IE
Company: Citigroup
There are lots of jobs for technologists in nearshore locations like Belfast, but it’s not a great career move
If you’re a City-based financial technologist who has fallen on hard times and are considering hopping on a plane to Ireland for one of the many nearshored IT roles in Dublin or Belfast, you may wish to reconsider. While London’s IT in finance job market is showing signs of strain, recruiters in Dublin and Belfast [...]
Why BarCap’s rate cuts will produce a domino effect
Until recently, the IT contractor 10% rate cuts had largely confined to a handful of investment banks which were retrenching in the UK anyway. Now, however, BarCap’s decision to slash contractor pay could prove to be the tipping point for universal rate cuts. From 5 December, BarCap (and Barclays Wealth) will cut rates by 10% [...]
Reasons to believe Ireland’s funds industry is set for growth in 2011
Citigroup is kick-starting its Dublin recruitment drive (which will eventually create 250 roles), but this isn’t the only reason to feel optimistic about job prospects in Ireland’s funds industry going into 2011. One hiring manager at a large fund administration firm in Ireland claims its all hands on deck going into the new year, with [...]
Bye-bye London, hello Belfast, Dublin and Glasgow
Because it’s traditionally been where the jobs (and the money) are, technologists working within investment banks have obviously gravitated towards the City. But, with more development work being ‘nearshored’, is there an argument for moving to a more provincial location? Examples of relatively highly-skilled development work being carried out beyond the confines of the square [...]
Financial services firms in Ireland want techies too
While IDA Ireland has been encouraging a raft of technology companies to either set up shop here or expand their presence, the financial sector has largely been excluded from this recruitment frenzy. Now, however, a number of firms are kick-starting new projects which is creating job opportunities. The likes of IBM, LinkedIn, Citrix, Lumension, RiotGames, [...]
The quietly booming financial IT sector in Ireland
Global technology budgets within financial services have shrunk this year, which ironically has worked to Ireland’s advantage. A focus on buying in cheaper third-party systems (rather than building in-house) has provided a boon to the country’s financial software vendors, while banks have also begun to view Ireland as a development hub. Part of the reason [...]
Duvet days to woo technologists to Belfast
Financial technology firms in Northern Ireland remain keen to recruit, but are still finding it difficult to source the talent they need to fill the open roles. What’s the reason for this optimistic outlook? Well, partly because the big international firms are still trying make good on expansion promises made last year. Wombat Financial Software [...]
International banks trimming Irish workforce
It might not be a massive surprise considering the grim outlook for these companies globally, but both Citigroup and Merrill Lynch are rumoured to be trimming their Irish workforce. Citigroup announced before Christmas that it was set to reduce its global workforce by 52,000. In Ireland, it employs 2,200 people, which makes it the largest [...]
Irish financial IT firms continue to recruit
Ireland – which has established itself as a centre for banking IT operations – looked like a prime candidate to suffer in the light of shrinking technology budgets in financial institutions this year. However, appetite for hiring seems undiminished and performance has defied market conditions. First Derivatives, an Irish-based firm that provides support services to [...]
Ireland attracting top IT jobs
High-end IT roles within financial services in Ireland are holding up in the face of deteriorating economic conditions – if only there were enough talent available. Ireland seems to be the beneficiary of Citigroup’s new centralised IT function, and the bank has just announced the creation of 30 new high-end technology positions in its research [...]
Follow eFinancialCareers
What is RSS?
Advice
