Quantitative Risk Analyst, Dublin

Role: Quantitative Risk Analyst

This role is being offered on a permanent, full-time basis.

• Do you have strong professional data analysis experience?
• Are you interested in working with the IFRS9 ECL Analytics team on developing and maintaining our analytical models?
• Do you have 2 or more years of experience with SAS or SQL programming?

About the Role:

Risk Analytics operates within the wider Risk function in AIB, and provides advanced statistical analysis to help inform the Bank in risk-based decision making, and ensuring that the Bank operates in accordance with European banking regulations. This covers a wide range of asset classes, such as International Corporate, Retail, Commercial Real Estate, SME, Sovereign and inter-bank lending.

Credit risk is a dynamic, ever-evolving field and working for Risk Analytics will place you at the vanguard of quantitative risk analysis, regularly implementing the latest published methodologies and creating bespoke in-house solutions to challenging problems, as part of an experienced team where you will receive support and training to help you reach your potential.

As an analyst working in Risk Analytics for a pillar bank in Ireland, your work will make a tangible impact on the stability and performance of AIB and the wider financial system.

This role is particularly suitable for someone who has strong professional data analysis experience, has achieved a Distinction in an analytical Master’s programme and is interested in pursuing a model development career working in financial services. Previous professional model development experience is not a requirement for the role. The successful candidate will be committed to excellence, passionate about data science and will have an appetite for learning.

Key Responsibilities Include:

• Working in the Risk Analytics department with the IFRS9 ECL Analytics team on developing and maintaining our analytical models and our library of procedures related to the estimation of Expected Credit Loss that directly feeds into financial reporting.
• Deriving insights from model outputs to deliver on AIB's strategic priorities.
• Engaging with the customer facing Business to understand how our models can enhance their decision making.
• Supporting model inspections and model-related requests from internal and external review bodies.

What you will bring:

• Show problem solving skills with capability to defend your decisions from challenge.
• 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.).
• 2 or more years of experience with SAS or SQL programming – experience in an alternative programming language would be considered (e.g., R, Python, Matlab).
• Curiosity and inventiveness.
• Candidates must be fully authorised to work in Ireland. Any questions you have relating to CSEP can be discussed at interview.

Life at AIB

At AIB, we have a clear purpose - Empowering people to build a sustainable future. We want to be at the heart of our customers’ financial lives by giving them an exceptional experience. That goes for our employees too.  We are building a culture that breaks the conventions of what our customer and employees expect of a bank.

We are committed to offering our colleagues choice and flexibility in how we work and live.  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.  More details on our hybrid working arrangements and expected office attendance for your role will be provided to you during the recruitment process.

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 celebrate diversity and believe in a culture of inclusion where all our employees can succeed. We welcome applications from people of diverse backgrounds and abilities. 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 careers@aib.ie.

If you feel you have what it takes, click apply and fill in the online application form. If you would like more information please contact the Talent Acquisition Team at careers@aib.ie

By when?  Closing date is Thursday 18th July 2024.

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.