PTSB is one of Ireland's leading retail and SME banks, with an innovative range of products and services powered through an evolving digital landscape, our focus is centred on ensuring we deliver what our customers, colleagues and communities need to be successful.
The primary purpose of your role is to maintain and further develop the Banks impairment and capital forecasting processes. The impairment (Expected Credit Loss) and capital (Risk Weighted Asset) forecasts underpin the quantification of short to medium term Pillar 1 (credit) regulatory capital requirements while Pillar 2 capital assists the Bank to assess its internal capital.
As an Analyst in the Forecasting and Capital Optimisation Team you will play the role of translator understanding how complex credit models work while being able to explain key movements in plain English to colleagues across the business with varying levels of technical knowledge.
If you like analysing, thinking strategically and are passionate about understanding the interaction between predictive models and the real world then this is the role for you
Responsibilities:
* Calculation of ECL, Impairment P&L charge and RWA for forecast scenarios
* Produce high quality `value-add analysis and insights across portfolios to support the Banks strategy and share with internal and external stakeholders.
* Analyse results from the forecasting and Pillar 2 models, understand model outcomes and explain the movement in results from previous recent results.
* Identify capital allocation insights and make appropriate recommendations in respect of the capital optimisation strategies where appropriate.
* Engage with numerous business areas in order to ensure all work undertaken is up to date and that assumptions are aligned between teams where necessary.
* Supporting internal and external stress testing activity.
Requirements:
* 1+ years experience working as an analyst in a banking or finance related field.
* 2:1 Honours Bachelors Degree (NFQ Level 8) in a financial/economics/mathematical or associated subject area.
* Excellent analytical, problem-solving and communication skills with proven skills summarising and interpreting large volumes of data and translating into meaningful insights.
* Aspiration to become subject matter expert on credit loss quantification.
* An interest in developing programming languages experience
This is a permanent role based in Dublin (Hybrid).
Is this you?
Please apply online on our website or via the apply link of this role. Your application will be sent through to our Talent Acquisition team and they will be in touch regarding your application.
We reserve the right to draw up a shortlist for interview.
The Bank understands the importance of a consistent and relentless focus on championing diversity and inclusion. We aim to attract, recruit, and retain individuals with diverse backgrounds, skills, competencies and abilities to work collaboratively to enhance the service we provide to all of our customers and the communities we serve.