Model Risk Analyst III - Validation

M&T Bank

21h

About The Position

Overview: Responsible for conducting day-to-day model validation activities. Will interact with model specific lines of business and support areas. Primary Responsibilities: Conduct the independent review and validation of select models used in the organization, focused on assessing risk and validating specific categories of models across the Bank, and ensure compliance with SR 11-07. 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. Scope of Responsibilities: Responsible for day-to-day model validation activities. Plan, organize, and produce results. Interact with internal and external stakeholders/vendors to manage Model Risk and maximize shareholder return. Supervisory/Managerial Responsibilities: Individual Contributor Education and Experience Required: Bachelor's Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline, Plus 3 years experience in model development or validation, with a combined minimum of 5 years’ higher education and relevant work experience. Technical knowledge of advanced software packages used in analytics. Education and Experience Preferred: Master’s degree in Business Administration (MBA) or Advanced degree. Physical Requirements: Not applicable 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. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location. Location Clanton, Alabama, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at [email protected] for assistance. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace. Career Site Privacy Notice

Requirements

Bachelor's Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline, Plus 3 years experience in model development or validation, with a combined minimum of 5 years’ higher education and relevant work experience.
Technical knowledge of advanced software packages used in analytics.

Nice To Haves

Master’s degree in Business Administration (MBA) or Advanced degree.

Responsibilities

Conduct the independent review and validation of select models used in the organization, focused on assessing risk and validating specific categories of models across the Bank, and ensure compliance with SR 11-07.
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.
Responsible for day-to-day model validation activities.
Plan, organize, and produce results.
Interact with internal and external stakeholders/vendors to manage Model Risk and maximize shareholder return.