Title: Model Risk Analyst Validation Job Location: One M&T Plaza, Buffalo, NY 14203. Job Description: Ensure the accuracy, reliability, and compliance of models in accordance with Company or regulatory standards and policies. Perform validation and analysis of expert judgment or qualitative factors that augment quantitative models. Analyze financial data, trends, and regulations to identify potential opportunities for improvement. Develop new models to address changing risk environments. Monitor model performance, prepare reports for internal and external stakeholders, and document findings. Stay abreast of industry best practices and regulatory changes. Provide guidance and advice to other departments regarding model risk management. Prepare written summary and analysis of all validation work, using a combination of word processing and presentation software skills. Minimum requirements: Masters degree (or foreign equivalent) in Applied Mathematics, Computing, Data Science, Materials Science, or related STEM field of study plus three (3) years of experience as a Model Risk Analyst, Data Scientist, Quantitative Analyst, Product Developer, or related occupation. Requires Three (3) years of experience in each of the following: Programming Languages, including Python, MATLAB, C/C++, R and SAS. Technical Analyses, including in-sample back-testing, moving averages, time series analysis, z-score analysis, performance metrics evaluation, goodness-off-fit tests (including Kolmogorov-Smirnov test and Gini scores), and correlation matrices. Technical Writing, including writing technical reports using Microsoft Word, LaTeX, Markdown, or Git. Data Science concepts, including statistics and probability, exploratory data analysis (EDA), machine learning, model evaluation and selection, feature engineering, time series analysis, loss forecasting, and model validation concepts such as cross validation, model performance metrics selection, and bias-variance tradeoff. Building Regression Models (including Linear and Logistic Regression and Multinomial Regression Models) and handling multicollinearity, assumptions review, and evaluation of regression models using various validation techniques. Conducting independent review and validation of Machine Learning Models. Skills can be gained through graduate-level coursework. Salary: $91,463.04-$101,463.04 per year Location Buffalo, New York, 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 peoples lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&Ts affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Banks 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 communitiescombining 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&Ts 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 careersitesupport@mtb.com 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
