Senior Quantitative Risk Analyst

3 weeks ago


Belfast, Ireland AIB NI Full time
Location/Office Policy: Dublin, London, Belfast, Northampton (Hybrid: 2 days a week in the office, moving to 3 days in office from Jan 2026) What is the Role: This role is positioned within the UK Stress Testing Team in Risk Analytics.

In Risk 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 that monitors, 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 main objective is 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.

This role is in the Stress Testing, ECAP & Climate Team in Risk Analytics.

The Stress Testing & Economic Capital team within Risk Analytics is responsible for assessing the impact of credit risk on the bank's balance sheet under a range of macroeconomic forecasts to support the ICAAP.

Credit Risk is a key risk for AIB, and its forward-looking models play a critical role in a range of strategic initiatives in the bank.

Key accountabilities.

Analysis & investigation: Investigate and quantify the impacts of transition risk on the credit portfolio using statistical & financial analysis.

Also, integrate these risks into the credit risk ICAAP assessment.

Predictive model development: Take a leading role in building forecasting models to assess and stress the impact of Climate risk on credit portfolios.

Also, support the wider ST & ECAP team in the execution of stress testing for ICAAP.

Data insights: Perform exploratory & ad hoc analysis & coach junior quantitative analysts in their work with a view to informing front-line users in managing their exposures.

Expert advice: Provide informed and expert advice to the business with an emphasis on the impact and application of risk model outputs.

Leadership: Mentoring and guidance for junior data scientists, including review of work carried out by more junior team members.

Digital protection: Access / utilise bank data within the policies and frameworks required by AIB.

What you Will Bring.

3 years' experience in a quantitative financial or risk modelling role.

Examples include financial modelling, pricing, loss forecasting, stress testing or economic capital modelling, IRB, IFRS 9, propensity modelling, or some combination thereof.

A bachelor's degree in a quantitative analytical discipline (2.1 or higher), e.g.

econometrics, quantitative finance, mathematics, physics, statistics, engineering.

CFA/FRM or equivalent will be considered an advantage.

Ideally have a solid working knowledge of SAS or SQL programming for financial analysis & modelling - an equivalent level in an alternate programming language would be consider (e.g.

R, Python, Mat Lab).

A strong track record of delivery and experience writing technical documents that meet internal and regulatory standards.

Experience in engagement with internal and external stakeholders in both front line and review/audit.

Strong ability to build relationships and communicate complex outcomes to technical & business stakeholders in a plain, simple way.

Experience training and managing the day-to-day tasks of junior team members.

Curiosity and inventiveness.

Good problem-solving skills with the ability to challenge their own outcomes.

Understand, explain and defend decisions & outcomes from challenge technically and from a business point of view.

Why Work for AIB 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; Market leading Pension Scheme Healthcare Scheme Variable Pay Employee Assistance Programme Family leave options Two volunteer days per year Please click here for further information about AIB's PACT - Our Commitment to You.

Key Capabilities Ensures Accountability Collaborates Develops & Empowers Data Analysis Risk Modelling & Scenario Analysis Statistical Modelling Aisling Fitzpatrick, at for a conversation.

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.

Disclaimer: Unsolicited CV's sent to AIB by Recruitment Agencies will not be accepted for this position.

AIB operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our recruitment partners.

Application deadline: September 1st 2025 To be considered for this role you will be redirected to and must complete the application process on our careers page.

To start the process click the Apply button below to Login/Register.

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