Quantitative Manager, Financial Risk, Dublin

Date: 24-Nov-2021

Location: Dublin, IE

Company: Allied Irish Bank

Role Title: Quantitative Manager, Financial Risk


Location: Dublin (Currently Remote, with Hybrid working to commence early 2022)


This role is being offered on a permanent basis.


  • Are you interested in a 1st line quantitative Role?
  • Do you have financial risk, quantitative and managerial experience?


Summary of role:

Financial Risk Quantitative Analysis and Business as Usual team is a 1st line function within the AIB Finance area. The team provide support for all aspects of valuations and sensitivity measurements associated with products on AIB's core risk system Calypso, and other balance sheet products off Calypso. The team works closely with the Calypso development area to continually improve measurements, support Collateral/Clearing management & accounting processes, rates management & rates curve building requirements, and involvement in the Calypso continuous deliver agenda. The team is responsible for production of ICAAAP and EBA market risk stresses and regular engagement with 2nd line functions around validations and other internal policy requirements. New 2022 responsibilities in the regulatory space include management of SACCR and FRTB calculation & reporting, associated monitoring exercises, and support of Un-cleared Margin Rules Initial Margin requirements. The team also work closely with the balance sheet quantitative team in the area of liability/asset behavioural analysis and retail rate modelling.


We’re looking for someone who:

  • Has experience in managing a team of analysts and interacting with both junior and senior staff across areas such as finance, risk and treasury.
  • Strong analytical and problem solving skills, with the ability to organise and prioritise multiple tasks.
  • Committed team player with very good communication, interpersonal and staff management skills.
  • Confident, proactive, dependable and organised, with a focused attitude towards work.
  • Strong analytical skills, risk management knowledge and expertise.
  • Ability to stay composed and resilient under pressure.


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. We’re made of small teams where you have the chance to shine.


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 customers and employees expect of a bank.


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


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

  • Experience (6+ years) in a quantitative area, ideally within the financial risk area and in a management role. This experience would typically have been gained in a Risk, Risk Reporting, Treasury, Model Development or Finance area.
  • At least Numerical Degree in a relevant discipline (e.g. Maths, Physics, Financial Engineering, Quantitative Finance) with a professional qualification such as FRM/CFA or similar desirable.
  • Experience in derivatives products and securities pricing, model development & model support, curve building (e.g. OIS discounting, LIBOR discontinuation etc), XVA measurement and ideally experience in a core banking risk system (e.g. Calypso, Murex, Others).
  • Advanced excel/VBA, other programming languages desirable (R/Python). Data Analysis/SQL/SAS also desirable.
  • Good understanding of European banking regulation/CRR11 articles and their standardised requirements for derivatives & SFTs.
  • Experience in managing & delivering internal policy requirements, representing area at committee level, writing clear and detailed documentation, engagement with senior stakeholders and delivering technical topics in a non-technical way when required.


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 on email careers@aib.ie.


Closing Date: Wednesday 8th December 2021

Job Segment: Risk Management, Financial, Quantitative Analyst, Bank, Banking, Finance, Data