Junior Quantitative Risk Analyst

Posted 3 days 2 hours ago by Allied Irish Banks

Permanent
Full Time
Other
Dublin, Dublin, Ireland
Job Description
Location:

Dublin, Belfast, London, North, IE, IE

Company:

Allied Irish Bank

At AIB, our values guide how we work and how we support each other. We're looking for someone who puts Customer First, takes initiative and Owns the Outcome, and is always looking for ways to Eliminate Complexity. You'll treat colleagues and customers with fairness and Show Respect, and you'll thrive in a culture built on collaboration where we Be One Team to deliver meaningful impact.

Location/Office Policy:

Dublin (Molesworth Street / Central Park), Belfast, Northampton, London. Hybrid (3 days per week in the office)

  • Are you passionate about driving insight and value from data?
  • Would you like to become a member of professional quantitative analysts with the remit to develop strong credit risk measurement and decision-support throughout every aspect of our businesses and control functions?
  • Are you on track to achieve a 2.1 or higher in a bachelor's degree and/or master's degree in a quantitative analytical discipline?
  • Are you due to graduate in 2026?
What is the Role:

This role is positioned within the Risk Analytics Team as aJunior QuantitativeRisk Analyst.

InRisk Analytics, we developand support the deployment of risk models, strategies and decision tools for regulatory capital, internal capital and business decision making.

Risk Analytics is part of the Risk Function, this is an independent, second line of defence function thatmonitors, controls, and supports risk-taking activities across AIB. The purpose of the Risk Function is to provide advice and guidance in relation to risk while providing independent oversight and reporting on AIB's risk profile. The Risk Function's mainobjectiveis to ensure AIB has a robust risk management framework and culture in place to ensure risks are taken within the risk appetite set by the Board, in support of AIB's customer franchise and social responsibility.

Key accountabilities
  • Develop behavioural, portfolio and predictive models aligned with IFRS9, IRB and stress testing standards, including PD, LGD and EAD.
  • Produce macroeconomic scenario forecasting, stress testing and long term studies on Climate Change impacts on credit risk and sustainability.
  • Contribute to the definition and maintenance of modelling standards and methodologies.
  • Extract, transform, cleanse and analyse data, including complex, exploratory and ad hoc analysis to generate business insights and recommendations.
What you will Bring ;
  • On track to achieve a 2.1 or higher in a bachelor's degree and/or master's degree in a quantitative analytical discipline e.g. mathematics, applied mathematics, financial mathematics, physics, statistics, engineering, econometrics, actuarial science.
  • Have experience with SQL programming - an understanding of alternate programming languages would be beneficial (e.g. R, Python, Matlab).
  • Curiosity and inventiveness.
  • Can show problem solving skills with capability to defend their decisions from challenge.
  • Due to graduate in 2026.
What We Offer:

We are committed to offering our colleagues choice and flexibility in how we work and live and 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.

Some of our benefits include;

  • Variable Pay
  • Employee Assistance Programme
  • Family leave options
Key Capabilities
  • Ensures Accountability
  • EliminatesComplexity
  • Data Analysis

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 are committed to providing reasonable accommodations for applicants and employees. Should have reasonable accommodation request please email the Talent Acquisition team