Head of Non-Retail IRB Model development

Posted 05 August 2022
Salary Negotiable
Job type Permanent
DisciplineRisk & Analytics
Contact NameKym Lawler

Job description

Head of Non-Retail IRB Model development - Dublin

Are you feeling stuck and are looking for a new challenge?

Are you looking for an opportunity to work in a market leading company?

Are you ready to take a leap into a role that will empower you to achieve great things?

Your role:

  • Managing teams involved in the development of IRB models for the estimation of the group's regulatory capital requirements, coaching them in the development of technical skills as well as demonstration of core behavioural competencies.
  • Leading the development and refinement of standards and methodologies required to deliver these models and ensuring they are embedded within the development team.
  • Presenting to senior stakeholders on key modelling decisions, outputs and insights using an evidence-based approach and robust modelling techniques.
  • 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.
  • Working with 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.

If you have the below experience, you're likely to be suitable;

  • 10 years' experience in a model development or model validation role.
  • People management experience
  • Advanced level of SAS or SQL programming - an equivalent level in an alternate programming language would be considered (e.g., R, Python, MATLAB)
  • Advanced understanding of the regulatory requirements relating to the development of IRB models.
  • Experience writing technical documents that meet internal and regulatory standards. Experience in engagement with regulatory or audit bodies.

If this sounds like the job for you, please feel free to reach out to me to discuss it further.