Treasury Quantitative Commercial Model Development Manager

4 weeks ago


Bridgeport CT, United States M&T Bank Full time

Overview: Manages a team of quantitative analysts and modelers within Treasury to support data, systems and forecasting needs of Treasury’s credit, interest rate risk, liquidity risk, CCAR (Comprehensive Capital Analysis and Review)/stress testing and economic capital practices.  Assists with directing daily and long-range strategic direction of the group to support business initiatives and regulatory compliance.Primary Responsibilities:Lead teams in analysis of origination, credit, financial, demographic, behavioral, market and economic data pertinent to the Bank’s customers, portfolios and products.  Interpret results, develop recommendations and present findings to senior management.Manage the end-to-end model development and implementation process for behavioral models supporting the firm’s credit risk management, interest rate risk, liquidity risk, stress testing and economic capital practices.  Facilitate the model development effective challenge process with the Model Development Working and Model Development Oversight Groups.Work with a wide range of internal customers, including executive management, to explain the benefits, limitations, assumptions and requirements for proposed models, scorecards, and forecasts.Work closely with internal and external business partners to develop and implement strategies for optimal pricing, underwriting or funding strategy with the end goal of maximizing firm profitability.Develop and implement performance metrics, reporting and analyses using models to support data-driven decision-making and forecasting for the firm’s customers, products and portfolios.Manage knowledge of Bank-specific and industry data sources necessary to support quantitative analytical and modeling efforts.  Serve as liaison across Bank-wide stakeholders to ensure appropriate data sourcing for projects.Manage satisfactory model documentation, including process narratives and performance monitoring guidelines to serve as reference source.  Lead engagements with colleagues in Model Risk Management for model validation exercises.Serve as subject matter expert for all Treasury projects for senior management, creating partnerships with product teams, underwriting functions, Customer Asset Management and recovery teams, Balance Sheet Risk Management, external consultants, vendors and peer banks on all facets of quantitative risk management.Maintain a current knowledge of standard concepts, best practices and procedures within current behavioral/econometric modeling practices ,as well as credit risk management, balance sheet management, interest rate risk and liquidity risk management fields to apply these to internal practices as appropriate.Mentor and supervise work of less experienced team members and assist in development of their technical and professional acumen. Define, develop and deploy best risk management practices and infrastructure Bank-wide.Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.  Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis.  Identify risk-related issues needing escalation to management.Promote an environment that supports diversity and reflects the M&T Bank brand.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.Complete other related duties as assigned.Scope of Responsibilities:This role is highly technical in nature and requires strong attention to detail, execution and follow-up on multiple initiatives within Treasury.  The ability to identify, analyze, rationalize and communicate complex business problems and recommend solutions is a key factor of success in this role.  Success in this role requires the ability to use analytics in a collaborative effort across multiple functions and products to derive optimum solutions to business problems.  This position interacts with most business and functional areas of the Bank, as well as with vendors, risk management consultants and supervisory bodies.  The position also has occasional informational/educational meetings with internal and external customers.  The position supervises the work and leads/manages teams of individual contributors, providing objective-setting, developmental opportunities and performance feedback as appropriate.Education and Experience Required:Bachelor’s degree in statistics, economics, finance or related field in the quantitative social, natural, physical or engineering sciences, with proven coursework proficiency in statistics, econometrics, economics, computer science, finance or risk management and a minimum of 9 years’ proven quantitative behavioral modeling experience, or in lieu of a degree, a combined minimum of 13 years’ higher education and/or work experience, including a minimum of 9 years’ proven quantitative behavioral modeling experienceMinimum of 3 years’ managerial experienceProven experience managing and analyzing large data sets and explaining results of analysis through concise written and verbal communication as well as charts/graphsEducation and Experience Preferred:Knowledge and familiarity with key aspects of model development for behavioral/quantitative models, including time series, scorecard, logistic regression, financial valuation or panel data models for credit risk, interest rate risk or liquidity risk managementKnowledge and familiarity with key aspects of model risk management and model validation, including SR-11-7 guidance on model risk managementProven track record for being able to work autonomously and within a team environmentStrong leadership skillsStrong desire to learn and contribute to a groupExperience with pertinent statistical software packages (e.g. SAS, Python, Stata, R)Experience with data management environment, such as SQL Server Management StudioLocationBridgeport, Connecticut, United States of AmericaSummaryLocation: Bridgeport, CTType: Full time



  • Bridgeport, United States M&T Bank Full time

    Overview: Manages a team of quantitative analysts and modelers within Treasury to support data, systems and forecasting needs of Treasury’s credit, interest rate risk, liquidity risk, CCAR (Comprehensive Capital Analysis and Review)/stress testing and economic capital practices. Assists with directing daily and long-range strategic direction of the group...


  • Bridgeport, United States M&T Bank Full time

    Overview: Manages a team of quantitative analysts and modelers within Treasury to support data, systems and forecasting needs of Treasury’s credit, interest rate risk, liquidity risk, CCAR (Comprehensive Capital Analysis and Review)/stress testing and economic capital practices. Assists with directing daily and long-range strategic direction of the group...


  • Stamford, CT, United States G-Research Full time

    G-Research is Europe’s leading quantitative finance research firm. We hire the brightest minds in the world to tackle some of the biggest questions in finance. We pair this expertise with machine learning, big data, and some of the most advanced technology available to predict movements in financial markets.The roleWe are committed to finding the world’s...

  • Quantitative Developer

    2 months ago


    Greenwich, CT, United States Thurn Partners Full time

    The quant development team sit on the desk and create, implement and support the tools, frameworks, platforms and models for the traders, researchers and quants. Due to increased research into Commodities, they are looking for a Quant Developer to convert unprecedented research theories into tangible models and platforms, written in reliable and scalable...


  • Stamford, CT, United States G Research Full time

    Location: StamfordG-Research is Europe’s leading quantitative finance research firm. We hire the brightest minds in the world to tackle some of the biggest questions in finance. We pair this expertise with machine learning, big data, and some of the most advanced technology available to predict movements in financial markets.The RoleThe Risk and Financial...


  • Stamford, CT, United States G-Research Full time

    Do you want to tackle the biggest questions in finance with near infinite compute power at your fingertips?G-Research is a leading quantitative research and technology firm. We are proud to employ some of the best people in their field and to nurture their talent in a dynamic, flexible and highly stimulating culture where world-beating ideas are cultivated...


  • Stamford, CT, United States IT People Corporation, Inc. Full time

    Quantitative Developer who will join the Central Research Technology team, which builds strategic solutions for research and live trading of quantitative strategies across multiple frequencies and products. This is a unique opportunity to grow your career with the team while building the next generation of research and quant trading systems. ...

  • Director of Treasury

    2 weeks ago


    Stamford, CT, United States Investment Management Firm Full time

    A prestigious investment management firm is seeking a Treasury Director to join their team. This person would be reporting into the Head of Treasury and will be responsible for overseeing all aspects of the treasury operations and cash management. Responsibilities: Cash flow forecasting and monitoring daily cash balances Responsible for the company's...


  • Hartford, CT, United States Selby Jennings Full time

    Based in Hartford, Connecticut, an insurance-based financial firm has seen considerable growth over the years, expanding into Insurance, Reinsurance, and Asset Management sectors, primarily specializing in Fixed Annuities. Currently, their Treasury team consists of three associates, and they are actively seeking to add another associate or senior associate...


  • Bridgeport, United States Syneos Health inVentiv Health Commercial LLC Full time

    Description Pricing Systems Manager Syneos Health is a leading fully integrated biopharmaceutical solutions organization built to accelerate customer success. We translate unique clinical, medical affairs and commercial insights into outcomes to address modern market realities. Our Clinical Development model brings the customer and the patient to the center...


  • Bridgeport, United States Bluestone Real Estate Full time

    Are you a commercial agent looking for a brokerage change? Bluestone Real Estate can provide you with commercial listings, leads & the back office support you need to grow and manage your real estate career. Work on the road or from our full functioning modernized office. No desk fees or other fees. Bluestone is a commercial property management & brokerage...


  • Hartford, CT, United States The Travelers Indemnity Company Full time

    Taking care of our customers, our communities and each other. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Actuarial The annual base salary range provided for this...


  • Stamford, CT, United States Investment Management Firm Full time

    A prestigious investment management firm is seeking a Treasury Director to join their team. This person would be reporting into the Head of Treasury and will be responsible for overseeing all aspects of the treasury operations and cash management. Responsibilities: Cash flow forecasting and monitoring daily cash balances Responsible for the company's...


  • Torrington, CT, United States 360 Recruiting Group Full time

    Who We Are Since 1839, Brooks, Todd & McNeil have worked with Connecticut businesses, non-profit organizations, and families to assist with all their insurance needs. Growing from one location in Torrington to five offices throughout Connecticut and two in South Carolina. Brooks, Todd & McNeil pride ourselves on having the experience and knowledge to...


  • Hartford, CT, United States M&T Bank Full time

    Overview:Responsible for an assigned portfolio of the most complex and or large dollar amount loan and/or deposit relationships with major businesses in the community.  Solicits new business, cross sells, administers and services existing business relationships.Primary Responsibilities:Services customers seeking loan and/or deposit relationships of large...


  • Bridgeport, United States The WorkPlace Full time

    **Job Title**:Manager, Nursing Expansion **Department**:Operations **R**eports To**:Vice President, Workforce Development **Classification**:Exempt **Location**: Bridgeport **Salary**:$60,000-$75,000 **-** SUMMARY The Manager oversees and assumes responsibility for the implementation of The WorkPlace?s Nursing Expansion grant program. The purpose of...


  • Bridgeport, United States Rotair Aerospace Corporation Full time

    Rotair Aerospace Corporation, a local aircraft parts manufacturing business has an open position for a Commercial Salesperson working in the office at our location in Bridgeport, CT.We are looking for a self-motivated salesperson with office experience that has good communication and negotiating skills in dealing with customers both on the phone and via...


  • Bridgeport, United States Rotair Aerospace Corporation Full time

    Rotair Aerospace Corporation, a local aircraft parts manufacturing business has an open position for a Commercial Salesperson working in the office at our location in Bridgeport, CT.We are looking for a self-motivated salesperson with office experience that has good communication and negotiating skills in dealing with customers both on the phone and via...


  • Bridgeport, United States Rotair Aerospace Corporation Full time

    Rotair Aerospace Corporation, a local aircraft parts manufacturing business has an open position for a Commercial Salesperson working in the office at our location in Bridgeport, CT.We are looking for a self-motivated salesperson with office experience that has good communication and negotiating skills in dealing with customers both on the phone and via...


  • Bridgeport, United States Rotair Aerospace Corporation Full time

    Rotair Aerospace Corporation, a local aircraft parts manufacturing business has an open position for a Commercial Salesperson working in the office at our location in Bridgeport, CT.We are looking for a self-motivated salesperson with office experience that has good communication and negotiating skills in dealing with customers both on the phone and via...