Summary of role:

Enterprise Risk Management (ERM) is recruiting for a talented analyst to help support the Model Risk team in ERM in delivering on a growing agenda. The successful candidate will join a dynamic team that in a measurable way can contribute significantly to the achievement of ERM and Group Risk’s agenda.

Model Risk is one of AIB’s material risks. Our RAS statement defines our appetite and approach to managing Model Risk. The Model Risk team is responsible for Model Risk Governance and Model Oversight.

The successful candidate will be required to contribute to the following tasks:

• Ensuring there is a robust Model Risk Management Framework in place;
• Ensuring policies and standards are adopted across the group;
• Ensuring models comply with regulatory requirements;
• Endorsing Model Risk policies;
• Managing model risk within the bank’s risk appetite.

We’re looking for someone who will:

• Take a lead role in the development of MI which proactively supports management of model risk.
• Develop insight that solves problems and identify opportunities to minimise model risk.
• Nurture good relationships with stakeholders across the business and support the group in its goal of minimising model risk.
• Be comfortable challenging stakeholders and senior personnel.
• Communicate clearly results and recommendations to technical and non-technical audiences.
• Be a strong team player with the proven ability to work with others to accomplish common objectives.
• Be self-driven and seek to improve processes and solve problems under their own direction.

• Have 5 years’ experience in a credit/financial/model risk role and a good knowledge of the regulatory environment as it applies to these areas.
• Be capable of building strong relationships with team members and key stakeholders. Have strong influencing skills and be comfortable engaging with senior stakeholders.
• Regularly review the model risk universe and regulatory and legal obligations to which the Bank is exposed to determine Model Risk.
• Identify model risk issues and support remediation.
• Excellent written and verbal communication skills and ability to automate processes to create efficiencies.