Citi have announced that it intends to create 300 new jobs for Ireland this year. Minister for Finance Paschal Donohoe T.D. and Cecilia Ronan, Citi Country Head Ireland, with Martin Shanahan, CEO, IDA Ireland made the announcement at Citi’s European Bank headquarters on North Wall Quay in Dublin.
The bank employs 2500 people in Ireland currently. It has a significant presence in Dublin with several of its global businesses operating here including Corporate Banking and Private Banking, Treasury and Trade Solutions, Markets, and Securities Services.
The new positions available in 2022 include Risk, Audit, Finance and Treasury; Technology roles including Cloud and Cyber specialists, Software Engineering and Architects, Developers, Blockchain specialists; Client facing roles in Citi’s Treasury and Trade Solutions business and Commercial Bank; Operations roles including Fund Accounting, Asset Servicing; and Credit Management.
Minister for Finance Paschal Donohoe TD said, “I’m very pleased that Citi is announcing these new jobs today which comes at a time in Ireland when employment in the international financial services sector is at the highest level it has ever been at, boosted by Ireland’s highly educated and skilled workforce. Citi has a long history in Ireland, consistently evolving to keep pace with the rapid changes in the financial services sector and I congratulate them today on this important announcement.”
Cecilia Ronan, Citi Country Head Ireland, said, “this is an exciting announcement for Citi and for Ireland. Financial services has changed over the last ten years and more change is on the horizon as the pace of digitisation increases. Many of these new roles reflect this changing reality where skills like risk, software engineering, data analytics, cloud and cyber are of increasing importance to the growth and soundness of our business. We already employ 700 people in technology roles in Dublin and this is now set to increase.”
She continued, “we also recently announced the sale of our building at North Wall Quay and plans to purchase a modern and sustainable building in Dublin, reaffirming our long-term commitment to Ireland. We have flourished here because of the talent pool, the open economy and integrated ecosystem, and the access to the EU and I am excited to see that continue into the future.”
Commenting on the announcement Martin Shanahan, CEO, IDA Ireland said, “Citi’s considerable footprint and its growth across multiple and diverse business functions in Dublin, greatly adds to Ireland’s reputation as a global centre for Financial Services. IDA Ireland has supported the development of Citi in Ireland for many years and we wish the company continued success with this expansion.”
Citi has had a significant presence in Ireland for over 55 years. It was one of the first foreign banks to open an office in Dublin. Citi opened its first Global Innovation Lab in Dublin in 2009, which was supported by the Irish Government and IDA; Dublin is now also the home of Citi’s Global Centre of Excellence for Artificial Intelligence & Blockchain.
Every day in Dublin, Citi’s global teams interact with colleagues and clients in over 100 countries processing millions of transactions and supporting next-generation technology. With a firm focus on building careers, the team at Citi benefit from mentoring and excellent training, and the opportunity to build a global career from Dublin. Citi Ireland was recently named by LinkedIn as one of the Top 25 Employers in Ireland.
Citi champions diversity within the workforce, with 60 different nationalities working in the Dublin office.
Source: IDA Ireland