Belfast Telegraph

160 well-paid jobs in the pipeline at financial services firm FinTru

By Margaret Canning

Financial services company FinTrU is crating 160 jobs in Belfast over the next five years, each paying an average of £26,250.

The London-based business carries out financial regulatory reporting, compliance and legal services outsourced by investment banks and other financial institutions.

It set up in Belfast in 2014, recruiting 80 staff in supervisory, associate and graduate posts.

The business has now announced it will be recruiting another 60 experienced staff and 100 graduate-level workers by 2021 to support growth.

The company recently moved to a new three-storey office at the Gasworks in the south of the city.

The new jobs and a pre-employment training programme are being supported with £1.5m in State funding.

Chief executive Darragh McCarthy said: "We are delighted with progress to date at our Belfast centre of excellence, and we 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."

Invest NI gave the business £1.1m in support for the jobs and training, as well as £480,000 from the Assured Skills programme for a pre-employment training academy.

Invest NI chief executive Alastair Hamilton welcomed FinTrU's recruitment scheme.

He said: "(This 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 £4.2m annually in additional salaries."

Belfast Telegraph

Popular