Job description
Corporate & Treasury (C&T) incorporates all the Group's corporate banking, treasury, specialised acquisition & leveraged finance, and large transaction property lending, across the Republic of Ireland, UK and international jurisdictions. C&T enjoys market leading positions across many of its key markets including corporate banking, commercial property, Foreign Direct Investment, treasury and corporate finance. We are Ireland's No. 1 Corporate Bank & leading Treasury provider. Many of Ireland's leading companies and over 70% of international companies setting up in Ireland have chosen to work with us. We work closely with our customers to capitalise on their strengths and realise opportunities, so they can grow and expand successfully. Bank of Ireland Corporate & Treasury has offices in nine locations worldwide - Dublin, Belfast, London, Bristol, Paris, Frankfurt, Madrid, Chicago and Stamford, Connecticut.
Global Acquisition Finance's directive is to originate, structure and arrange acquisition debt facilities in support of key clients from the private equity community. The business has a substantial loan book of >€6.0bn comprising of over 250 assets sourced across a variety of sectors and jurisdictions.
We have over 25 years' experience operating in the market and is one of the most active Lead Arrangers in Europe and the US, supported by a dedicated Portfolio Management team in Dublin with full responsibility for all aspects of relationship management of the European book post-closing.
Purpose of the Role
We are now looking for an Associate to join the London-based UK Acquisition Finance team. The successful candidate will be involved in day-to-day credit management of new business proposals involving the preparation of detailed credit applications, the review and interpretation of third party due diligence reports, the creation and review of financial models, and general risk management.
Key Accountabilities
- Review, interpret and challenge third party due diligence reports;
- Ownership of financial modelling pertaining to a transaction;
- Assist senior deal team members to prepare the credit application including credit paper, financial model and other supporting documentation;
- Support a regulatory and compliance culture and ensuring all requirements are met at all times;
- Proactive networking and relationship building with internal and external partners (such as advisors and targeted private equity firms);
- Represent the Bank at customer and advisor meetings.
What is the opportunity?
An established and entrepreneurial Acquisition Finance team is seeking interested candidates with the ability to function in a flexible environment. The position offers excellent development potential across all aspects of leveraged finance. An attractive remuneration package will apply to the position.
Working at Bank of Ireland doesn't have to mean working in an office to have an impact. Our commitment to enabling colleagues to thrive means that depending on role type you can have choice and flexibility in where you work and live, subject to your role, customer needs and our requirements. We have a hybrid working model, with home, agile hub and office based options available. We will always list a primary location which can be where you go for in person collaboration, and a location where you can best perform your role.
Please note you must live in the jurisdiction for the business to which you are contracted.
This job can be done anywhere in the UK with the primary office location as London to which travel will be required for in person collaboration. Exact frequency to be agreed with manager.
Essential Qualifications
Graduate or other relevant professional qualification.
Essential Skills & Experience
- Post-graduate finance / banking / credit experience preferably in a Leveraged Finance context;
- Strong Excel and financial modelling skills;
- Thorough knowledge of accounting / interpretation of accounts;
- Exposure to credit risk evaluation;
- Excellent written and verbal communication skills.
Key Competencies
- Customer Focused - Self
- One Group, one team - Self
- Manage Risk - Self
- Accountable - Self
- Agile - Self
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.
Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce. We offer reasonable accommodation at every stage of the application and interview process. If you require assistance, please contact [email protected].