Fair Banking Quantitative Risk Manager

RiskRiskFull TimeRemoteTeam 10,001+Since 1856H1B No SponsorCompany SiteLinkedIn

Location

Alabama

Posted

132 days ago

Salary

$136.8K - $228.0K / year

Bachelor Degree10 yrs expExperience acceptedEnglishSQL

Job Description

• Manage and mentor a team of Fair Lending analysts performing regression modeling, matched-pair analysis, redlining analytics, and comparative file reviews. • Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations. • Establish priorities, assign projects, and monitor progress to ensure timely, high-quality deliverables aligned with department goals. • Foster a culture of analytical integrity, professional development and cross-team collaboration between analytics, and business partners. • Oversee model development and maintenance processes to ensure adherence to regulatory and model-risk expectations. • Review and approve analytical frameworks, variable selection methodologies, segmentation strategies, and model documentation, to ensure transparency and reproducibility. • Provide credible challenge to assumptions, controls, and outcomes produced by analysts; ensure the findings are fully supported, statistically valid and risk contextualized. • Coordinate with Model Risk Management and Internal Audit during validation, periodic reviews, and model inventory updates. • Oversee development of written analyses, memo, dashboards, and reporting materials for Senior Management, Internal Audit, and regulators. • Act as a liaison for all Quantitative Risk Management projects for Senior Management related to a diverse portfolio of bank wide divisional areas, external consultants, vendors, and peer banks on facets of quantitative risk management. • Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite. • Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. • Identify risk-related issues needing escalation to management. • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies. • 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.

Job Requirements

  • Bachelor's degree, OR in lieu of a degree, 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) -OR- Master's degree in mathematics, Statistics, Quantitative Analysis or another technical discipline and a minimum of 8 years' related experience (inclusive of 4 years supervisory/management experience), OR in lieu of a degree, A combined 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.

Benefits

  • Health insurance
  • 401(k) matching
  • Paid time off
  • Flexible work arrangements
  • Professional development opportunities

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