Analyst - Counterparty, Liquidity Risk and Financial Stability

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Job Title:                  Analyst / Senior Analyst – Counterparty, Liquidity Risk and Financial Stability

Division/Function:    NTMA_Risk                                                                                                                             

Reports to:               Senior Liquidity & Financial Stability and Counterparty Risk Managers

 

Job Family:              Risk                                                                                                                    

           

Career Stream:        Professional                                                                                                       

 

Contract Type:        Permanent

 

 

Closing date for applications is 13/11/2026

 

 

Summary of the Business

 

The National Treasury Management Agency (NTMA) provides asset and liability management services to the Irish Government. It has evolved from a single function agency managing the National Debt to a manager of a complex portfolio of public assets and liabilities.

Businesses managed by the NTMA include Funding & Debt Management (FDM) on behalf of the Exchequer, the Ireland Strategic Investment Fund (ISIF), the State Claims Agency, the New Economy and Recovery Authority (“NewERA”), and the National Development Finance Agency. The NTMA also assigns staff to NAMA and SBCI.

 

Role Summary

 

As a member of the NTMA Financial Risk team, the Analyst / Senior Analyst - Counterparty Credit,Liquidity Risk and Financial Stability will provide support and challenge to the Agency’s business units (including FDM, ISIF, FIF and SBCI) in their management of relevant risks. 

 

The successful candidate will play a key role in the NTMA’s Risk Management Framework, providing support to the NTMA Enterprise Risk Management Committee, by working on risk papers for the associated Risk sub-committees.

 

The Analyst / Senior Analyst - Counterparty Credit, Liquidity Risk and Financial Stability will work closely with NTMA management and stakeholders on all counterparty credit and liquidity risk issues, providing regular updates on exposures, emerging trends, prevention, and mitigation.

 

The Analyst / Senior Analyst – Counterparty Credit, Liquidity Risk and Financial Stability will play a key role in supporting the team on various inter-agency financial sector stability and crisis preparedness groups.

 

 

Principal Accountabilities

 

• Provide independent and effective second line challenge on risk-taking.
• Preparation of daily, weekly, and monthly risk management information and dashboards for senior management and committees, along with monitoring and reporting against counterparty credit and liquidity risk limits and KRIs.
• Management of the daily CSA process including all administration and communications related to the collateral calls with the NTMA’s external counterparties.
• Analysis of the liquidity risk implications arising from new funding strategies, investment strategies, markets, products, processes, or regulatory requirements.
• Ad hoc reporting to senior management on any important change to risk exposures.
• Periodic reviewing and monitoring of counterparties and limits from a credit risk perspective.
• Play a key role in major risk projects. Ongoing development and maintenance of the Agency’s core treasury risk systems.
• Continuous review and enhancement of risk reporting as the NTMA’s business needs evolve.
• Ad hoc analytical/research supporting the NTMA business units and external agencies.
• Attend meetings, review and prepare papers and liaise with key stakeholders in relation to financial sector stability and crisis preparedness.
• Support the preparatory work for crisis preparedness exercises and workshops. 

 

Experience/ Skills required for the role

 

• 3 / 4 year’s relevant experience in the financial services industry.

• A strong degree in a quantitative discipline (e.g. Maths, Economics, Engineering, Finance)
• An understanding of the monitoring, measuring and managing of counterparty credit and liquidity risk exposures across a diverse range of products and portfolios. 
• Excellent understanding of global financial markets and a strong product knowledge (e.g. Bonds, Repos, Loans, Deposits, Swaps, and Short-Term Paper).
• Knowledge of risk methodologies such as PFE, VaR and multi-factor stress testing would be an advantage.
• Excellent attention to detail. Clear and concise verbal and written communication skills. Ability to draft and present papers on complex issues to a broad range of audiences.
• A high level of numeracy with strong analytical and IT skills (e.g. Excel, SQL and VBA, Power BI, Python)
• Strong understanding of treasury risk management systems. In-depth knowledge of Bloomberg. Knowledge of Bloomberg PORT and OpenLink-Findur would be a distinct advantage.
• Highly motivated with a willingness to take initiative and responsibility in a small team. Flexibility, adaptability and ability to deal with a fast pace of change.

The NTMA is proud to be an equal opportunities employer. We recognise that a diverse and inclusive workplace informs better decision making, creative thinking, innovation and drives business performance. We are strongly committed to ensuring that our workforce is representative of our society.