Role Title: Corporate Development Analyst
Location: Molesworth Street / Hybrid
This role is being offered on a permanent basis.
Do you want to further your enterprise development career?
Would you like to work in a project team in the assessment of M&A opportunities?
About the Role:
Corporate Development is AIB Group’s (the “Group”) function for completing M&A transactions in line with the Group’s strategy.
The Team is responsible for originating, assessing, evaluating, and negotiating M&A transactions.
The Team co-ordinates the due diligence process of the Target assets/business and presents the findings for approval to the relevant decision authority (i.e., Executive Committee and / or Board).
Recently, the Team has led the following key strategic transactions for the Group:
Acquisition of Goodbody Stockbrokers
Acquisition of the €4.2bn performing corporate and commercial loan book from Ulster Bank
Acquisition of the €5.7bn portfolio of performing tracker mortgages from Ulster Bank
Joint Venture with Canada Life / Great West Life Co.
The Team works closely with a number of internal stakeholders including Group Legal and Group Risk to ensure legal, regulatory and compliance policies are adhered to.
In addition, constructive engagement is required with numerous other internal departments (depending on the nature of the transaction) including Accounting, Tax, Treasury, Capital Markets, Retail, Investor Relations and Communications.
Transactions / mandates can be both organic and inorganic.
A successful candidate will assist the Team in assessing new opportunities (undertaking financial analysis, drafting presentations) and managing the day-to-day execution of transactions. They will also assist in manging the co-ordination of the due diligence.
What you will bring:
Proven and relevant technical experience in corporate finance / transaction services
Analytical / financial modelling background with numerical reasoning
Strong presentation and report writing skills.
Positive mind set and proactive attitude with high levels of initiative and excellent attention to detail.
High level of commercial awareness with proven track record of delivering against challenging objectives and timelines.
We’re looking for someone who can:
Play an active role within a multi-disciplinary internal project team in the assessment of M&A opportunities.
Support the Team to follow robust due diligence processes to assess risk / return probabilities for new acquisitions, investments, and joint ventures.
Co-ordinate / prepare investment approval papers, briefing memos, presentations etc. as required for transactions.
Build trust and co-operation by two-way engagement with internal and external stakeholders who will assist with due diligence and legal agreements required to complete transactions.
Assist with identifying pipeline of opportunities.
Support the team in communication of the Team’s strategy, priorities, and decision-making process.
Life at AIB
At AIB, we have a clear purpose - to back our customers to achieve their dreams and ambitions. We want to be at the heart of our customers’ financial lives by giving them an exceptional experience. That goes for our employees too.
We are building a culture that breaks the conventions of what our customer and employees expect of a bank.
We are committed to offering our colleagues choice and flexibility in how we work and live. Our hybrid working model enables our people to balance their time between working from home and their designated office, subject to their role, the needs of our customers and business requirements. More details on our hybrid working arrangements and expected office attendance for your role will be provided to you during the recruitment process.
AIB is an equal opportunities employer, and we pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard for Diversity and Inclusion. We work to ensure that AIB is a place where diversity is welcome, everyone can thrive, and inclusion is a universal experience. Our working environment is one in which talented individuals of all backgrounds can realise their full potential, enjoying rewarding careers in the service of our customers.
If you feel you have what it takes, click apply and fill in the online application form. If you would like more information or have any special requirements or needs that would support, you during the recruitment process then please contact the Talent Acquisition Team at careers@aib.ie
By when? Closing date is Friday 19th May 2023
Disclaimer:
Unsolicited CVs sent to AIB by Recruitment Agencies will not be accepted for this position. AIB operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our recruitment partners
