Financial Risk Model Validation Senior Quantitative Analyst, Dublin

Role: Financial Risk Model Validation Senior Quantitative Analyst

Location: 10 Molesworth Street Dublin 2

This role is being offered on a permanent basis.

• Do you wish to work with mathematical models and software technologies for financial risk management?
• Do you enjoy learning about different types of financial products and risks in the banking industry?

You will be joining the Financial Risk Model Validation Team within the AIB Risk area. The team provide 2nd line review and challenge of financial risk models and quantitative support to financial risk activities.

We’re looking for someone who can:

• Review and challenge mathematical model methodologies and software implementations.
• Identify financial market risk for the banking industry and report to senior management committees.
• Stay up to date with financial products and regulations, model methodologies and software technologies.

Who are we?

We’re AIB. A strong Irish bank packed with purpose - to back our customers to achieve their dreams and ambitions. That goes for our employees too – everything starts with you. We’re made of small teams where you have the chance to shine, so whoever you are, whatever you dream of, we back you.

Why join us?

We are excited about how we have changed our focus. 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.

In AIB, we are currently transitioning to our Hybrid Model and teams who have been working remotely are now returning to the office 2 days per week.  We intend to progress our fuller hybrid working plans in the coming months, where onsite days are focused on purposeful attendance, prioritising time to collaborate, connecting with our teams and wider colleagues.

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

You will need to show us that you have:

• Relevant third-level qualification or postgraduate qualification in an analytical discipline, e.g., chemistry, engineering, mathematics, physics. A postgraduate qualification will be a distinct advantage.
• 3+ years of work experience in the financial industry, with an in-depth knowledge of financial risk models, e.g., derivatives valuation, VaR and xVA models, preferably in a banking environment.
• FRM/PRM qualification will be a distinct advantage.
• Coding experience in Python or R. Knowledge of Calypso, Fincad or QRM will be a distinct advantage.
• Ability to work with different teams across the Organisation and promote an effective risk culture.
• Experience in preparing risk reports and presenting at senior management committees.
• An interest in staying up to date with financial products and regulations, model methodologies and software technologies.

If you feel you have what it takes, click apply and fill in the online application form. If you would like more information the Talent Acquisition Team can help. You can contact them via email careers@aib.ie.

By when?  Closing date is 22nd May 2024