Credit Model Validator - Quantitative Analyst (Hybrid)

Allied Irish Banks; Dublin; Hybrid; EUR 55,000 - 75,000; Full time

Job summary

Allied Irish Banks is seeking an analytical professional to join the Credit Model Validation team in Dublin. The role focuses on independent challenge of Pillar 1 and IFRS9 ECL models, with exposure to regulatory guidelines and economic capital methodologies.

The successful candidate will use statistics and data analytics to review models, deliver validation activities, and collaborate with risk teams to enhance model robustness and compliance.

Qualifications

• Relevant third level qualification or post-graduate qualification in an analytical discipline, e.g. mathematics, applied mathematics, physics, statistics, engineering, econometrics, actuarial science;
• 1+ years’ experience in a quantitative analytics role (credit risk analytics experience is preferred);
• Knowledge of the regulatory and accounting environment as it applies to credit risk, including at least one of the following - IRB or IFRS9. Experience in the EU implementation of these rules is a distinct advantage;
• Experience in applying statistical tools and techniques in a practical setting to help the bank in ensuring models and data driven decisions are robust and can be relied upon;
• A natural inclination to challenge established ways of thinking and an ability to articulate your opinion;
• Good knowledge and professional experience of analytics languages. SAS is a requirement. SQL is an advantage. Knowledge of R or Python for statistical analysis is also be considered beneficial.

Responsibilities

• You will use statistical techniques and data analytics tools to review and challenge the models being used within the Bank.
• You will assist in providing robust challenge to the model development teams and business areas in the Bank, helping to form an independent opinion of the appropriateness of the models to ensure the models are robust and compliant with regulations and policies.
• Deliver assigned validation activities, per methodology and standards and European Banking Regulatory Guidelines (CRR, EBA Guidelines etc.), while also taking accountability for your work.
• Demonstrate an ability to prioritise tasks in order to meet deadlines.
• Demonstrate an ability to be flexible and adapt in a changing environment, while actively seeking opportunities to learn and grow within the role.

Skills

Statistical analysis

Data analytics

Problem solving

Communication

Education

Bachelor's degree in analytical discipline

Tools

SAS

SQL

R/Python

Job description

Allied Irish Banks is seeking an analytical professional to join the Credit Model Validation team in Dublin. The role focuses on independent challenge of Pillar 1 and IFRS9 ECL models, with exposure to regulatory guidelines and economic capital methodologies.

The successful candidate will use statistics and data analytics to review models, deliver validation activities, and collaborate with risk teams to enhance model robustness and compliance.