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Credit Risk Analyst II
| Company | M&T Bank |
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| Location | Buffalo, NY, USA |
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| Salary | $71985.72 – $119976.2 |
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| Type | Full-Time |
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| Degrees | Bachelor’s, Master’s |
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| Experience Level | Mid Level |
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Requirements
- Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Quantitative Analysis, or another technical discipline with minimum of 3 years relevant experience or in lieu of degree, a combined minimum of 7 years higher education and/or work experience to include a minimum of 3 years relevant experience.
- Master’s degree in Finance, Economics, Mathematics, Statistics, Quantitative Analysis, or another technical discipline, with minimum of 1 year relevant experience or in lieu of degree, a combined minimum of 7 years higher education and/or work experience to include a minimum of 1-year relevant experience.
Responsibilities
- Assist in establishing, monitoring, evaluating, and interpreting data with a risk management focus and an understanding of business strategy.
- Demonstrate working knowledge of Credit Risk databases to provide data and analytical support to Senior Management.
- Perform data manipulation and analysis of financial, demographic, behavioral, market and economic data as appropriate using Microsoft Office Products (Excel, Power BI) and/or Tableau and present results and recommendations to Credit Risk Management.
- Monitor performance of loan portfolio credit quality; communicate issues to management; quantify business ramifications; investigate incidents that may result in losses and compile findings for management review.
- Demonstrate working knowledge of credit risk metrics including Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD).
- 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 in complex situations. Identify risk and/or opportunities.
- Develop and enhance financial analysis and data support tools that will be used both in and outside the Credit Division.
- Leverage market intelligence, including macroeconomic data, capital and equity market trends and other industry information to supplement portfolio analysis and to identify market trends that could be detrimental to the portfolio.
- Develop and lead special projects as requested by management.
- Provide guidance and direction to lower-level analysts regarding financial and data analysis.
- Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
- 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.
Preferred Qualifications
- Banking or Financial Services experience; Previous Financial Analysis experience preferred.
