1

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

Senior Analyst

Niagara Falls, NY · On-site

$119 - $193/hr

The Security And Risk Senior Analyst will deliver these insights and recommendations in written reports, presentations, tools and templates, video, inquiries, guidance sessions, and custom advisory ...

next page

Showing results 1-20

Sr Risk Analyst information

See Buffalo, NY salary details

$51.8K

$106.4K

$138K

How much do sr risk analyst jobs pay per year?

As of Aug 26, 2026, the average yearly pay for sr 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 does a Sr Risk Analyst do?

A Sr Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or financial performance. They analyze data, create risk models, and provide recommendations to help companies make informed decisions and maintain compliance with regulations. Senior Risk Analysts often work closely with management and various departments to implement risk management strategies and ensure the company’s risk exposure is within acceptable limits.

How does a Sr Risk Analyst typically collaborate with other departments to manage enterprise risks?

As a Sr Risk Analyst, collaboration with various departments—such as compliance, audit, finance, and operations—is essential to identify, assess, and mitigate organizational risks. You will often facilitate risk workshops, communicate findings to department heads, and provide guidance on risk mitigation strategies. Regular cross-functional meetings and reporting help ensure risks are understood and addressed at all levels, making strong communication and relationship-building skills vital for success in this role.

What are the key skills and qualifications needed to thrive as a Sr Risk Analyst, and why are they important?

To thrive as a Sr Risk Analyst, you need strong analytical skills, experience in risk assessment methodologies, and a background in finance, economics, or a related field, often supported by relevant certifications such as FRM or CFA. Proficiency in data analysis tools like Excel, SQL, SAS, or Python, as well as risk management software, is typically required. Excellent communication, critical thinking, and problem-solving skills help you convey risk insights and collaborate effectively with stakeholders. These competencies enable accurate risk identification and mitigation, supporting sound decision-making and regulatory compliance.

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

AspectSr Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, relevant certifications (e.g., FRM, CRM), 3+ years experienceBachelor's degree, certifications optional, 1-3 years experience
Work EnvironmentFinancial institutions, insurance companies, corporate risk departmentsFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageUsed in larger organizations with complex risk management needsCommon in smaller firms or entry-level roles

The main difference between a Sr Risk Analyst and a Risk Analyst lies in experience, responsibilities, and seniority. A Sr Risk Analyst typically has more years of experience, advanced certifications, and handles 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. Both roles are vital in risk management teams, but the senior role involves greater responsibility and strategic input.

What are popular job titles related to Sr Risk Analyst jobs in Buffalo, NY?

For Sr Risk Analyst jobs in Buffalo, NY, the most frequently searched job titles are:

What job categories do people searching Sr Risk Analyst jobs in Buffalo, NY look for?

The top searched job categories for Sr Risk Analyst jobs in Buffalo, NY are:

What cities near Buffalo, NY are hiring for Sr Risk Analyst jobs?

Cities near Buffalo, NY with the most Sr Risk Analyst job openings:

Infographic showing various Sr Risk Analyst job openings in Buffalo, NY as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 11% Part Time, and 3% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% 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 Corporation

Buffalo, NY • On-site

$85.80 - $143/hr

Other

Medical, Retirement

Posted 8 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 172 rated banks


Job description

## Senior Quantitative Risk AnalystApplyremote type: Hybrid Positionlocations: Buffalo, NYtime type: Full timeposted on: Posted Todayjob requisition id: R87403**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 techniquesM&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.# **Location**Buffalo, New York, United States of America### About UsGreat companies have an enduring sense of purpose. At M&T, our purpose is a simple one: **make a difference in people’s lives and uplift the communities we serve**. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution.**As an employer of choice, we are proud to offer** **competitive benefits** ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. ViewM&T’s Human Capital Report to learn more.**Ready to join our team?** Submit your application today!If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at careersitesupport@mtb.com for assistance. #J-18808-Ljbffr

What M&T Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom