ZipRecruiter

Log In

1

Senior Risk Analyst Jobs in Buffalo, NY (NOW HIRING)

next page

Showing results 1-20

All JobsRisk Analyst JobsSenior Risk Analyst JobsSenior Risk Analyst Jobs in Buffalo, NY

Senior Risk Analyst information

See Buffalo, NY salary details

$51.8K

$106.4K

$138K

How much do senior risk analyst jobs pay per year?

As of Aug 9, 2026, the average yearly pay for senior risk analyst in Buffalo, NY is $106,404.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,700.00 and $132,700.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a senior risk analyst?

To thrive as a Senior Risk Analyst, you need strong analytical skills, a solid grasp of risk assessment methodologies, and typically a degree in finance, economics, or a related field. Proficiency with risk management software, data analysis tools like Excel, and familiarity with regulatory frameworks such as Basel III or SOX is often required. Attention to detail, critical thinking, and effective communication are crucial soft skills for identifying, evaluating, and reporting risks. These competencies are vital for ensuring accurate risk identification and mitigation, supporting sound business decisions, and maintaining regulatory compliance.

How does a senior risk analyst typically collaborate with other departments to identify and mitigate risks?

Senior Risk Analysts regularly work with teams across the organization, such as compliance, finance, operations, and IT, to identify emerging risks and implement mitigation strategies. They often participate in cross-functional meetings, provide insights from data analysis, and help develop policies that address both regulatory requirements and business objectives. Building strong working relationships and communicating complex risk scenarios in an accessible way are key to ensuring coordinated risk management efforts. This collaborative approach not only helps in early detection of potential issues but also fosters a proactive risk culture within the company.

How much do senior risk analysts get paid?

Senior risk analysts typically earn a median annual salary between $80,000 and $120,000, depending on experience, industry, and location. They often require strong analytical skills and knowledge of risk management tools and regulations.

What is the difference between Senior Risk Analyst vs Risk Analyst?

AspectSenior Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, often certifications like FRM or CRMBachelor's degree, some certifications like FRM or CRM
Work EnvironmentFinancial institutions, insurance companies, consulting firmsFinancial firms, corporations, government agencies
Employer & Industry UsageUsed across finance, insurance, and consulting sectorsCommon in finance, banking, and insurance industries

The main difference is that Senior Risk Analysts typically have more experience, advanced certifications, and handle more complex risk assessments. They often lead projects and mentor junior staff, whereas Risk Analysts focus on data collection, analysis, and supporting risk management processes.

What does a senior risk analyst do?

A senior risk analyst evaluates potential risks that could impact an organization’s financial health, operations, or reputation. They analyze data, develop risk mitigation strategies, and use tools like risk assessment software to inform decision-making. This role often requires strong analytical skills, industry knowledge, and relevant certifications such as FRM or CRM.
What are the most commonly searched types of Risk Analyst jobs in Buffalo, NY? The most popular types of Risk Analyst jobs in Buffalo, NY are:
What are popular job titles related to Senior Risk Analyst jobs in Buffalo, NY? For Senior Risk Analyst jobs in Buffalo, NY, the most frequently searched job titles are:
What job categories do people searching Senior Risk Analyst jobs in Buffalo, NY look for? The top searched job categories for Senior Risk Analyst jobs in Buffalo, NY are:
What cities near Buffalo, NY are hiring for Senior Risk Analyst jobs? Cities near Buffalo, NY with the most Senior Risk Analyst job openings:
Senior Risk Analyst jobs near you
Infographic showing various Senior Risk Analyst job openings in Buffalo, NY as of July 2026, with employment types broken down into 86% Full Time, 9% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $106,404 per year, or $51.2 per hour.

Senior Quantitative Risk Analyst - BSA/AML

M&T Bank

Buffalo, NY • On-site

$85K - $143K/yr

Full-time

Re-posted 15 days ago

M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

79th of 170 rated banks

Job description

Overview

This position supports the development of statistical and machine learning models within a regulated environment. The role contributes to key components of the model development lifecycle-including data preparation, model development, testing/validation support, implementation, and monitoring-while working closely with senior modelers to deliver analytically sound and well-documented solutions. Development work is performed using both Python and SAS.

Primary Responsibilities

  • Support the design, development, testing, implementation, and monitoring of statistical and machine learning models
  • Prepare, transform, and analyze large datasets (e.g., transactions, customer behavior, entity data)
  • Partner with senior team members to translate business problems into analytical approaches
  • Contribute to model documentation, including methodology, assumptions, and monitoring frameworks
  • Develop and maintain analytical code using Python and/or SAS
  • Assist in model performance monitoring and identification of model issues or limitations
  • Support model validation, audit, and regulatory review processes
  • Collaborate with stakeholders across EDD, FIU, Technology, and Model Risk Management
  • Ensure adherence to internal controls and regulatory expectations
  • Provide guidance to junior analysts where 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

Works under general guidance from more senior quantitative risk managers. Responsible for independent execution of defined analytical tasks and contributing to model development efforts. Builds technical expertise in AML modeling and governance.

Education and Experience Required

  • Bachelor degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline,
  • OR in lieu of degree A combined minimum of 7 years higher education and/or work experience to include a minimum of 3 years relevant experience.
    -OR-
  • Master's degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline, with minimum of 1 year relevant experience,
    OR in lieu of degree,
  • A combined minimum of 7 years higher education and/or work experience to include a minimum of 1 year relevant experience.
  • Minimum of 3 years relevant experience, Banking or Financial Services experience.

Preferred

  • Master's degree in a quantitative discipline
  • Experience in banking, financial services, or AML/BSA
  • Exposure to model validation or model risk management
  • Familiarity with machine learning techniques
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,800.00 - $143,000.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBuffalo, New York, United States of America

What M&T Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply