Associate - ISIF Investments

National Treasury Management Agency; Dublin; On-site; EUR 40,000 - 62,000; Full time

Benefits offered by this job

23 days annual leave

Pension scheme

Education funding

Study leave paid

Membership fees reimbursement

Learning and development

Wellbeing programme

Modern facilities

Flexible hybrid work

Diversity initiatives

Job summary

The National Treasury Management Agency’s Ireland Strategic Investment Fund (ISIF) invites graduates to join a 23-month Associate Programme commencing September 2027. The programme provides exposure to investment, portfolio management and operations within ISIF, across research, due diligence and evaluation of opportunities.

Successful Associates will develop a solid knowledge base in investment process, risk management, ESG, data analytics and portfolio monitoring, with strong learning and

Qualifications

• Minimum 2.1 honours degree or 2.1Masters in a related discipline.
• Strong analytical and research abilities for investment evaluation.
• Understanding of ESG considerations and portfolio analytics.

Skills

Research

Due diligence

Investment evaluation

Data analytics

Portfolio monitoring

ESG considerations

Education

2.1 Honours degree

2.1 Masters

Job description

Job Title: Associate - ISIF Investments

Division/Function: Ireland Strategic Investment Fund

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 ISIF division of the NTMA on a 23-month Associate Programme commencing in September 2027. The programme is open to graduates with a degree in Finance / Economics / Commerce / Accounting / Law / Science / Computer Science / Mathematics / Engineering or a related discipline .

The Ireland Strategic Investment Fund (ISIF) division:

The Ireland Strategic Investment Fund (ISIF) sources and completes investments on a commercial basis in a manner designed to support economic activity and employment in Ireland. This strategy focuses on long-term transformational investments addressing key strategic challenges facing the country. These include climate action, housing and enabling infrastructure, scaling indigenous businesses, and food and agriculture. In addition, ISIF has flexibility to invest in national and compelling investments in response to future events. See www.isif.ie for more detail. Alongside its portfolio of Irish focused investments, ISIF maintains a diversified public markets portfolio (the ISIF Funding Portfolio) which provides liquidity to fund ISIF’s ongoing commitments while contributing to ISIF’s net returns.

Within the ISIF unit, there are three distinct functions: Investment, Portfolio Management, and Operations.

The Associate will work in ISIF’s Investment function, (either in the Irish portfolio or the ISIF Funding Portfolio) alongside colleagues across the full range of ISIF's investment, portfolio management, and operational activities. By the end of the programme, successful candidates will have developed a strong knowledge base across all areas of the ISIF team and the investment process. This may include experience in research, due diligence, and evaluation of investment opportunities, measuring, monitoring, and managing key aspects of the portfolio, such as risk management, asset allocation, investment performance, ESG considerations, and data analytics.

At the end of the programme the successful Associate will have developed a solid knowledge base of the ISIF 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 which 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 are able to 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.