Home Jobs FS Risk Consulting - Financial Services Risk Management - IRB Model Development
Back to Jobs

FS Risk Consulting - Financial Services Risk Management - IRB Model Development - Job Opportunity at EY

Dublin, Ireland
Full-time
Senior
Posted: May 5, 2025
Hybrid
EUR 120,000 - 180,000 per year for Senior Manager level based on Dublin market rates and role complexity

Benefits

Comprehensive pension plan with competitive employer contribution
Premium health insurance with discounted rates
Flexible work arrangements including hybrid model
Extended leave policies including additional annual leave purchase options
Professional development through Tech MBA program
Wellness benefits including gym membership and health services
Transportation benefits including travel pass and bike-to-work scheme
Family support including maternity/paternity leave and web doctor service
Performance-based recognition and referral incentives
Technology allowance including work mobile

Key Responsibilities

Lead development and implementation of IRB and IFRS9 risk models for major financial portfolios
Direct strategic data engineering and validation processes for model integrity
Oversee regulatory compliance with EBA Guidelines and ECB frameworks
Drive stakeholder engagement and technical consultation at senior levels
Manage and develop quantitative risk modeling teams
Implement model effectiveness monitoring and optimization strategies
Lead innovation initiatives in regulatory technology and quantitative methods

Requirements

Education

Masters' Degree in Mathematics, Statistics, or related field for Senior Managers; Bachelors degree for Managers and Consultants

Experience

10 years for Senior Manager, 6+ years for Manager, 4+ years for Consultants

Required Skills

Advanced programming in SAS (macros), SQL, and Excel IRB and IFRS9 model development expertise Stakeholder management and communication Team leadership and project management Data analysis and problem-solving Regulatory knowledge of EBA Guidelines and ECB Guide to Internal Models
Advertisement
Ad Space

Sauge AI Market Intelligence

Industry Trends

Financial institutions are increasingly focusing on sophisticated risk modeling capabilities due to evolving regulatory requirements and market complexity The adoption of advanced analytics and machine learning in risk modeling is creating demand for hybrid skillsets combining traditional statistical knowledge with modern data science Growing emphasis on model governance and validation frameworks is driving the need for specialists who can bridge technical and business perspectives

Role Significance

Typically leading teams of 5-15 quantitative specialists depending on project scope
Senior strategic position responsible for critical risk management infrastructure and regulatory compliance

Key Projects

IRB model development and validation programs IFRS9 implementation and enhancement initiatives Regulatory compliance and reporting frameworks Risk methodology innovation and optimization projects

Success Factors

Deep technical expertise combined with strong business acumen Ability to translate complex quantitative concepts for various stakeholders Strong project management skills with focus on regulatory deadlines Experience in managing cross-functional teams and senior stakeholder relationships

Market Demand

High demand position due to increasing regulatory requirements and limited talent pool with combined quantitative and leadership capabilities

Important Skills

Critical Skills

Advanced quantitative modeling capabilities are essential for developing and validating sophisticated risk models Regulatory knowledge is crucial for ensuring compliance with evolving standards Leadership and communication skills are vital for stakeholder management and team development

Beneficial Skills

Machine learning and advanced analytics knowledge for model innovation Experience with multiple regulatory jurisdictions Business strategy and advisory capabilities

Unique Aspects

Combination of technical modeling and strategic advisory responsibilities
Access to diverse financial services clients and complex projects
Strong focus on professional development and career progression
Global network and knowledge sharing opportunities

Career Growth

2-4 years in role before progression to next level, depending on performance and market conditions

Potential Next Roles

Head of Risk Modeling Chief Risk Officer Director of Quantitative Analytics Partner in Financial Services Risk Consulting

Company Overview

EY

EY is one of the Big Four professional services firms globally, with a strong focus on financial services and risk consulting

Leading position in risk consulting with significant market share in financial services advisory
Major presence in Dublin with strong connections to UK and European financial markets
Professional services environment with emphasis on client service, technical excellence, and continuous learning
Advertisement
Ad Space
Apply Now

Data Sources & Analysis Information

Job Listings Data

The job listings displayed on this platform are sourced through BrightData's comprehensive API, ensuring up-to-date and accurate job market information.

Sauge AI Market Intelligence

Our advanced AI system analyzes each job listing to provide valuable insights including:

  • Industry trends and market dynamics
  • Salary estimates and market demand analysis
  • Role significance and career growth potential
  • Critical success factors and key skills
  • Unique aspects of each position

This integration of reliable job data with AI-powered analysis helps provide you with comprehensive insights for making informed career decisions.