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: 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 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:
1. Please fully complete the Application Form and return by email only to
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 three
4. 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
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
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 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
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:
· 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
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
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:-
· 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.
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.