Dublin | Ireland
Description of business unit
Description of business unit The Independent Validation Unit ("IVU") is part of Model Risk Management and is the analytical centre of excellence within Group Risk for review and assessment of the Group's models. The IVU's responsibilities include:
Purpose of the Role
The Validation unit assesses all models used across the Group and offers the opportunity to obtain a wide variety of experience to different models supporting relevant processes including new business origination, pricing, capital, market/liquidity etc..
The successful candidate will be primarily responsible for sourcing and generating validation datasets, analysis and critical review of related data, assessment of model performance and ultimately delivering validation reports on the status of the underlying models
What is the opportunity?
We are looking for a driven and enthusiastic individual to join our Validation Team, offering an opportunity to learn and be involved in the review/challenger analysis of a wide variety of statistical models and exposure to a wide variety of Group activities.
Third level qualification in mathematics, statistics, science, economics or similar discipline involving significant numerical modules.
Essential Skills & Experience
Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce.
Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles will not be accepted for this role.
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