Tuesday 23 January 2018

Jobs buoyant in banking and financial services

The banking and financial services industry is widely expected to experience a post-Brexit jobs bounce.

There is no need for job seekers to wait, as there are plenty of jobs available in the sector right now, says Orla Moran, General Manager of IrishJobs.ie.

“The banking and financial services sector has consistently been one of our strongest job sectors. 15 of the world’s top 20 banks now have operations in Ireland and recruitment is thriving with firms looking for experienced candidates for a range of roles including compliance, audit and risk management.”

The IDA Ireland recently confirmed significant investments in the financial services sector in the first half of 2017, with over 15 global financial institutions announcing their intentions to set up or expand their operations in Ireland since the start of the year.

Certainly announcements about growth and enhancements have been coming thick and fast this year. JP Morgan has bought a new office in Dublin with capacity for 1,000 employees which will double its current payroll here. Bank of America chose Dublin as the preferred location for its principal legal entities while, in June, Northern Trust revealed plans to create an additional 400 new jobs in Limerick.

IDA Ireland’s CEO Martin Shanahan is optimistic that even more banking and financial jobs are on their way to Ireland.

“IDA Ireland is actively working with financial services firms to make them aware of the many advantages there are to doing business here in Ireland. We expect the flow of announcements to continue over the course of the next few months, albeit, they will be hard won.”

The good news for job hunters is that there is no need to wait. Many of the world’s biggest names in banking and financial services are actively recruiting. Here’s just a snapshot of some of the companies recruiting on IrishJobs.ie.

State Street

State Street is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. With offices in Dublin, Drogheda, Kilkenny and Naas, State Street is proud to be one of the country’s largest providers of custody and administration services. To see current career opportunities with State Street click here.

JP Morgan

J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. The US investment bank can trace its roots in Ireland back to 1919, and is now one of the largest providers of custody and administration services to the country’s funds. In May this year JP Morgan acquired a 130,000sq ft building in the heart of Dublin’s docklands which will provide the bank with the capacity to double its Irish work force to 1,000. To see current career opportunities with JP Morgan click here.

Citi

Citi is one of the world’s leading financial institutions, with 340,000 employees located in over 100 countries serving more than 200 million clients. Citi was one of the first international banks to set up a branch in Ireland with a continuous presence here since 1965. With the opening of the Dublin service centre in 1996 the bank has grown from strength to strength and is now the largest foreign bank in the country with over 2,000 employees in North Wall Quay, IFSC and Georges Quay, Dublin 2. To see current career opportunities with Citi click here.

Citco

The Citco Group is a worldwide group of independent financial service providers, comprised of international banks, trust and fund services companies. Citco has four companies in Ireland - Citco Bank Nederland, Citco Fund Services, Citco Global Securities Services and Citco Technology Management Ireland. With offices in both Cork and Dublin, the group now has approximately 900 employees based in Ireland. To see current career opportunities with Citco click here.

Willis Towers Watson

The Towers Watson and Willis group of companies is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. Willis Towers Watson has 39,000 employees in more than 120 territories around the world. The company employs over 550 people in Ireland with offices in Dublin, Belfast, Cork, Limerick and Galway. In February this year the company announced plans to create 40 new jobs in asset management services in Cork. To see current career opportunities with Willis Towers Watson click here.

To see all current jobs on IrishJobs.ie in the Banking and Financial Services sector click here.

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