What is the opportunity?
This is an exciting opportunity for an ambitious individual to perform an important role in the management of the Group's balance sheet, and to support the Group in delivering its strategic objectives. The successful candidate will report directly into the Head of Treasury Execution and gain experience across all aspects of treasury, including the opportunity to engage with and influence senior colleagues. This role entails a combination of deal execution, risk management, portfolio analysis and stakeholder interaction. The role provides an excellent opportunity to join a technical environment with a diverse product offering
In this role, you will:
Senior member of the team responsible for the:
- Hedging of the interest rate, cross currency and basis risk that originate from the Group's balance sheet;
- Management of the Group's high-quality liquid asset (HQLA) securities portfolio;
- Management of the day-to-day liquidity of the bank to facilitate timely settlement of the Group's obligations;
- Execution of the Group's Wholesale Funding Activities; and
- Management of the day-to-day treasury activities of the Retail Ireland division and Bank of Ireland Mortgage Bank.
- Understand and manage the various forms of risk that the Group incurs in its core activities.
- Maximise the value from the Group's franchise through proactive and astute portfolio management within defined risk tolerances.
- Foster and develop strong working relationships with key group partners and provide insight on financial markets to senior Group stakeholders.
- Participate in group transformation programs with particular focus on simplifying hedging processes.
- Manage external market and financial market infrastructure counterparts.
What will make you stand out?
Minimum of 5-10 years experience in a balance sheet execution/hedging role for a Financial Institution or Corporate Treasury.
Strong technical knowledge and experience with a deep understanding of financial markets and exceptional commercial acumen.
Team focussed with strong interpersonal, negotiation and communication skills.
Capacity to challenge the status-quo with compelling reasoning.
Strong governance mindset and regulatory awareness.
Experience or knowledge of Bank's balance sheets and underlying structural balance sheet risks and how that risk is managed and hedged.
Excellent numerical ability, analytical and quantitative analysis skills.
Ability to utilise your network to enhance business performance.
Knowledge or experience of working on projects and regulatory frameworks associated with interest rate and/or credit spread risk.
Essential Qualifications
Degree or Masters level Qualification
More about the team
The Group Treasury team is responsible for Capital Management, Funding and Liquidity management including management of the Group's liquid assets, Balance Sheet Management and Capital execution, Group Financial Planning and Analysis, Regulatory Capital and ICAAP analytics and the Group's Recovery and Resolution planning activities along with other core Finance activities. Group Treasury is part of the Group Finance division and is a key enabler of the Group's strategic deliverables.
Group Treasury seeks to promote a culture that is welcoming for all and we encourage all our colleagues to reach their full potential. Our continuing aim is for a culture which attracts, promotes and retains diverse talent across all levels across our business. We value collaboration across our teams and continue to seek ways to build positive relationships with our stakeholders.
This is a hybrid role, based primarily at the Dublin office. We typically ask colleagues to spend a minimum of 8 days per month working in-person to support collaboration and connection. Specific arrangements will be confirmed by your recruiter to ensure they meet the needs of the role and team.
Why work with us?
The Bank of Ireland company culture prioritises work-life balance with an opportunity for flexible working, along with 25 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy and working parent supports.
Your wellbeing is important to us; we have an employee assistance program, WebDoctor and financial wellbeing coaches available. We also encourage and support staff to pursue educational and professional qualifications to grow and enhance your career!
We're on a continuous journey to build an inclusive and diverse workplace. We welcome applications from people of all backgrounds, lived experience, abilities and perspectives. We provide reasonable accommodations at every stage of our recruitment process for disabilities, neurodivergence or medical conditions. If you require an accommodation please complete this form and one of our recruitment team members will be in touch via email.
Any information provided will be treated as confidential within the recruitment team and used only for the purpose of determining and providing appropriate accommodations for the application and recruitment process.
Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.
