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. An opportunity has arisen for a talented Senior Quantitative Risk Analyst to join the bank's Regulatory Models team. Your role is to support the delivery of the bank's Credit Risk model development agenda across IRB and IFRS 9. The models underpin the quantification of credit loss for the financial statements including regulatory capital requirements and impairment provisions. Responsibilities: Design, develop and analyse models to quantify credit risk. Develop data-driven and predictive models across Probability of Default (PD), Loss Given Default (LGD), Exposure of Default (EAD) and State of the Economy (SOE) models. Utilise traditional statistical techniques and apply mathematical theory/concepts. Build large datasets that are robust and efficient for use across Regulatory Models helping to maximise speed of development through efficient coding and automation. Mentor and guide junior analysts to deliver the Bank's model development agenda. Produce high quality `value-add? analysis and insights across data mining and trend analysis and develop optimum segmentation strategies. Requirements: 2:1 Honours bachelor's degree (NFQ Level 8) in a STEM subject area. Experience and knowledge of programming languages such as SAS, SQL or other advanced statistical/econometric analysis software (e.g., Python, R etc.). Knowledge of statistical or modelling techniques (e.g., regression, time series modelling, hypothesis testing etc.). Excellent analytical, problem-solving and communication skills with demonstrated skills in summarising and interpreting large volumes of data and translating into meaningful insights. Aspiration to become subject matter expert on credit loss quantification. This is a Permanent role based in PTSB's St Stephens Green. 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.