2023 (84)

2022 (103)

2021 (42)