Senior Quantitative Risk Analyst (BSA/AML)

Location: Hybrid position requiring in-office work four days per week at an M&T office in Buffalo, NY; Bridgeport, CT; Baltimore, MD; Timonium, MD; Wilmington, DE; or New York, NY.

Salary: $85,800–$143,000 annual USD.

Company

M&T Bank is a banking organization operating in a regulated financial services environment.

What you will do

• Support the design, development, testing, implementation, and monitoring of statistical and machine learning models for AML risk management.
• Prepare, transform, and analyze large datasets including transactions, customer behavior, and entity data.
• Develop and maintain analytical code using Python and/or SAS.
• Contribute to model documentation covering methodology, assumptions, monitoring frameworks, and limitations.
• Support model validation, audits, regulatory reviews, and performance monitoring.
• Collaborate with EDD, FIU, Technology, Model Risk Management, and senior quantitative risk managers.

Requirements

• Bachelor’s degree in Mathematics, Statistics, Quantitative Analysis, or another technical discipline, or an approved equivalent combination of education and experience.
• At least 3 years of relevant experience, including banking or financial services experience; a master’s degree may qualify with at least 1 year of relevant experience.
• Experience developing analytical code with Python and/or SAS.
• Ability to work with large datasets and contribute to statistical or machine learning model development.
• Ability to support model governance, internal controls, validation, audit, and regulatory requirements.
• Ability to work in the office four days each week at one of the specified U.S. locations.

Nice to have

• Master’s degree in a quantitative discipline.
• Experience in AML/BSA, model validation, or model risk management.
• Familiarity with machine learning techniques.

Culture & Benefits

• Work within a regulated banking environment with defined risk, regulatory, and internal control standards.
• Collaborate across quantitative risk, compliance, technology, and financial intelligence functions.
• Contribute to an environment that supports belonging and reflects the M&T Bank brand.