Quantitative Manager - Balance Sheet Risk

Date: 11-May-2022

Location: Dublin, IE

Company: Allied Irish Bank

Role Title: Quantitative Manager  - Balance Sheet Risk


Location: Dublin


This role is being offered on a permanent basis.


Are you interested in a 1st line quantitative Role? Do you have quantitative, risk analysis and managerial experience within a bank environment?


Summary of role:

The Balance Sheet Quantitative Analysis team within Group ALM is a critical 1st line function within Finance. The team support AIB Group, UK and Treasury for development and generation of Balance Sheet valuations and sensitivity measurements across assets & liabilities for planning, regulatory reporting and stress testing. This includes direct production of NII sensitivity reporting, cashflow runoffs for liquidity reporting and forecasting of the financial plan in support of the structural hedging programme. The manager works closely with the Balance Sheet reporting and Analytics team to continually improve forecasting and sensitivities processes, embed new requirements as well as involvement in QRM (AIB's balance sheet management core system) continuous delivery agenda. The quantitative team also develop balance sheet forecasting methodologies, including customer rate modelling and behavioural modelling of the customer deposits.

The manager also has direct responsibility for many system specific contributions to the production of the NII components of the regulatory required EBA stress testing. Equivalently the team are also responsible for NII input into ICAAP.


A vacancy now exists at management level within the team.


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 (7+ years) in a quantitative/risk area within a management role. This experience would typically have been gained in a Risk, Risk Reporting, Treasury, Model Development, ALM or Finance area. Experience in retail banking balance sheet risk analysis is desirable.
  • At least Numerical Degree in a relevant discipline (e.g. Maths, Physics, Financial Engineering, Quantitative Finance) with a professional qualification such as FRM/CFA/ALMA or similar desirable.
  • Experience in financial risk, balance sheet modelling and forecasting, model development, model support and Data Analysis/SQL/SAS. Ideally experience in a balance Sheet management system (e.g. QRM or others). Other programming languages such as R/Python desirable.
  • Ability to work to deadlines and manage workload efficiently.
  • 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 Tim from the Talent Acquisition Team can help. You can contact them on by email careers@aib.ie.


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