Risk Analyst

3 weeks ago


Belfast, United Kingdom Allied Irish Banks Full time

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Allied Irish Bank
Location: London, Belfast, Northampton (Hybrid)
This role is being offered on a permanent basis.
Are you passionate about driving insight and value from data?
Do you have a bachelor’s degree in a quantitative analytical discipline (e.g. mathematics, applied mathematics, physics, statistics, engineering, econometrics) and 2 or more years experience working with SAS or SQL?
Would you like to become a member of a professional quantitative team with the remit to develop strong credit risk measurement and decision-support throughout every aspect of our businesses and control functions?
Risk Analytics operates within the wider Risk function in AIB, and provides advanced statistical analysis to help inform the Bank in risk-based decision making, and ensuring that the Bank operates in accordance with European banking regulations. This covers a wide range of asset classes, such as International Corporate, Retail, Commercial Real Estate, Project Finance, SME, Sovereign and inter-bank lending.
As an analyst working in Risk Analytics IRB Development, your projects could include, but are not limited to:
Development of behavioural and portfolio models to support business decision making and estimation of credit movements in line with IRB standards and internal development policies. Performing segmentation analysis and calibration of models;
Extracting, transforming, and cleaning the data required for modelling;
Engaging with customer facing Business to understand how our models can support their decision making;
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, your work will make a tangible impact on the stability and performance of AIB and the wider financial system.
Analysis and Investigation: Undertake various complex data analyses, investigations and/or modelling of business issues to improve the management, services and products of the bank.
Digital protection: Access / utilise bank data within the policies and frameworks required by AIB.
Predictive Model Development: Take a role in building predictive models that are focussed on impacting core business elements, such as capital requirements and loss expectations.
Data insights: Perform in exploratory and ad-hoc data analysis with a view to generating insights and using this to deliver actionable recommendations to the Business.
Risk Segmentation Analysis: Creating segmentations that allow us to better understand the risks present in our lending portfolio and what we can do to better manage the risks.
Development of behavioural and portfolio models to support business decision making and estimation of credit movements in line with IFRS9, IRB and stress testing standards and internal development policies. Performing segmentation analysis and calibration of models
Extracting, transforming, and cleaning the data required for modelling
Engaging with customer facing Business to understand how our models can support their decision making
Engaging with regulatory bodies as part of the on-going cycle of regulatory review of our models
A bachelor’s degree in a quantitative analytical discipline (2.2 or more years of experience with SAS or SQL programming – experience in an alternative programming language would be considered (e.g. R, Python, Matlab);
Good problem solving skills with capability to defend their decisions from challenge both on a technical and business front.
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.
Our hybrid working model enables our people to balance their time between working from home and their designated office, subject to their role, the needs of our customers and business requirements. More details on our hybrid working arrangements and expected office attendance for your role will be provided to you during the recruitment process.
AIB is an equal opportunities employer, and we pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard accreditation from the Irish Centre for Diversity. We celebrate diversity and believe in a culture of inclusion where all our employees can succeed. We are committed to providing reasonable accommodations for applicants and employees. Should you have a reasonable accommodation request please email the Talent Acquisition team at careers@aib.ie .
If you feel you have what it takes, click apply and fill in the online application form. If you would like more information please contact the Talent Acquisition Team at careers@aib.AIB operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our recruitment partners.
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