Associate - SBCI

Job Title:                                Associate - Strategic Banking Corporation of Ireland 
Division/Function:                 SBCI 

Contract Type:                       23 Month FTC

Commencement Date:          September 2027

 

 

**** Closing Date for Applications: 9th October 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 borrowing on behalf of the Government and the management of the National Debt, the State Claims Agency, the New Economy and Recovery Authority (“NewERA”), the Ireland Strategic Investment Fund, National Development Finance Agency and the NTMA Future Ireland Funds business unit with responsibility for the management of the Future Ireland Fund and Infrastructure, Climate and Nature Fund.

 

The NTMA also assigns staff to the Strategic Banking Corporation of Ireland (SBCI) and Home Building Finance Ireland (HBFI).

 

Role Summary: 
 
This is an exciting opportunity for talented and motivated graduates to join the SBCI on a 23-month Associate Programme commencing in September 2027. The programme is open to a broad range of graduates including but not limited to those with a degree in Business / Economics / Finance / Law / Public Policy / International Studies / Politics / Data Analytics / Information Systems or a related discipline.  
 

SBCI division: 

 

The SBCI is the Irish national promotional institution created by the SBCI Act 2014 with the objective of delivering effective financial supports to support the Irish economy, in particular SMEs, by addressing failures in the Irish credit market and driving competition and innovation. It is the role of the SBCI as a national promotional institution to provide effective financial supports to the market in order to promote economic development of the Irish State.

 

The SBCI currently provides funding and guarantees to a range of on-lending finance providers to support the provision of long-term low-cost credit to SMEs and consumers in Ireland. The SBCI continues to develop its range of financial supports to address market failures in the Irish credit market.
  

The Associate will support the SBCI through day-to-day duties including but not limited to, the below tasks: It would be the intention that the associate would rotate on at least two of the below teams rotating every 6 to 12 months, this may vary depending on the business needs at the time. 
         

Products, Strategy & Marketing 

• Conducting research papers for product development.  
• Assisting with the product development team during the development and deployment stage. 
• Communications and relationship management of key stakeholder including Government Departments and EU institutions.
• Assisting with the strategy development for SBCI and monitoring SBCI’s progress against the approved strategy.
• Representing SBCI at external marketing events.

 

Lending & Credit 

• Preparation of credit assessment paper for annual reviews and assisting with new credit proposals.  
• Ongoing monitoring of credit connections through the tracking of financial covenants and other financial information.  
• Assisting with the negotiation and drafting of Operating Models with SBCI’s on-lender partners.  
• Relationship management of SBCI’s on-lenders including dealing with queries from on-lenders.  
• Assisting with the on-boarding of new on-lenders.

 

Finance 

• Monitoring SBCI’s lending and cash exposures including the completion of Bank reconciliations.  
• Ensuring payment of invoices in line with the Prompt-Payment legislation obligations. 
• Reviewing recharges from the NTMA and to Government Departments to ensure accuracy.
• Management of loan drawdowns and repayments.  
• Relationship management of NTMA Finance.

 

Business Support Services & Digital Enablement  

• Supporting the claims and recoveries process for SBCI’s loan guarantee schemes, ensuring accuracy of payments within the agreed timelines.    
• Supporting the Management Information and Digital Enablement teams.  
• Managing the relationships with critical outsourced third-party service providers.  
• Supporting the day-to-day operations of the SBCI. 

 

Risk & Governance 

• Monitoring of SBCI’s Key Risk Indicators.  
• Assisting with Risk Identifications & Assessments through the ongoing maintenance of the Risk Register. Including second line control testing of key controls detailed on the Risk Register.  
• Assisting with second line credit assessments for new credit proposals and annual reviews.  
• Liaising with internal and other auditors to track opening findings and liaising with the SBCI teams to ensure all audit findings are closed within the agreed timelines.  
• Assisting with the monitoring and updating of various policies.  
• Assisting with the risk assessment of key projects or business changes.  
• Stakeholder management of NTMA Compliance and NTMA Risk.  
• Supporting the Company Secretary with preparation and scheduling of Board and Committee meetings.  
• Assisting with Board Evaluations and the Board Directors training programme. 

 

At the end of the programme the successful Associate will have developed a solid knowledge base of the SBCI and the wider NTMA. 

 

 

Working at the NTMA offers excellent benefits including:

   

• Competitive salary and 23 days annual leave 
• Career average defined benefit pension scheme 
• Education funding and paid study leave   
• Reimbursement of annual professional membership fees 
• Excellent learning and development opportunities that allow for full career development within the organisation  
• Extensive workplace wellbeing programme 
• State of the art facilities with sustainable modern workspaces 
• Advanced technology enabling flexible and hybrid work options 
• A diverse range of initiatives: LGBT+, Gender Matters, Disability Advocacy, Sports & Social, Volunteering and lots more.

 

Learning and Development: 

 
Typically, Associates within this division also undertake professional qualifications such as ACA, ACCA, CIMA or Institute of Bankers exam. They are supported through the full range of NTMA study supports, complemented by a comprehensive Associate Development Programme, an Associate network spanning the NTMA, and extensive on-the-job learning opportunities.
 

Do you have what it takes?  
 
Are you ambitious, commercially minded and diligent?  Do you have what it takes to excel in a challenging, fast-paced team environment? Do you have the flexibility to adapt to different environments and responsibilities?  
 
Successful candidates will have a minimum of a 2.1 honours degree or a minimum of a 2.1 Masters, ideally in a related discipline. 
 
Applicants must have the correct legal status to work in Ireland (Irish Citizen, EEA Citizen, Stamp 4, Stamp 1G Visa). 
  
The NTMA are strong believers in the value a diverse work force brings to our business endeavours. We can accommodate candidates with a disability at every stage of our process. Should you need any additional support, please don’t hesitate to contact our Disability Liaison Officer - Laura Finnegan lfinnegan@ntma.ie 

 

 

Pension Abatement

 

If an appointee has previously been employed in the Civil or Public Service and that appointee is entitled to or in receipt of a pension from the Civil or Public Service or where a Civil/Public Service pension comes into payment during the appointee’s re-employment that pension will be subject to abatement in accordance with Section 52 of the Public Service Pensions (Single Scheme and other Provisions) Act 2012.

 

Please note: In applying for this position, you are acknowledging that you understand that the abatement provisions, where relevant, will apply. It is not envisaged that the employing Department/Office/Body will support an application for an abatement waiver in respect of appointments to this position.
 

Applicants will be required to complete a pre-employment declaration to confirm whether they have previously availed of a public sector pension scheme.  

 

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.