PTSB is one of Irelands 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.
As a Regulatory Models Manager, you will support the Senior Manager in the leadership, oversight and delivery of the Bank’s model development agenda across IRB, IFRS 9 and Interest Rate Risk in the Banking Book (IRRBB). These models support the quantification of credit loss, regulatory capital requirements, impairment provisions and interest rate risk exposure across the Banks Balance Sheet and Profit and Loss Statement.
You will manage the end to end delivery of model development, redevelopment and maintenance activities, ensuring compliance with regulatory standards, internal governance requirements and best practice modelling methodologies.
Responsibilities
Leadership and Change
- Lead the delivery of IRB, IFRS 9 and IRRBB model development in line with regulatory standards, internal policies and the model governance framework.
- Ensure IRRBB behavioural models (e.g., deposit stability, prepayment assumptions) are robust, well documented and supported by sound quantitative analysis.
Performance Management
- Support senior leadership in developing a high performing team, ensuring effective coaching, mentoring and performance reviews.
- Identify training and development needs and implement targeted capability building initiatives.
Risk Assessment
- Ensure compliance with the Bank’s Risk Strategy, including RCSA, Internal Controls and Operational Risk frameworks.
- Maintain robust risk ownership for IRB, IFRS 9 and IRRBB modelling activities, ensuring timely reporting of risk events, with clear analysis of root cause and remediation.
Other Activities
- Communicate complex modelling findings to senior management and key internal stakeholders in a clear, concise and transparent manner.
- Ensure high quality documentation is maintained for all IRB, IFRS 9 and IRRBB models in line with regulatory expectations and internal standards.
Requirements
- 2:1 Honours Bachelor’s Degree (NFQ Level 8) in mathematics, statistics, computer science or related quantitative discipline.
- Significant experience in credit risk model development, validation or oversight, including IRB and or IFRS 9.
- Exposure to or experience with IRRBB behavioural models, interest rate sensitivity metrics (EVE and or NII) or Pillar 2 risk modelling.
- High proficiency in SAS or equivalent analytical tools.
- Strong knowledge of regulatory requirements including CRR and or CRD, EBA guidelines and the IRB framework.
- Strong technical understanding of statistical and modelling techniques (e.g., regression, time series, scorecards, decision trees, experimental design).
This is a permanent role based in Dublin (Hybrid).
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.
