Investment Manager

Role Profile Job title Investment Manager - Scaling Businesses Division Ireland Strategic Investment Fund Reports to Senior Investment Director - Scaling Businesses Job Family Investment Career Stream Professional / Specialist Career Zone Professional Contract 12 Month FTC Closing date for applications 02/12/25 Summary of the Business The National Treasury Management Agency (NTMA) provides asset and liability management services to the Irish Government. It has evolved from a single function agency managing the National Debt to a manager of a complex portfolio of public assets and liabilities. Businesses managed by the NTMA include borrowing for the Exchequer and the management of the National Debt, the State Claims Agency, the New Economy and Recovery Authority (New ERA), the Ireland Strategic Investment Fund (ISIF), and the National Development Finance Agency. The NTMA also assigns staff to the National Asset Management Agency (NAMA), the Strategic Banking Corporation of Ireland (SBCI) and Home Building Finance Ireland (HBFI). Working at the NTMA offers excellent benefits including: Flexible work options including remote working and variable work hours An extensive wellbeing programme Excellent learning and development opportunities that allow for full career development within the organisation A diverse range of initiatives: LGBT+, Gender Matters, Disability Awareness, Sports & Social, Volunteering and lots more Reimbursement of annual professional membership fees Defined Benefit Pension Scheme The Ireland Strategic Investment Fund sources and completes investments on a commercial basis in a manner designed to support economic activity and employment in Ireland. This dual objective, commercial return & economic impact, is known as our double bottom line. ISIF's strategy focuses on making transformational investments across its impact themes of; Climate, Housing and Enabling Investments, Scaling Indigenous Businesses, and Food and Agriculture. See for more detail. The Scaling Businesses team is responsible for one of ISIF's four core impact themes. It is a key part of the overall team that manages ISIF's assets and drives our double bottom line impact. Its portfolio of responsibility is wide and varied and the team's performance, economic impact and risk characteristics make a significant contribution to those of the total ISIF portfolio. The Scaling Businesses team's goal is to support the growth and scaling of Irish companies across all sectors and all stages of growth with appropriate funding options. It executes against this goal by: Making direct investments in ambitious companies with characteristics that will deliver both aspects of ISIF's double bottom line mandate. Making commitments to fund platforms, including venture capital, private equity and private credit, that can similarly support the growth and scaling of Irish companies. The capital invested by the Scaling Businesses team is differentiated by its long investment horizon, the flexibility with which it can be structured, and its ability to fund larger transactions. Flexibility and adaptability are core tenets of team, noting the highly bespoke nature of many of its activities. Role Summary The Investment Manager role sits within the Scaling Businesses team and reports to the Senior Investment Director. It will have a high level of investment exposure from the outset. The successful candidate can expect to work on many types of transactions ranging from direct equity investments in scaling companies, to making and structuring investments in venture capital, private equity and private credit are expected in multiple sectors including technology, life sciences, fintech, business services, and manufacturing, amongst others. Prior experience in any/multiple of these sectors is an advantage, and/or an aptitude and ability to rapidly orient in a new sector as and when required. The Investment Manager's role involves leading on significant components of a particular transaction, working with other analysts, managers and directors. This may involve any or all of the elements involved in managing an investment throughout its' full lifecycle from origination, to investment structuring, negotiation, diligence and deal completion. It may also include involvement in post-closing elements involved in managing a diverse portfolio of investments until eventual exit. All of this occurs in an environment with multiple internal and external stakeholders where strong project management and communications skills are imperative to delivering successful outcomes. Recognising the dynamic nature of the ISIF mandate, many of these responsibilities may change in relative importance in response to market conditions over time, and the successful candidate will be required to remain flexible to potentially apply their skills to other types of investment, outside of their core areas of responsibility, from time to time. The Investment Manager will demonstrate a strong mix of technical, commercial and financial proficiency, backed up with 6+ years of experience in private equity, corporate finance, investment banking, family office or similar environment. Principal Accountabilities The Investment Manager will be required to: Exhibit best-in-class commercial analysis, as well as adherence to ISIF's legal, risk, economic impact and ESG requirements. Deliver significant elements of new transactions as well as various portfolio management activities. Support negotiations with a wide range of third parties. Set scope of analysis, organising external advisors as required while project managing investments through the ISIF Investment process and working with all relevant stakeholders. Produce very high quality and impactful papers and presentations. Communicate with impact and clarity at senior levels to internal and external stakeholders. Contribute to origination activities that identify appropriate transactions that can deliver commercial return and economic impact. Work efficiently and constructively with other Investment Analysts, Managers and Directors across the full range of the Fund's investment activities. Contribute to on-going process improvement initiatives. Maintain flexibility to adapt in recognition of the dynamic nature of ISIF's activities. Skills Experience structuring and managing debt and equity investments, as well as familiarity with fund structures. Prior exposure to different sectors, with an ability to rapidly become knowledgeable in a new area as required. Familiarity and / or interest in the life sciences sector will be particularly differentiating. Strong communication skills - written, verbal, presentation, persuasion - and comfortable interacting with senior counterparties. Competent negotiator. Diligent, high attention to detail, self-motivated, a clear and independent thinker. A flexible team player. Personal characteristics of integrity, discipline, curiosity and resilience. Knowledge The ideal candidate will: Have a third level degree in a relevant area - finance, accounting, economics, engineering, or equivalent. An advanced degree and/or professional qualification is also helpful. A candidate that exhibits a background in the life sciences / medical / research sector, combined with relevant business and commercial acumen would be significantly differentiated. Demonstrate experience in corporate finance to include structuring equity, debt and fund investments as well as other related areas. Have 6+ years of relevant experience. Pension Abatement If an appointee has previously been employed in the Civil or Public Service and that appointee is entitled to or in receipt of a pension from the Civil or Public Service or where a Civil/Public Service pension comes into payment during the appointee's re-employment that pension will be subject to abatement in accordance with Section 52 of the Public Service Pensions (Single Scheme and other Provisions) Act 2012. Please note: In applying for this position, you are acknowledging that you understand that the abatement provisions, where relevant, will apply. It is not envisaged that the employing Department/Office/Body will support an application for an abatement waiver in respect of appointments to this position. Applicants will be required to complete a pre-employment declaration to confirm whether they have previously availed of a Public sector pension scheme. The NTMA is proud to be an equal opportunities employer. We recognise that a diverse and inclusive workplace informs better decision making, creative thinking, innovation and drives business performance. We are strongly committed to ensuring that our workforce is representative of our society. The NTMA is proud to be an equal opportunities employer. We recognise that a diverse and inclusive workplace informs better decision making, creative thinking, innovation and drives business performance. We are strongly committed to ensuring that our workforce is representative of our society. To be considered for this role you will be redirected to and must complete the application process on our careers page. To start the process click the Continue to Application or Login/Register to apply button below.