Stephen O'Connor

Experienced Finance Team Lead with a Treasury, Risk Management and Capital Markets background | CertBALM® | Chartered Accountant

Dublin, County Dublin, Ireland

About

Over 20 years of experience in the financial services sector with 11 years as a member of the UBIDAC Treasury Leadership Team cultivating an expertise across multiple treasury disciplines. A versatile leader that thrives in a dynamic and collaborative environment, leveraging a diverse skill base and perspectives to enhance the team's performance and culture. An effective communicator, proficient in engaging with senior management, regulators and presenting to various committees including UBIDAC ALCo and Board. A qualified accountant with a proven track record of delivering high standards of service, implementing improvements and taking ownership over key projects* in various roles. Skilled in managing team deliverables and coaching, with a strong treasury knowledge applied to manage complex financial risks and deliver optimal solutions. *Key project successes include: BancWare ALM System Implementation, Developing Non-performing Loan and Capital Hedging Strategy, Mortgage Basis Swap initiative, FTP methodology enhancement, Centre Income modelling improvements, Liquidity Regulatory Reporting and Stress Testing Requirements and most recently a Cost of Funds Rate process simplification project.

Experience

  • SVP - Financial Risk, Citibank Europe at Citibank Europe
    Jul 2025 - Present · 1 yr

  • Liquidity Reporting Consultant at Albany Beck
    Jun 2024 - Jun 2025 · 1 yr 1 mo

  • Ulster Bank (Full-time · 17 yrs 1 mo)
    • Team Lead: Cost of Funds Rate Management
      Oct 2022 - Jan 2024 · 1 yr 4 mos

      Management of the cost of funds rate to devise an approved process for adapting the Cost of Funds methodology for changes in the balance sheet as a result of the UBIDAC phased withdrawal. Delivery of the weekly Cost of Funds Rate outputs used for customer pricing. Monitoring and challenging of key indicators through weekly MI and presentation to UBIDAC ALCo Committee on a monthly basis.

    • Head of Liquidity Management
      Apr 2018 - Oct 2022 · 4 yrs 7 mos

      Managing review and delivery of the suite of liquidity reporting requirements that includes daily liquidity reports for the CBI/ECB and the PRA. Development of Funding and Liquidity strategy, production and presentation of annual ILAAP process, intraday liquidity management, liquidity and funding policy management, proposing risk appetite levels and liquidity contingency planning.

    • Head of Portfolio Management
      Jan 2013 - Apr 2018 · 5 yrs 4 mos

      Extension of Head of Interest Rate Risk Management role to include additional responsibilities; Oversight of FTP process (methodology, policy and reporting area) and also the management of the Centre Income process (review and forecast activities for both base case and stress case outlooks).

  • Senior Assistant Manager at PwC Ireland
    Oct 2002 - Oct 2006 · 4 yrs 1 mo

    Managing audit engagement teams and depending on client, reviewing financial statements and drafting reports to company management identifying weaknesses in the company’s systems and controls and making recommendations for their improvement.