Tuesday 21 January 2020

US bank set to announce 'hundreds' of Irish jobs

Citi Bank could look to grow numbers at its Irish base in North Dock, Dublin. Photo: Bloomberg
Citi Bank could look to grow numbers at its Irish base in North Dock, Dublin. Photo: Bloomberg

Sean Pollock

Citigroup, a US bank which employs around 2,500 people in Dublin, is set to announce hundreds of new jobs in the capital as part of a major global hiring plan.

The multinational company confirmed it plans to recruit 2,500 programmers this year across its unit which houses traders and investment bankers.

Citigroup, which already employs 23,000 technology specialists globally, said the new roles will be filled across a number of its most important locations, including London, New York, Shanghai, Toronto, Tel Aviv, Pune and Chennai in India, Florida and Dublin.

A spokeswoman told the Sunday Independent that the banking giant expects hundreds of the new roles to be based in Dublin.

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She added that the business had not yet produced an exact breakdown of the jobs per country.

According to Citigroup, the new technologists will be hired in its Institutional Clients Group business.

They will be expected to develop applications and technology solutions that support pricing, trade processing, risk management and electronic trading for millions of trades daily.

Technologists will also develop applications that help process transactions and overhaul the bank's global payments processing infrastructure.

Sunday Indo Business

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