IRB Model Development Manager, Level 4, Dublin

<p><span><span><span><b><span>Role: </span></b><b><span><span>IRB Model Development Manager</span></span></b></span></span></span></p> <p> </p> <p><span><span><span><span><b><span>Location:</span></b><span> Molesworth Street, Dublin 2 (Hybrid)</span></span></span></span></span></p> <p> </p> <p><span><span><span><span><span>This role is being offered on a permanent, full-time basis.</span></span></span></span></span></p> <p> </p> <ul> <li><span><span><span><span><span>Do you have at least 5 years’ experience encompassing model development/validation and decision support model relates roles and a bachelor’s degree in a quantitative analytical discipline (2.1 or higher)?</span></span></span></span></span></li> <li><span><span><span><span><span>Do you have an advanced level of SAS or SQL programming?</span></span></span></span></span></li> <li><span><span><span><span><span>Are you experienced in training and managing the day to day tasks of junior team members and also have a strong ability to build relationships and communicate with key stakeholders?</span></span></span></span></span></li> </ul> <p><span><span><span><span> </span></span></span></span></p> <p><span><span><span><span><b><span>About the Role:</span></b></span></span></span></span></p> <p><span><span><span><span><span>This role is in the IRB (Internal Rating Based Approach) Model Development Team. We are responsible for the design and delivery of predictive credit risk measurement models relating to the Bank’s Pillar 1 capital PD, LGD and EAD models. These models are used to determine the level of risk associated with individual borrowers and drive the determination of the Bank’s regulatory capital requirements. The team is currently undertaking a multi-year redevelopment of all IRB models followed by the rollout of new IRB models, which represents a key strategic objective for the bank. </span></span></span></span></span></p> <p> </p> <p><span><span><span><span><span>The role involves working closely with our colleagues across the Business, Credit Risk and the Chief Data Office. The IRB Model Development Team is part of Risk Analytics, operating within the wider Risk function in AIB.</span></span></span></span></span></p> <p><span><span><span><span> </span></span></span></span></p> <p><span><span><span><span><b><span>What is Risk Analytics?</span></b></span></span></span></span></p> <p><span><span><span><span> </span></span></span></span></p> <p><span><span><span><span><span>Risk Analytics are a group of professional quantitative analysts, who provide quantitative risk &amp; financial analysis and analytical expertise to business partners to help understand underlying risks in Credit portfolios. This covers a wide range of asset classes between Retail &amp; Non-Retail borrowers, from the smallest personal customer to the largest international banks &amp; governments. </span></span></span></span></span></p> <p> </p> <p><span><span><span><span><span>As an advanced analytics team, Risk Analytics are passionate about driving insight and value from data. The team works across a spectrum of activities including data mining, visual analytics, time series modelling, regression modelling, machine learning, and pattern recognition. We value innovation and creativity, and this role presents a great opportunity for any analyst who has the capability to approach a business problem in an innovative way, identify and build a great solution, and communicate the outputs of that work across the business.</span></span></span></span></span></p> <p> </p> <p><span><span><span><b>Key Responsibilities of this Role Include:</b></span></span></span></p> <p> </p> <ul> <li><span><span><span><span><span><b><span>Predictive Model Development</span></b><span>: Take a leading role in building predictive models that are focussed on impacting core business elements, such as automated decisions, capital requirements and loss expectations.</span></span></span></span></span></span></li> <li><span><span><span><span><span><b><span>Leadership</span></b><span>: Manage a team of quantitative analysts, coaching them in the development of technical skills as well as demonstration of core behavioural competencies.</span></span></span></span></span></span></li> <li><span><span><span><span><span><b><span>Analysis &amp; Investigation</span></b><span>: Undertake and guide junior quantitative analysts in various complex data analyses, investigations and/or modelling of business issues to improve the management, services, and products of the bank.</span></span></span></span></span></span></li> <li><span><span><span><span><span><b><span>Digital Protection</span></b><span>: Access/utilise bank data within the policies and frameworks required by AIB.</span></span></span></span></span></span></li> <li><span><span><span><span><span><b><span>Expert Advice</span></b><span>: Provide specialist advice to the business, with an emphasis on the impact and application of risk management requirements.</span></