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Credit Risk Analyst I

Company: M&T Bank
Location: Buffalo
Posted on: November 25, 2022

Job Description:

Overview: Perform data and analysis in support of the creation and maintenance of statistical models. - - Support Senior Analysts, Risk Modelers and Managers in data analysis and model construction.Primary Responsibilities:

  • Assist in establishing, monitoring, evaluating and interpreting data with a risk management focus with an understanding of business strategy.
  • Develop and maintain working knowledge of Credit Risk databases to provide data and analytical support to Senior Management.
  • Perform data manipulation and analysis using Microsoft Office Products and present results and recommendations to Credit Risk Management.
  • Track portfolio performance and risk strategy results. Incorporate observations and data in existing models to improve predictive results.
  • Identify deviations from forecast/ expectations and explain variances. Identify risk and/or opportunities.
  • Provide financial analysis and data support to other groups/departments both in and outside the Credit Division.
  • Develop working knowledge of credit risk metrics including Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD).
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity 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.Scope of Responsibilities: This role is technical in nature and requires demonstrated attention to detail. The ability to identify, analyze, rationalize and communicate business problems and recommend solutions is a key factor of success in this role.Supervisory/ Managerial Responsibilities: NoneEducation and Experience Required: Bachelor degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline with minimum of 2 years relevant experience or in lieu of degree, a combined minimum of - 6 years higher education and/or work experience to include a minimum of 2 years relevant experience.-OR-Master's degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline.
    Education and Experience Preferred: Banking or Financial Services experience; Previous Financial Analysis experience preferred.LocationBuffalo, New York, United States of America

Keywords: M&T Bank, Buffalo , Credit Risk Analyst I, Professions , Buffalo, New York

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