What is the opportunity

This role provides the opportunity to work across retail products, developing your knowledge of credit risk within retail banking.

It is a role which makes the most of your analytical capabilities and for which you will receive training in both technical and non-technical skills, including coding, analytics, communication and presenting.

Best of all, you will help to shape a brand-new function within a skilled and highly experienced team.

In this role you will:

The successful candidate will be responsible for:

• designing and producing insightful monthly reports detailing the movements in IFRS9 expected credit losses across the BOIUK retail portfolios
• Analysing the performance of the retail portfolios to understand whether the provisions calculated through the IFRS9 models are sufficient
• Designing new methodologies to calculate additional provisions for losses not captured through the IFRS9 models
• Developing a good understanding of UK credit risk models, providing insight and guidance to the UK 1st line model owner, as to model design and performance

What will make you stand out?

Excellent communication skills. You will need to be able to explain some complex and technical information to colleagues who may not have such a technical understanding.

Organised with great attention to detail

Ability to deliver to tight deadlines

Flexible and adaptable to changing priorities and workloads

Previous experience within a Credit Risk function would be extremely advantageous, particularly if you have a good understanding of IFRS9.

A broad understanding of the economic environment and how this may drive losses would also be helpful, as would any exposure to credit risk models.

Essential Qualifications

There are no minimum educational requirements for this role.

More about the team

The Retail Credit Risk Team is part of the UK Risk function which is a critically important function within BOI UK, responsible for ensuring the correct credit risk decisions and management of the Mortgage and Consumer Finance portfolios.

The Retail Credit Management team are a highly visible and dynamic area within Retail Credit Risk and are responsible for ensuring that decision makers within the bank are provided high quality analytics and information to enable effective and informed tactical and strategic decisions, covering all products.

Why work with us

The Bank of Ireland company culture prioritises work-life balance with an opportunity for flexible working, along with 24 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy and working parent supports.

Your wellbeing is important to us; we have an employee assistance program and financial wellbeing coaches available. We also encourage and support staff to pursue educational and professional qualifications to grow and enhance your career!