Associate - FDM

National Treasury Management Agency; Dublin; Hybrid; EUR 40,000 - 55,000; Full time

Benefits offered by this job

Competitive salary

23 days annual leave

Career average defined benefit pension

Education funding and paid study leave

Hybrid work options

Wellbeing programme

State of the art facilities

Diversity initiatives

Job summary

The National Treasury Management Agency (NTMA) invites graduates to join the Funding and Debt Management (FDM) unit on a 23-month Associate Programme starting in September 2027. Rotations cover Primary, Secondary, Cash, Operations, Fiscal, Economics and Retail, building broad debt management experience.

Successful candidates will hold a 2.1 honours degree or a 2.1 Masters in a numerate field such as Accounting, Finance or Economics and must have the legal right to work in Ireland.

Qualifications

• Ability to work in a highly professional environment, managing internal and external relationships.
• The candidate should hold a relevant third level qualification or equivalent relevant professional qualification.

Responsibilities

• Rotations across Primary, Secondary, Cash, Operations, Fiscal, Economics and Retail.
• Work with internal and external stakeholders in a professional environment.

Skills

Team player

Self-starter

Interpersonal skills

Organisational skills

Written and verbal communication

Microsoft Excel

PowerPoint

Analytical skills

Professional environment

Education

2.1 honours degree

2.1 Masters

Tools

Microsoft Excel

PowerPoint

Job description

Job Title: Associate – Funding and Debt Management

Division/Function: FDM

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 FDM unit of the NTMA on a 23-month Associate Programme commencing in September 2027. The programme is open to graduates with a degree in Accounting / Engineering / Finance / Economics / Commerce or a related discipline / degree with a numerical background.

Funding and Debt Management unit

FDM is responsible for borrowing on behalf of the Government and managing the National Debt in order to ensure liquidity for the Exchequer and to minimize the interest burden over the medium term. In addition to its core functions of borrowing for the Exchequer and debt management, the FDM Unit performs several other functions including:

• Prudential management of Exchequer Cash including daily short-term cash management operations
• Responsible for the ongoing development of primary and secondary markets for Irish government securities
• Broadening the investor base and diversifying the State’s sources of funding.
• Managing debt held by retail investors under the Ireland State Savings programme.
• Production of and reporting on National Debt Service and National Debt estimates
• Carrying out treasury operations and providing a Central Treasury Service

The work of the associate will vary across the rotations. The rotations will include work in business areas including Primary, Secondary, Cash, Operations, Fiscal, Economics and Retail.

Experience

• Ability to work in a highly professional environment, managing internal and external relationships.
• The candidate should hold a relevant third level qualification or equivalent relevant professional qualification.

Skills

• Team player, self-starter, highly motivated and capable of working on own initiative
• Strong interpersonal, communication and organisational skills are a prerequisite for this position as relationship building is key in our complex organisation
• Methodical approach to completing assigned tasks and monitoring exercises
• Strong written and verbal communication skills
• Strong Microsoft skills (e.g. excel, PowerPoint)
• Good analytical skills and capacity to form balanced and objective views

At the end of the programme the successful Associate will have developed a solid knowledge base of the NTMA FDM unit 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 examinations, and will be offered the full range of NTMA supports in this regard combined with a detailed associate training programme and associate network across the NTMA in addition to on the job training. 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

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.