Junior Quantitative Risk Analyst

AIB Group; Dublin; Hybrid; EUR 52,000 - 76,000; Full time

Benefits offered by this job

Market leading Pension Scheme

Healthcare Scheme

Variable Pay

Employee Assistance Programme

Family leave options

Two volunteer days per year

Job summary

AIB Group in Dublin is seeking a quantitative analyst graduate to develop and validate credit risk models within IFRS 9 and IRB frameworks. The role focuses on data-driven insights, scenario analysis and model calibration.

Hybrid work arrangement with three days in the office and opportunities to work across locations including Belfast, London, and Northampton. Due to graduate in 2026, you will join a program that supports career development and collaboration with risk and control functions.

Qualifications

• On track for a 2.1+ in a quantitative discipline (e.g., mathematics, statistics, engineering).
• Experience with SQL programming; knowledge of R, Python or MATLAB is beneficial.
• Due to graduate in 2026; strong problem solving and curiosity.

Responsibilities

• Develop behavioural, portfolio and predictive models aligned with IFRS 9, IRB and stress testing standards.
• Deliver point-in-time loss provisioning analysis and long-term through-the-cycle economic capital analysis.
• Produce macroeconomic scenario forecasting, stress testing and long-term studies on Climate Change impacts on credit risk and sustainability.
• Estimate risk-based loan pricing.
• Perform segmentation, risk segmentation and model calibration activities.
• Contribute to the definition and maintenance of modelling standards and methodologies.
• Extract, transform, cleanse and analyse data, including complex, exploratory and ad-hoc analysis to generate business insights and recommendations.

Skills

SQL programming

Problem solving

Curiosity

Education

Bachelor's/Master's in quantitative discipline

Tools

R

Python

MATLAB

Job description

Job Description

At AIB, our values guide how we work and how we support each other. We're looking for someone who puts Customer First, takes initiative and Owns the Outcome, and is always looking for ways to Eliminate Complexity. You'll treat colleagues and customers with fairness and Show Respect, and you'll thrive in a culture built on collaboration where we Be One Team to deliver meaningful impact.

Location/Office Policy: Dublin (Molesworth Street / Central Park), Belfast, Northampton, London. Hybrid (3 days per week in the office)

Are you passionate about driving insight and value from data? Would you like to become a member of professional quantitative analysts with the remit to develop strong credit risk measurement and decision-support throughout every aspect of our businesses and control functions? Are you on track to achieve a 2.1 or higher in a bachelor's degree and/or master's degree in a quantitative analytical discipline? Are you due to graduate in 2026?

Key Accountabilities

• Develop behavioural, portfolio and predictive models aligned with IFRS 9, IRB and stress testing standards, including PD, LGD and EAD.
• Deliver point-in-time loss provisioning analysis and long-term through-the-cycle economic capital analysis.
• Produce macroeconomic scenario forecasting, stress testing and long-term studies on Climate Change impacts on credit risk and sustainability.
• Estimate risk-based loan pricing.
• Perform segmentation, risk segmentation and model calibration activities.
• Contribute to the definition and maintenance of modelling standards and methodologies.
• Extract, transform, cleanse and analyse data, including complex, exploratory and ad-hoc analysis to generate business insights and recommendations.

What You Will Bring

• On track to achieve a 2.1 or higher in a bachelor's degree and/or master's degree in a quantitative analytical discipline e.g. mathematics, applied mathematics, financial mathematics, physics, statistics, engineering, econometrics, actuarial science.
• Have experience with SQL programming - an understanding of alternate programming languages would be beneficial (e.g. R, Python, Matlab).
• Curiosity and inventiveness.
• Can show problem solving skills with capability to defend their decisions from challenge.
• Due to graduate in 2026.

What We Offer

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

Key Capabilities

• Ensures Accountability
• Collaborates
• Eliminates Complexity
• Risk Modelling & Scenario Analysis
• Data Analysis
• Statistical Modelling

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 email the Talent Acquisition team at

Application deadline: 14th September 2026

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