At AIB, our values guide how we work and how we support each other. We’re looking for someone who puts
Customer First
, takes initiative and
Owns the Outcome
, and is always looking for ways to
Eliminate Complexity
. You’ll treat colleagues and customers with fairness and
Show Respect
, and you’ll thrive in a culture built on collaboration where we
Be One Team
to deliver meaningful impact.
Role:
Junior Quantitative Analyst – Credit Model Validation
Location/Office Policy:
Remote Centric Hybrid (3 days per week in office location) – Dublin
<ul>
<li>Are you seeking to start your career in quantitative analytics?</li>
<li>Do you want to be part of a diverse team of quantitative risk analysts?</li>
<li>Are you interested in how data and analytics can help us to build accurate models to back our customers and ensure the success and stability of the Bank?</li>
</ul>
What is the Role?
The Model Validation Team is a growing team in AIB who are responsible for challenging the credit models used within the Bank to ensure they are appropriate. This is an opportunity to work within a diverse team within an area that is core to the Bank’s strategy.
Reporting to the Credit Model Validation management team in the role holder will use statistical techniques and data analytics tools to review and challenge the models being used within the Bank. The risk models in scope are both Pillar 1 and Pillar 2, IFRS9 ECL models, and economic capital and stress test methodologies in AIB Group to meet internal and external (generally regulatory) criteria.
You will work with more senior analysts to deliver projects within the Model Validation function; actively seeking opportunities to learn from other team members and to grow within the role.
Key Accountabilities
<ul>
<li>Use statistical techniques and data analytics tools to review and challenge the models being used within the Bank.</li>
<li>Challenge the modelling teams and business areas in the Bank to ensure the models are robust and compliant with regulations and policies.</li>
<li>Work with business units to promote and deliver a best-in-class analytics service consistent with their needs.</li>
<li>Actively seek opportunities to learn and grow within the role.</li>
<li>Demonstrate an ability to be flexible and adapt in a changing environment.</li>
<li>Become familiar with the European Banking Regulatory Guidelines (CRR, EBA Guidelines, etc.) and how to apply those in model validation; and</li>
<li>Follow the standards &amp; methodologies for model validation and contribute to their constant improvement.</li>
</ul>
What You Will Bring
<ul>
<li>Relevant third level qualification or postgraduate qualification in an analytical discipline, e.g., statistics, actuarial science, financial mathematics, or econometrics.</li>
<li>A natural inclination to challenge established ways of thinking and an ability to articulate your opinion.</li>
<li>Knowledge of coding for statistical analysis (e.g. SAS) is an advantage.</li>
</ul>
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;
<ul>
<li>Market leading Pension Scheme</li>
<li>Healthcare Scheme</li>
<li>Variable Pay</li>
<li>Employee Assistance Programme</li>
<li>Family leave options</li>
<li>Two volunteer days per year</li>
</ul>
Please click
here
for further information about AIB’s PACT – Our Commitment to You.
Key Capabilities
<ul>
<li>Collaborates</li>
<li>Self-Aware</li>
<li>Eliminates Complexity</li>
<li>Depth of Technical Knowledge</li>
<li>Communication</li>
<li>Investigating &amp; Reporting</li>
</ul>
If you are not sure about your suitability based on any aspects of the role advertised, we encourage you to please contact the Recruiter for this role, Nicole, at <a href="mailto:careers@aib.ie" rel="nofollow noopener" target="_blank">careers@aib.ie</a> 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. Should you have a reasonable accommodation request please email the Talent Acquisition team at <a href="mailto:careers@aib.ie" rel="nofollow noopener" target="_blank">careers@aib.ie</a>
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 : 21st October 2026

Junior Quantitative Analyst - Credit Model Validation.

Junior Quantitative Analyst - Credit Model Validation.

This job is no longer available

Talents

Recruiters

About