New Danske Bank centre creates 67 jobs
Danske Bank will create 67 new jobs in Londonderry in its new customer protection centre.
The positions will include quality assurance managers and analysts and will contribute £1.5m to the city's economy in annual wages.
Invest NI contributed £234,500 towards the creation of the roles, which have a starting salary of around £17,000. Stephen Matchett, Danske Bank's chief financial officer, said: "Our successful bid for this new centre to be located in the north west, rather than at one of the Danske Bank Group's existing European centres, ensures that we remain close to our customer base in Northern Ireland.
"This new team in Derry will be an additional resource supplementing existing teams in Lithuania and Poland, and will initially be responsible for completing the checks for customers here in Northern Ireland, the Republic of Ireland and London.
"We have already begun recruiting for this team and for the first Academy, with all the roles to be in place by 2020."
The new positions will involve reviewing the source of wealth for bank customers, which is now standard practice in accordance with anti money laundering legislation.
Jeremy Fitch, executive director, business and sector development, Invest NI said: "This is a new and emerging function for Danske Bank operations throughout Europe in response to new financial crime and anti-money laundering legislation."
The mayor of Derry and Strabane, SDLP councillor John Boyle, said: "This investment boost is very good news for our region and reaffirms the north west's position as a competitive, exciting and innovative place to do business.
"The commitment being demonstrated by Danske Bank and Invest NI shows business confidence is improving throughout the area and is in keeping with the work the council is doing in terms of job creation and investment that is set out in our strategic growth plan."
The president of the Londonderry Chamber of Commerce, Jennifer McKeever, said the new jobs are a "tremendous boost". She added: "The creation of 67 new jobs right in heart of our city centre at Shipquay Place is very welcome news for Derry. The generation of £1.5m in salaries from the new customer protection centre will be a tremendous boost to the local economy.
"We particularly welcome the collaboration of Danske Bank with the Department for the Economy to provide training and skills development in Derry."