Financial services business FinTrU is creating 160 new jobs in Belfast over the next five years.
The London-based company provides outsourced knowledge services, including financial regulatory reporting, compliance and legal services, to investment banks and other financial institutions. It established its Belfast centre of excellence in 2014, recruiting 80 staff in supervisory, associate and graduate posts.
This latest expansion will see the business recruit 60 experienced roles and 100 graduate roles by 2021 to support its continued growth.
Welcoming the investment, Invest NI’s CEO Alastair Hamilton, said: “FinTrU is an ambitious enterprise with aggressive expansion plans and this recruitment drive underlines its confidence in Northern Ireland as an investment location.
“The 160 new roles to be recruited over the next five years will generate £4.2million annually in additional salaries and provide valuable jobs opportunities for graduates from a range of disciplines.
“The company is a strong contributor to our vibrant Financial Services sector and is reaping the benefits of our knowledgeable and engaged talent base to leverage growth opportunities in its key markets.
“FinTrU’s recent renovation work at its Belfast headquarters highlights a long term commitment to Northern Ireland and the employment and training support from government will enable the company to go from strength to strength.”
FinTrU has recently relocated its Belfast headquarters to FinTrU House, a 17,600 sq ft three storey building in the Gasworks area, which it has refurbished into high spec office space. The company has been offered over £1.5m of government support towards the recruitment of the new jobs and a pre-employment training programme.
“The supply of talent in Northern Ireland, particularly at graduate level, is impressive and, coupled with the support from Invest NI and Assured Skills, it makes this region a highly attractive location to grow our company.”- Darragh McCarthy, FinTrU’s Chief Executive Officer
Commenting on the growth plans, Darragh McCarthy, FinTrU’s Chief Executive Officer said: “We are delighted with progress to date at our Belfast centre of excellence and indeed completed the recruitment of our 80 strong workforce nine months ahead of schedule.
“The continued impact of increased regulation and the ongoing emphasis on cost reduction within the Financial Services sector is creating scope for us to expand our client base. This expansion will allow us to put additional resources in place to grow our service offering and capitalise on these business opportunities.
“The supply of talent in Northern Ireland, particularly at graduate level, is impressive and, coupled with the support from Invest NI and Assured Skills, it makes this region a highly attractive location to grow our company.”