Senior Quantitative Risk Manager - BSA/AML (Hybrid - see job descriptions for potential work locations)
M&T Bank · New York, NY · 2 mo ago
Business Development$148k–$247k/yrFull-time
Primary Responsibilities
- Design, develop, test/validate, implement, and monitor statistical and machine learning models across the full model development lifecycle.
- Partner with internal business stakeholders to define modeling requirements and translate them into scalable analytical solutions.
- Analyze large, complex datasets (e.g., transaction data, customer/entity attributes, behavioral and demographic data) and present insights to senior management.
- Produce clear, defensible model documentation and support governance, validation, and regulatory activities (MRM, audit, regulatory review).
- Develop and maintain production-quality analytics using Python and SAS.
- Collaborate with internal and external partners to optimize the risk/reward equation and maximize profitability.
- Serve as a liaison for Quantitative Risk Management initiatives across business areas, consultants, vendors, and peer banks.
- Manage and develop Quantitative Analysts and Modelers, including performance and skills development.
- Ensure adherence to risk management frameworks, regulatory standards, and internal controls.
- Exercise managerial authority related to staffing, performance, and compensation decisions.
- Promote an inclusive environment that reflects the M&T Bank brand.
Requirements
- Bachelor’s degree, OR a combined minimum of 14 years’ higher education and/or work experience, including a minimum of 10 years’ related experience (inclusive of 4 years supervisory/management experience)
- In lieu of a degree, a minimum of 14 years’ higher education and/or work experience, including a minimum of 8 years’ related experience and/or (inclusive of 4 years supervisory/management experience).
- Minimum of 10 years’ related experience (inclusive of 4 years supervisory/management experience)
- Banking or Financial Services experience.
- Experience with SAS, SAS Enterprise Miner and other Statistical Software Packages.
- Advanced Knowledge of SQL and Microsoft Office.
- Ability to utilize analytics in a collaborative manner across business functions and product lines to derive optimum solutions.
- Demonstrated ability to communicate complex concepts.
- Demonstrated ability to manipulate and analyze data across large databases.
Qualifications
- Extensive experience with statistical and machine learning model development and ongoing monitoring.
- Demonstrated experience leading models from concept through production.
- Strong proficiency in both Python and SAS.
Skills
- Statistical and Machine Learning Model Development
- Collaborative Analytics
- Data Manipulation and Analysis
Benefits
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $148,300.00 - $247,100.00 Annual (USD).