What is the opportunity?
This is an excellent opportunity which will enable successful candidate to lead a high performing team to drive the Group's approach to impairment forecasting, and provide insights to senior management
In this role, you will:
- Lead a team in the execution and development of ICAAP models for Forward-looking Scenario Analysis and Stress Testing to meet ICAAP, regulatory stress testing exercises (EBA Stress Tests), Reverse Stress Testing and Recovery Planning requirements;
- Provide insights to Group Treasurer and Head of Direct Capital Management on impact to ICAAP impairment forecasting
- Engaging with colleagues in other areas to source key model inputs and to monitor and plan potential model changes;
- Prepare documentation for model developments, validation and lifecycle activities;
- Identify and deliver opportunities for increased productivity in the team's modelling activities via efficiencies in model design, execution and automation.
What will make you stand out?
3rd level qualification (Bachelor's Degree or equivalent), preferably in a quantitative, business or finance related discipline
Management experience in leading high performing teams
A background in data analytics, quantitative finance or risk management;
Strong experience relating to the calculation of ECLs (IFRS9) and RWA or similar;
Strong technical skills including previous experience in using SAS, Excel, VBA or other programming languages;
Strong verbal and written communication skills with ability to communicate key messages concisely for senior management,
An ability to adapt to new technologies and to conceptualise, plan and implement new ideas;
Experience in delivering output to a high standard within agreed deadlines
Essential Qualifications
There are no minimum educational requirements for this role.
More about the team
The Loan Loss Forecasting team develops methodologies to support the Group in achieving sustainable profits. We do this through key strategic processes including scenario analysis and stress testing (ICAAP) and producing insights for key partners. Externally, the team interacts with regulators, industry bodies, peer banks and consulting firms to ensure alignment with the latest trends in industry practice
This is a hybrid role, based primarily at the Dublin office. We typically ask colleagues to spend a minimum of 8 days per month working in-person to support collaboration and connection. Specific arrangements will be confirmed by your recruiter to ensure they meet the needs of the role and team."
Why work with us?
The Bank of Ireland company culture prioritises work-life balance with an opportunity for flexible working, along with 25 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, WebDoctor and financial wellbeing coaches available. We also encourage and support staff to pursue educational and professional qualifications to grow and enhance your career!
We're on a continuous journey to build an inclusive and diverse workplace. We welcome applications from people of all backgrounds, lived experience, abilities and perspectives. We provide reasonable accommodations at every stage of our recruitment process for disabilities, neurodivergence or medical conditions. If you require an accommodation please complete this form and one of our recruitment team members will be in touch via email.
Any information provided will be treated as confidential within the recruitment team and used only for the purpose of determining and providing appropriate accommodations for the application and recruitment process.
