Corporate Markets

We appreciate that in addition to having working capital and financial needs, entrepreneurs and business start ups require easy access to people and services and a support network of advisers to guide the business through its life stages.

In Corporate Markets We have a strong culture of fostering new enterprise and supporting innovative new businesses from seed to success. We recognise that every business, like every individual, is unique and so we strive to create the ideal business banking package to suit each new business venture's particular needs. That's why our people in Business Banking have a range of skills and services to offer. This division provides great opportunities to get involved in supporting exciting new ventures with roles in lending, banking, investment and customer service.

Property Unit

The Property Finance team finances some of the largest property developments and investments in Ireland. The team has both the experience and specialisation needed to serve customers who operate in the property sector. They are also able to provide a nationwide service through the branch network, calling on the services of our property experts located throughout the country when needed.

We also have access to the property skills of our parent bank, Royal Bank of Scotland Group, which is one of the leading property financiers in the UK market.

Business Centre Teams

The Business Centre team is made up of experienced business lenders and service specialists operating through a network of Business Centres conveniently located throughout the island of Ireland. They work with business customers of all stages - those whose companies need money or have it to invest and those whose businesses are just beginning to grow or are already well established.

Dealing directly with customers, prospective customers, or their accountants the Business Centre teams provide advice and support on the full range of Ulster Bank services. These include business development funding, deposits, owner and staff banking packages and other business services.

Commercial Services

Our commercial service providers are specialists in working capital financing. Many highly profitable companies can incur severe liquidity problems due to lack of working capital - our commercial services team can help with a tailored solution relevant to a specific customer's need to tackle a cash crisis.

The team includes business development, credit banking and administrative specialists who sell to customers, evaluate customer processes and deliver solutions. They are responsible for building a reputation for service excellence, meeting targets and objectives and positioning our bank as the provider of choice in this area.

Business and Corporate Banking Support

This unit delivers a wide variety of administrative, procedural, compliance, legal, branch and business management support services.

Supporting the customer facing parts of the business this unit has several specialist teams including: Loan Administration; Client Services; Legal and Documentation Support; Lending and Branch Based support; and Business Management.

Specialised Finance

This department is made up of several distinct teams including: Tax Based Structuring; Outsourced Treasury; Client Services; International Lending; Leasing; and International Lending & Leasing. It engages in a wide range of structured finance activities including:

• Domestic and cross border structured finance, typically involving tax aspects for the bank, the bank's customer or both.
• International lending and leasing, both for the Ulster Bank balance sheet and the wider RBS Group.
• Outsourced treasury, administration and portfolio management services for third party clients.

Payments & International Banking Services

This unit is responsible for all of our international payments, domestic payments and the maintenance of international accounts for the Island of Ireland. It operates in several distinct teams:

• Payment Support - This team deals with the receipt and verification of all domestic and foreign payment application forms from customers, branches and business centres.
• Money Transfers - The processing of domestic euro payments received via International Cash Management and Servicelink from customers is taken care of by this team.
• Inward / Outward Payments - These two team are responsible for processing of all inward / outward International payments to and for customers, by the most effective means possible and with the minimum of charges being incurred by both the applicant and beneficiary.
• International Accounts - This team operates currency accounts (frequently called Hold Accounts) for business or private customers who choose to maintain their funds in a foreign currency.
• Treasury - Sales - These professionals service a large volume of the top corporate, business and high net-worth individuals throughout the whole of Ireland. They are increasingly recognised for their innovative flair in a highly competitive and ever-changing treasury market. The Treasury product range includes:
  • Spot and Forward FX
  • Foreign Exchange
  • Structured Products
  • Interest Rate Derivatives
  • Deposits Money Market Funds
  They also provide a full range of market focused research by Internet and e-mail, both from our Financial Markets teams and from the extensive resources of our parent, Royal Bank of Scotland. Bespoke research is provided for our customers and the team's economist is regularly invited by the media to comment on market related issues.
• Treasury - Money Markets - The core function of our Money Markets Desk is to manage our Group funding requirements. This involves funding the corporate loan book, servicing our net requirement on the Retail side and taking deposits from clients. With a dynamic and experienced team, they manage the resulting interest rate exposure, and aim to maximise income generation. They are also responsible for maintaining compliance with the Group's operational liquidity policy.
  • Wealth
  • Invoice Finance
  • Capital Markets
  • Operations

Wealth

Ulster Bank Wealth are specialists in the Preservation, Enhancement and Generation of wealth, providing a unique service unparalleled in Ireland.

What makes us different - what makes us special - is the deep expertise, knowledge and global resources we can provide in conjunction with our parent bank RBS and our private banking partners at RBS Coutts.

Our starting point is always an holistic overview of a client's needs and life considerations to ensure that the right strategic solutions and investment opportunities are put in place to build and strengthen their wealth.

At Ulster Bank Wealth you get more than a financial banking service: You get a partner who will deliver the highest level of innovation and dedication required to achieve your financial goals now and in the future.

Ulster Bank Wealth, Expect something unique

Invoice Finance

Invoice Finance provides clients with flexible working capital facilities designed to assist them in the expansion of their business, finance growth or fund acquisitions. As sales grow, so too does their access to funding. Our range of practical and increasingly popular funding solutions, Invoice Discounting and Supply line, can assist clients in achieving efficient day-to-day cash flow management and present opportunities for companies to avail of early payment discounts.

Capital Markets

Capital Markets, working very closely with our colleagues in RBS, provides Ulster Bank's customers with best-in-class interest rate and foreign exchange hedging products, structured investment and deposit products. Our Structured Credit Markets team develops bespoke asset finance and investment solutions and provides agency treasury services to multi-national customers with Dublin based treasury operations. Our Money Markets team manages the Bank's funding and liquidity requirements and provides our customers with a tailored deposit pricing and management service.

Operations

Our aim is to work pro-actively with the Front Office units to put in place a consistent, professional support structure for all areas of our business. We will review structures to increase efficiencies between front office and back office units and reduce administration aspects of Front Office roles. We will build on our existing expertise to ensure that we fully understand the future plans for the business which will enable us contribute fully to the achievement of the Corporate Markets vision.