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 & UK
Group Supports (HR, Finance, Credit & Market Risk, Audit)
Corporate & Treasury Division
Vacancy Locations:
Ireland & UK
Minimum Requirements:
(Expected or Achieved)
Relevant Primary Degree at 2:1 Level or Masters Degree
Desirable Degree Specialism:
Finance, Mathematics, Engineering, Actuarial, Quantitative Studies,
Arts (e.g. Business, Economics or Finance), Science, Computer Science
Essential Requirements:
Strong Customer Focus
Demonstrate Initiative and Flexibility
Intellectual agility and a willingness to challenge the status quo
High achiever and excellent team player
Strong Interpersonal and Communication Skills
Motivated 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:
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Please fully complete the Application Form and return by email only to gradrecruitment@boi.com
Please quote the Vacancy Reference Code & Graduate Programme name in your email subject title
Candidates may apply for more than one vacancy up to a maximum of three
Aptitude testing will form part of the selection process for all Programmes
Closing Date:
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
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
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:
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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:
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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.
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
Division:
Retail Ireland
Graduate Programme:
Business Banking
Location:
Various, across ROI
Vacancy Reference Code:
RIIR/011/12
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 fastmoving 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.
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
Division:
Retail Ireland
Graduate Programme:
Retail Business Units
Location:
Dublin
Vacancy Reference Code:
RIIR/012/12
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:

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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:
The programme provides a two year comprehensive training calendar
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
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 skills
 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
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
Division:
Group Supports
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:
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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.
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
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.
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
Division:
Group Supports
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
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
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
Training & Development:
The programme provides a two year structured comprehensive training calendar
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
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 & Treasury
The 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 Markets
Global 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 Banking
With 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 Finance
IBI 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
Data Classification: Green
February 2012
Bank of Ireland Futurus Graduate Programme 2012
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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:
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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
Training & Development:
The programme provides a two year structured comprehensive training calendar
Data Classification: Green
February 2012