At a Glance
- Tasks: Lead complex data analyses and develop predictive models to enhance risk management.
- Company: AIB, a leading bank with a strong focus on risk analytics and innovation.
- Benefits: Hybrid working, market-leading pension, healthcare, and volunteer days.
- Why this job: Make a real impact in risk management while mentoring junior data scientists.
- Qualifications: 3+ years in model development; degree in a quantitative field required.
- Other info: Join a dynamic team with opportunities for growth and collaboration.
The predicted salary is between 36000 - 60000 £ per year.
This role is positioned within the Risk Analytics Team as a Senior Quantitative Risk Analyst. In Risk Analytics, we develop and support the deployment of risk models, strategies and decision tools for regulatory capital, internal capital and business decision making. Risk Analytics is part of the Risk Function, which is an independent, second line of defence function that monitors, controls, and supports risk-taking activities across AIB. The purpose of the Risk Function is to provide advice and guidance in relation to risk while providing independent oversight and reporting on AIB's risk profile. The Risk Function's main objective is to ensure AIB has a robust risk management framework and culture in place to ensure risks are taken within the risk appetite set by the Board, in support of AIB's customer franchise and social responsibility.
Key accountabilities:
- Analysis & investigation: Undertake and guide junior data scientists in various complex data analyses, investigations and/or modelling of business issues to improve the management, services, and products of the bank.
- Predictive model development: Take a leading role in building predictive models that are focused on core business elements, such as automated decisioning, capital requirements and loss expectations.
- Data insights: Perform and guide junior data scientists in exploratory and ad-hoc data analysis with a view to generating insights and using this to deliver actionable recommendations to the Business.
- Expert advice: Provide specialist advice to the business with an emphasis on the impact and application of risk management requirements.
- 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.
- Leadership: Mentoring and guidance for junior data scientists. Also, there will be responsibility for reviewing work carried out by junior team members.
- Digital protection: Access/utilise bank data within the policies and frameworks required by AIB.
What you will bring:
- Minimum 3 years' experience in a model monitoring, model development or model validation role. Examples include IRB; IFRS 9; loss forecasting; stress testing or economic capital modelling; propensity modelling; or a combination thereof.
- A bachelor's degree in a quantitative analytical discipline (2.1 or higher), e.g., mathematics, applied mathematics, physics, statistics, engineering, econometrics.
- Ideally have advanced level of SAS or SQL programming - an equivalent level in an alternate programming language would be considered (e.g., R, Python, Matlab).
- Advanced experience in extracting, transforming, and cleaning data for modelling purposes.
- Familiarity with data visualisation tools such as QlikView, Power BI, SAS VA or Tableau.
- Experience writing technical documents that meet internal and regulatory standards.
- Experience in engagement with regulatory or audit bodies.
- Strong ability to build relationships and communicate with key stakeholders.
- Curiosity and inventiveness.
- Good problem-solving skills with capability to defend their decisions from challenge both on a technical and business front.
What We Offer: 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:
- Market leading Pension Scheme
- Healthcare Scheme
- Variable Pay
- Employee Assistance Programme
- Family leave options
- Two volunteer days per year
As part of the selection process, the successful applicant will be expected to demonstrate the AIB Behaviours and ability in the Behavioural and Technical Capabilities reflected below. Please note that the capabilities will only be asked at interview stage.
- Ensures Accountability
- Collaborates
- Develops & Empowers
- Data Analysis
- Risk Modelling & Scenario Analysis
- Statistical Modelling
Application deadline: 1st April 2026. To be considered for this role you will be redirected to and must complete the application process on our careers page. To start the process click the Apply button below to Login/Register.
Senior Quantitative Risk Analyst, Risk Analytics, Dublin, Belfast, London, Northampton in Lisburn employer: AIB (NI)
Contact Detail:
AIB (NI) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Quantitative Risk Analyst, Risk Analytics, Dublin, Belfast, London, Northampton in Lisburn
✨Tip Number 1
Network like a pro! Reach out to current or former employees in the Risk Analytics team on LinkedIn. A friendly chat can give us insider info about the role and the company culture, plus it shows our genuine interest.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since this role involves predictive model development and data analysis, we should be ready to discuss our experience with SAS, SQL, or any other relevant programming languages.
✨Tip Number 3
Showcase our leadership skills! If we’ve mentored junior data scientists before, let’s have some examples ready. This will highlight our ability to guide others while also demonstrating our expertise in risk management.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets seen by the right people. Plus, it shows we’re serious about joining the team at AIB.
We think you need these skills to ace Senior Quantitative Risk Analyst, Risk Analytics, Dublin, Belfast, London, Northampton in Lisburn
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Quantitative Risk Analyst role. Highlight your experience in model development and data analysis, and don’t forget to mention any relevant programming skills like SAS or SQL.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about risk analytics and how your background makes you a perfect fit for our team. Keep it concise but impactful!
Showcase Your Technical Skills: Since this role requires strong technical abilities, be sure to include specific examples of your work with predictive models and data visualisation tools. This will help us see your expertise in action!
Apply Through Our Website: Don’t forget to apply through our careers page! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the details you need to complete the process smoothly.
How to prepare for a job interview at AIB (NI)
✨Know Your Models Inside Out
As a Senior Quantitative Risk Analyst, you'll be expected to have a deep understanding of predictive models. Brush up on your experience with IRB, IFRS 9, and stress testing. Be ready to discuss specific examples of how you've developed or validated these models in the past.
✨Showcase Your Data Skills
Make sure to highlight your advanced skills in SAS or SQL, or any equivalent programming language. Prepare to discuss how you've extracted, transformed, and cleaned data for modelling purposes. Bring along examples of your work with data visualisation tools like Power BI or Tableau to impress the interviewers.
✨Demonstrate Leadership and Mentoring
Since this role involves guiding junior data scientists, be prepared to share your mentoring experiences. Talk about how you've supported others in their development and how you approach leadership within a technical team. This will show that you're not just a technical expert but also a team player.
✨Prepare for Behavioural Questions
The interview will likely include questions about accountability, collaboration, and empowerment. Think of specific situations where you've demonstrated these behaviours. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.