Job Description

At AIB, our values guide how we work and how we support each other. We’re looking for someone who puts Customer First, takes initiative and Owns the Outcome, and is always looking for ways to Eliminate Complexity You’ll treat colleagues and customers with fairness and Show Respect, and you’ll thrive in a culture built on collaboration where we Be One Team to deliver meaningful impact.

Location/Office Policy Hybrid Working - 3days per week onsite, with the option of working from Dublin, Cork, Galway, or Waterford Hubs

What is the Role:

Group Internal Audit (GIA) is not your typical audit function. We’re on an ambitious journey to create the best function we can for AIB and our people. Through our audit charter, we operate independently as the third line of defence to provide assurance to our stakeholders on the adequacy and effectiveness of AIB and its subsidiaries, governance, risk management and internal control environment.

Most importantly, we believe that great people are the key to our success. This is why we work hard to build a team of empowered individuals who are driven to excel through collaboration, inclusion and diversity; embracing the unique strengths and insights everyone brings.

We are a group of 100+ professionals operating in Ireland and the UK, who always aim for the highest quality. To get the best from our people we support and embrace flexible working arrangements to provide an empowering environment where people get the job done through managing their own time.

GIA is now seeking applications from ambitious professionals who are keen to pursue an opportunity as an Audit Lead within the Models function.

Key accountabilities;

• Utilise statistical and mathematical techniques to assess the efficacy of models, identify potential risks and their impacts on business operations.
• Interpret complex data sets to identify trends and patterns that could indicate risks or opportunities.
• Develop and/or use code to perform data and model testing
• Maintain an up-to-date knowledge of key regulations relating to model risk for all model types in operation in AIB, including IRB models, and ensure AIB GIA meets regulatory expectations in relation to our audit approach for models;
• Engage with data, model development, model validation, and model implementation teams as required to gain a technical understanding of the data, model development process, model validation process, and model implementation.
• Collaborate with cross-functional teams to assess capabilities and limitations of models.
• Identify, measure, manage, monitor and report on model risk facing AIB.
• Understand and utilise AIB's auditing principles and methodology to ensure safeguarding of corporate assets, compliance with laws and regulations, effective operations and reliable financial and operational information.

What you Will Bring;

• Experience in model development or model validation (required).
• Relevant third level qualification in an analytical discipline e.g. mathematics, applied mathematics, data science, computer science, physics, finance, economics, quantitative finance (required).
• Proficient in at least 1 of the following programming tools: SQL; SAS; python, R (required).
• Experience in model development or validation of IRB models (preferred).
• Experience in the development or validation of IFRS9 models (preferred).
• Experience working in internal audit (preferred).
• Experience/knowledge of model risk management and regulations (preferred).

Why Work for AIB:

We are committed to offering our colleagues choice and flexibility in how we work and live and our hybrid working model enables our people to balance their time between working from home and their designated office, subject to their role, the needs of our customers and business requirements.

Some of our benefits include;

• Market leading Pension Scheme
• Healthcare Scheme
• Variable Pay
• Employee Assistance Programme
• Family leave options
• Two volunteer days per year

Please click here for further information about AIB’s PACT – Our Commitment to You.

Key Capabilities

Technical Capabilities

• Risk Modelling & Scenario Analysis
• Risk Analysis
• Data Analysis

Behavioural Capabilities

• Collaborates
• Instills Trust
• Ensures Accountability

If you are not sure about your suitability based on any aspects of the role advertised, we encourage you to please contact the Recruiter for this role, Nicole Pasquetti at careers@aib.ie for a conversation.

AIB is an equal opportunities employer, and we pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard accreditation from the Irish Centre for Diversity. We are committed to providing reasonable accommodations for applicants and employees. Should you have a reasonable accommodation request please email the Talent Acquisition team at careers@aib.ie

Disclaimer:

Unsolicited CV’s sent to AIB by Recruitment Agencies will not be accepted for this position. AIB operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our recruitment partners.

Application deadline: 14/07/2026