Capital Management Specialist, Dublin

Date: 23-Nov-2022

Location: Dublin, IE

Company: Allied Irish Bank

Role Title: Capital Management Specialist, Group Finance

Location: Hybrid working, which will include a blend of onsite (Dublin) and remote working.

At AIB Finance we are looking for talented, energetic and motivated individuals;

 

  • Do you have a financial or quantitative analytical discipline bachelor’s degree e.g. accounting, business, economics, actuarial, mathematics, applied mathematics, physics, statistics, engineering, econometrics?
  • Would you like to work as part of a team whose ambition is to become a world class Finance function and exceptional at developing talent?

 

Who are we?

 

We’re AIB. A strong Irish bank packed with purpose - to back our customers to achieve their dreams and ambitions. We want to be at the heart of our customers’ financial lives by giving them an exceptional experience. We are building a culture that breaks the conventions of what our customer and employees expect of a bank. Sustainability is a core tenet of our strategy and we are leading the way in climate finance in Ireland and we pledge to DO MORE. 

Why join our team?

We’re made up of small teams where you have the chance to shine. We view inclusion & diversity, wellbeing and ongoing learning & development as key enablers, that help our business to grow and deliver AIB’s strategic and financial objectives. Our values, purpose and standards set the conditions for us to respect the outstanding contribution each person brings and what’s more we have generous pension and leave entitlements.

What you will be doing?

The Capital Management team is a dynamic and fast paced team at the heart of capital forecasting and strategic decision making for the Group, providing key insights to support the delivery of AIB’s Capital planning and management and development of enhanced risk-adjusted performance metrics.

 

A vacancy now exists within the team for the role of a Capital Management Specialist. This is a great opportunity to gain experience on a team that brings together financial expertise (balance sheet management) and data analytics as we utilise statistical techniques and programming to effectively forecast, plan and report on some of the banks key measurements. The role can be tailored to a certain extent to match skillset, experience and interest and is being offered on a permanent basis.

Within Group ALM our aim is to be a key enabler of AIB’s sustainable growth by ensuring our customers and other stakeholders have confidence in us as an institution, with a solid Capital and Liquidity foundation and a reliable product offering, which forms the basis of long term relationships. We seek to achieve this by:-

  • Stress testing: modelling the banks’ balance sheet and capital position under various scenarios, providing analysis to the highest level of management in the bank on the strength of the groups capital and advising on methods of enhancing the banks position
  • Developing and enhancing the Bank’s stress testing capabilities.  Supporting the strategy with management processes e.g. capital allocation
  • Provision of information and analysis enabling the Bank to conclude it is adequately capitalised and Funded
  • Engaging with key stakeholders across the bank to analyse the risk adjusted return on capital and contribute to the sound and fair pricing of the banks product offering
  • Contributing to sound and fair pricing of assets and liabilities through funds transfer pricing and risk adjusted return on capital (RaRoC)
  • Provision of quantitative modelling and management of the technical architecture to support the above activities.

 

Key accountabilities include:

  • Development of enhanced risk-adjusted performance (RAROC) analysis, improving processes working on all levels from business engagement to SQL programming  
  • Support AIB’s capital planning and stress testing, ensuring that accurate and timely forecasts are prepared to facilitate strategic planning
  • Support preparation of the Group ICAAP Report, assessing AIB’s material risks, future capital position, and any requirement for mitigating capital actions
  • Preparation of the monthly Capital Management pack for review by the Capital Management Manager
  • Support initiatives to continually improve processes and enhance efficiency, both within the CMU and beyond.

 

Does this sound like something that you want to be part of?

You will need to show us that you can/have:

  1. A financial or quantitative analytical discipline bachelor’s degree e.g. accounting, business, economics, actuarial, mathematics, applied mathematics, physics, statistics, engineering, econometrics
  2. Knowledge and understanding of financial models and an appreciation of mathematical concepts
  3. Ability to articulate complex concepts/results in simple language. Excellent communication skills, both written and verbal
  4. Information and Data Analysis, programming, SQL
  5. Experience of building and maintaining relationships with internal stakeholders and business partners.

 

If you feel you have what it takes, click apply and fill in the online application form. If you would like more information, Nick from the Talent Acquisition Team can help. Send him an email at Nicholas.X.McKenna@aib.ie

By when?  Closing date is 4th December 2022


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