Model Risk Analyst III - Validation

Posted:
8/18/2024, 5:00:00 PM

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Business & Strategy

Workplace Type:
Remote

Overview:

Responsible for conducting day-to-day model validation activities.

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

Primary Responsibilities:

  • Conduct the independent review and validation of select models used in the organization, focused on assessing risk and validating specific categories of models across the Bank, and ensure compliance with SR 11-07.
  • 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. 

Supervisory/Managerial Responsibilities:

Individual Contributor

Education and Experience Required:

Bachelor's Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline,

Plus 3 years experience in model development or validation, with a combined minimum of 5 years’ higher education and relevant work experience.

Technical knowledge of advanced software packages used in analytics.

Education and Experience Preferred:

Master’s degree in Business Administration (MBA) or Advanced degree.

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 $0.00 - $0.00 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.

Location

Washington, District of Columbia, United States of America