Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
2027 Corporate Summer Internship Program- Wealth Management
Buffalo, NY · On-site
$18 - $28/hr
Summer Interns complete a 10 week internship centered around professional development, career ... Maintain M&T internal control standards, including timely implementation of internal and external ...
2027 Corporate Summer Internship Program- Wealth Management
Buffalo, NY · On-site
$18 - $28/hr
Summer Interns complete a 10 week internship centered around professional development, career ... Maintain M&T internal control standards, including timely implementation of internal and external ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Senior Administrative Assistant
Buffalo, NY · On-site
$20.55 - $34.25/hr
Associate's degree or equivalent in experience 4 years progressive secretarial/administrative support experience with demonstrated development of skills on-the-job M&T Bank is committed to fair ...
Senior Administrative Assistant
Buffalo, NY · On-site
$20.55 - $34.25/hr
Associate's degree or equivalent in experience 4 years progressive secretarial/administrative support experience with demonstrated development of skills on-the-job M&T Bank is committed to fair ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
The Banking Services Operations Development Program enables participants to gain in-depth ... Maintain M&T internal control standards, including timely implementation of internal and external ...
The Banking Services Operations Development Program enables participants to gain in-depth ... Maintain M&T internal control standards, including timely implementation of internal and external ...
The Banking Services Operations Development Program enables participants to gain in-depth ... Maintain M&T internal control standards, including timely implementation of internal and external ...
The Banking Services Operations Development Program enables participants to gain in-depth ... Maintain M&T internal control standards, including timely implementation of internal and external ...
2027 Enterprise Operations Development Program- Banking Services
Buffalo, NY · On-site
$29.57 - $43.99/hr
The Banking Services Operations Development Program enables participants to gain in-depth ... Maintain M&T internal control standards, including timely implementation of internal and external ...
2027 Enterprise Operations Development Program- Banking Services
Buffalo, NY · On-site
$29.57 - $43.99/hr
The Banking Services Operations Development Program enables participants to gain in-depth ... Maintain M&T internal control standards, including timely implementation of internal and external ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
2027 Corporate Summer Internship Program- Commercial Banking
Buffalo, NY · On-site
$18 - $28/hr
Summer Interns complete a 10 week internship centered around professional development, career ... Maintain M&T internal control standards, including timely implementation of internal and external ...
2027 Corporate Summer Internship Program- Commercial Banking
Buffalo, NY · On-site
$18 - $28/hr
Summer Interns complete a 10 week internship centered around professional development, career ... Maintain M&T internal control standards, including timely implementation of internal and external ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Ideally the position will be based in Buffalo, NY but may be in an M&T office in Buffalo, NY ... Lead research and development of quantitative behavioral models used for credit risk, interest rate ...
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Property Preservation Specialist III
Getzville, NY · On-site
$22.61 - $37.67/hr
This position is an integral role within M&T's Property Preservation team that will execute day-to-day functions including reviewing monthly property inspections provided by vendors to decide if ...
Property Preservation Specialist III
Getzville, NY · On-site
$22.61 - $37.67/hr
This position is an integral role within M&T's Property Preservation team that will execute day-to-day functions including reviewing monthly property inspections provided by vendors to decide if ...
Senior Branch Manager
Williamsville, NY · On-site
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Senior Branch Manager
Williamsville, NY · On-site
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Senior Branch Manager
Hartford, NY · On-site
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Senior Branch Manager
Hartford, NY · On-site
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Senior Branch Manager
Williamsville, NY · On-site
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
Senior Branch Manager
Williamsville, NY · On-site
Identifies Retail and Business Banking customer needs through the M&T sales processes, using the ... Demonstrated sales/business development experience and success. Has fundamental understanding of ...
M T Development information
See salary details
$17.5K - $31.1K
3% of jobs
$31.1K - $44.7K
0% of jobs
$44.7K - $58.3K
0% of jobs
$58.3K - $71.9K
2% of jobs
$71.9K - $85.5K
13% of jobs
$89.1K is the 25th percentile. Wages below this are outliers.
$85.5K - $99K
27% of jobs
The median wage is $102.1K / yr.
$99K - $112.6K
23% of jobs
$117.6K is the 75th percentile. Wages above this are outliers.
$112.6K - $126.2K
20% of jobs
$126.2K - $139.8K
4% of jobs
$139.8K - $153.4K
3% of jobs
$153.4K - $167K
5% of jobs
$17.5K
$106.7K
$167K
How much do m&t development jobs pay per year?
What are the key skills and qualifications needed to thrive as an M&T (Manufacturing & Technology) Development professional, and why are they important?
What opportunities for career growth exist within an M&T Development role?
What is M&T Development?
What is the difference between M&T Development vs Software Developer?
| Aspect | M&T Development | Software Developer |
|---|---|---|
| Required Credentials | Bachelor's in Computer Science or related field, relevant certifications | Bachelor's in Computer Science or related field, relevant certifications |
| Work Environment | Financial institutions, corporate IT teams | Tech companies, startups, corporate IT teams |
| Employer & Industry Usage | Banking, finance, investment sectors | Technology, software, IT services |
| Common Search & Comparison | Yes | Yes |
Both M&T Development and Software Developer roles typically require similar educational backgrounds and certifications. M&T Development positions are often found within financial institutions like M&T Bank, focusing on banking software solutions. Software Developers work across various industries, creating a wide range of applications. While their core skills overlap, M&T Development roles are more industry-specific to finance, whereas Software Developers have broader industry applications.

Full-time
Posted 13 days ago
M&T Bank rating
7.8
Based on 184 frontline employees who took The Breakroom Quiz
76th of 149 rated banks
Job description
There is potential for a remote work arrangement, within the United States, if the final candidate is not near one of the above locations OR another M&T corporate office.
Overview:
Independently develops, implements, maintains, analyzes and manages quantitative/econometric behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning. Serves as Bank-wide or industry expert in key area(s) of quantitative risk management. Provides mentoring, training and guidance to less experienced analysts and may lead/manage teams on a project basis, providing performance feedback to management as appropriate.
Primary Responsibilities:
- Lead research and development of quantitative behavioral models used for credit risk, interest rate risk and liquidity risk management, as well as balance sheet and capital planning, including but not limited to, loan delinquency, default and loss models, loan prepayment and utilization models, deposit attrition models, and financial instrument valuation methods.
- Prepare, manage and analyze large customer loan, deposit or financial data sets for statistical analysis in Structured Query Language (SQL) or similar tool to properly specify and estimate econometric models to understand customer or Bank behavior for the purposes of credit, interest rate, liquidity or stressed capital risk management. Understand context of the Bank's data and businesses to ensure properly developed models.
- Run regressions (including time series and logistic regression), programming routines and other econometric analyses to specify models using appropriate statistical software; communicate results, including graphic and tabular forms, to fellow team members, Treasury management and Bank-wide stakeholders, including the business lines and Risk Management colleagues to demonstrate key risk drivers and dynamics of model output.
- Execute models in production environment; communicate analytical results to Bank-wide stakeholders. Track portfolio performance, model performance, campaign tracking and risk strategy results. Incorporate observations and data in to existing models to improve predictive results.
- Develop, maintain, and manage satisfactory model documentation, including process narratives and performance monitoring guidelines to serve as reference source.
- Lead financial analysis and data support to other groups/departments across the Bank as required, serving as Bank-wide expert in area(s) of quantitative risk management. Lead engagements with colleagues in Model Risk Management for model validation exercises.
- Provide guidance and direction to less experienced personnel regarding all aspects of data and financial analysis and the development and management of predictive statistical models.
- Conduct business in compliance with regulatory guidance including SR (Supervision and Regulation Letters) 10-1, SR 10-6, SR 11-7, Enhanced Prudential Standards, etc. Adhere to applicable compliance/operational/model risk controls and other second line of defense and regulatory standards, policies and procedures.
- Serve as lead in managing Treasury projects and initiatives under guidance and direction of management. Present data, results and/or recommendations to Senior Management as necessary. May lead teams on a project basis, providing performance feedback to management as appropriate.
- Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
- Promote an environment that supports belonging 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:
The position serves as a quantitative expert in use of statistical programming languages to analyze Bank datasets and development, implementation and maintenance of behavioral models. It is important for the position to communicate with clear narratives, compelling data visualization and technical precision, both in-person and in writing, to enable audiences to understand analysis and forecasts. The position partners and collaborates with colleagues in related functions, including Credit Risk Management, Asset Liability and Liquidity Management, Model Risk Management and business lines to implement and understand models for Bank use. The position often leads team-based projects related to model development or implementation. This role is highly technical in nature and requires demonstrated attention to detail, execution and follow-up on multiple initiatives within Treasury and across the Bank. The ability to identify, analyze, rationalize and communicate complex business, data and statistical problems and recommend corresponding solutions while directing the work of others on the team is a key factor of success in this role. The position may supervise the work of interns and/or lead teams on a project basis, providing performance feedback to management as appropriate. The position also provides guidance and direction to less experienced personnel.
Education and Experience Required:
- Bachelor's degree and a minimum of 6 years' proven quantitative behavioral modeling experience, or in lieu of a degree, a combined minimum of 10 years' higher education and/or work experience, including a minimum of 6 years' proven quantitative behavioral modeling experience
- Credit model development experience
- Logistic Regression AND Linear Regression experience required
- Minimum of 6 years' on-the-job experience with pertinent statistical software packages, including Python experience (mandatory)
- Minimum of 6 years' on-the-job experience with data management environment, such as SQL Server Management Studio
- Minimum of 6 years' on-the-job experience analyzing large data sets and explaining results of analysis through concise written and verbal communication as well as charts/graphs
Education and Experience Preferred:
- Masters' of Science or Doctorate degree in statistics, economics, finance or related field in the quantitative social, physical or engineering sciences, with proven coursework proficiency in statistics, econometrics, economics, computer science, finance or risk management
- Minimum of 8 years' statistical analysis programming experience
- Financial Risk Manager (FRM) or Chartered Financial Analyst (CFA) designation
- Fluency and high proficiency in econometric/statistical techniques, especially time-series analysis, panel data methods and logistic regression
- Experience in balance sheet management and mathematical modeling of financial instruments offered by banks
- Knowledge and familiarity with key aspects of model risk management and model validation, including SR-11-7 guidance on model risk management
- Proven track record for being able to work autonomously and within a team environment
- Proven leadership skills
- Strong desire to learn and contribute to a group
- Previous experience leading and directing the work of less experienced personnel
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $123,600.00 - $206,000.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Buffalo, New York, United States of America
About M&T Bank
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Buffalo, NY, US
Year founded
1856