Commercial Scorecard Risk Analytics Manager

Job description

Overview: Responsible for the long-term strategic design, implementation, maintenance, testing and use of Commercial Risk Rating Models and Loss forecasting models utilized for credit risk management or other enterprise initiatives and sets the strategic direction for the process of continuous enhancements. Particular emphasis is the Bank’s commercial Probability of Default (PD) and Loss Given Default (LGD) models. Act as a key contact for outside parties (bank examiners, auditors) on M&T’s Commercial Credit Risk Rating structure and process. Also, responsible for keeping up to date with industry’s best practice and changes in the field of commercial risk ratings. Primary Responsibilities: Development and Maintenance of the framework for Commercial PD and LGD credit risk models for the institution. Ensure compliance of models to all regulations. Monitor and report on performance of all models. Determine when redevelopment or recalibration is needed. Conduct internal validation and back testing of all models. Partner with Centralized Technology to ensued that models are fully integrated into the appropriate platform which allows seamless delivery to the end user while providing for...