Bank of Ireland


Dublin, Ireland
17 May 2022
23 May 2022
Approved employers
Approved employer
Contract type
Full time
Experience level

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.

Description of business unit

Decision Science is part of the Credit Risk family within the Bank of Ireland Group Risk Division. It is the analytical centre of excellence for the Division and is focused on:

  • Developing and maintaining the Group's credit risk models for decision-making, IRB/regulatory capital calculation, IFRS9 impairment calculation and other purposes.
  • Designing and delivering credit strategies to support targeted business growth.
  • Building automated decision-making models to support enhanced customer experience and increased process efficiency
  • Devising and delivering data and analytical insights, intelligence and reporting for a range of business and leadership needs.
  • Maintaining and improving the Group analytical, data and decisioning infrastructure.

Purpose of the Role

Decision Science sponsors the Group IRB Model Programme which is a multi-year programme tasked to re-develop, secure regulatory approval and implement the Group IRB model suite to meet revised ECB and EBA IRB Repair Programme requirements. In doing so, the IRB Programme strives to:

  • Support targeted business growth through adoption of a single view of customer risk-rating for non-retail borrowers and improved risk measurement precision;
  • Increase the pace of customer outcomes by enabling a revised retail / non-retail threshold and higher rate of automated decisioning;
  • Simplify future model maintenance/change by re-platforming IRB models and adopting new digital tools for model insights and reporting.
  • The holder of this role will be a leader in the Decision Science team and, for its duration, will play an integral role in the IRB Programme:
  • Driving the development and enhancement of models.
  • Supporting engagement on models with the Regulator.

Key Accountabilities

  • Lead specific model improvement projects.
  • Manage business and other partner interaction.
  • Provide input to internal model governance processes.
  • Ensure internal and regulatory requirement compliance.
  • Assure model documentation quality.
  • Support Regulatory model engagement.

What is the opportunity?

  • This role offers the opportunity to work within the analytical centre of excellence within Group Risk delivering real risk, capital and regulatory outcomes for the Group.
  • We are looking for a driven and enthusiastic individual to join the Decision Science team to support the development, management and maintenance of Credit Risk models. This job is open to those based in both Republic Of Ireland or UK with the primary office location as Dublin or Bristol.
  • We value diversity in a programme in which strength comes from varied experience and backgrounds.
  • We are committed to the ongoing professional development of our colleagues and this role will present opportunities for future career progression.
  • Decision Science is a pioneer of new ways of working and offers flexible working options. We have a hybrid working model, with home, agile hub and office based options available (subject to ongoing COVID measures).
  • We would love the chance to meet with you to chat about the role.

Essential Qualifications

  • A bachelors degree in a relevant discipline.

Essential Skills & Experience

  • Significant experience of credit risk modelling, direct IRB experience an advantage.
  • Strong experience of SAS or a similar packages.
  • Demonstrated people leadership experience.
  • Good critical thinking and influencing skills.
  • Good written and verbal communication skills.

Key Competencies

  • Manage Risk - People Manager
  • Accountable - People Manager
  • Amplify Capability - People Manager
  • One Group, one team - People Manager
  • Customer Focused - People Manager

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

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.

For further information, and to apply, please visit our website via the “Apply” button below.

Similar jobs

More searches like this

Similar jobs