The US-headquartered financial service, Fidelity Investments is expanding its presence in Ireland by hiring 300 new full-time employees in its Dublin and Galway offices.
The majority of the positions will be in Fidelity’s technology team, but there will also be a number of business operations positions available in Dublin.
There will be 200 positions created in Galway and another 100 in Dublin, with flexible working opportunities available. The company has been experimenting with combining onsite and offsite work in a hybrid approach known as ‘dynamic working.’
Recruitment for the new posts is already underway, and Fidelity aims to fill all vacancies within two years.
The US-based financial services company will thereafter employ 1,800 persons in Ireland.
Its graduate pipeline is also contributing to its expansion. Recent and upcoming graduates can apply for positions with Fidelity through the 2023 Leap Technology Graduate programme, which provides hands-on training.
Fidelity is recruiting in technology across the area, including software engineering, cloud technologies, application and data architecture, cybersecurity, and product jobs such as scrum masters and squad leaders.
Fidelity attributes the expansion to increased demand for its business technology, asset management, and workplace investing offerings.
“We are excited to be growing our operations in Ireland again,” said Lorna Martyn, SVP of technology at Fidelity Investments Ireland. “In recent years we have had exceptional success in recruiting high-quality candidates and look forward to welcoming our new associates over the coming months.”
Martyn described the new jobs as “highly skilled positions” that will “enhance [Fidelity’s] ability to meet [its] customers’ changing needs into the future”.
The Government and IDA Ireland welcomed the announcement as a further commitment from Fidelity Investments in Ireland. The company first established an office here more than 25 years ago, and announced expansion plans in 2020 and 2021.
“The investment also endorses IDA’s long-term strategy of partnering with existing clients based in Dublin to expand into second sites in regional locations, to tap into the talent base available across the country,” said IDA CEO Martin Shanahan.