Nama Jobs

Jobs at NAMA

NAMA Ireland – the National Asset Management Agency is part of the   National Treasury Management Agency (NTMA)

The latest NAMA job vacancy

Job Title NAMA Finance – Management Reporting Accountant

Job Type Contract – Fixed Term

Location Dublin 2

Salary Not disclosed

The National Asset Management Agency (NAMA) was established by legislation in November 2009. It operates under the aegis of the NTMA.

Capita Asset Services (“Capita”) was appointed by the Agency as “Master Servicer” in March 2010. In accordance with its contract, Capita provides the Agency with financial information on the Agency’s acquired loans, based on data provided to it by the five Participating Institutions.

The NTMA Finance Directorate has established a specialist NAMA Finance Unit to support the development of NAMA.

The NAMA Finance Unit is responsible in conjunction with NAMA’s Master Servicer for financial reporting and accounting in respect of NAMA and its related Special Purpose Vehicles (SPVs).

The NAMA Finance Unit is also responsible for the development and analysis of management information. Such information includes information provided to the Minister for Finance, the NAMA Board, the CEO of NAMA, the senior executive team in NAMA.

NAMA are seeking to appoint a Management Reporting Accountant to join the specialist management reporting team for NAMA on a 6 month fixed term contract.

The ideal candidate will :

* Be a qualified or partly qualified accountant

* Have a background in financial services, gained through a professional auditing firm, or a through an accounting role in a financial services organisation. Experience of banking and commercial lending, would be advantageous.

* Have experience in the development of management information, budgeting and performance analysis.

* Have excellent analytical, communication and interpersonal skills

* Have initiative and good organisational skills.

* Have the ability to adapt to the position quickly and demonstrate the ability to work as part of a team.

* Have excellent computer skills and competency in office applications (MS Office, Excel)

* Have experience of data warehouses and business intelligence reporting tools.

* Have experience in systems implementations, including definition and specification of business requirements and specification of systems changes and user acceptance testing.

See all the latest  NAMA vacancies here

NAMA still hiring

NAMA was set up after the April 2009 Budget  – but they are still taking on new staff.

One of the latest job vacancies is for a Treasury Analyst to assist in the analysis of the NAMA Balance Sheet .
This job will including monitoring of asset and liability profile and derivative exposures. Reconciliation and valuation of positions and interaction with other NAMA units in accordance with Risk strategy and overall NAMA objectives

They are looking for people with these  Qualifications, Knowledge and Experience :

A proven track record in Treasury Front Office or Treasury Risk Department, with at least 5 years experience

Third level qualification in Finance and Business or equivalent.

A proven track record in accordance with Statute 42 (2) and (3) of the National Asset Management Agency Act 2009

An ability to critically analyse and evaluate risk

Proven track record of achievement and ability to effectively manage new demands in a changing environment

Strong interpersonal skills

Effective team player

Ability to manage and execute multiple tasks within set deadlines

Full details and more NAMA jobs here

NAMA Vacancy for Operations Accountant

Operations Accountant – NAMA

Job Description:

The NTMA Finance Directorate is establishing a specialist NAMA finance unit to support the development of the financial reporting and accounting, and control framework for NAMA.

The NAMA finance unit will be responsible in conjunction with NAMA’s Master Servicer for financial reporting in respect of NAMA and its related Special Purpose Vehicles (SPVs).

In addition the NAMA finance unit will also support the development of financial reporting and information systems to support NAMA’s financial reporting, as well as the implementation of accounting and control procedures to ensure the accurate accounting for transactions by NAMA.

Initially the NAMA finance unit will consist of a team of three, including the Operations Accountant. The Operations Accountant NAMA will report initially report to the NTMA Financial Controller.

Amongst the requirements are :

. A professional qualification in accountancy with a minimum of three years relevant post qualification experience in an accounting or management reporting role.

· A background in financial services, gained through a professional auditing firm, or a through an accounting role in a financial services organisation.

Full Details

More Jobs at NAMA

Another new job vacancy at NAMA :

Treasury Analyst

Job Summary

Assist in the analysis of the NAMA Balance Sheet including monitoring of asset and liability profile and derivative exposures. Reconciliation and valuation of positions and interaction with other NAMA units in accordance with Risk strategy and overall NAMA objectives

Key Result Areas

Balance Sheet Management

Assist the Senior Treasury Manager in monitoring the NAMA Balance Sheet and analysis of hedging scenarios.

Risk Management

As a member of the Treasury team, participate fully in indentifying risk, and ensure that the business operates within risk parameters as set down by NAMA Risk Committee and or NAMA Board.

Relationship Management

Manage and enhance relationships with key internal and external partners particularly in relation to execution of market transactions.

Principal Duties

Balance Sheet Management

· Analysis of various asset and liability strategies to manage the NAMA Balance Sheet

· Support the Treasury Team in setting the pricing of NAMA assets and liabilitie

· Prepare cash flow analysis and projections of liquidity and funding requirements

Risk Management

· Develop Treasury risk management reports to monitor and identify risks and opportunities

· Prepare valuation reports on customer and market derivatives exposures

· Liaise with NTMA Treasury team and NAMA Credit Risk and Lending Teams to ensure positions are reconciled in a timely manner

· Produce and assess management information highlighting key issues for action

Relationship Management

· Work closely with other NAMA Divisions in delivering robust risk assessment

· Work closely with NTMA Dealing Desk on NAMA requirements, trade execution

· Work closely with both internal and external partners where necessary

More details and application forms

Another Job at NAMA – Legal Advisor

With all the convoluted loans and deals in the Irish property market – the role of legal advisor at NAMA could be a stressful one .

Job Title :  NAMA Legal Advisor – Banks

Job Type Contract – Fixed Term

Location Dublin 2  -Salary Not disclosed

Job Summary:

To assist in the legal due diligence process of loans and security to be aqquired by the National Asset Management Agency

Principal Duties:

To review and advise on due diligence materials submitted by Participating Institutions and NAMA legal advisers with particular focus on facility documentation and security issues.

To assist the legal team in its security review of borrower exposures.

Personal Specification:

* be a solicitor or barrister qualified to practise in Ireland

* have at least 2 years’ relevant PQE in commercial property lending either in a financial institution or in a leading law firm

* be fully suitable in accordance with Section 42 (2) and (3) of the National Asset Management Agency Act 2009

* have excellent technical knowledge in secured property lending

Skills & Competencies

* ability to quickly understand key business issues and operational objectives

* an effective and confident communicator of complex messages (written and verbal) to both internal and external audiences

* good interpersonal skills and a positive team member

* commercially minded, decisive, highly organised and principled

* ability to handle multiple projects simultaneously, deal with conflicting agendas and meet deadlines

More details Here

NTMA Risk Analysis Post

Senior Risk Analyst

Job Type Full-time -Location Dublin 2

Salary Not disclosed

Job Specification for Risk Management Unit

Role: Senior Risk Analyst

The NTMA seeks to recruit a senior risk analyst, ideally a quants person with an appropriate Masters degree and at least 2 years experience in complex valuations and econometric modelling, to work with a small, focussed team on the following areas of debt management and asset management:

* Valuation of complex/illiquid products;

* Performance measurement and attribution;

* Risk monitoring and analysis – Value at Risk, Cost at Risk;

* Economic analysis;

* Financial/economic modelling and forecasting;

* Scenario/stress testing;

* Quantitative analysis;

* Data/statistical processing;

* Ad hoc analytical/research support to the Risk Unit, other NTMA business units and external agencies.

Analyst required to have:

* Experience in valuing complex and/or illiquid products and an understanding of accounting implications;

* Experience in measuring and managing counterparty credit risk;

* A good honours postgraduate degree in the areas of Mathematics, Economics, Finance, Treasury or Business;

* At least two year’s relevant experience in the financial services industry;

* A high level of numeracy and articulacy with strong analytical and PC skills – especially Excel, Access and VBA;

* Thorough working knowledge of Bloomberg is essential;

* Excellent communication skills;

* Attention to detail and adaptability;

* The ability to work as part of a team as well as the ability to work on own initiative.

APPly Here

NAMA Internal Auditor Job

NAMA are recriting an Internal Auditor

Role

The role is to assist the Head of Control in the undertaking of internal audit responsibilities across all NTMA business functions.

Key Duties & responsibilities

These include;

1. To provide an independent evaluation of, and opinion on, the various products, processes, systems and controls within the organisation as assigned and detail any required remedial action where weaknesses are identified.

2. To contribute on an ongoing basis to the organisation by promoting a control conscious environment, advising on changes in procedures, systems and controls and undertaking related tasks.

3. To evaluate the audit programmes for existing businesses

4. To develop audit programmes for any new business or processes.

5. To complete assigned Audit reviews as per the Internal Audit Plan in an effective, efficient and timely manner.

6. To liaise with the external auditor (Comptroller & Auditor General)

There are currently 5 distinct businesses within the remit of the NTMA.

1. National Debt

2. National Pensions Reserve Fund

3. State Claims Agency

4. National Development Finance Agency

5. National Asset Management Agency

Audit committees (consisting of non executive Directors and other external members) have been established to oversee the internal controls and other operational issues relevant to these businesses and the Head of Control and his team are required to review and report on matters as determined by these Committees.

Reporting Line

The appointee will be a member of a five person team and along with the existing team members will report to the Head of Control who reports directly to the Chief Executive and, as indicated above, to the Audit Committees.

Person Specification

The job holder is likely to be a qualified accountant with experience of auditing, ideally in complex financial organisations.

Skills and Competences

The successful candidate will be a qualified accountant, self-starter, highly motivated and capable of working on own initiative. He/She will have good communication (written and oral) skills and strong interpersonal skills. Ideally, he/she will have some exposure to either banking, funds, corporate finance or claims/insurance business.

See More Details and Apply Here

NAMA HR Admin Job

Job Ref HR Admin – Jan 2010

Job Title HR Administrator

Job Type Full-time

Location Dublin 2

Salary Not disclosed

Description:

HR Administrator, Human Resources Department, NTMA

Role: To provide a comprehensive HR support to the HR team

Key responsibilities will include:

· Co-ordination of Recruitment and Selection Process for NTMA and its various businesses – viz. the National Pensions Reserve Fund, the National Development Finance Agency, the National Asset Management Agency and the State Claims Agency.

· Maintenance of HR database

· Maintenance of HR Employee files

· Recruitment of junior and middle level hires

· Recruitment of temporary staff as and when required

· Administration of VHI Health Insurance Scheme

· Administration of Defined Benefit and Defined Contribution Pension Schemes

· Drafting and production of contracts of employment

· Assisting with drafting/implementation of HR policies

· Liasing with managers, staff and external representatives regarding HR activities

· Acting as Secretary, Health & Safety Committee

· General Admin & Project Duties as assigned from time to time

Qualification & Skills: The successful candidate will have:

· Minimum of 2 years experience working in a Human Resources area

· A professional HR qualification and a member of the CIPD

· Excellent communication, organisational and interpersonal skills

· Strong PC skills (Microsoft Word, Excel and PowerPoint) with a keen attention to detail.

· Ability to command credibility and confidentiality with all staff.

More Details and Application Form Here