Model Risk Analyst III - Validation
M&T Bank
Model Risk Analyst III - Validation
Job Description
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 $85,800.00 - $143,000.00 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
Clanton, Alabama, United States of AmericaLocations
- Remote, United States of America (Remote)
Salary
85,800 - 143,000 USD / yearly
85,800 - 150,150 USD / yearly
Source: Disclosed
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Model validationintermediate
- Model developmentintermediate
- Advanced software packages used in analyticsintermediate
- Risk assessmentintermediate
- Compliance with SR 11-07intermediate
Required Qualifications
- Bachelor's Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline (experience)
- Plus 3 years experience in model development or validation, with a combined minimum of 5 years’ higher education and relevant work experience (experience)
- Technical knowledge of advanced software packages used in analytics (experience)
Preferred Qualifications
- Master’s degree in Business Administration (MBA) or Advanced degree (experience)
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
- 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
Tags & Categories
Answer 10 quick questions to check your fit for Model Risk Analyst III - Validation @ M&T Bank.
Related Books and Jobs
Model Risk Analyst III - Validation
M&T Bank
Model Risk Analyst III - Validation
Job Description
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 $85,800.00 - $143,000.00 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
Clanton, Alabama, United States of AmericaLocations
- Remote, United States of America (Remote)
Salary
85,800 - 143,000 USD / yearly
85,800 - 150,150 USD / yearly
Source: Disclosed
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Model validationintermediate
- Model developmentintermediate
- Advanced software packages used in analyticsintermediate
- Risk assessmentintermediate
- Compliance with SR 11-07intermediate
Required Qualifications
- Bachelor's Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline (experience)
- Plus 3 years experience in model development or validation, with a combined minimum of 5 years’ higher education and relevant work experience (experience)
- Technical knowledge of advanced software packages used in analytics (experience)
Preferred Qualifications
- Master’s degree in Business Administration (MBA) or Advanced degree (experience)
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
- 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
Tags & Categories
Answer 10 quick questions to check your fit for Model Risk Analyst III - Validation @ M&T Bank.
Related Books and Jobs