EY Financial Services Risk Management - IRB Model Development Dublin 

Ireland 

540417266

Continuous learning:personalised career development including coaching, experiences, and formal learning so you’ll develop the mindset and skills you’ll need to thrive in the future. Transformative leadership, we will give you the insights, coaching and confidence to be the leader the world needs.

Career progression:When you join EY, you will be supported to ensure that you are enhancing your skills from day one. As you grow and develop here, you’ll discover opportunities to help customise your career journey, so that it’s as unique as you are.

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, with a wide range of discounts, offers and promotions. Your experience in EY will also include:

• Free enrolment in EY’s Tech MBA Programme accredited by Hult International Business School
• Discounted health insurance
• Pension
• The purchase of additional annual leave
• Hybrid Working model

Responsibilities:

• Develop and maintain IRB models for various portfolios, including Consumer SME, Retail SME, Investment Property, and UK Corporate
• Prepare and analyse data for IRB model development, including data engineering, handling large volumes of data, and data remediation
• Develop models for PD, LGD, and EAD, and test model accuracy and effectiveness
• Understand and adhere to IRB regulations, including the EBA Guidelines and ECB Guide to Internal Models (EGIM)
• Collaborate with stakeholders, including senior management, to discuss technical and business matters related to IRB model development
• Manage and mentor a team of risk modelling professionals to ensure successful execution of IRB model development initiatives
• 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, with a proven track record of success and experience working across cross functional teams.
• 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)
• Familiarity with IFRS/ST and experience in Irish and UK asset portfolios an advantage

Inclusion & Diversity

We recognise the strength that comes from having a diverse workforce and building a culture where we support all our people to achieve their potential. You’ll be embraced for who you are and empowered to use your voice to help others find theirs.