Associate - NDFA Financial Advisory

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

Benefits offered by this job

23 days leave?

Defined benefit pension

Education funding

Membership fees reimbursement

Learning & development

Wellbeing programme

Hybrid work

Job summary

National Treasury Management Agency (NTMA) invites graduates to join the NDFA (Financial Advisory) on a 23-month Associate Programme commencing in September 2027. The NDFA advises on infrastructure projects with large capital values and supports PPP delivery for state authorities.

The Associate will work across the NDFA’s activities, performing financial analysis, modelling, review of contracts, and portfolio monitoring while engaging with a range of public sector clients and financing

Qualifications

• Minimum 2.1 honours degree or 2.1 Masters in Finance, Economics, Accounting, Commerce or related discipline.
• Eligible to work in Ireland (citizenship/visa rules).
• Professional qualifications such as ACA, ACCA or CFA are encouraged.

Responsibilities

• Financial statement analysis.
• Review of commercial and legal documentation.
• Complex financial modelling.
• Project finance funding.
• Report writing.
• Portfolio monitoring.
• Financial analysis for contract management and invoicing.
• Support climate action and sustainable finance targets.

Skills

Financial analysis

Financial modelling

Report writing

Stakeholder management

Education

2.1 Honours degree

2.1 Masters (desirable)

Job description

Job Title: Associate – NDFA – Financial Advisory

Division/Function: NDFA

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 NDFA (Financial Advisory) on a 23-month Associate Programme commencing in September 2027. The programme is open to graduates with a degree in Finance, Economics, Accounting, Commerce or a related discipline.

NDFA division:

The NDFA provides financial advice to State authorities on infrastructure projects with a capital value over €75 million and is also responsible for the delivery of Public Private Partnership (PPP) projects for State authorities (with certain exceptions such as Transport Infrastructure Ireland). In addition, the NDFA provides asset management services in respect of the operation and maintenance of PPP facilities. It also delivers Exchequer Funded capital projects on behalf of certain State authorities, including the Department of Education and Youth and certain local authorities. Following the publication of the Government’s Accelerating Infrastructure Report and Action Plan the NDFA also provides support and assistance to Government Departments and Agencies on major capital infrastructure projects.

The Associate will be required to work alongside all colleagues across the full range of the NDFA (Financial Advisory) activities. The Associate will support the team through day-to-day duties including but not limited to, the below tasks. The work is transactional in nature and day to day tasks will include:

• Financial statement analysis
• Review of commercial and legal documentation
• Complex financial modelling
• Project finance funding
• Report writing
• Portfolio monitoring
• Financial analysis for contract management and invoicing reviews
• Supporting climate action and sustainable finance targets/requirements
• Managing relationships across a broad range of clients and transaction types, particularly public private partnerships.

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

Working at the NTMA offers excellent benefits

• 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 or CFA. 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.