IRB Model Manager

September 12, 2024

Bank of Ireland

FULL TIME

What is the opportunity?

We are looking for a driven and enthusiastic individual to join the IRB Modelling team to lead the development/remediation, management and maintenance of IRB models.
This role offers the chance manage a team of modelling specialists in an exciting and fast paced environment!

In this role, you will:

Develop and execute advanced model maintenance processes;
Lead specific model development/remediation projects and regular model monitoring and model performance reviews;
Ensure output compliance with internal and Regulatory requirements;
Engage effectively with key stakeholders (e.g. Business Model Owners, Model Validation teams, Model Risk teams etc);
Support internal model governance processes; and support preparation for engagement with Regulators.

What will make you stand out?

We are seeking someone with Credit Risk/IRB Modelling expertise and a good understanding of SAS or a similar programming language.
With previous experience leading small teams you will be a strong communicator with excellent influencing skills.
Finally you will have knowledge of IRB model regulation and guidelines alongside practical experience of data risk management.
Previous experience on Credit Risk/Basel/Predictive Modelling would be advantageous.

Essential Qualifications

There are no specific qualifications or minimum educational requirements needed for this role.

More about the team

IRB and Credit Risk Models is the analytical centre of excellence within Group Risk. Our responsibilities include:

Developing all of the Group's credit risk models, both for use in operational decision-making and for IRB regulatory capital calculation and IFRS9 impairment calculation
Increasing the use of credit risk models to automate decision-making and move away from manual processes
Maintaining and monitoring these models, and generating appropriate insight

This job is open to those based in both ROI or UK with the primary office location as Dublin or Bristol to which travel will be required for in person collaboration. Exact frequency to be agreed.
#li-hybrid #ij-hybrid

Why work with us?

The Bank of Ireland prioritises work-life balance with an opportunity for flexible working, along with 23 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid mat leave, an innovative fertility and surrogacy policy and working parent supports.
Your wellbeing is important to us; we have an employee assistance program, Web Doctor and financial wellbeing coaches available. We also encourage and support staff to pursue educational and professional qualifications to grow and enhance your career!

Key Competencies

Accountable - People Manager
Agile - People Manager
Amplify Capability - People Manager
Manage Risk - People Manager
One Group, one team - People Manager

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.
We're on a continuous journey to build an inclusive and diverse workplace. We welcome applications from people of all backgrounds, lived experience, abilities and perspectives. We provide reasonable accommodations at every stage of our recruitment process for disabilities, neurodivergence or medical conditions. If you require an accommodation please complete this form and one of our recruitment team members will be in touch via email. Any information provided will be treated as confidential within the recruitment team and used only for the purpose of determining and providing appropriate accommodations for the application and recruitment process.

We regret to inform you that this job opportunity is no longer available