Fintru, a financial services company, founded by an entrepreneur from west Cork, is to create 605 new jobs in a £38 million (€43 million ) expansion programme in Northern Ireland.
Darragh McCarthy set up Fintru in 2013, providing resourcing solutions for Tier 1 investment banks from London to New York, Tokyo, Frankfurt and Paris.
The company currently employs 250 staff across its two Belfast city centre offices and in Derry. It now intends to establish a new facility in Derry, which will create an additional 305 jobs, and expand its Belfast operation by recruiting a further 300 people.
McCarthy, a graduate of UCD, previously held a number of senior roles at Morgan Stanley in London, Frankfurt and New York before establishing his business to provide services to assist global investment banks “navigate the ever-increasing regulatory landscape”.
Mr McCarthy is one of 24 finalists selected from across Ireland in this year’s EY Entrepreneur of the Year Awards.
The chief executive of the North’s regional business development agency, Alastair Hamilton, has welcomed the major jobs boost for Northern Ireland.
“The new jobs to be recruited over the next five years will generate over £15million in additional annual salaries for the local economy.
“Invest NI has offered £3.2million of support for the new jobs and the Department for the Economy has offered £2.4million of support through its Assured Skills Programme,” Mr Hamilton said.
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The CareersPortal Team