Job Description

Role: Head of Specialised Lending IRB Model Development

Location: UK Based - Belfast, London, Northampton, Manchester

This role is being offered on a permanent basis.

About the Role:

This role is in the IRB (Internal Rating Based Approach) Model Development Team in Risk Analytics They are responsible for the design and delivery of predictive credit risk measurement models relating to the Bank\'s Pillar 1 capital models. These models are used to determine the level of risk associated with individual borrowers, and drive the determination of the Bank\'s regulatory capital requirements. The team is currently undertaking a multi-year redevelopment of all IRB models followed by the rollout of new IRB models, which represents a key strategic objective for the bank. The role involves working closely with our colleagues across the Business, Credit Risk and the Chief Data Office.

The Head of Specialised Lending IRB Model Development (UK based) reports into the Head of IRB Model Development (who is based in Dublin) and is responsible for the re-development of existing and new IRB models for specialised lending under the banks\' IRB rollout plan.

Key Responsibilities Include:

We\'re looking for someone who would be interested in:

• Leading the development of IRB models to support business decision making, risk management and estimation of regulatory capital requirements in line with internal development standards and policies
• Managing teams involved in the development of IRB models, guiding them in the development of technical skills as well as core behavioural competencies;
• Engaging with senior stakeholders across the Business, Finance and Risk to ensure that IRB models can facilitate business needs while meeting regulatory requirements and provide enhancements to the application of risk management within the Bank;
• Engaging with regulatory bodies and internal second and third line of defence assurance teams as part of the on-going cycle of review of our models;
• Leading the development and refinement of standards and methodologies required to deliver these models and ensuring they are embedded within the development team.

What you will bring:

• Predictive model development: Development of predictive models that are focussed on impacting core business elements, such as automated decisions, capital requirements and loss expectations;
• Leadership: Leading teams involved in the development of IRB models for the estimation of the bank\'s regulatory capital requirements, coaching them in the development of technical skills as well as demonstration of core behavioural competencies;
• Digital protection: Access / utilise bank data within the policies and frameworks required by AIB;
• Analysis & investigation: Guiding team leads in various complex data analyses, investigations and/or modelling of business issues to improve the management, services and products of the bank;
• 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;
• Stakeholder engagement: Presenting to senior stakeholders across the Bank on key modelling decisions, outputs and insights using an evidence based approach and robust modelling techniques

Life at AIB

At AIB, we have a clear purpose - to back our customers to achieve their dreams and ambitions. We want to be at the heart of our customers\' financial lives by giving them an exceptional experience. That goes for our employees too.

We are building a culture that breaks the conventions of what our customer and employees expect of a bank.

We are committed to offering our colleagues choice and flexibility in how we work and live. 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 welcome applications from people of diverse backgrounds and abilities. 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 .

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

By when? Closing date is 19th September 2023

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.

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