Senior Quantitative Risk Analyst - Decision Analytics & Insights

Allied Irish Bank; City Of London; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

A leading banking institution is seeking a Senior Quantitative Risk Analyst in London. The role involves developing predictive models and providing insights to enhance decision-making processes. Candidates should have at least 3 years of experience in model development and a strong analytical background. The position offers a hybrid working model, competitive benefits, and the opportunity to mentor junior team members.

Benefits

Market leading Pension Scheme

Healthcare Scheme

Variable Pay

Employee Assistance Programme

Family leave options

Two volunteer days per year

Qualifications

• 3 years' experience in model development, monitoring, or validation.
• Advanced proficiency in SAS or SQL, or equivalent language.
• Experience with data visualization tools and regulatory documentation.

Responsibilities

• Mentor junior data scientists and guide complex data analyses.
• Develop predictive models for credit decision-making.
• Perform exploratory data analysis to generate insights.

Skills

Predictive model development

Data analysis

Communication with stakeholders

Problem-solving skills

Education

Bachelor's degree in a quantitative analytical discipline (2.1 or higher)

Tools

SAS

SQL

Power BI

Tableau

Job description

Senior Quantitative Risk Analyst - Decision Analytics and Insights

Location/Office Policy: Dublin, London, Northampton, Belfast (Hybrid - moving to 3 days in office from January 2026)

Summary of role

This role is positioned within the Decision Analytics & Insights Team in Risk Analytics as a Senior Quantitative Risk Analyst. In Risk Analytics, we develop and support the deployment of risk models, strategies and decision tools for regulatory capital, internal capital and business decision making. Risk Analytics is part of the Risk Function, this is an independent, second line of defence function that monitors, controls, and supports risk‑taking activities across AIB. The purpose of the Risk Function is to provide advice and guidance in relation to risk while providing independent oversight and reporting on AIB's risk profile. The Risk Function's main objective is to ensure AIB has a robust risk management framework and culture in place to ensure risks are taken within the risk appetite set by the Board, in support of AIB's customer franchise and social responsibility.

This role is in the Decision Analytics & Insights Team in Risk Analytics. They are responsible for development of predictive models and credit strategies to determine customer risk profiles, which are then used to automate credit decisions for the Bank's customers. The team also provide management information to inform customer engagement strategies and track the performance of credit models to ensure they continue to operate as expected.

The key accountabilities are as follows

• Analysis & Investigation: Undertake and guide junior data scientists in various complex data analyses, investigations and/or modelling of business issues to improve the management, services and products of the bank
• Digital protection: Access / utilise bank data within the policies and frameworks required by AIB
• Predictive model development: Take a leading role in building predictive models that are focussed on impact core business elements, such as automated decisioning, credit grading, capital requirements and loss expectations
• Data insights: Perform and guide junior data scientists in exploratory and ad‑hoc data analysis with a view to generating insights and using this to deliver actionable recommendations to the Business
• Expert advice: Provide specialist advice to the business with an emphasis on the impact and application of risk management requirements
• Risk segmentation analysis: Creating segmentations that allow us to better understand the risks present in our lending portfolio and what we can do to better manage the risks
• Leadership: Mentoring and guidance for junior data scientists. Also there will be responsibility for reviewing work carried out by junior team members

AIB Brand Values

It is a given that the role holder will be a strong role model of the AIB Values: Be One Team | Own the Outcome | Drive Progress | Show Respect | Eliminate Complexity

What you will bring

• 3 years' experience in a model development, model monitoring or model validation role. Examples include: IRB; IFRS 9; loss forecasting; stress testing or economic capital modelling; propensity modelling; or a combination thereof.
• A bachelor's degree in a quantitative analytical discipline (2.1 or higher), e.g. mathematics, applied mathematics, physics, statistics, engineering, econometrics. (Confirmation will be sought if successful for the role.)
• Ideally have advanced level of SAS or SQL programming – an equivalent level in an alternate programming language would be considered (e.g. R, Python, Matlab). Advanced experience in extracting, transforming, and cleaning data for modelling purposes;
• Familiarity with data visualisation tools such as QlikView, Power BI, SAS VA or Tableau;
• Experience writing technical documents that meet internal and regulatory standards. Experience in engagement with regulatory or audit bodies;
• Experience training and managing the day to day tasks of junior team members;
• Strong ability to build relationships and communicate with key stakeholders;
• Curiosity and inventiveness. Good problem solving skills with capability to defend their decisions from challenge both on a technical and business front.

Why work for AIB

We are committed to offering our colleagues choice and flexibility in how we work and live and our hybrid working model enables our people to balance their time between working from home and their designated office, subject to their role, the needs of our customers and business requirements.

Some of our benefits include:

• Market leading Pension Scheme
• Healthcare Scheme
• Variable Pay
• Employee Assistance Programme
• Family leave options
• Two volunteer days per year

Please click here for further information about AIB's PACT – Our Commitment to You.

As part of the selection process

The successful applicant will be expected to demonstrate the AIB Behaviours and ability in the Behavioural and Technical Capabilities reflected below. Please note that the capabilities will only be asked at interview stage.

• Ensures Accountability
• Collaborates
• Develops & Empowers
• Data Analysis
• Risk Modelling & Scenario Analysis
• Statistical Modelling

If you are not sure about your suitability based on any aspects of the role advertised, we encourage you to please contact the recruiter for this role, Sophie at [e-mail] for a conversation.

AIB is an equal opportunities employer

AIB is an equal opportunities employer, and we pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard accreditation from the Irish Centre for Diversity. We are committed to providing reasonable accommodations for applicants and employees. Should you have a reasonable accommodation request please e‑mail the Talent Acquisition team at [e-mail]

Disclaimer

Unsolicited CV's sent to AIB by Recruitment Agencies will not be accepted for this position. AIB operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our recruitment partners.

Application deadline : Monday 15th of December