Senior Quantitative Risk Analyst, Risk Analytics, Dublin, Belfast, London, Northampton in Newtownabbey
Senior Quantitative Risk Analyst, Risk Analytics, Dublin, Belfast, London, Northampton

Senior Quantitative Risk Analyst, Risk Analytics, Dublin, Belfast, London, Northampton in Newtownabbey

Newtownabbey Full-Time 43200 - 72000 £ / year (est.) No home office possible
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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 scheme, 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 professional growth and collaboration.

The predicted salary is between 43200 - 72000 £ 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 Newtownabbey employer: AIB (NI)

AIB is an exceptional employer that prioritises employee well-being and professional growth, offering a hybrid working model that allows for flexibility between home and office. With a strong commitment to mentorship and development within the Risk Analytics team, employees benefit from a collaborative culture that encourages innovation and provides access to market-leading benefits, including a comprehensive healthcare scheme and generous family leave options. Working in vibrant cities like Dublin, Belfast, London, and Northampton, AIB fosters a dynamic environment where meaningful contributions to risk management are valued and rewarded.
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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 Newtownabbey

✨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 might even lead to a referral.

✨Tip Number 2

Prepare for the interview by brushing up on your technical skills. Be ready to discuss your experience with predictive models and data analysis. We want to see how you can apply your knowledge to real-world scenarios!

✨Tip Number 3

Showcase your leadership skills! If you've mentored junior data scientists before, share those experiences. We love to see candidates who can guide others while also being hands-on with complex analyses.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’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 Newtownabbey

Quantitative Analysis
Predictive Modelling
Data Insights Generation
Risk Management
Model Development
SAS Programming
SQL Programming
Data Transformation
Data Visualisation
Technical Documentation
Stakeholder Communication
Problem-Solving Skills
Mentoring
Curiosity
Inventiveness

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 showcase your experience with data visualisation tools and any relevant programming languages. We want to see how you can bring value to our Risk Analytics Team!

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 proficiency in SAS, SQL, or any other programming languages you know. Prepare to talk about 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 demonstrate your capabilities.

✨Prepare for Technical Questions

Expect technical questions that assess your problem-solving skills and ability to defend your decisions. Review key concepts in risk management and be prepared to explain how you would approach various scenarios. Practising with a friend or mentor can help you articulate your thought process clearly.

✨Demonstrate Leadership and Mentoring Experience

Since this role involves guiding junior data scientists, be ready to share your experiences in mentoring or leading teams. Discuss how you've supported others in their development and how you approach collaboration within a team setting. This will show your potential employer that you're not just a technical expert but also a team player.

Senior Quantitative Risk Analyst, Risk Analytics, Dublin, Belfast, London, Northampton in Newtownabbey
AIB (NI)
Location: Newtownabbey

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