Senior Model Validation Manager - Commercial CCAR/CECL
M&T Bank Corporation, Buffalo, New York, United States, 14266
Senior Model Validation Manager - Commercial CCAR/CECL page is loaded## Senior Model Validation Manager - Commercial CCAR/CECLremote type:
Hybrid Positionlocations:
Buffalo, NYtime type:
Full timeposted on:
Posted Yesterdayjob requisition id:
R83150# **Overview:**The Senior Validation Manager will lead the independent validation of the Bank’s commercial capital planning, and CECL models. This role is responsible for technical leadership of the commercial CCAR/ CECL validation portfolio and management of a quantitative validation team. This is a hands on technical leadership role. The successful candidate will be expected to engage deeply in model methodology, data integrity, performance analysis, and independent replication. The position requires strong quantitative judgment, intellectual rigor, and the ability to challenge complex modeling frameworks in a clear and disciplined manner. The role reports directly to the Head of Model Risk Management and serves as the domain lead for commercial model validation.## **Position Responsibilities:**Lead and oversee the independent validation of commercial CCAR/ CECL and capital related models, including:* Probability of Default, Loss Given Default, and Exposure at Default frameworks* Stress testing and capital planning models* CECL estimation methodologiesDirect validation activities including:* Conceptual soundness assessment* Independent code replication and performance testing* Data quality, completeness, and reconciliation testing* Benchmarking and challenger analysis* Back testing and stability analysis* Review of overlays and expert judgment adjustmentsProvide clear, risk focused approval recommendations grounded in quantitative evidence and independent analysis.Engage directly with model developers and business partners to provide technically rigorous challenge while maintaining a constructive working relationship.Drive improvements in validation practices, including automation, reproducibility, and data testing frameworks.Lead regulatory and audit interactions for the commercial portfolio, ensuring validation documentation reflects analytical depth and defensible conclusions.Develop and mentor a technically strong validation team, setting high standards for analytical quality and intellectual discipline.## **Scope of Responsibilities:**Serve as the technical domain lead for commercial credit and capital model validation.Balance day to day execution oversight with deep technical engagement in complex validations.Partner with Credit Risk, Finance, and Treasury stakeholders to ensure model risks are clearly articulated and appropriately mitigated.Contribute to broader enhancements of the Model Risk Management framework, including risk tiering, peer review, and reporting improvements.## **Supervisory/Managerial Responsibilities:**Manage a team of quantitative model validators (approximately 5 to 8 professionals), with responsibility for performance management, development, and technical coaching.## **Education & Experience Required:**Master’s or Doctoral degree in a quantitative discipline (including, Statistics, Mathematics, Engineering, Business Management) with 7 years of relevant financial services experience (including model development, model validation, analytics) inclusive of 4 years’ managerial experience or in lieu of degree a combined minimum of 10 years’ higher education and relevant work experience.Demonstrated technical knowledge of advanced software packages used in analytics. (e.g., SAS, QRM, Strategic Analytics, Monte Carlo software).## **Education & Experience Preferred:**Advanced degree in Statistics, Mathematics, Quantitative Finance, Engineering, Economics, or related quantitative discipline strongly preferred. 10+ years of experience in risk model validation and/ or development.Significant experience validating or developing commercial credit risk, stress testing, or CECL models.Demonstrated expertise in:* Wholesale credit modeling* Data quality testing and forensic data analysis* Model performance evaluation and benchmarking* Regulatory expectations under SR 11-7Strong programming proficiency (Python or equivalent) and demonstrated ability to independently replicate and interrogate model code.Ability to communicate complex quantitative issues clearly to both technical and non technical stakeholders.Demonstrated intellectual independence, sound judgment, and commitment to analytical rigor.M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $148,300.00 - $247,100.00 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 AmericaGreat 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. #J-18808-Ljbffr
Hybrid Positionlocations:
Buffalo, NYtime type:
Full timeposted on:
Posted Yesterdayjob requisition id:
R83150# **Overview:**The Senior Validation Manager will lead the independent validation of the Bank’s commercial capital planning, and CECL models. This role is responsible for technical leadership of the commercial CCAR/ CECL validation portfolio and management of a quantitative validation team. This is a hands on technical leadership role. The successful candidate will be expected to engage deeply in model methodology, data integrity, performance analysis, and independent replication. The position requires strong quantitative judgment, intellectual rigor, and the ability to challenge complex modeling frameworks in a clear and disciplined manner. The role reports directly to the Head of Model Risk Management and serves as the domain lead for commercial model validation.## **Position Responsibilities:**Lead and oversee the independent validation of commercial CCAR/ CECL and capital related models, including:* Probability of Default, Loss Given Default, and Exposure at Default frameworks* Stress testing and capital planning models* CECL estimation methodologiesDirect validation activities including:* Conceptual soundness assessment* Independent code replication and performance testing* Data quality, completeness, and reconciliation testing* Benchmarking and challenger analysis* Back testing and stability analysis* Review of overlays and expert judgment adjustmentsProvide clear, risk focused approval recommendations grounded in quantitative evidence and independent analysis.Engage directly with model developers and business partners to provide technically rigorous challenge while maintaining a constructive working relationship.Drive improvements in validation practices, including automation, reproducibility, and data testing frameworks.Lead regulatory and audit interactions for the commercial portfolio, ensuring validation documentation reflects analytical depth and defensible conclusions.Develop and mentor a technically strong validation team, setting high standards for analytical quality and intellectual discipline.## **Scope of Responsibilities:**Serve as the technical domain lead for commercial credit and capital model validation.Balance day to day execution oversight with deep technical engagement in complex validations.Partner with Credit Risk, Finance, and Treasury stakeholders to ensure model risks are clearly articulated and appropriately mitigated.Contribute to broader enhancements of the Model Risk Management framework, including risk tiering, peer review, and reporting improvements.## **Supervisory/Managerial Responsibilities:**Manage a team of quantitative model validators (approximately 5 to 8 professionals), with responsibility for performance management, development, and technical coaching.## **Education & Experience Required:**Master’s or Doctoral degree in a quantitative discipline (including, Statistics, Mathematics, Engineering, Business Management) with 7 years of relevant financial services experience (including model development, model validation, analytics) inclusive of 4 years’ managerial experience or in lieu of degree a combined minimum of 10 years’ higher education and relevant work experience.Demonstrated technical knowledge of advanced software packages used in analytics. (e.g., SAS, QRM, Strategic Analytics, Monte Carlo software).## **Education & Experience Preferred:**Advanced degree in Statistics, Mathematics, Quantitative Finance, Engineering, Economics, or related quantitative discipline strongly preferred. 10+ years of experience in risk model validation and/ or development.Significant experience validating or developing commercial credit risk, stress testing, or CECL models.Demonstrated expertise in:* Wholesale credit modeling* Data quality testing and forensic data analysis* Model performance evaluation and benchmarking* Regulatory expectations under SR 11-7Strong programming proficiency (Python or equivalent) and demonstrated ability to independently replicate and interrogate model code.Ability to communicate complex quantitative issues clearly to both technical and non technical stakeholders.Demonstrated intellectual independence, sound judgment, and commitment to analytical rigor.M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $148,300.00 - $247,100.00 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 AmericaGreat 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. #J-18808-Ljbffr