Senior Quantitative Risk Analyst - BSA/AML (Hybrid - see job descriptions for potential work locations)

Location: Hybrid; in-office work four days per week 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 and financial services organization operating in a regulated environment.

What you will do

• Support the design, development, testing, implementation, and monitoring of statistical and machine learning models.
• Prepare, transform, and analyze large datasets, including transaction, customer behavior, and entity data.
• Translate business problems into analytical approaches in collaboration with senior quantitative risk professionals.
• Develop and maintain analytical code using Python and/or SAS.
• Contribute to model documentation, methodology, assumptions, monitoring frameworks, validation, audit, and regulatory review.
• Monitor model performance, identify limitations and risk-related issues, and collaborate with EDD, FIU, Technology, and Model Risk Management stakeholders.

Requirements

• Bachelor’s degree in Mathematics, Statistics, Quantitative Analysis, or another technical discipline, with at least three years of relevant experience; equivalent education and work experience may be considered.
• Alternatively, a master’s degree in a quantitative discipline with at least one year of relevant experience may qualify.
• At least three years of relevant experience, including banking or financial services experience.
• Experience developing analytical solutions with Python and/or SAS.
• Ability to work in the specified hybrid arrangement with in-office attendance four days per week.
• Ability to follow internal controls, risk standards, policies, and regulatory expectations.

Nice to have

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

Culture & Benefits

• Work within a regulated banking environment focused on risk management and control standards.
• Collaborate across Enterprise Due Diligence, Financial Intelligence Unit, Technology, and Model Risk Management functions.
• Support an environment that promotes belonging and reflects the M&T Bank brand.
• Compensation is market-informed and based on the candidate’s knowledge, skills, and experience.