Jobs · Business Development · New York

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).

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