Behavioral Competencies Model - Bank of Ireland Co… · Web viewActuarial or Maths related degree essential ... Strong pc skills including Word, ... a third level qualification

Bank of Ireland Futurus Graduate Programme 2012

Segment: Financial Services

Programme Start Date: September 2012

Futurus Background:

The Futurus Programme is the key graduate entry career development programme within the Bank of Ireland Group. The objective is to enhance graduate entrants’ technical and personal skills through a structured and supportive programme which will strengthen our future senior leadership talent pipeline.

It is aimed at high calibre graduates and provides a comprehensive, consistent and integrated programme which will support the development of a broad group mindset and rounded skill set in all graduates. Participants are given a combined opportunity to develop both specialist skills and personal development. These skills will equip graduates to develop their careers and challenge for significant roles in the future.

Vacancies available in: Retail Division Ireland & UKGroup Supports (HR, Finance, Credit & Market Risk, Audit)Corporate & Treasury Division

Vacancy Locations: Ireland & UK Minimum Requirements: Relevant Primary Degree at 2:1 Level or Masters Degree (Expected or Achieved)

Desirable Degree Specialism: Finance, Mathematics, Engineering, Actuarial, Quantitative Studies, Arts (e.g. Business, Economics or Finance), Science, Computer Science

Essential Requirements: Strong Customer FocusDemonstrate Initiative and FlexibilityIntellectual agility and a willingness to challenge the status quoHigh achiever and excellent team playerStrong Interpersonal and Communication SkillsMotivated with a high level of drive and ambition

Applicants must be eligible to work in the jurisdiction of the Programme they are applying for.

Training & Development: The Futurus Programme offers a two year structured training calendar to all graduates

How to Apply:

1. Please fully complete the Application Form and return by email only to [email protected]

2. Please quote the Vacancy Reference Code & Graduate Programme name in your email subject title

3. Candidates may apply for more than one vacancy up to a maximum of three4. Aptitude testing will form part of the selection process for all Programmes

Closing Date:

Data Classification: Green February 2012

mailto:[email protected]


The closing date for applications is 19th March 2012. Applications submitted after this date will not be accepted. (Please note CVs will not be accepted).

Bank of Ireland is an Equal Opportunities Employer

Division: Retail – New Ireland Assurance Company

Graduate Programme: Trainee Actuary Location: Dublin

Vacancy Reference Code: RIIR/010/12

Business Background:

New Ireland Assurance is one of Ireland's major life and pensions companies and is part of the Retail Ireland & UK Division of Bank of Ireland Group.

Our large Actuarial Department is acknowledged and recognised in the Life & Pensions Industry for product innovation. Graduates can expect to develop skills in a broad range of areas from relationship management to numerical analysis, and also gain a deep understanding of Actuarial Principles and the Life & Pensions industry.

Essential Requirements:

Actuarial or Maths related degree essential (Applicants must also have high results in Leaving Cert Honours Maths)

Have a high level of proficiency in relevant computer applications particularly Excel Strong numerical and analytical skills Have excellent problem solving ability

Graduates should be highly competent in the following areas:

Influencing & Effective Communication Constructive Teamwork Execution & Delivery to deadlines Analysis & Judgement Initiative & Responsibility Resilience Customer Service

Training & Development: In conjunction with the Futurus training calendar graduates will also be provided with generous study leave. For example a Study Day Allowance of 0.5 day per week for CT series, 1 day per week for the CA1/ST/SA series during the study period and 0.5 day per fortnight for CA2/CA3.



Division: Retail Ireland

Graduate Programme: Business Banking Location: Various, across ROI


Business Background: The Business Banking (BB) Development Programme is designed to raise the standard of banking, and to help develop our next generation of Business Banking managers. Providing you with front-line exposure to our fast-moving retail banking environments, the three year programme will see you tackle a number of assignments where you will develop the all-round skills and experience you’ll need to build relationships and lead and inspire your own team to achieve results. Placements will include a 2 month introduction into Branch Banking, Business Manager Assistant role, 12 months within our Credit/Underwriting function and/or Business Banking followed by a Senior Business Manager placement and one to one support in a shadow role to a Business Advisor based in a Retail or Commercial Branch to gain portfolio management skills.

Essential Requirements: You will need to be forward-thinking, adaptable and ready to question ways of thinking but fundamentally communication and relationship-building skills are critical. We're looking for creative thinkers - people who don't always assume the obvious or accept conventional wisdom. The other essential requirements are: Strong business acumen High levels of numeracy and commercial judgment Strong client/customer focus Have good planning and organisational skills Demonstrate initiative and flexibility Intellectual agility and a willingness to challenge the status quo High achiever and excellent team player Strong pc skills including Word, Excel Graduates should be highly competent in the following areas: Influencing Effective Communication Constructive Teamwork Execution & Delivery to deadlines Analysis & Judgment Initiative & Responsibility Resilience Customer Service

Training & Development: We have set out a clear training / learning plan for each Graduate over the three years in conjunction with the Branch Network and Group Credit. There will be continuous assessment through the three years with a final end of programme Assessment Centre at the end of year three. This is in conjunction with the training received as part of the Futurus programme which is for a period of 2 years.



Provided each graduate has successfully completed each placement, completed the necessary training / learning, passed all assessments, including the end of programme assessment as well as completed their QFA and Certificate in Business Banking, they will then graduate from the programme. The programme is certified by the Institute of Bankers.

It is envisaged that by the end of the Programme, graduates should be in the position to begin challenging for Business Advisor roles at that point or within the next 6 months. From there, the likely career path is that of Business Manager.

Division: Retail Ireland

Graduate Programme: Retail Business Units Location: Dublin


Business Background: The Bank of Ireland Graduate Programme is designed to raise the standard of banking, and to help develop our next generation of banking managers. Providing you with exposure to our retail banking environments, the programme will see you tackle a number of assignments and key strategic projects where you will develop the all-round skills and experience you’ll need to build relationships, and lead and inspire your own team to achieve results.

The Retail Division, across which this placement will apply, comprises the following business units: Strategy, Marketing and Direct Channels, Branch Networks, Wealth Management, Business Banking (Ireland & UK), Consumer Banking (Ireland & UK). The graduate role-holder will have the opportunity to undertake roles and projects spanning a number of the Retail Business Units as required and in line with development.

Essential Requirements: You will need to be forward-thinking, adaptable and ready to question ways of thinking but fundamentally communication and relationship-building skills are critical. We're looking for creative thinkers - people who don't always assume the obvious or accept conventional wisdom. The other essential requirements are:

Strong business acumen High levels of numeracy and commercial judgment Strong client/customer focus Have good planning and organisational skills Demonstrate initiative and flexibility Intellectual agility and a willingness to challenge the status quo High achiever and excellent team player Strong pc skills including Word, Excel

Graduates should be highly competent in the following areas: Influencing Effective Communication Constructive Teamwork Execution & Delivery to deadlines Analysis & Judgment Initiative & Responsibility Resilience Customer Service

Training & Development: Data Classification: Green February 2012


The programme provides a two year comprehensive training calendar

Division: Group Supports

Graduate Programme: Group Internal Audit Location: Dublin

Vacancy Reference Code: GGRIR/001/12

Business Background: Group Internal Audit is charged by the Court (the Bank of Ireland Board) to provide an independent and objective assessment on the standards of control across all areas of the Bank of Ireland Group. Group Internal Audit works in partnership with senior and executive management across all areas of the Bank of Ireland Group.

As a result, during your employment with us, you will enjoy a broad variety of work and you will gain real business experience and unique insights into all aspects of the operation and management of the Bank. Our graduate Auditors work closely with, and under the supervision of, highly experienced internal audit colleagues who will direct and oversee their training.

We are interested in attracting high calibre graduates from a variety of backgrounds including but not restricted to business, economics, finance and accounting and other technical disciplines such as science, engineering, and computer science.

If you are looking to forge a career in business management and/or accounting and finance, in particular in the financial services industry, Bank of Ireland Group Internal Audit offers you a unique opportunity in that regard.

Essential Requirements: Science, Engineering, Arts - Business or Finance honours graduates at 2.1 level or above with a

desire to forge a career in finance, or business and ideally some business experience gained during college work experience

Analytical, able to hold your own ground and capable of fair and balanced assessment Excellent report writing and verbal communication skills A good understanding of risk management and knowledge of existing and emerging trends in

regulations and risks in financial services A broad understanding of financial management principles Experience in building and maintaining effective working relationships Initiative, drive and the ability to relate well to a wide range of clients The successful candidates may be required to undertake limited travel, to various Group

locations

Graduates should be highly competent in the following areas: Numeracy Analytical ability Relationship Management skillsData Classification: Green February 2012


Excellent written and verbal communication skills An ability and desire to challenge the status quo

Training & Development: The programme provides a two year structured comprehensive training calendar


Graduate Programme: Financial Analyst – Group Finance Location: Dublin

Vacancy Reference Code: GFIR/004/12

Business Background: Group Finance performs a key management and control function in supporting the Group’s objective to be the pre-eminent consumer, business and corporate bank in Ireland. The Group Finance function comprises a number of teams at Group level, including Finance Services, Group Tax, Group Planning & Analysis, Group Decision Support, Financial Control Reporting, Technical Accounting, Group Treasury, and other Divisional Finance functions.

Finance Services (FS) is the accounting services provider for the Bank of Ireland Group and facilitates the majority of rotations for the graduate programme. The FS operation is the hub of Finance for BOI Group underpinned by common processes, service excellence and proactive management of relationships. The FS Group is responsible for the operation and maintenance of General Ledgers, preparation of reporting packs including Management and Financial accounts, regulatory reporting, annual Statutory accounts, MIS and support other finance processes (e.g. budgeting and forecasting).

The Group Finance graduate programme will consist of rotations throughout different business units in Finance over a four year period to ensure robust development of each graduate. The aim of the programme is to support each graduate in attaining their accountancy qualification, while providing opportunities for development through on the job training, engagement with senior management, structured training agendas in conjunction with Accenture, coaching and mentoring.

Key Responsibilities: Graduates will support the provision of Finance support to the business and business partners teams by assisting in the:-

Production of timely and accurate financial and management information ensuring integrity of data at all times at business unit, Divisional or Group level.

Preparation of ‘Ad hoc’ analysis, interpretation and reporting for Business Partners and Business Management Teams.

Preparation of additional data analysis to support projections / variance analysis etc. Collation and provision of Business Unit information to Finance Services and Group. Completion of budget and forecast templates for the Business Unit. Working closely with Finance Services to ensure FS capability and services are optimised to

support delivery to customer.



Carry out analytical review of financial data and provide meaningful and causal commentary.

Ensure appropriate operational and SOx controls are adhered to regarding processes being used.

Work with various areas and management within Finance to ensure the highest level of support is given to customers.

Actively challenge the status quo and seek to re-engineer processes to bring about greater control, effectiveness and process efficiency.

Essential Requirements: Minimum of 400 Leaving Certificate Points (or equivalent) Strong capacity to analyse business information Demonstrated analytical, numerical and interpretive skills The ability to prepare and report on financial and business information Ability to quickly understand BOI and its financial products and services Excellent verbal and written communication skills especially in the area of report writing A high level of drive, ambition and commitment to the role The ability to meet tight deadlines, while not compromising on standards Good interpersonal and communication skills with a logical and organised approach to work IT skills particularly with regard to data analysis and presentation

Graduates should be highly competent in the following areas: Commercial and business acumen Planning and implementing Adaptability and flexibility Motivation and drive Customer Focus Influence and impact

Training & Development: In conjunction with the Futurus training calendar spanning over a two year period, Finance graduates will simultaneously be required to attain their accountancy qualification within a four year period. Support will be provided in order to aid this process by way of appropriate study leave.




Graduate Programme: Analyst – Group Credit and Market Risk Location: Dublin

Vacancy Reference Code: GCMRIR/001/12

Business Background: Risk Strategy is a business unit with responsibility for leading the development and articulation of the Group’s Risk Appetite and Strategy, risk modelling, stress testing and Basel strategy.

The identification, measurement and management of risk are high priority for the Group and underpin all our business activity. One of the key functions of Risk Strategy is to provide guidance on portfolio and strategic decisions. Risk Capital Measurement plays a key role in these activities by providing critical risk information and analysis. It achieves this through expert knowledge and continuing development of the Groups capital models and continuous interaction with Group Treasury, Group Finance, Group Credit and Business Units.

As part of the Risk Capital Measurement function, this role is key to producing critical risk capital metrics for the Group and executive committees and analysis to facilitate the Group’s Basel II Pillar II compliance requirement and strategic planning.

Key Responsibilities: Data interpretation and analysis to highlight service issues emerging. Analysis of data to identify recurring problem areas that require attention through process

change Provide breakdown reporting of positions, trends and detail for High level audience –

Executives and Senior Management. Provide analytical and administrative support to Senior Manager as required. Assist in the preparation of monthly management information, enabling management to

assess service performance. Provide timely and accurate ad hoc analysis for the business. Pro-actively contribute to the continued development of Risk Modelling and interpretation,

through external research and training.

Key Requirements:



Strong analytical skills; a third level qualification in statistics, mathematics, Physics, econometrics Finance or similar discipline is required

Excellent Analytical, Numerical and writing skills An effective communicator, who can ensure the necessary messages are communicated in

a clear, concise and easy to understand fashion, whether written or spoken Highly organised, with drive and motivation to achieve agreed goals High Achiever and excellent team player with the ability to deliver under tight deadlines and

under pressure Good technical data skills and knowledge of data analysis techniques and software e.g. MS

Access, MS Excel, VB, SAS A good knowledge of capital and risk pricing methodologies A good understanding of capital management processes

Training & Development:

The programme provides a two year structured comprehensive training calendar

Graduate Programme: Human Resources Location: Dublin

Vacancy Reference Code: GHRIR/001/12

Business Background: The HR Graduates role is that of a HR Business Partner. The Business Partner is a member of the HR Business Partner team supporting a Senior HR Business Partner aligned to specific Business Unit’s within the Bank of Ireland Group.

The key focus of the role is to work with the Senior HR Business Partner within the business to develop and support the HR strategy and deliver strategic initiatives and key HR interventions in line with the Divisional HR Strategy.

Key Responsibilities: Working with the Senior HR Business Partner to ensure best practice in strategic HR

management is followed within the business units by initiating and providing high quality, aligned initiatives to business managers.

Proactively engaging with the Senior HR Business Partner to support and provide HR leadership to business managers which focus on the priorities, strategic direction and objectives of the business unit, with particular focus on people management aspects. This includes being familiar with current priorities, through regular involvement at management team meetings.

Working with the HR Business partner to identify and deliver meaningful HR interventions to drive key areas such as engagement, capability, retention and communications within various business units.

In conjunction with the Senior HR Business Partner, having responsibility for the identification of key talent within the business - ensuring developmental plans are in place.

Promotes positive performance management within the business to drive improvement in capability

Working with the Senior HR Business Partner to successfully implement HR policy within the Division/Business Units.



Manage specific HR projects & People elements of business projects as designated by the Divisional HR Business Partner to deliver solutions, which meet identified business requirements through working with the relevant Centres of Expertise and HR Operations as appropriate.

Key Requirements: A strong proficiency in the use of Microsoft Word, Power point, Excel and SAP (desirable) Strong numeric and HR data analysis skills Strong Organisational Skills Good working knowledge of domestic employment law and HR best practice, with familiarity

and confidence in dealing with senior managers Strong influencing skills Ability to work on own initiative with a desire to take responsibility for individual pieces of

work/ Projects Strong team player with a flexible approach and an ability to focus on a number of items at

any one time, while adding value to both HR and the Business


Division: Corporate & Treasury

Graduate Programme: Corporate Banking, Global Markets and IBI Corporate Finance Location: Dublin and London

Vacancy Reference Code: Dublin vacancies – CMIR/005/12 London vacancies – CMGB/001/12

Business Background: Corporate & TreasuryThe Corporate & Treasury Division consists of a number of specialist and highly successful globally-focused businesses including Corporate Banking (leveraged acquisition finance), Global Markets (treasury business) and IBI Corporate Finance.

The Corporate & Treasury graduate programme will provide a unique opportunity for high calibre graduates to gain exposure to diverse and internationally focused businesses and structures.

Global MarketsGlobal Markets (GM) is the leading provider of treasury solutions to Retail, Corporate and Institutional clients and has offices in ROI, GB, NI and US. It is responsible for the execution of Bank of Ireland’s liquidity and funding strategy, for managing the Group’s interest rate and foreign exchange exposures and for servicing the wholesale product needs of Group and third-party customers.

Corporate BankingWith offices in Ireland, the UK, Germany, France and US, Corporate Banking has market leading positions in the Irish Corporate market and in the European and US mid-market Leveraged Finance sectors. Corporate Banking Ireland supports a range of clients, ranging from those who are publicly quoted to the larger privately owned and/or managed businesses operating in or out of Ireland. The



products and services provided range from money market lines, syndicated and other structured loans, acquisition finance and leasing and financing for leveraged and management buyouts. The hallmark of Corporate Banking’s approach is to provide consistently excellent levels of customer service and innovative solutions, tailored to meet individual customer needs.

IBI Corporate FinanceIBI Corporate Finance is Ireland’s leading corporate finance advisory house, ranked No 1 financial adviser in Ireland. They provide expert, independent and innovative advice to public, private and semi-state companies, covering a wide spectrum of both domestic and international transactions.

Key Responsibilities:

Global Markets Gain an understanding of client relationship development in the Retail/Business Banking &

Corporate & Institutional domains Provide a professional and unrivalled service to our external and internal customers to

differentiate our offering from our competitors Attract deposit funding from customers Contribute to the successful delivery of sustainable PBT growth within a robust risk

management and control environment Pro-actively monitor and report on existing credit exposures Input into Wholesale Balance Sheet Execution strategies Assist in the structuring and hedging of investment products and liability management

instruments Foster and develop strong working relationships both internally and externally

Cultivate and reinforce relationships with market counterparts Develop and enhance knowledge and experience in the financial markets

Corporate Banking Support the relationship management of a portfolio of domestic and/or international clients Contribute to the evaluation and preparation of credit assessment materials and related credit

processes Assist analysis of complex and major business propositions Involvement in business growth initiatives Leveraging of potential cross-group sales Review of legal and other business related documentation Productive participation in cross-functional projects, initiatives and assignments Completion of administration and adherence to relevant compliance controls as required

IBI Corporate Finance Carry out financial modelling and develop and present appropriate financial solutions to clients Input into and conduct company valuations Assist in advising on merger & acquisition and takeover activity Support the business analysis effort on specific initiatives and/or support the analysis of

complex and major business propositions Proactive involvement in marketing initiatives Be an integral member of the team, involved in client and project team interactions and

supportive of any ongoing initiatives

General Ensure adherence to matters of compliance at all times Self development within the Corporate & Treasury Graduate Programme Prepare and develop appropriate reports and other documentation



Be informed on financial markets and therefore capable of confidently providing views, opinions and solutions to customers

Key Requirements:

Strong analytical, numerical and interpretative skills (aptitude testing will be part of the selection process)

Excellent communication, interpersonal and relationship building skills Strong capacity to analyse business information Strong customer focus with a passion for delivering service excellence and differentiating our

proposition from our competitors’ offerings Strong influencing skills Motivated and performance orientated with a high level of drive and ambition Self-starter with clear and independent thinking and the ability to work on own initiative Proven ability to prioritise and manage a diverse agenda and deliver on challenging objectives

and tight deadlines Strong knowledge of financial markets and products



Documents

Behavioral Competencies Model - Bank of Ireland Co… · Web viewActuarial or Maths related degree essential ... Strong pc skills including Word, ... a third level qualification