Banking powerhouse Credit Suisse is to create 100 jobs at its new Dublin trading floor office across a variety of financial and support roles.
The Credit Suisse AG Dublin Branch will be located at Kilmore House in Spencer Dock in the IFSC following the Central Bank of Ireland’s announcement last month that it had given the go-ahead for the bank to establish a branch in Ireland.
With its headquarters in Zurich, Credit Suisse currently operates in more than 50 countries worldwide employing 45,100 people and says that it will now look to its Dublin trading floor as one of its key European centres.
The company also revealed in its announcement this morning (27 January), which was attended by An Taoiseach Enda Kenny, that there will be 40 jobs created in the roles of trading, risk and capital professionals.
The remaining 60 jobs to be created in the office will be largely in the roles of support and IT, with all positions expected to be filled by the end of 2016.
Speaking of this morning’s announcement, Credit Suisse’s CEO of global markets, Tim O’Hara, said: “The broad talent pool and efficiencies that the capital city has to offer made the decision to deploy operations in Dublin an easy one. Today’s opening further demonstrates our ongoing commitment to continue optimally serving our clients. We have made considerable investment in infrastructure and technology, all of which will help enhance our client offering.”
He continued: “We have long admired Ireland’s commitment to and vision for the country’s future as a European financial services centre and we are excited to establish our Prime Services business here.”
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Credit Suisse image via alex.ch/Flickr