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

Allied Irish Banks; Dublin; Hybrid; EUR 90,000 - 120,000; Full time

Benefits offered by this job

Variable Pay

Employee Assistance Programme

Family leave options

Job summary

AIB (Allied Irish Banks) is seeking a Senior Quantitative Risk Analyst to join the IRB Model Development Team in Dublin. You will develop risk models, perform data analyses and mentor junior analysts in a second-line risk function.

The role involves predictive modelling for regulatory and business decisions, data extraction and communication with stakeholders. Hybrid work arrangement applies.

Qualifications

• 3+ years in model monitoring, development or validation (IRB/IFRS 9 or related).
• Bachelor level in mathematics, statistics, physics, econometrics or engineering.
• Strong data handling and programming capability; ability to produce technical documents.

Responsibilities

• Lead analyses and guide junior analysts on complex data modelling tasks.
• Develop predictive models for automated decisioning, capital requirements and loss forecasts.
• Perform data insights and generate actionable recommendations.
• Create risk segmentation models to better understand lending risks.
• Mentor juniors and review their work; ensure compliance with standards.
• Access and utilise bank data within policy frameworks.

Skills

Problem solving

Organised

Proactive

Team player

Stakeholder communication

Curiosity

Inventiveness

Strong analytical thinking

Education

Bachelor's degree in quantitative discipline

Tools

SAS

SQL

R

Python

Matlab

Job description

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At AIB, our values guide how we work and how we support each other. We're looking for someone who putsCustomer First, takes initiative andOwns the Outcome, and is always looking for ways toEliminate Complexity. You'll treat colleagues and customers with fairness andShow Respect, and you'll thrive in a culture built on collaboration where weBe One Teamto 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.

InRisk Analytics, we developand 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 our role, the needs of our customers and business requirements.

Some of our benefits include;

• Variable Pay
• Employee Assistance Programme
• Family leave options

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
• Develops & Empowers
• Data Analysis

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, Nicole Pasquetti, at [e-mail] for a conversation.

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]

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.