Fair Banking Quantitative Risk Manager

Fair Banking Qualitative Risk Manager

The Fair Banking Qualitative Risk Manager is responsible for managing and overseeing a team of analytics professionals who perform modeling and qualitative assessments to identify, measure, and mitigate Fair Lending risk across the lending lifecycle. This role ensures compliance with regulatory expectations and internal risk management standards by providing credible challenge, analytical oversight, and governance of statistical methodologies used to evaluate underwriting, pricing, redlining and other aspects of Fair Banking performance. The manager collaborates with Compliance, Risk, and business partners to ensure results are accurately interpreted, communicated, and incorporated into fair and responsible banking practices.

Primary responsibilities include managing and mentoring a team of Fair Lending analysts performing regression modeling, matched-pair analysis, redlining analytics, and comparative file reviews. The manager exercises usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management, and terminations. They establish priorities, assign projects, and monitor progress to ensure timely, high-quality deliverables aligned with department goals. The manager fosters a culture of analytical integrity, professional development, and cross-team collaboration between analytics and business partners. They oversee model development and maintenance processes to ensure adherence to regulatory and model-risk expectations. The manager reviews and approves analytical frameworks, variable selection methodologies, segmentation strategies, and model documentation to ensure transparency and reproducibility. They provide credible challenge to assumptions, controls, and outcomes produced by analysts; ensure the findings are fully supported, statistically valid, and risk contextualized. The manager coordinates with Model Risk Management and Internal Audit during validation, periodic reviews, and model inventory updates. The manager oversees development of written analyses, memos, dashboards, and reporting materials for Senior Management, Internal Audit, and regulators. They act as a liaison for all Quantitative Risk Management projects for Senior Management related to a diverse portfolio of bank-wide divisional areas, external consultants, vendors, and peer banks on facets of quantitative risk management. The manager understands and adheres to the company's risk and regulatory standards, policies, and controls in accordance with the company's risk appetite. They design, implement, maintain, and enhance internal controls to mitigate risk on an ongoing basis. The manager identifies risk-related issues needing escalation to management. They adhere to applicable compliance / operational risk controls in accordance with company or regulatory standards and policies. The manager promotes an environment that supports belonging and reflects the M&T Bank brand. They 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. The manager completes other related duties as assigned.

Education and experience required include a Bachelor's degree, OR in lieu of a degree, a combined minimum of 14 years' higher education and / or work experience, including a minimum of 10 years' related experience (inclusive of 4 years supervisory / management experience) -OR- a Master's degree in mathematics, Statistics, Quantitative Analysis or another technical discipline and a minimum of 8 years' related experience (inclusive of 4 years supervisory / management experience), OR in lieu of a degree, a combined minimum of 14 years' higher education and / or work experience, including a minimum of 8 years' related experience and / or (inclusive of 4 years supervisory / management experience). Minimum of 10 years' related experience (inclusive of 4 years supervisory / management experience) Banking or Financial Services experience. Experience with SAS, SAS Enterprise Miner and other Statistical Software Packages. Advanced knowledge of SQL and Microsoft Office. Ability to utilize analytics in a collaborative manner across business functions and product lines to derive optimum solutions. Demonstrated ability to communicate complex concepts. Demonstrated ability to manipulate and analyze data across large databases.

Education and experience preferred include Credit Analysis experience.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $136,787.30 - $227,978.83 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location. M&T Bank Corporation is an Equal Opportunity / Affirmative Action Employer, including disabilities and veterans.