M&T Bank Corporation

Data Quantitative Analyst - Credit Risk

M&T Bank Corporation$85K — $143K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 3+ years of related experience or 7 years of combined higher education/work experience including 3 years related experience.
  • Familiarity with programming languages such as SQL, SAS, or Python.
  • Experience handling large databases.

Responsibilities

  • Contribute to managing commercial credit risk through analytical practices and regulatory compliance.
  • Assist in reviewing risk rating scales and scorecards for credit risk assignments.
  • Support statistical analysis using large datasets in SAS, Python, or similar tools.
  • Analyze data from multiple sources to identify trends and support reporting.
  • Collaborate with Model Risk Management to ensure model governance compliance.
  • Provide financial analysis and data support internally across departments.
  • Develop visualizations and reports to communicate analytical findings.

Benefits

  • Promotes an environment supporting diversity and belonging.
  • Commitment to fair and competitive pay.
  • Engagement with a team-oriented culture.
  • Opportunities for professional growth and development.
Full Job Description
OVERVIEW:

Responsible for monitoring, evaluating, and interpreting data related to the Bank's Commercial Loan Portfolio and Credit Risk Rating Framework. Performs advanced quantitative analysis, data exploration, and statistical techniques to identify trends, assess portfolio risk, monitor exposure limits, and produce risk identification reporting. Provides data-driven insights that support risk management, strategic decision-making, and the ongoing effectiveness of the Bank's credit risk rating processes.

POSITION RESPONSIBILITIES:
  • Contribute to the effective management of commercial credit risk by supporting the Risk Rating Framework through analytical practices, adherence to regulatory guidance, and understanding of M&T Credit Culture.
  • Assist with the review of the Probability of Default and Loss Given Default Masterscales and the use of scorecards to assign credit risk ratings. Recommend improvements to Credit Risk Management.
  • Support the PD and LGD Masterscales using large commercial datasets and statistical analysis in Statistical Analysis System (SAS), Python, or similar tools to compare estimates to historical performance and communicate analytical results to Bank-wide stakeholders.
  • Compile, combine, profile, and analyze data from multiple sources to identify trends, monitor portfolio performance, explain variances, and support risk identification reporting.
  • Collaborate with Model Risk Management to ensure compliance with model governance requirements, including documentation updates, performance monitoring, and validation support for department-owned models.
  • Provide financial analysis and data support to other groups and departments across the Bank as required.
  • Develop clear visualizations and reporting to explain analytical findings, portfolio trends, and risk-related insights.
  • Provide guidance to junior analysts.
  • Understand and adhere to the Company's risk and regulatory standards, policies, and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Design, implement, maintain, and enhance internal controls to mitigate risk on an ongoing basis.
  • 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.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.

MINIMUM QUALIFICATIONS REQUIRED:
  • Bachelor's degree and a minimum of 3 years of related experience, or in lieu of a degree, a combined minimum of 7 years higher education and/ or work experience, including a minimum of 3 years related experience
  • Familiarity with a common programming language
  • Experience working in large databases

IDEAL QUALIFICATIONS PREFERRED:
  • 4 or more years related work experience in data analysis
  • Intermediate skills in programming languages such as SQL, SAS, Python, Julia or Java
  • Experience working with a statistical analysis software package
  • Experience with one or more cloud databases.
  • Experience working within an agile environment


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.

Location
Buffalo, New York, United States of America

About M&T Bank Corporation

M&T Bank is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank. M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions, and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company or M&T Bank. M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB."

M&T Bank Corporation Careers

Join the vibrant team at M&T Bank Corporation, a leading financial institution where innovation meets tradition, offering a plethora of job opportunities across various sectors. As one of the most respected banks in the nation, M&T Bank Corporation is the perfect place to jumpstart or advance your career in the financial services industry.

Work You’ll Do

At M&T Bank Corporation, you will be part of a culture that cherishes diversity, leadership, and professional growth. Engage in work that makes a real difference in the community while fostering your career development through comprehensive training programs and diverse learning opportunities.

Innovate and Lead

Embrace the chance to work on projects that integrate cutting-edge financial technologies with robust, traditional banking practices. M&T Bank Corporation is at the forefront of the financial industry, offering innovative solutions that redefine banking standards. Our leadership in the market is driven by a commitment to excellence and continuous improvement.

Career Growth and Opportunities

Whether you are looking for an entry-level position or a more senior role, M&T Bank Corporation provides a dynamic pathway for career advancement. With a variety of job opportunities ranging from internships to full-time positions, you can find the perfect match for your skills and ambitions. Our team is dedicated to helping you navigate your career path with tailored development plans and leadership training.

Join Our Team

Explore job opportunities and join a team that values hard work, creativity, and strategic thinking. M&T Bank Corporation is hiring professionals who are passionate about finance and eager to contribute to a team-oriented environment. Enhance your skills through hands-on experience and ongoing professional development.

Networking and Professional Development

At M&T Bank Corporation, networking and professional development are part of our DNA. Connect with industry leaders, participate in high-impact networking events, and take advantage of our mentorship programs. Our employees benefit from a supportive network that boosts their career trajectories and fosters meaningful professional relationships.

Benefits and Culture

Enjoy a comprehensive benefits package that supports both your professional and personal life. M&T Bank Corporation offers competitive salaries, health benefits, and retirement plans designed to ensure the well-being of our team members and their families. Experience a supportive and inclusive culture where every employee is valued and given the opportunity to thrive.

How to Apply

Ready to take the next step in your career? Visit the M&T Bank Corporation Careers page to browse current openings, submit your resume, and prepare for your interview. We are excited to see how your skills and ideas can contribute to our continued growth and success.

Stay Connected

Keep up to date with the latest from M&T Bank Corporation by following our careers blog. Gain insights from our experts and stay informed about new job openings and upcoming networking events. Join M&T Bank Corporation today and be part of a team that is dedicated to growth, innovation, and leadership in the banking industry. Your future starts here!
Learn more about M&T Bank Corporation
Size
17,115 employees
Market Cap
$25.2 billion
Industry
Net Income
$1.3 billion
Founded
1868
5 Year Trend
+0.2%
NASDAQ

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