At a Glance
- Tasks: Analyse credit performance and asset quality to drive business decisions.
- Company: AIB, a leading bank with a collaborative culture.
- Benefits: Flexible hybrid working, competitive pay, and family leave options.
- Other info: Join a diverse team committed to equality and professional growth.
- Why this job: Make a real impact using data insights in a hands-on role.
- Qualifications: Degree in relevant field and 10+ years in financial services.
The predicted salary is between 66150 - 80850 £ per year.
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.
Location/Office Policy: London/Belfast with 3 days in-office per week.
Do you want to use data insight to drive better business decisions? Are you comfortable presenting ideas to technical and non-technical stakeholders? Are you looking for a hands-on role with a focus on problem solving and presentation?
What is the Role:
The UK Portfolio Management Unit supports AIB UK’s strategy by delivering timely portfolio insight, well-controlled MI and forward-looking analysis across the credit book. This is a hands-on role primarily focused on analysing credit performance and asset quality, identifying key drivers and emerging risks, and translating data into clear, decision-useful insight for senior stakeholders. The role includes first-line Model Owner responsibilities for key UK credit models, ensuring they are well-governed, well-understood and evidenced, and that they appropriately capture key risk drivers to support reliable portfolio assessment, reporting and decision-making.
Key accountabilities:
- Lead analysis of portfolio credit performance and asset quality, identifying trends, drivers, concentrations and emerging risks, and translating this into clear insight and recommended actions.
- Produce senior forum-ready MI and commentary, connecting portfolio outcomes to drivers and implications, and setting out actions where required (key risk indicators, risk appetite, monitoring intensity, escalation).
- Strengthen forward-looking portfolio assessment by integrating internal signals (e.g., rating migration, arrears/default patterns, watchlist movements, ECL trends) with external data and macro/sector developments.
- Enhance Early Warning Indicators / KRIs so they are analytically grounded, operationally usable and clearly linked to escalation, management action and reporting.
- Translate analytical requirements into robust reporting solutions using the data warehouse and dashboards, improving automation, control discipline, data traceability and “right-first-time” MI.
- Act as first-line Model Owner for nominated UK credit models (e.g., IRB, standardised grading, IFRS 9, and stress testing models), ensuring outputs used in portfolio assessment are governed, documented, monitored and appropriately controlled.
- Interpret and explain model outputs and movements (e.g., ECL drivers, parameter/overlay impacts, limitations/overrides, model change impacts) and ensure they are reflected appropriately in portfolio narratives and management decisions.
- Maintain strong control evidence and timely issue closure: monitoring plans, documentation, model change governance, and prompt resolution of development/validation/audit/regulatory findings.
- Partner effectively across UK and ROI stakeholders (Credit, Risk, Finance, Data, Technology) to land portfolio insights, reporting improvements and model-related changes to deadline and quality expectations.
- Contribute to senior papers and regulatory-facing materials where relevant (e.g., portfolio deep dives, impairment analysis/overlays, ICAAP credit inputs), and support delivery of programmes and closure of UK PMU-owned actions.
What you Will Bring:
- Bachelor’s degree in Business, Economics, Finance, Mathematics, Statistics or a related discipline (or equivalent relevant experience).
- Typically 10+ years’ experience in financial services, with strong understanding of lending/credit risk concepts and portfolio performance analysis.
- Proven ability to craft clear, decision-ready narratives from data, and contribute to senior committee, board and regulatory papers.
- Strong written and verbal communication skills; confident engaging technical and non-technical stakeholders and presenting succinctly to senior audiences.
- Experience working with model outputs (IRB/grading/IFRS 9) and related governance expectations; practical first-line Model Owner experience (or equivalent accountability) is desirable.
- Strong analytical capability with Excel and BI tools (e.g., QlikView, Tableau, Power BI); ability to work with large datasets; SQL/SAS advantageous.
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:
- Variable Pay
- Employee Assistance Programme
- Family leave options
Key Capabilities:
- Customer First
- Ensures Accountability
- Communication
- Data Insight
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 Pasquetti, 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.
Portfolio & Model Manager in London employer: Allied Irish Banks
AIB UK is an excellent employer, offering a dynamic work environment in the heart of London or Belfast, where you can thrive as a Credit Risk Analyst. With a strong focus on employee growth and development, we provide opportunities for professional advancement alongside a supportive hybrid work model that promotes work-life balance. Join us to be part of a collaborative culture that values data-driven insights and empowers you to make impactful decisions.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio & Model Manager in London
✨Tap into Campus Networks
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We think you need these skills to ace Portfolio & Model Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
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How to prepare for a job interview at Allied Irish Banks
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Allied Irish Banks.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Allied Irish Banks employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
