Associate Director- Portfolio, Climate Capital, Dublin

Allied Irish Banks; Dublin; Hybrid; EUR 70,000 - 90,000; Full time

Job summary

A prominent financial institution in Dublin seeks an experienced individual to join its Climate Capital team. This role involves managing customer portfolios and supporting sustainable lending initiatives. The ideal candidate will have over 5 years of relevant experience, strong financial analysis skills, and a commitment to climate action. This position offers a hybrid work model, balancing time between office and remote work.

Benefits

Variable Pay

Employee Assistance Programme

Family leave options

Qualifications

• 5+ years' experience in Banking, Advisory, or Industry.
• Strong financial analysis and credit skills.
• Proficiency in financial modelling.

Responsibilities

• Manage an existing portfolio of customers within Credit Policy.
• Monitor financial performance and covenant compliance.
• Write credit papers for reviews and amendments.

Skills

Financial analysis

Credit skills

Sustainable lending awareness

Communication skills

Analytical mindset

Tools

Financial modelling

Credit risk modules

Job description

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Location/Office Policy: 10 Molesworth Street, Dublin 2 with Hybrid Working (3 days per week in the office)

• Do you want to build a career that is fighting against climate change?
• Do you want to play a role in decarbonising our energy and infrastructure, fund a more circular, less wasteful economy and help support key social projects?
• Do you want to part of and enable a high performing team to do just that?

What is the Role:

At AIB, we have a clear purpose – empowering people to build a sustainable future. We’re making a difference to how businesses contribute to climate action. We’re aiming to make 70 percent of our lending green or transition by 2030 and we’ve set up a €30 billion climate action fund.

Our Climate Capital segment is central to the delivery of these ambitious targets, investing in large scale renewables and infrastructure projects across Ireland, the UK, Europe and North America. This is the fastest growing area of the bank’s loan book.

This is a unique opportunity for experienced individuals to join this high performing, ambitious team, as we build out our international platform and directly contribute to global climate action goals.

You will be required to support best in class portfolio management and risk assessment across Climate Capitals growing portfolio.

Key Accountabilities:

• Proactively manage an existing Portfolio of customers within the Credit Policy framework of the Bank
• Monitor operational performance of customers by reviewing technical reports and construction/operational updates from customers or advisors
• Monitor financial performance and covenant compliance by reviewing and understanding financial statements and financial models with an ability to provide clear analysis.
• Write credit papers for annual reviews and transaction amendments for consideration by the relevant Credit Authority
• Perform financial modelling analysis and run detailed sensitivity analysis.
• Work collaboratively with the Origination team, sharing key insights on annual reviews and transaction amendments.
• Manage and play a key role in the development of more junior staff members
• Enhance relationships with new and existing customers with good communication and customer focus
• Form an integral part of the risk management culture in AIB and adherence to codes of conduct, laws and regulation
• Support credit reviews and internal/ external audit engagements for the Climate Capital portfolio
• Collaboration with other parts of AIB including Credit Risk, Treasury and Operations Teams

What you Will Bring;

• 5+ years' experience within a similar area which could include Banking, Advisory or Industry
• Strong financial analysis, strong credit skills and proficiency in financial modelling
• A proven awareness of sustainable lending
• Analytical mindset and results focussed, who is also a Team player with strong communication and influencing skills
• Knowledge and experience of the development and business application of credit risk modules utilised for the calculation of regulatory capital or ECL would be beneficial

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;

• Variable Pay
• Employee Assistance Programme
• Family leave options

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

Behavioural

• Drives Progress
• Ensures Accountability

Technical

• Industry Knowledge

This role is part of the Fitness & Probity Regime and Individual Accountability Framework, which set out the specific requirements applicable

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 , Noelle Ryan, at [e-mail] 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 [e-mail]

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 Thursday 4th December (just before midnight)