Expert Model Risk Analyst - Validation

Overview:
Responsible for conducting day-to-day model validation activities. Interact with internal and external stakeholders/vendors to manage Model Risk and maximize shareholder return. 

Will interact with model specific lines of business and support areas.

Primary Responsibilities:

• Conduct the independent review and validation of models used in the the organization, focused on assessing risk and validating specific categories of models across the Bank, and ensure compliance with SR 11-07.
• Conduct the validation and analysis of expert judgment or qualitative factors that augment quantitative models; review to confirm proper controls and adequate documentation are in place.
• Build strong relationships and consensus across the organization, aligning conflicting priorities and resolving issues as required to achieve progress.
• Exercise usual authority of a manager concerning staffing, performance reviews and ratings, promotions, salary recommendations, performance management and terminations.
• 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. 

Will interact with specific lines of business and/or support areas, including Credit Risk, Finance, Treasury, and Mortgage, to manage model risk.

Supervisory/Managerial Responsibilities:

Individual Contributor

Education and Experience Required:

Master's or Doctoral degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline,

Plus 5 years experience in model development or validation, with a combined minimum of 5-7 years’ higher education and relevant work experience.

Technical knowledge of advanced software packages used in analytics.

Education and Experience Preferred:

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 $115,703.73 - $192,839.55 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.

LocationClanton, Alabama, United States of America Apply