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Market Risk Manager Jobs in Buffalo, NY (NOW HIRING)

M&T Bank

Senior Risk Manager

Buffalo, NY · On-site

$128K - $214K/yr

Senior Risk Manager - Enterprise Operations The Senior Risk Manager is a key member of the ... and market-informed pay for our employees. The pay range for this position is $128,900.00 - $214 ...

M&T Bank

Fraud Risk Manager

Buffalo, NY · On-site

$107K - $179K/yr

Manage the first line of defense risk management responsibilities of the business unit in ... and market-informed pay for our employees. The pay range for this position is $107,500.00 - $179 ...

M&T Bank

Fraud Risk Manager

Buffalo, NY · On-site

$107K - $179K/yr

Manage the first line of defense risk management responsibilities of the business unit in ... and market-informed pay for our employees. The pay range for this position is $107,500.00 - $179 ...

M&T Bank

Senior Risk Manager

Buffalo, NY · Hybrid

$128K - $214K/yr

Senior Risk Manager - Enterprise Operations The Senior Risk Manager is a key member of the ... and market-informed pay for our employees. The pay range for this position is $128,900.00 - $214 ...

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Barclays

Markets Trading - VP

Niagara Falls, NY · On-site

$150 - $250/hr

Facilitate the execution and automation of electronic foreign exchange (eFX) trades in accordance with established trading strategies and risk management policies. * Monitor market risk in eFX spot ...

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All JobsMarket Risk JobsMarket Risk Manager JobsMarket Risk Manager Jobs in Buffalo, NY

Market Risk Manager information

See Buffalo, NY salary details

$49.9K

$108.1K

$164.7K

How much do market risk manager jobs pay per year?

As of Aug 24, 2026, the average yearly pay for market risk manager in Buffalo, NY is $108,060.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $125,000.00 per year, depending on experience, location, and employer.

What does a market risk manager do?

A Market Risk Manager is responsible for identifying, assessing, and mitigating risks that arise from fluctuations in market variables such as interest rates, foreign exchange rates, and equity prices. They analyze trading portfolios, conduct stress tests, and develop risk management strategies to protect their organization from potential losses. Additionally, Market Risk Managers work closely with traders, analysts, and senior management to ensure that market risks are understood and maintained within acceptable levels.

How does a market risk manager typically collaborate with other departments within a financial institution?

A Market Risk Manager works closely with various departments such as trading, treasury, and compliance to monitor and mitigate potential risks in the institution’s portfolio. They often consult with traders to understand new products and exposures, coordinate with IT teams to enhance risk management systems, and report findings to senior management and regulatory bodies. Regular communication and collaboration are essential to ensure all teams are aligned in managing risk effectively and responding promptly to market developments.

What are the key skills and qualifications needed to thrive as a market risk manager, and why are they important?

To thrive as a Market Risk Manager, you need strong quantitative analysis skills, a background in finance or economics, and often an advanced degree such as an MBA or CFA. Familiarity with risk management software (like Value-at-Risk models), statistical tools, and financial systems such as Bloomberg Terminal is typically required. Excellent problem-solving, communication, and decision-making skills set standout candidates apart in this highly analytical role. These capabilities are crucial for accurately assessing market risks, supporting sound investment decisions, and ensuring regulatory compliance in dynamic financial environments.

What is the difference between Market Risk Manager vs Credit Risk Analyst?

AspectMarket Risk ManagerCredit Risk Analyst
Required CredentialsBachelor's degree, often CFA or FRMBachelor's degree, often CFA or FRM
Work EnvironmentFinancial institutions, trading floors, risk departmentsBanks, lending institutions, credit departments
Employer & Industry UsageUsed in investment banks, asset managers, hedge fundsUsed in commercial banks, credit agencies, lending firms
Common Search & ComparisonOften compared for risk management roles in financeCompared for credit analysis roles

The Market Risk Manager focuses on identifying and managing risks related to market fluctuations, such as interest rates and stock prices. In contrast, the Credit Risk Analyst assesses the creditworthiness of borrowers to mitigate default risk. Both roles require similar credentials and are vital in financial institutions, but they specialize in different risk areas.

Do market risk managers make good money?

Market risk managers typically earn competitive salaries that vary based on experience, location, and industry. According to industry reports, median salaries range from $80,000 to over $150,000 annually, with higher earnings possible for those with advanced certifications like FRM or CFA and extensive experience. Bonuses and benefits can also significantly increase total compensation in this role.

What are popular job titles related to Market Risk Manager jobs in Buffalo, NY?

For Market Risk Manager jobs in Buffalo, NY, the most frequently searched job titles are:

What job categories do people searching Market Risk Manager jobs in Buffalo, NY look for?

The top searched job categories for Market Risk Manager jobs in Buffalo, NY are:

What cities near Buffalo, NY are hiring for Market Risk Manager jobs?

Cities near Buffalo, NY with the most Market Risk Manager job openings:

Market Risk Manager jobs near you
Infographic showing various Market Risk Manager job openings in Buffalo, NY as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, 1% Contract, and 1% Nights. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $108,060 per year, or $52 per hour.

Expert Risk Analyst - Interest Rate Risk

M&T Bank

Buffalo, NY • On-site

$123K - $206K/yr

Full-time

Posted 11 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 187 frontline employees who took The Breakroom Quiz

79th of 171 rated banks

Job description

Overview:
The Expert Risk Analyst will support, and report, to the Segment Risk Manager responsible for oversight of market risk. The Incumbent will have regular, direct interaction with senior members of the Treasury group and play a critical role in conducting effective challenge of Treasury activities relating to market risk, balance sheet or income statement forecast. They will serve as bank-wide or industry expert in key area(s) of treasury risk management. They will also provide 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:
  • Senior individual contributor and group's subject matter expert on market risk related activities. Interact directly with Treasury team members to conduct effective challenge of Treasury risk pillars (market risk) through annual process assessments (PA) and periodic challenge reviews (CR).
  • Detailed knowledge of Asset Liability Management (ALM) concepts including interest rate risk modeling (net interest income and economic value of equity) and/or funds transfer pricing. Experience modeling interest rate risk measurements in QRM.
  • Detailed knowledge of plain-vanilla interest rate derivatives and underlying markets, pricing models, sensitivities, valuation methods and risk management measures.
  • Detailed understanding of bond math concepts such as effective duration, convexity, OAS.
  • Solid understanding of mathematical topics such as discounted cashflow valuation, historical VaR model construction and operation, statistics.
  • Accountable for multiple processes/programs and my provide input on department budget for vendor expenses.
  • Set tactical direction based on findings of PAs and CRs when regulatory or best-practice gaps exist, as uncovered through the PA and CR frameworks in support of department strategic direction.
  • Communicate findings to Treasury team members forming strategic relationships with department peers and senior leadership.
  • Set timelines, expectations, and negotiate across departments to drive process improvement initiatives to implement changes to methodology and enhance/streamline processes to improve efficiency and sustainability.
  • Provide leadership, guidance and direction to junior staff regarding all aspects of data analysis, risk reporting, risk identification, risk policies and governance and regulatory compliance.
  • Maintain and develop in others knowledge on standard concepts, practices, and procedures within the risk analytics field.
  • Build new financial challenger-type models or utilize existing ALM models to increase the efficiency of oversight activities.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • 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.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Complete other related duties as assigned.

Scope of Responsibilities:
The Expert Risk Analyst must be adept at working across all levels of the organization from junior staff to the Chief Risk Officer or other senior/executive members of management in Risk or Treasury/Finance. This is a high exposure position where the incumbent must be comfortable working with minimal/moderate oversight under tight deadlines. The incumbent serves as the expert on matters relating to treasury risk analysis.
Supervisory/Managerial Responsibilities:
Provide training and guidance to junior analysts and peers, and may lead/manage a small team.
Education and Experience Required:
Bachelor's degree in quantitative/analytical discipline (e.g., Finance, Accounting or Economics) and minimum of seven years' experience in a risk or business quantitative position including a minimum of two years' experience in interest rate, market and/or liquidity risk management
OR in lieu of degree,
A combined nine years' work experience and/or higher education with a minimum of seven years' relevant work experience.
Thorough knowledge of regulatory guidance on prudent interest rate, market and/or liquidity risk management including best practices and industry norms
Excellent verbal and written communication, cross-functional collaboration skills.
Ability to communicate concepts/theories and develop alternative recommendations.
Ability to make effective presentations to all levels of the organization.
Education and Experience Preferred:
Master's degree and/or CFA preferred.
Experience in treasury risk management, asset liability management or capital markets functions at a Category III or IV bank.
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

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