Financial Services Risk Management - IRB Model Development
We are looking for a Senior Manager/Manager/Senior Consultant to join our Financial Services (FS) – Consulting team in Dublin. The ideal candidate will have a proven track record of developing and implementing successful IRB models, as well as experience managing a team of risk modelling professionals.
The role will involve developing and maintaining IRB models for various portfolios, adhering to IRB regulations, and collaborating with stakeholders to discuss technical and business matters. The ideal candidate will have experience working with large volumes of data and using programming languages such as SAS, SQL, and Advanced Excel. This position requires excellent communication skills, leadership abilities, analytical skills, and proficiency in managing a team and people, working across EMEIA.
Key Responsibilities:
- Develop and maintain IRB models for various portfolios
- Prepare and analyse data for IRB model development
- Develop models for PD, LGD, and EAD, and test model accuracy and effectiveness
- Understand and adhere to IRB regulations
- Collaborate with stakeholders to discuss technical and business matters
- Manage and mentor a team of risk modelling professionals
- Measure and report on the effectiveness of IRB models, making recommendations for optimization and improvement
- Stay knowledgeable about industry and regulatory IRB model development trends, and apply insights to drive innovation and competitive advantage
Requirements:
- Bachelor's degree in Mathematics, Statistics, or related field
- 8+ years of experience for Senior Manager, 6+ years for Manager and 4+ years for Senior Consultants in IRB model development
- Ability to manage team is must for Senior Manager role
- Strong leadership and management skills, with the ability to motivate and develop a team of risk modelling professionals
- Excellent communication skills, with the ability to communicate effectively with stakeholders at all levels
- Strong analytical and problem-solving skills, with the ability to apply data insights to drive innovation and decision-making
- Proficiency in programming languages, including SAS (macros), SQL, and Advanced Excel
- In-depth understanding of IRB regulations, including EBA Guidelines and ECB Guide to Internal Models (EGIM)
About Us:
We hold a collective commitment to foster an environment where all differences are valued and respected, practices are equitable and everyone experiences a sense of belonging: Inclusion, diversity, and equity are part of who we are at EY.