Model Validation Manager

6 days ago

🏈 Alabama – Remote

Although this job is listed in Alabama, this company may be open to hiring remote in other states.

💵 $115.7k - $192.8k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

👔 Manager

Apply Now

Receive Emails with Similar Jobs

M&T Bank

WebsiteLinkedInAll Job Openings

M&T Bank is a full-service financial institution offering a variety of banking products and services to individuals, businesses, and commercial clients. It ranks #1 in Customer Satisfaction with Mobile Banking Apps among regional banks, providing options such as personal and business checking accounts, savings accounts, mortgages, lines of credit, and investment services. With a strong commitment to community involvement and customer service, M&T Bank focuses on helping clients achieve their financial goals through tailored solutions and innovative digital banking services.

10,000+ employees

🏦 Banking

💸 Finance

💳 Fintech

📋 Description

• Responsible for managing the validations of the Bank’s Quantitative models in support of both economic and regulatory requirements • Manage the independent review and validation of more complex 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 • Shared responsibility for the strategic planning and short-term initiatives of model validation activities including contingency planning and regulatory compliance • Manage the validation and analysis of expert judgment or qualitative factors that augment quantitative models • Build strong relationships and consensus across the organization, aligning conflicting priorities and resolving issues as required to achieve progress • Exercise usual authority of a manager concerning staffing, performance reviews and ratings, promotions, salary recommendations, performance management and terminations • 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.

🎯 Requirements

• Master’s or Doctoral degree in a quantitative discipline (including, Statistics, Mathematics, Engineering, Business Management) with 5 years of relevant financial services experience • <1 years’ managerial experience or in lieu of degree a combined minimum of 7 years’ higher education and relevant work experience • Demonstrated technical knowledge of advanced software packages used in analytics (e.g., SAS, QRM, Strategic Analytics, Monte Carlo software) • Programming skills including Python for creating automated reports, tasks, and actions • Familiarity with SR 11-7, SR 15-18, SOX, etc.

🏖️ Benefits

• Competitive benefits ranging from medical and retirement to forty hours of paid volunteer time each year • An employer of choice • Commitment to fair, competitive, and market-informed pay • Inclusive employer with policies for a drug-free workplace