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M&T Bank · 1 day ago

Credit Model Development Quantitative Lead - Small Business Portfolio (Hybrid)

Buffalo, NY

Full-time

Hybrid

Mid, Senior Level

$103K/yr - $172K/yr

4+ years exp

M&T Bank is looking for a senior model developer to join their credit model development team. The role involves independently developing and maintaining quantitative models for credit risk, capital planning, and underwriting, while also leading less experienced analysts and ensuring compliance with regulatory guidance.

Financial Services

H1B Sponsor Likely

Responsibilities

Develop and/or lead the development of quantitative models used for credit risk, capital planning, or underwriting. This includes CCAR and CECL models and underwriting scorecards

Lead less experienced model developers and analysts as required to meet project objectives

Use Python, SAS and SQL to manipulate customer loan or financial data for statistical analysis and model development

Employ common model methodologies such as logistic regression, time series, survival analysis, as well as machine learning methods to create robust and flexible solutions to complex business problems

Work with multiple model stakeholders across different areas of the bank to create solutions to meet business needs. Use a full array of communication skills and visual analytics to comprehend and scope business partner requirements, present analyses, explain complex models to non-technical partners, and respond to enquiries from stakeholders

Write comprehensive and easily readable model documentation to enable Model Risk Management and stakeholders to review all aspects of model development, including justification of model methodologies chosen, candidate models, and model performance

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 standards, policies, and procedures

Complete other related duties as assigned

Qualification

PythonCredit model developmentLogistic RegressionSQLSASMachine learningStatistical analysisData managementCommunication skillsTeam leadership

Required

Proven experience managing and analyzing large data sets and explaining results of analysis through concise written and verbal communication as well as charts/graphs

Bachelor's degree and a minimum of 4 years' proven quantitative behavioral modeling experience, or in lieu of a degree, a combined minimum of 8 years' higher education and/or work experience, including a minimum of 4 years' proven quantitative model development experience

Minimum of 4 years' on-the-job experience with pertinent statistical software packages; Experience in Python required

Minimum of 4 years' on-the-job experience with data management environment, such as SQL Server Management Studio

Credit model development experience required

Experience with Logistic Regression models is required

Financial services/banking industry experience required

Preferred

Master of Science or Doctorate degree in statistics, computer science, engineering, economics, finance or related fields

Expertise in Python, SAS and SQL; experience rewriting SAS into Python is ideal

Credit model development experience in financial services, notably for common methodologies such as logistic regression and survival analysis, as well as machine learning methods

Small business credit model development experience preferred

Experience developing PD/EAD/LGD frameworks for CCAR/CECL models is greatly valued and highly preferred

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 within a team environment

Experience with survival and transition based forecasting frameworks, machine learning methods, and scorecard models preferred

Strong desire to learn and contribute to a group

Previous experience leading and directing the work of less experienced personnel

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)

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