Senior Model Risk and Governance Lead

AIB; Dublin; Hybrid; EUR 95,000 - 130,000; 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 seeks a senior professional to strengthen second line governance of Model Risk across the end-to-end lifecycle. You will support compliance with internal policies and regulatory requirements while guiding the enhancement of the organisation's Model Risk framework and controls.

Reporting to the Head of Credit Model Risk, this role offers exposure to senior stakeholders, opportunities to drive automation, and a chance to shape governance and decision-making across the group.

Qualifications

• 6+ years' experience in Model Risk, Model Validation, Model Development, Audit or Risk Oversight within a regulated financial services environment.
• Strong knowledge of the regulatory environment governing credit and/or financial risk models.
• Experience designing or enhancing risk frameworks, policies, governance processes or control environments.
• Ability to interpret evolving regulations and provide clear, practical and defensible solutions.
• Excellent written and verbal communication skills; experience preparing committee papers and regulatory documents.
• Strong stakeholder management skills with the ability to influence and challenge constructively.
• Experience developing technology-enabled solutions, workflow improvements or automation initiatives.
• Self-driven and proactive with a focus on simplifying complexity and strengthening controls.
• Preferred third level or post-graduate qualifications in analytics.

Responsibilities

• Provide second line governance, oversight and challenge across the end-to-end model lifecycle.
• Embed prudential regulations and industry best practice into Model Risk Management processes.
• Assess cross-model impacts to support informed decision-making.
• Lead enhancements to the Model Risk Management platform and workflows.
• Drive automation of data quality assessments and management reporting.
• Provide robust challenge to first line model owners and stakeholders on governance and risk management.
• Assess compliance with Model Risk Policy and engage with stakeholders.
• Represent the Model Risk function at forums and committees with clear risk communication.

Skills

Model Risk

Model Validation

Model Development

Audit

Risk Oversight

Stakeholder Management

Regulatory Knowledge

Automation

Education

Analytical degree

Post-graduate qualification (stat/ actuarial/ financial maths/ econometrics)

Job description

AIB seeks a senior professional to strengthen second line governance of Model Risk across the end-to-end lifecycle. You will support compliance with internal policies and regulatory requirements while guiding the enhancement of the organisation's Model Risk framework and controls.

Reporting to the Head of Credit Model Risk, this role offers exposure to senior stakeholders, opportunities to drive automation, and a chance to shape governance and decision-making across the group.