Credit Risk Analyst I (Hybrid- See Job Description for Listed Locations)

M&T Bank • Buffalo, NY

82d • $60,890 - $101,483

About The Position

This is a hybrid position requiring in-office work three days every week and will be based at M&T Center, Buffalo, NY, Bridgeport, CT, NYC, NY, Rochester, NY, Boston, MA, NJ, Wilmington, DE, or Baltimore, MD. The role involves performing advanced data and statistical analysis in support of monitoring, evaluating, and interpreting the Bank's Commercial Loan portfolio, including preparation of trend analysis and various risk identification reports. The candidate will develop tools, potentially statistical and/or model-based, to monitor movements in the portfolio, identify emerging risks and make recommendations to management. The position leverages risk experience, debt capital markets knowledge, and understanding of links between bank performance and the macroeconomic environment to plan initiatives to accomplish enterprise-wide goals around the Commercial Portfolio.

Requirements

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Quantitative Analysis, or another technical discipline with minimum of 2 years relevant experience or in lieu of degree, a combined minimum of 6 years higher education and/or work experience to include a minimum of 2 years relevant experience.
• Master’s degree in Finance, Economics, Mathematics, Statistics, Quantitative Analysis, or another technical discipline.

Nice To Haves

• Banking or Financial Services experience.
• Previous Financial Analysis experience.

Responsibilities

• Assist in establishing, monitoring, evaluating, and interpreting data with a risk management focus and an understanding of business strategy.
• Demonstrate working knowledge of Credit Risk databases to provide data and analytical support to Senior Management.
• Perform data manipulation and analysis of financial, demographic, behavioral, market and economic data using Microsoft Office Products (Excel, Power BI) and/or Tableau.
• Present results and recommendations to Credit Risk Management.
• Monitor performance of loan portfolio credit quality; communicate issues to management; quantify business ramifications; investigate incidents that may result in losses and compile findings for management review.
• Demonstrate working knowledge of credit risk metrics including Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD).
• Track portfolio performance and risk strategy results.
• Incorporate observations and data in existing models to improve predictive results.
• Identify deviations from forecast/expectations and explain variances in complex situations.
• Identify risk and/or opportunities.
• Develop and enhance financial analysis and data support tools for use in and outside the Credit Division.
• Leverage market intelligence, including macroeconomic data, capital and equity market trends and other industry information to supplement portfolio analysis.
• Assist with special projects as requested by management.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• 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.

Benefits

• Competitive benefits ranging from medical and retirement to forty hours of paid volunteer time each year.

What This Job Offers

• Education Level: Bachelor's degree