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Manager Model Risk Management Jobs in Buffalo, NY

M&T Bank

Model Risk Analyst-Validation

Buffalo, NY

$91K - $101K/yr

Provide guidance and advice to other departments regarding model risk management. Prepare written summary and analysis of all validation work, using a combination of word processing and presentation ...

M&T Bank

Model Risk Analyst-Validation

Buffalo, NY · On-site

$91K - $101K/yr

Provide guidance and advice to other departments regarding model risk management. Prepare written summary and analysis of all validation work, using a combination of word processing and presentation ...

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All JobsManager Model Risk Management JobsManager Model Risk Management Jobs in Buffalo, NY

Manager Model Risk Management information

See Buffalo, NY salary details

$42.1K

$100.5K

$162.3K

How much do manager model risk management jobs pay per year?

As of Jun 24, 2026, the average yearly pay for manager model risk management in Buffalo, NY is $100,454.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,200.00 and $127,900.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills in financial institutions or large corporations.

What does a model risk manager do?

A model risk manager oversees the identification, assessment, and mitigation of risks associated with financial and operational models used within an organization. They ensure models are accurate, compliant with regulations, and perform as intended, often working with validation teams and utilizing tools like statistical software. Their role helps prevent financial loss and supports sound decision-making.

What is the difference between Manager Model Risk Management vs Model Risk Analyst?

AspectManager Model Risk ManagementModel Risk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Master's in Finance or Risk), certifications like FRM or CFAOften requires similar credentials, such as FRM or CFA, but may have less emphasis on managerial certifications
Work EnvironmentLeads teams, manages risk frameworks, and interacts with senior managementPerforms detailed risk analysis, supports model validation, and reports findings
Employer & Industry UsageCommon in banking, asset management, and financial institutionsFound in similar environments, often as a supporting role to managers

The Manager Model Risk Management oversees the entire model risk framework, manages teams, and interacts with senior stakeholders. In contrast, the Model Risk Analyst focuses on detailed analysis, validation, and reporting of models. Both roles require similar credentials but differ in scope and responsibilities.

Is model risk management a good career?

Model risk management is a specialized field within financial and banking sectors that involves identifying, assessing, and mitigating risks associated with financial models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is considered stable and in demand due to increasing regulatory requirements and reliance on complex models.

What is the salary of model risk management in Deloitte?

The salary for a Manager in Model Risk Management at Deloitte typically ranges from $110,000 to $150,000 annually, depending on experience, location, and performance. Additional benefits may include bonuses, health insurance, and professional development opportunities.
What are popular job titles related to Manager Model Risk Management jobs in Buffalo, NY? For Manager Model Risk Management jobs in Buffalo, NY, the most frequently searched job titles are:
What job categories do people searching Manager Model Risk Management jobs in Buffalo, NY look for? The top searched job categories for Manager Model Risk Management jobs in Buffalo, NY are:
What cities near Buffalo, NY are hiring for Manager Model Risk Management jobs? Cities near Buffalo, NY with the most Manager Model Risk Management job openings:
Manager Model Risk Management jobs near you
Model Risk Analyst-Validation

Model Risk Analyst-Validation

M&T Bank

Buffalo, NY

$91K - $101K/yr

Full-time

Posted 7 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 181 frontline employees who took The Breakroom Quiz

66th of 141 rated banks

Job description

Title: Model Risk Analyst - Validation

Job Location: One M&T Plaza, Buffalo, NY 14203.

Job Description: Ensure the accuracy, reliability, and compliance of models in accordance with Company or regulatory standards and policies. Perform validation and analysis of expert judgment or qualitative factors that augment quantitative models. Analyze financial data, trends, and regulations to identify potential opportunities for improvement. Develop new models to address changing risk environments. Monitor model performance, prepare reports for internal and external stakeholders, and document findings. Stay abreast of industry best practices and regulatory changes. Provide guidance and advice to other departments regarding model risk management. Prepare written summary and analysis of all validation work, using a combination of word processing and presentation software skills.

Minimum requirements: Master's degree (or foreign equivalent) in Applied Mathematics, Computing, Data Science, Materials Science, or related STEM field of study plus three (3) years of experience as a Model Risk Analyst, Data Scientist, Quantitative Analyst, Product Developer, or related occupation.

Requires Three (3) years of experience in each of the following:

  • Programming Languages, including Python, MATLAB, C/C++, R and SAS.
  • Technical Analyses, including in-sample back-testing, moving averages, time series analysis, z-score analysis, performance metrics evaluation, goodness-off-fit tests (including Kolmogorov-Smirnov test and Gini scores), and correlation matrices.
  • Technical Writing, including writing technical reports using Microsoft Word, LaTeX, Markdown, or Git.
  • Data Science concepts, including statistics and probability, exploratory data analysis (EDA), machine learning, model evaluation and selection, feature engineering, time series analysis, loss forecasting, and model validation concepts such as cross validation, model performance metrics selection, and bias-variance tradeoff.
  • Building Regression Models (including Linear and Logistic Regression and Multinomial Regression Models) and handling multicollinearity, assumptions review, and evaluation of regression models using various validation techniques.
  • Conducting independent review and validation of Machine Learning Models.

Skills can be gained through graduate-level coursework.

Salary: $91,463.04-$101,463.04 per year

LocationBuffalo, New York, United States of America

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