Treasury Quantitative Expert
M&T Bank
Date: 1 day ago
City: Bridgeport, Connecticut
Salary:
$184,625
-
$194,625
per year
Contract type: Full time
Title: Treasury Quantitative Expert
Job Location: 850 Main Street, Bridgeport, CT 06604. Telecommuting permitted up to 40% of the week.
Job Description: Research and develop quantitative and qualitative models used for credit risk, interest rate risk, and liquidity risk management, as well as balance sheet, capital planning and loss forecasting, including but not limited to, loan delinquency, default and loss models, loan prepayment and utilization models, deposit attrition models, and financial instrument valuation methods within a variety of risk frameworks. Lead the execution, maintenance of above-mentioned models in production environment using internal/external data/environment, advanced technologies and agile modeling principles; communicate analytical results to appropriate stakeholders, track portfolio performance, model performance, campaign tracking and risk strategy results; work with a wide range of internal / external customers, including executive management, regulators to explain the benefits, limitations, assumptions and requirements for the above mentioned proposed models and forecasts. Perform conceptual and statistical soundness testing of the above-mentioned models as part of validation and internal and external audit within the model risk management (MRM) practice following regulatory guidelines and covering a variety of functional areas including model monitoring, assist in implementation of the models, regulatory and internal stress testing, allowance estimation within different risk frameworks, credit scoring, capital management etc. Lead the projects focusing on the development, validation and audit of the above-mentioned models (including assist in budgeting, staffing, performance appraisal, coaching of resources, and delivery to the end client).
Minimum requirements: Bachelor's degree, or foreign equivalent, in Statistics, Mathematics, Economics, Computer Science, Finance, Risk Management or a related technical field plus six (6) years of experience in the job offered or as a Quantitative Risk Modeler or related occupation OR eight (8) years of experience in the job offered or as a Quantitative Risk Modeler or related occupation with no degree. Requires six (6) years of experience with each of the following: Quantitative risk model development, review, and validation; Model Risk Management Practices; Statistical and Econometric Modeling; Programming within SAS, SQL, Python, and VBA in Excel; Stress Testing; Project and People management; Databased experience with SQL server, Teradata, and Azure Cloud.
Salary: $184,625.00 - $194,625.00 per year
Location
Bridgeport, Connecticut, United States of America
Job Location: 850 Main Street, Bridgeport, CT 06604. Telecommuting permitted up to 40% of the week.
Job Description: Research and develop quantitative and qualitative models used for credit risk, interest rate risk, and liquidity risk management, as well as balance sheet, capital planning and loss forecasting, including but not limited to, loan delinquency, default and loss models, loan prepayment and utilization models, deposit attrition models, and financial instrument valuation methods within a variety of risk frameworks. Lead the execution, maintenance of above-mentioned models in production environment using internal/external data/environment, advanced technologies and agile modeling principles; communicate analytical results to appropriate stakeholders, track portfolio performance, model performance, campaign tracking and risk strategy results; work with a wide range of internal / external customers, including executive management, regulators to explain the benefits, limitations, assumptions and requirements for the above mentioned proposed models and forecasts. Perform conceptual and statistical soundness testing of the above-mentioned models as part of validation and internal and external audit within the model risk management (MRM) practice following regulatory guidelines and covering a variety of functional areas including model monitoring, assist in implementation of the models, regulatory and internal stress testing, allowance estimation within different risk frameworks, credit scoring, capital management etc. Lead the projects focusing on the development, validation and audit of the above-mentioned models (including assist in budgeting, staffing, performance appraisal, coaching of resources, and delivery to the end client).
Minimum requirements: Bachelor's degree, or foreign equivalent, in Statistics, Mathematics, Economics, Computer Science, Finance, Risk Management or a related technical field plus six (6) years of experience in the job offered or as a Quantitative Risk Modeler or related occupation OR eight (8) years of experience in the job offered or as a Quantitative Risk Modeler or related occupation with no degree. Requires six (6) years of experience with each of the following: Quantitative risk model development, review, and validation; Model Risk Management Practices; Statistical and Econometric Modeling; Programming within SAS, SQL, Python, and VBA in Excel; Stress Testing; Project and People management; Databased experience with SQL server, Teradata, and Azure Cloud.
Salary: $184,625.00 - $194,625.00 per year
Location
Bridgeport, Connecticut, United States of America
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