Model Risk Analyst-Validation

**Title:** Model Risk Analyst - Validation**Job Location:** One M&T Plaza, Buffalo, NY 14203. Telecommuting permitted up to 40% of the week.**Job Description:** Review and validate models used by various groups within M&T Bank, including capital stress testing, risk measurement and prediction, pricing, forecasting, wealth management, marketing, compliance, profitability, and management decision-making. Perform full or targeted scope validations. Assess model performance and evaluate findings for remediation. Review development and execution codes. Research and evaluate model theory and design. Conduct independent analysis of model assumptions and outcomes. Determine the impact of model deficiencies or limitations. Review documentation and perform independent testing and benchmarking. Produce reports, memos, and presentations on reviews conducted. Participate in research projects, build benchmark models, present to management, and develop ad hoc processes for efficiency gains. Engage with regulators and audit members during process reviews. Validate complex models or aspects of models.**Minimum requirements:** Master’s degree in Finance, Mathematics, Statistics, Quantitative Finance, Econometrics, or a related quantitative field plus two (2) years of experience as a Quantitative Analyst, Statistician, Economist, Actuary Analyst or a related occupation**.** Requires one (1) year of experience in each of the following: Using one of the advanced software packages: SAS, Python, MATLAB, R, or STATA for analyzing large data sets and generate analysis reports; Using Excel for data visualization; Using PowerPoint for creating and delivering presentations with visuals and multimedia; Developing or validating statistical, financial, mathematical, econometric models, or other quantitative models used in financial services and banking; and Conducting research on statistical and econometric model theory and performing model evaluation analysis of financial models.**Salary:** $109,670.37- $ 119,670.37 per year# **Location**Buffalo, New York, United States of AmericaGreat companies have an enduring sense of purpose. At M&T, our purpose is a simple one: **make a difference in people’s lives and uplift the communities we serve**. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s 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 communities—combining the capabilities of a large bank with the care of a locally focused institution. #J-18808-Ljbffr