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 aims 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.
• Handle 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.

We would love the chance to meet with you to chat about the role.

Ways of Working

Working at Bank of Ireland doesn't have to mean working in an office to have an impact. Our dedication to enabling colleagues to thrive means that depending on role type you can have choice and flexibility in where you work and live, subject to your role, customer needs and our requirements. We have a hybrid working model, with home, agile hub and office based options available. We will always list a primary location which can be where you go for in person teamwork, and a location where you can best perform your role.

#li-hybrid #ij-hybrid

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 package.
• Proven people leadership experience.
• Good critical thinking and influencing skills.
• Excellent 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