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Jack O’Mahony, Business Analyst, Avolon

Jack O’Mahony, Business Analyst, Avolon

Bachelor’s Degree in Commerce & Finance (UCD), MSc Aviation Finance and Leasing (UCD Michael Smurfit Graduate Business School)

What are the core tasks of your current role?

The function of Avolon is to purchase aircraft directly from the manufacturers, Airbus and Boeing, which we then lease to airlines. In my role as a Business Analyst on the Pricing team I participate in deal teams within the company for aircraft transactions, which include acquisitions, sales, placement and the marketing of aircraft, along with capital gains and transactions. The Pricing team’s main task is to analyse the economics of each transaction and present our findings in order for the business to be able to compare deals and make decisions.

What route did you take to your current position?

I completed a Commerce undergrad but I didn’t want to go down the typical Finance/Accountancy route. I knew I wanted to take a Masters but I wasn’t entirely sure of my preferred sector. When I came across the Aviation Finance Masters I began to research the industry and discovered how big it is and how quickly it’s growing, especially in Ireland. I knew then I wanted to be involved in such a dynamic, fast-paced industry. I took an internship with Avolon, but it really didn’t feel like I was an intern, rather that I was a Business Analyst just like the others. Six months into my internship a position became available, which I successfully applied for. 

What would you say to anyone considering a career in this sector?

It’s a job that involves a lot of analytical and quantitative problem solving, so you need to be able to produce accurate analysis in a quick and timely manner. It’s a fast-paced environment where you never really know what’s going to happen, but that variety is what I love most about my job. No two deals are the same. Each transaction has its own complexity, so you’re not doing the same thing over and over. It really makes you think on your feet. Avolon is a global company with offices in Hong Kong, Singapore, New York, Miami and Dublin, so as we work across different time zones, time management is important. We do a lot of financial modelling, so Excel skills are also important, in addition to a capability to grasp a quick working knowledge of other bespoke software systems.

#FYI Jack O'Mahony, Business Analyst, Avolon