Credit Model Development Quantitative Lead - Commercial Real Estate Portfolio (Hybrid)

Location: Hybrid, requiring in-office work four days per week. Ideally based in Buffalo, NY, with possible placement in M&T offices in Baltimore, MD; Bridgeport, CT; New York City, NY; Iselin, NJ; Boston, MA; Wilmington, DE; Washington, DC; or another M&T corporate office. A remote arrangement may be considered depending on the finalist's location.

Salary: $103,000–$171,600 annual USD.

Company

hirify.global is a banking organization developing and managing financial risk models, Treasury initiatives, and regulatory risk processes.

What you will do

• Lead the research, development, implementation, maintenance, and analysis of behavioral models for credit risk, interest rate risk, liquidity risk, balance sheet management, and capital planning.
• Prepare and analyze large loan, deposit, and financial datasets using SQL and statistical programming tools.
• Develop econometric models using time-series, panel-data, logistic regression, and other statistical techniques.
• Execute models in production, monitor portfolio and model performance, and improve predictive results using observed data.
• Maintain model documentation, performance monitoring guidance, and support model validation engagements with Model Risk Management.
• Lead Treasury projects, communicate findings to senior stakeholders, and guide less experienced personnel and project contributors.

Requirements

• Bachelor's degree and at least four years of quantitative behavioral modeling experience, or an equivalent combination of education and experience including four years of modeling experience.
• Fluency in at least one open-source development language: Python or R.
• At least four years of experience with statistical software such as SAS, Python, Stata, or R.
• At least four years of experience with data management environments such as SQL Server Management Studio.
• Experience with end-to-end model development, large datasets, stakeholder challenge, project leadership, and communicating results through written narratives, charts, and graphs.
• Ability to work in a hybrid arrangement with in-office attendance four days per week at an applicable M&T office.

Nice to have

• Master's or doctoral degree in statistics, economics, finance, or a related quantitative discipline.
• Commercial real estate credit model development experience and financial risk modeling experience.
• FRM or CFA certification.
• Experience with balance sheet management, financial instrument modeling, model validation, and SR-11-7 guidance.
• Experience with agile project management, data lineage and observability, Git, Markdown, open-source package development, and reproducible coding environments.

Culture & Benefits

• Work on bank-wide risk management, Treasury, and regulatory initiatives.
• Collaborate with Credit Risk Management, Asset Liability and Liquidity Management, Model Risk Management, Treasury, and business-line stakeholders.
• Opportunity to lead projects and guide teams of up to three individual contributors or interns.
• Work within established regulatory, compliance, operational, and model risk controls.