Financial services firm Citi Belfast, which already employs roughly 1,500 people, is set to receive a stg£54m investment, creating 600 new jobs in the city.
Located in the Titanic Quarter, the new jobs will have salaries of stg£35,000 (€44,000), which will attract “the skill set and calibre of individuals required to fulfil these roles,” according to First Minister of Northern Ireland Peter Robinson.
“The success of our current operations in Belfast was an important factor behind this latest decision to create another 600 jobs,” said James Bardrick, Citi country officer in the UK.
“The supply of talent in Northern Ireland, particularly at graduate level, is impressive and, coupled with the support from Invest NI and DEL (Department for Employment and Learning), it makes this region highly attractive to a global company like Citi seeking the best location for growth.”
Citi first set up a technology operation in Belfast in 2004 and since then has made a number of reinvestments, expanding services to include operations and technology, legal, compliance, and more recently, human resources.
Invest NI has offered Citi support of stg£5,968,000 and DEL has offered stg£246,000 under its Assured Skills programme.