Senior Risk Data Scientist, Stress Testing and Economic Capital, Dublin

Date: 19-Nov-2022

Location: Dublin, IE

Company: Allied Irish Bank

Role Title: Senior Risk Data Scientist, Stress Testing and Economic Capital

 

Location: Molesworth Street, Dublin

 

This role is being offered on a permanent basis.

 

Who are we?

The Risk Analytics Department is a central function within AIB with the remit to develop strong credit and financial risk measurement and decision-support throughout every aspect of our businesses and control functions. The outputs from Risk Analytics deliver optimal pricing for our customers, quick and convenient credit decisions, a safe lending and borrowing environment, and efficient use of our shareholders’ capital with sustainable returns. In addition, the teams regularly carry out ad-hoc analysis and assessments to support the business and any regulatory considerations of the ongoing appropriateness of the models and their outputs.

 

This role is in the Stress Testing and Economic Capital Team in Risk Analytics. They are responsible for providing credit risk forecasts for use in financial planning,  ICAAP and RAROC. The team also provide analysis to support other strategic initiatives within the bank including for example portfolio sales or climate risk modelling.

 

Summary of role:

As an senior risk analyst working on the team, your projects could include, but are not limited to:

  • Macroeconomic scenario forecasting and stress testing
  • Long-term (“through-the-cycle”) economic capital analysis
  • Long-term studies on the effect of Climate Change on credit risk and sustainability

 

Credit risk is a dynamic, ever-evolving field and working for Risk Analytics will place you at the vanguard of quantitative risk analysis, regularly implementing the latest published methodologies and creating bespoke in-house solutions to challenging problems, as part of an experienced team where you will receive support and training to help you reach your potential.

As an analyst working in Risk Analytics for a pillar bank in Ireland, your work will make a tangible impact on the stability and performance of AIB and the wider financial system.             

 

We’re looking for someone who:

  • 3 years’ experience in a model monitoring, model development or model validation role. Examples include: IRB; IFRS 9; loss forecasting; stress testing or economic capital modelling; propensity modelling; or a combination thereof.
  • A bachelor’s degree in a quantitative analytical discipline (2.1 or higher), e.g. mathematics, applied mathematics, physics, statistics, engineering, econometrics. (Confirmation will be sought if successful for the role.);
  • Have advanced expertise with SA or SQL programming – experience in an alternate programming language would be consider (e.g. R, Python, Matlab);
  • Experience of data analysis, statistical modelling, regression analysis, segmentation analysis is advantageous
  • Curiosity and inventiveness;
  • Can show problem solving skills with capability to defend their decisions from challenge;
  • Candidates must be fully authorised to work in Ireland.

 

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?

 

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 at careers@aib.ie.

 


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