Auditor, Credit Risk Team, Group Internal Audit, Dublin/ Galway

Location/Office Policy:  Molesworth Street, Dublin 2/ Eyre Square, Galway with Hybrid Working (2 days in office)

• Do you want to be a part of a forward-thinking team that strive for strong and effective internal controls?
• Are you detail-oriented with the ability to organise and manage priorities as needed?
• Are you stakeholder focussed with an interest in identifying areas of risk to the business?

What is the Role:

The Group Internal Audit (GIA) Function is an independent, third line of defence function with primary responsibility to the Group's Board of Directors through the Board Audit Committee. GIA assists the Board of Directors in carrying out its corporate governance responsibilities by providing an independent view on the key risks facing the Group, and on the adequacy and effectiveness of the system of governance, risk management and internal control in managing these risks.

The role is positioned within the GIA Credit Team where we undertake reasonable and independent assurance on the management of Credit Risk and its associated control environment, across the First and Second Lines of Defence. GIA are seeking an ambitious professional with a credit background to join the Credit Team to assist in the preparation and delivery of the risk-based audit plan. The role will involve supporting the Team Leader/Head of Audit on credit audits from beginning to end, involved in defining the audit scope, test strategy, execution of testing, reporting and providing independent assurance over the Bank’s operation and effectiveness of internal controls. Additionally, the role will focus on assessing the implementation of agreed actions with the business areas and stakeholders.

We’re looking for someone who can:

• Assist in the preparation of risk-based credit audit plans and programmes of work to support the delivery of an audit opinion to the board.
• Assist and support in the execution of audits from beginning to end including definition of audit scope, test strategy, execution of testing, summary of issues and final report.
• Assist in the management of the resolution of agreed exceptions with the business areas and stakeholders within agreed timeframes.
• Review and interpret processed data to identify trends and investigate exceptional items.
• Actively develop and maintain positive working relationships with management within the business to enhance the effectiveness and reputation of GIA.
• Engage with the various stakeholders in the end-to-end audit process.
• Maintain a comprehensive knowledge of GIA's audit methodology standards, processes and AIB organisational structures.

What You Will Bring :

1. A third level qualification in related subject preferably audit, accountancy, risk, or compliance
2. 2+ years experience working in credit management/ risk management or audit in a large consultancy firm, ideally within financial services
3. An understanding of the components of credit applications and the associated key credit management judgements over the credit lifecycle (both origination and credit management). Examples can include (but not limited to): front line credit lending, second line challenge, first- and second-line assurance.
4. Knowledge of the impacts of credit management actions on key credit risk data, expected credit losses (ECL), Significant Increase in Credit Risk (SICR), modelled outputs and capital requirements.
5. Knowledge of risk management methodologies and frameworks, in particular Credit Risk and the regulatory environment in which financial services / banking operates.
6. Have good communication skills.
7. Detail focussed and ability to manage and organise priorities.
8. Be a self-starter who can either work independently or as part of a team.
9. Ability to work to deadlines and remain calm under pressure.

 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

Please click here for further information about AIB’s PACT – Our Commitment to You.

Key Capabilities

Behavioural Capabilities

1. Instils Trust
2. Ensures Accountability
3. Collaborates

Technical Capabilities

4. Legal Regulatory & Compliance
5. Credit Risk 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, Noelle Ryan , at careers@aib.ie  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 careers@aib.ie

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.  

Application deadline: 16th April 2025 (just before midnight)