Job Description
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 responsibilities of a Manager in Model Risk is to provide the first level of review and sign off for all validation work within the Model Risk area. The managers role is ensure that all validations are completed within the agreed timeframe and according to documented regulatory guidelines. As part of the role, oversight of the automated validation processes, and the model risk assessment process, may be required as will management of all Business-As-Usual activities, including the Issues Log. An important part of this role is to develop the behaviours and performance of team members through effective performance development and performance reviews. The role will involve supporting Senior Managers/Head of Model Risk in challenging model design, development implementation and use, and in setting out the validation planning schedule. Responsibilities: Support and monitor the work of analysts in your team to ensure accuracy and timeliness Provide the first level of review and sign-off for all validation work in the areas of model monitoring and robotics-and-replication Present and provide your opinion as to the fitness for purpose of models to Model Owners and Governance committees which is a condition for approval for use Work with your Senior Managers/Head of Model Risk to plan and develop the validation schedule Ensure that all validations are completed within the agreed timeframe and according to documented guidelines and internal standards Requirements: A high level of quantitative ability up to at least undergraduate degree level in a highly numerically oriented subject such as physics, mathematics, statistics, econometrics, quantitative finance, actuarial science, engineering or general science A proven ability to communicate the output of quantitative analysis, in particular to a non-technical audience who will need to make decisions based on your advice; Previous experience in a model development or model validation role Good and proven programming ability in any language, e.g., Python, Java, SAS, R, etc Good analytical, problem-solving, communication, organisational, and interpersonal skills This is a Permanent role based in PTSB's St. Stephen's Green. (Hybrid options available within the Republic of Ireland) 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.