Senior Quantitative Risk Analyst, Risk Analytics, Dublin/Belfast/London/Northampton.

AIB; Dublin; Hybrid; EUR 85,000 - 120,000; 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 in Ireland is seeking a Senior Quantitative Risk Analyst to join the IRB Model Development Team. You will lead model development and risk analytics work, shaping capital models and decision tools for regulatory and internal use.

The role emphasizes collaboration with risk, finance and compliance functions in a hybrid Dublin-based setup. Strong technical skills in SAS/SQL and data manipulation are essential, plus ability to mentor junior analysts and communicate complex results to

Qualifications

• 3+ years in a model monitoring, development or validation role (IRB/IFRS9 etc.).
• Bachelor's degree in quantitative field (2.1+).
• Advanced SAS/SQL (or equivalent: R/Python/Matlab) and data wrangling.
• Experience writing technical/regulatory documents and engaging with regulators.

Responsibilities

• Lead model development and related risk analytics to support regulatory/internal capital requirements.
• Develop predictive models for automated decisioning and loss forecasting.
• Guide junior analysts in data analyses and modelling work.
• Create segmentations to understand lending risks and mitigation options.
• Mentor teammates and review junior work for quality and accuracy.
• Work within risk governance and data access policies.

Skills

Model development

Data analysis

SAS/SQL

Regulatory engagement

Stakeholder comms

Problem solving

Education

Bachelor's degree in quantitative field

Tools

SAS

SQL

Python

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, Belfast, London, Northampton – Hybrid (3 days in office, 2 days remote).

• Are you a problem solver, organised, proactive, pragmatic and an excellent team player?
• Are you seeking an opportunity to develop and grow your professional value in a dynamic Model Development Team?

What Is The Role

This role is positioned within the IRB Model Development Team 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.

Key Accountabilities

• Analysis & investigation: Undertake and guide junior analysts in various complex data analyses, investigations and/or modelling of business issues to improve the management, services, and products of the bank.
• Predictive model development: Take a leading role in building predictive models that are focussed on core business elements, such as automated decisioning, capital requirements and loss expectations.
• Data insights: Perform and guide junior analysts in exploratory and ad‑hoc data analysis with a view to generating insights and using this to deliver actionable recommendations to the Business.
• 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 analysts. Also, there will be responsibility for reviewing work carried out by junior team members.
• Digital protection: Access / utilise bank data within the policies and frameworks required by AIB.

What You Will Bring

• Minimum 3 years’ experience in a model monitoring, model development 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 consider (e.g., R, Python, Matlab). Advanced experience in extracting, transforming, and cleaning data for modelling purposes.
• Experience writing technical documents that meet internal and regulatory standards. Experience in engagement with regulatory or audit bodies;
• Strong ability to build relationships and communicate with key stakeholders, Curiosity, and inventiveness.
• 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

Selection Process

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

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 [e-mail].

Application deadline : 1st September