**Job Title:** Model Risk Validation Lead
This is a highly visible role that involves frequent interaction with technical areas of the Central Bank of Ireland and the ECB Joint Supervisory Team (JST), as well as internally up to Leadership Team level.
About the Role:
We are seeking a seasoned professional to lead our model risk validation function. As a key member of our Second Line Assurance team, you will be responsible for providing independent and robust challenge of the model development practices within the Group.
The successful candidate will have a strong background in credit risk modeling and validation, with a proven track record of leading teams and delivering projects to tight deadlines.
Key Accountabilities:
* Formulate and execute the validation approach for the Group, ensuring alignment with overall strategic objectives.
* Develop and implement validation methodologies for risk models, including Pillar 1 and Pillar 2, IFRS9 ECL models, and Economic capital and stress test methodologies.
* Provide expert leadership to ensure the work of the Validation team is received, understood, and approved at senior committees.
* Work closely with Model Development teams to provide independent opinions on the appropriateness of risk models.
* Support the Head of Validation in representing AIB at meetings with external parties, principally the Central Bank of Ireland (CBI) and Joint Supervisory Team (JST).
* Lead and manage a diverse team of quantitative risk analysts, developing others to achieve results and ensuring internal talent pipeline/succession.
* Provide strategic leadership and guidance, feedback, mentoring, and work oversight for an expert analytical team of researchers/validators.
Requirements:
* At least 8 years' experience in an environment involving Credit risk Models.
* Strong quantitative background (masters/doctorate in maths/stats/economics or other numerate discipline) with proven experience of applying this in a risk and modelling environment.
* Seasoned leadership experience with a track record of managing teams of analysts to deliver projects to tight deadlines.
* Experience in capital measurement and a thorough understanding of the legislation surrounding the calculation of capital requirements (CRD/CRR, Basel III/IV etc.).
* A strong influencing/negotiation skills, ability to engage with senior stakeholders across the Bank and with external suppliers.
* Must be a clear role model, with demonstrated capability of developing and coaching people, empowering, and trusting in people.
About AIB:
We offer a hybrid working model, allowing our people to balance their time between working from home and our designated office, subject to their role, the needs of our customers, and business requirements.
We pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard accreditation from the Irish Centre for Diversity.
What You'll Bring:
* Leadership skills, with a proven track record of managing teams and delivering projects to tight deadlines.
* Strong influencing/negotiation skills, ability to engage with senior stakeholders across the Bank and with external suppliers.
* Demonstrated capability of developing and coaching people, empowering, and trusting in people.
* Ability to think critically and strategically, with a focus on driving progress and achieving results.