Jobs · Delaware

Senior Quantitative Risk Analyst - BSA/AML (Hybrid - see job descriptions for potential work locations)

M&T Bank · Wilmington, DE · Yesterday
$86k–$143k/yrFull-time
Work Location/Arrangement: This is a hybrid position requiring in-office work four (4) days every week at an M&T office in Buffalo, NY, Bridgeport, CT, Baltimore, MD, Timonium, MD, Wilmington, DE or New York, NY. Overview This position supports the development of statistical and machine learning models within a regulated environment. The role contributes to key components of the model development lifecycle—including data preparation, model development, testing/validation support, implementation, and monitoring—while working closely with senior modelers to deliver analytically sound and well-documented solutions. Development work is performed using both Python and SAS. Primary Responsibilities Support the design, development, testing, implementation, and monitoring of statistical and machine learning modelsPrepare, transform, and analyze large datasets (e.g., transactions, customer behavior, entity data)Partner with senior team members to translate business problems into analytical approachesContribute to model documentation, including methodology, assumptions, and monitoring frameworksDevelop and maintain analytical code using Python and/or SASAssist in model performance monitoring and identification of model issues or limitationsSupport model validation, audit, and regulatory review processesCollaborate with stakeholders across EDD, FIU, Technology, and Model Risk ManagementEnsure adherence to internal controls and regulatory expectationsProvide guidance to junior analysts where appropriateUnderstand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.Promote an environment that supports belonging 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. Scope Of Responsibilities Works under general guidance from more senior quantitative risk managers. Responsible for independent execution of defined analytical tasks and contributing to model development efforts. Builds technical expertise in AML modeling and governance. Education And Experience Required Bachelor degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline,OR in lieu of degree A combined minimum of 7 years higher education and/or work experience to include a minimum of 3 years relevant experience.OR-Master’s degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline, with minimum of 1 year relevant experience, OR in lieu of degree,A combined minimum of 7 years higher education and/or work experience to include a minimum of 1 year relevant experience.Minimum of 3 years relevant experience, Banking or Financial Services experience. Preferred Master’s degree in a quantitative disciplineExperience in banking, financial services, or AML/BSAExposure to model validation or model risk managementFamiliarity with machine learning techniques 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. Location Buffalo, New York, United States of America

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