M&T Bank · 19 hours ago
Senior Credit Modeling & Analytics Manager
United States
Full-time
Remote
Senior Level, Lead/Staff
$162K/yr - $270K/yr
11+ years exp
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Responsibilities
Lead the Credit Risk Management Framework in setting quantitative analytics and modeling strategy approaches employed in the risk rating framework and across the firm.
Build, manage and develop a team of modelers and quantitative analysts. Provide coaching, direction and thought leadership to team members in order to achieve business results
Oversee the development, implementation and maintenance of Commercial PD and LGD credit risk and/or behavioral models using internal/external data/environment, next gen technologies and agile modeling principles.
Serve as liaison with key internal partners, including Technology, Enterprise Data, Finance, Product and Regulatory Affairs to help set firm-wide priorities.
Coordinate analyses of underwriting, behavioral, market and economic data pertinent to the Bank’s customers, portfolios and products. Interpret results, develop recommendations and present findings to senior management.
Work with a wide range of internal customers, including executive management, to explain the benefits, limitations, assumptions and requirements for proposed scorecards, solutions and modeling strategies.
Support less experienced managers during the model development effective challenge process with the Model Development Working and Model Development Oversight Groups.
Support internal business partners to develop and implement strategies for optimal pricing, underwriting or funding strategy with the end goal of maximizing firm profitability.
Manage the development and implementation of performance metrics, reporting and analyses to support data-driven decision-making and forecasting for the firm’s customers, products and portfolios.
Adapt automation and machine learning techniques, data frameworks and implementation platforms to build scalable modeling solutions across data mining, segmentation, back testing, reporting and ongoing monitoring areas to speed up the model development process.
Display organizational subject matter expertise on Rating scorecard deployment while partnering with MROC to communicate all models, ensure independent validation is scheduled, present models to committee, communicate to business lines, legal, compliance, risk committee, and all interested parties. Remediate any internal/external findings on a timely basis.
Determine when redevelopment or recalibration is needed based on changes in market conditions/regulations/strategy and guide the redevelopment efforts
Maintain a working knowledge of standard concepts, best practices and procedures within current behavioral/econometric modeling practices, as well as credit risk management, field to apply these to internal practices as appropriate.
Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
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.
Promote an environment that supports diversity 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
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Required
Bachelors’ degree and a minimum of 11 years’ related experience, or in lieu of a degree, a combined minimum of 15 years’ higher education and/or work experience, including a minimum of 11 years’ related experience
Minimum Of 4 Years’ Managerial Experience
Strong understanding of quantitative analysis, econometric modeling, statistics, related mathematics and commercial bank balance sheet management
Advanced knowledge of risk analytics including development, implementation and use of all relevant technologies/methodologies within an operations and regulatory compliant framework
Strong quantitative skills
Strong model development skills
Strong financial skills
Strong economic skills
Strong statistical skills, including statistical programming and data structures
Knowledge of banking products and behaviors related to credit, interest rate risk, liquidity risk, stress testing and economic capital management
Excellent verbal and written communications skills
Strong cross-functional collaboration skills
Strong leadership skills
Strong presentation skills
Preferred
3+ years of experience in developing sophisticated modeling framework based on cutting-edge / next-gen techniques (ML, Python, PySpark, R)
Strong understanding of quantitative analysis, econometric modeling, statistics, related mathematics and commercial bank ratings framework
Advanced knowledge of risk analytics including development, implementation and use of all relevant technologies/methodologies within an operations and regulatory compliant framework
Track record of gathering, matching, and processing large data sets across continuous/categorical (structured or unstructured data)
Knowledge of model development and governance standards across the banking sector, especially as related to credit card and consumer lending (SR11-7, OCC 11-12)
Excellent verbal and written communications skills, cross-functional collaboration skills, leadership skills and presentation skills
PhD in Mathematics, Statistics, Quantitative Analysis or another technical discipline is a plus
Financial Risk Manager (FRM) or Chartered Financial Analyst (CFA)
Proven track record for being able to work autonomously and within a team environment
Strong desire to learn and contribute to a group
Company
M&T Bank
M&T Bank provides banking, investment, insurance, and mortgage financial services.
10001+ employees
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
2023 (52)
2022 (105)
2021 (78)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
unknown1998-06-01IPO
Leadership Team
R
René Jones
Chairman & Chief Executive Officer
Richard Gold
President and Chief Operating Officer
Recent News
NH Business Review
2024-12-10
2024-12-10
StreetInsider.com
2024-12-05
Company data provided by crunchbase
