The positions will be created at the company's Belfast operations centre, boosting employment numbers there to over 850.

The operations division supports Citi's markets and banking business around the world.

The expansion, which is being supported by Invest NI, is Citi’s fourth since it established its initial Technology Centre of Excellence in Belfast in 2004.

Invest NI has offered Citi £2m to support the project.

Announcing the investment, Economy Minister Arlene Foster said: “As the US-NI conference demonstrated, Northern Ireland can supply the high quality skills and infrastructure that international banking institutions, such as Citi, need in order to remain competitive.

“Invest NI has been working with Citi for over six years and today’s announcement is the culmination of many months of hard work on both sides.

“Citi’s continuing expansion in Northern Ireland is further evidence of the region’s attractiveness to global financial services firms and it highlights the importance of Citi, and the wider sector, to our local economy.”

A spokesman for Citi said: “The strength of the available skills base within Northern Ireland is backed by a strong educational system and has been borne out in our recruitment efforts over the past three years. We are confident such success will continue.”

Citi, which currently operates out of a number of locations in Belfast, including the White Star Building at the Northern Ireland Science Park, also confirmed today that it has signed a lease to occupy two of the three new Gateway Office Buildings at Titanic Quarter, adjacent to the Odyssey, to facilitate its growth plans.