Public Finance Waterfall Modeling Team Lead - Global Capital Markets Quantitative Risk Analyst Job at M&T Bank, Wilmington, DE

  • M&T Bank
  • Wilmington, DE

Job Description

Overview:The Public Finance Waterfall Modeling Team Lead will establish and lead a centralized modeling function responsible for translating complex transaction-specific waterfall provisions into standardized, controlled, and operationally-ready templates. This role will serve as the subject matter expert for document interpretation, financial modeling, quality control standards, and workflow governance across Public Finance transactions.The individual will build the team's methodology, establish model standards, oversee quality assurance processes, and ensure all approved models are accurate, traceable, and compliant with operational and risk requirements. The role will work closely with Relationship Managers, Transaction Administration teams, Product, Legal, and Risk partners.This position combines deep Public Finance expertise, advanced financial modeling capabilities, operational leadership, and control discipline.Primary Responsibilities:Waterfall Modeling & Document InterpretationAnalyze transaction governing documents including trust indentures, resolutions, loan agreements, and related legal documentation.Interpret waterfall provisions, payment priorities, formulas, triggers, conditional transfers, residual distributions, and replenishment mechanics.Design, build, and approve standardized waterfall templates and models.Ensure all calculations and model outputs are fully traceable to governing source documents.Team Leadership & Capability DevelopmentEstablish standards, processes, methodologies, and governance frameworks for the centralized Waterfall Modeling function.Build and manage a library of standardized template components and modeling tools.Provide coaching, training, and oversight to model analysts.Develop operating procedures and performance metrics.Quality Control & Risk ManagementImplement rigorous quality assurance and independent review processes.Establish model validation, scenario testing, and release controls.Ensure compliance with internal risk management, End User Computing, and records management standards.Escalate document ambiguities and interpretation issues through appropriate Product and Legal channels.Operational ExcellenceManage intake, prioritization, workflow, and service delivery processes.Develop complexity tiering and approval frameworks.Monitor quality, turnaround times, utilization, and operational effectiveness.Drive continuous improvement initiatives and standardization efforts.Cross-Functional PartnershipPartner with Relationship Managers, Operations, Product, Legal, and Risk stakeholders.Conduct model handoff sessions and user education.Provide subject matter expertise for new transaction structures and complex deals.Education and Experience Required:Bachelor’s degree,OR in lieu of degree,A combined minimum of 11 years higher education and/or work experience to include a minimum of 7 years relevant experience.-OR-Master’s degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline, with minimum of 5 years relevant experience or in lieu of degree, a combined minimum of 11 years higher education and/or work experience to include a minimum of 5 years relevant experience.Minimum of 7 years relevant experienceBanking or Financial Services experienceExperience with SAS, SAS Enterprise Miner and other Statistical Software Packages.Advanced Knowledge of SQL and Microsoft Office. Ability to utilize analytics in a collaborative manner across business functions and product lines to derive optimum solutions.Demonstrated ability to communicate complex concepts.Demonstrated ability to manipulate and analyze data across large databases.Education and Experience Preferred:Public Finance ExpertiseDeep understanding of municipal/public finance transactionsAbility to interpret trust indentures, bond resolutions, loan agreements, and related governing documentsKnowledge of payment priorities, fund flows, reserve requirements, debt service structures, and waterfall provisionsStrong understanding of transaction administration and operational controlsFinancial Modeling & AnalyticsAdvanced Excel modeling skillsAbility to design, build, validate, and maintain complex financial waterfall modelsExperience with formula-driven calculations, conditional logic, triggers, shortfalls, allocations, and scenario testingStrong attention to mathematical accuracy and model integrity Risk & ControlsExperience establishing quality assurance and quality control frameworksStrong understanding of model governance, version control, auditability, and operational riskAbility to create standardized processes and controlsExperience performing independent reviews and validation testingLeadership & Process DesignAbility to build and lead a new capability from inceptionDevelop methodologies, standards, procedures, playbooks, and training materialsEstablish intake, workflow, prioritization, governance, and escalation frameworksDrive continuous improvement and operational efficiencyStakeholder ManagementPartner with Relationship Managers, Transaction Administration teams, Product, Operations, Risk, and Legal stakeholdersNavigate ambiguity and resolve complex document interpretation issuesStrong communication skills with ability to explain complex modeling concepts to non-technical audiences#LI-RS1M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $136,000.00 - $226,600.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.Location:Wilmington, Delaware, United States of AmericaSummaryLocation: Wilmington, DEType: Full time

Job Tags

Full time, Work experience placement, Work at office

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